Enbridge Energy Partners (EEP) Research Coverage Started at Bank of America

Lloyd Doyle
January 13, 2018

During the same quarter last year, the company posted $0.09 EPS. equities analysts anticipate that Enbridge Energy Partners, L.P. will post 0.72 earnings per share for the current fiscal year. EEP's profit would be $88.60 million giving it 17.79 P/E if the $0.21 EPS is correct.

Over the past three months, Enbridge Energy Partners, L.P. insiders have been net buyers, dumping a net of 0 shares. The company's stock had a trading volume of 1,104,605 shares, compared to its average volume of 1,587,425. About 281,264 shares traded. Travelers Companies Inc sold 204,200 shares as Enbridge Energy Partners Lp (EEP)'s stock declined 3.34%. It has underperformed by 1.46% the S&P500. The Company operates through the Liquids business segment. It has a 23.71 P/E ratio. The Company's activities include interstate pipeline transportation and storage of crude oil and liquid petroleum, and gathering, treating, processing and transportation of natural gas and natural gas liquids (NGLs), through pipelines and related facilities, and supply, transportation and sales services, including purchasing and selling natural gas and NGLs.

Investors sentiment decreased to 0.82 in 2017 Q3. Narrowing in a bit closer, the 5 month price index is 1.03854, the 3 month is 0.95440, and the 1 month is now 1.05587. Cubist Systematic Strategies Limited Liability reported 0.01% of its portfolio in Enbridge Energy Management, L.L.C. (NYSE:EEQ). 10 funds opened positions while 61 raised stakes. 136.85 million shares or 3.46% more from 132.27 million shares in 2017Q2 were reported. Enbridge Energy Partners exhibits a strong ROE against its peers, however it was not high enough to cover its own cost of equity this year. Citadel Advisors Limited Liability Co has 126,887 shares. Duncker Streett Com reported 5,781 shares.

Enbridge Energy Management LLC (EEQ) has the market capitalization of $1.26 Billion. Alliancebernstein Lp reported 0% of its portfolio in Enbridge Energy Partners, L.P. (NYSE:EEP). The Volatility 3m is a similar percentage determined by the daily log normal returns and standard deviation of the share price over 3 months. Enbridge Energy Management, L.L.C. (NYSE:EEQ) has declined 11.33% since January 12, 2017 and is downtrending. Loring Wolcott & Coolidge Fiduciary Advisors Llp Ma accumulated 13,300 shares.


Analysts await Enbridge Energy Partners, L.P. (NYSE:EEP) to report earnings on February, 15. Maple Cap Mngmt owns 13,183 shares. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 2,326,739 shares of the pipeline company's stock worth $37,228,000 after buying an additional 81,697 shares during the period. NEXT Financial Group Inc boosted its position in shares of Enbridge Energy, L.P.by 201.8% in the third quarter. Raymond James And Associates stated it has 186,537 shares. After a recent check, the current stock price divided by the 52-week high for shares of Enbridge Energy Partners, L.P. (NYSE:EEP), gives us a value of 0.576000. Salem Counselors holds 7,700 shares or 0.01% of its portfolio. Therefore 25% are positive. Tradewinds Cap Management Ltd Limited Liability Company reported 0% in Enbridge Energy Partners, L.P. (NYSE:EEP). The firm has "Hold" rating by BMO Capital Markets given on Wednesday, September 6. Zacks Investment Research raised shares of Enbridge Energy, L.P. from a "sell" rating to a "hold" rating in a research report on Wednesday, October 26th. The stock presently has a consensus rating of Sell and an average price target of $17.50. The Return on Assets for Enbridge Energy Partners, L.P. (NYSE:EEP) is 0.013282. RBC Capital Markets maintained the stock with "Hold" rating in Wednesday, August 2 report. The firm has "Neutral" rating given on Tuesday, May 3 by Credit Suisse. As per Thursday, December 21, the company rating was maintained by Stifel Nicolaus. Travelers Incorporated has invested 5.36% in Enbridge Energy Partners, L.P. (NYSE:EEP). The Manufacturers Life Insurance Company now owns 9,625 shares of the pipeline company's stock valued at $154,000 after purchasing an additional 1,959 shares in the last quarter. After $0.24 actual EPS reported by Enbridge Energy Partners, L.P. for the previous quarter, Wall Street now forecasts -12.50 % negative EPS growth. Thompson Davis Inc holds 0.02% or 800 shares in its portfolio.

The Shareholder Yield is a way that investors can see how much money shareholders are receiving from a company through a combination of dividends, share repurchases and debt reduction.

The stock has Return on Assets (ROA) of -800 percent. Accredited Inc, Minnesota-based fund reported 20,000 shares.

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