DF Dent & Co. Inc. Has $465,000 Position in Enterprise Products Partners L.P. (EPD)

DF Dent & Co. Inc. held its stake in shares of Enterprise Products Partners L.P. (NYSE:EPD) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 17,175 shares of the oil and gas producer’s stock at the close of the 2nd quarter. DF Dent & Co. Inc.’s holdings in Enterprise Products Partners L.P. were worth $465,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. First Financial Corp IN grew its holdings in shares of Enterprise Products Partners L.P. by 11.1% during the second quarter. First Financial Corp IN now owns 4,000 shares of the oil and gas producer’s stock worth $108,000 after purchasing an additional 400 shares during the last quarter. First Eagle Investment Management LLC bought a new stake in shares of Enterprise Products Partners L.P. during the second quarter worth $130,000. Camarda Financial Advisors LLC grew its holdings in shares of Enterprise Products Partners L.P. by 0.6% during the second quarter. Camarda Financial Advisors LLC now owns 4,835 shares of the oil and gas producer’s stock worth $131,000 after purchasing an additional 27 shares during the last quarter. Intellectus Partners LLC grew its holdings in shares of Enterprise Products Partners L.P. by 8.0% during the first quarter. Intellectus Partners LLC now owns 5,400 shares of the oil and gas producer’s stock worth $149,000 after purchasing an additional 399 shares during the last quarter. Finally, Jacobi Capital Management LLC grew its holdings in shares of Enterprise Products Partners L.P. by 690.9% during the second quarter. Jacobi Capital Management LLC now owns 5,449 shares of the oil and gas producer’s stock worth $148,000 after purchasing an additional 4,760 shares during the last quarter. Institutional investors own 37.56% of the company’s stock.

Enterprise Products Partners L.P. (NYSE:EPD) last released its quarterly earnings results on Thursday, August 3rd. The oil and gas producer reported $0.30 EPS for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.03). Enterprise Products Partners L.P. had a net margin of 10.28% and a return on equity of 12.04%. The company had revenue of $6.61 billion during the quarter, compared to the consensus estimate of $6.44 billion. During the same quarter last year, the firm posted $0.27 EPS. The company’s quarterly revenue was up 17.6% on a year-over-year basis.

Several brokerages have recently commented on EPD. Seaport Global Securities began coverage on Enterprise Products Partners L.P. in a report on Tuesday. They set a “neutral” rating and a $29.00 target price on the stock. Stifel Nicolaus restated a “buy” rating and set a $30.00 target price on shares of Enterprise Products Partners L.P. in a report on Friday, September 15th. Jefferies Group LLC decreased their target price on Enterprise Products Partners L.P. from $33.00 to $30.00 and set a “buy” rating on the stock in a report on Friday, September 1st. BidaskClub upgraded Enterprise Products Partners L.P. from a “sell” rating to a “hold” rating in a report on Saturday, August 19th. Finally, Sanford C. Bernstein restated an “outperform” rating on shares of Enterprise Products Partners L.P. in a report on Thursday, August 10th. Two analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company. Enterprise Products Partners L.P. currently has a consensus rating of “Buy” and a consensus target price of $30.99.

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Enterprise Products Partners L.P. Profile

Enterprise Products Partners L.P. (Enterprise) is a provider of midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, petrochemicals and refined products in North America. The Company’s segments include NGL Pipelines & Services; Crude Oil Pipelines & Services; Natural Gas Pipelines & Services, and Petrochemical & Refined Products Services.

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Institutional Ownership by Quarter for Enterprise Products Partners L.P. (NYSE:EPD)

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