Private Capital Advisors Inc. Sells 199,575 Shares of Energy Transfer Partners LP (ETP)

Private Capital Advisors Inc. cut its holdings in Energy Transfer Partners LP (NYSE:ETP) by 89.1% in the fourth quarter, HoldingsChannel reports. The firm owned 24,525 shares of the pipeline company’s stock after selling 199,575 shares during the quarter. Private Capital Advisors Inc.’s holdings in Energy Transfer Partners were worth $439,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of ETP. Colonial Trust Advisors lifted its position in Energy Transfer Partners by 11.2% in the second quarter. Colonial Trust Advisors now owns 10,763 shares of the pipeline company’s stock worth $219,000 after buying an additional 1,088 shares during the last quarter. Toronto Dominion Bank lifted its position in Energy Transfer Partners by 50.0% in the second quarter. Toronto Dominion Bank now owns 8,250 shares of the pipeline company’s stock worth $168,000 after buying an additional 2,750 shares during the last quarter. Moors & Cabot Inc. lifted its position in Energy Transfer Partners by 2.2% in the third quarter. Moors & Cabot Inc. now owns 145,628 shares of the pipeline company’s stock worth $2,653,000 after buying an additional 3,077 shares during the last quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO lifted its position in Energy Transfer Partners by 17.1% in the third quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 21,456 shares of the pipeline company’s stock worth $392,000 after buying an additional 3,132 shares during the last quarter. Finally, Sippican Capital Advisors lifted its position in Energy Transfer Partners by 15.3% in the third quarter. Sippican Capital Advisors now owns 23,784 shares of the pipeline company’s stock worth $435,000 after buying an additional 3,151 shares during the last quarter. 62.16% of the stock is owned by hedge funds and other institutional investors.

Energy Transfer Partners LP (NYSE ETP) traded up $0.23 during trading hours on Friday, hitting $20.01. The stock had a trading volume of 8,703,111 shares, compared to its average volume of 8,125,934. Energy Transfer Partners LP has a fifty-two week low of $15.25 and a fifty-two week high of $26.73. The company has a market capitalization of $23,120.00, a P/E ratio of 33.35 and a beta of 1.00. The company has a debt-to-equity ratio of 1.09, a quick ratio of 0.61 and a current ratio of 0.84.

Energy Transfer Partners (NYSE:ETP) last released its earnings results on Tuesday, November 7th. The pipeline company reported $0.33 earnings per share for the quarter, topping the consensus estimate of $0.22 by $0.11. Energy Transfer Partners had a return on equity of 5.81% and a net margin of 10.91%. The business had revenue of $6.97 billion during the quarter, compared to the consensus estimate of $7.31 billion. During the same period last year, the company earned ($0.49) earnings per share. The business’s revenue for the quarter was up 26.1% compared to the same quarter last year. analysts forecast that Energy Transfer Partners LP will post 0.66 EPS for the current fiscal year.

A number of brokerages recently issued reports on ETP. Bank of America began coverage on Energy Transfer Partners in a research report on Tuesday. They issued a “buy” rating for the company. BMO Capital Markets restated a “hold” rating and issued a $23.00 price target on shares of Energy Transfer Partners in a research report on Wednesday, October 18th. Robert W. Baird restated a “buy” rating and issued a $29.00 price target on shares of Energy Transfer Partners in a research report on Tuesday, September 26th. US Capital Advisors downgraded Energy Transfer Partners from an “overweight” rating to a “hold” rating in a research report on Thursday, January 4th. Finally, Credit Suisse Group started coverage on Energy Transfer Partners in a research report on Thursday, January 4th. They issued an “outperform” rating and a $20.00 price target for the company. One analyst has rated the stock with a sell rating, six have assigned a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the company. Energy Transfer Partners currently has a consensus rating of “Buy” and an average price target of $25.86.

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Energy Transfer Partners Profile

Energy Transfer Partners, L.P., formerly Sunoco Logistics Partners L.P., owns and operates a logistics business. The Company is engaged in the transport, terminaling and storage of crude oil, refined products and natural gas liquids (NGLs). The Company’s segments include Crude Oil, Natural Gas Liquids and Refined Products.

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Institutional Ownership by Quarter for Energy Transfer Partners (NYSE:ETP)

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