The most recent 13F filing that NBW Capital LLC submitted to the Securities and Exchange Commission reveals that during the company’s third fiscal quarter, the company’s stake in Enterprise Products Partners L.P. (NYSE: EPD) increased. Following the acquisition of an additional 15,016 shares during the period in question, the institutional investor had a total holding of 293,405 shares of the oil and gas producer’s stock at the end of the period. NBW Capital LLC’s 17th largest position is in Enterprise Products Partners, representing approximately 1.9% of the company’s total holdings. This position ranks 17th among the firm’s holdings. At the end of the most recent reporting period, it was determined that NBW Capital LLC had a value of $6,977,000 for the Enterprise Products Partners stock it owned. This value was determined at the end of the most recent reporting period.
During the most recent period, several other significant investors have been very active in the market, purchasing and selling company shares. The value of Cowa LLC’s assets held by Enterprise Products Partners rose by 9,906.0% over the first three months of 2018. During the most recent quarter, Cowa LLC bought 7,675,795 additional shares of the oil and gas producer’s stock, which increased the company’s overall holdings. There are currently 7,753,281 shares of the company’s stock in circulation, and the total value of these shares is $2,000,000. During the second quarter, ING Group NV increased the quantity of stock it holds in Enterprise Products Partners by 372.0% from the previous quarter. After making an additional purchase of 1,818,000 shares during the most recent quarter, ING Group NV now has a total of 2,306,652 of the oil and gas producer’s shares, which are currently valued at $56,213,000. This brings the company’s total number of shares to 2,306,652. The amount of Enterprise Products Partners stock owned by Trust Financial Corporation increased by 299.5% during the third quarter due to the company’s acquisition of additional shares. After making additional purchases totaling 1,521,865 shares during the most recent fiscal quarter, Trust Financial Corp. now has 2,029,962 shares of the oil and gas producer’s stock in its possession. The price per share has increased to reach $48,273,000 at this time. A new investment of $33,164,000 was made in Enterprise Products Partners by SailingStone Capital Partners LLC during the third quarter of 2018. Last but certainly not least, during the first quarter of this year, Enterprise Products Partners saw an increase of 12.5% in the percentage of ownership it held in Clearbridge Investments LLC. Clearbridge Investments LLC now has 11,888,708 shares of the oil and gas producer’s stock, which are currently valued at $306,848,000 thanks to the acquisition of an additional 1,323,267 shares during the period in question. This brings the company’s total number of shares to 11,888,708. At this point, institutional investors and investors from hedge funds collectively hold a total of 26.54% of the company’s stock.
The price of EPD shares increased by $0.12, reaching $25.26 per share on Thursday. There was a total volume of 4,443,227 transactions, and 11,121 shares were traded during that time. Enterprise Products Partners L.P. hit its all-time low of $22.75 one year ago, while the company reached its all-time high of $28.65 that same year. The stock’s price-to-earnings ratio is 10.84, and the stock’s beta value is 1.11. The company’s total market capitalization is $54.95 billion. At the moment, the stock price of the company has been trading at a moving average of $24.55 for the past 50 days and a moving average of $25.20 for the past 200 days. The values come out to be 0.97 for the debt-to-equity ratio, 0.86 for the current ratio, and 0.61 for the quick ratio.
The company’s most recent quarterly results report for Enterprise Products Partners (NYSE: EPD) was made public and presented on November 1, making it available for consumption by the general public. Earnings for the quarter for the oil and gas company came in at $0.63 per share, which was $0.02 higher than the consensus estimate of $0.61 per share. As evidenced by their 9.12% net margin and 19.59% return on equity, Enterprise Products Partners had a successful performance. The overall revenue for the quarter was $15.47 billion, a significant increase from the consensus expectation of $13.85 billion in revenue for the period. According to forecasts provided by analysts in the relevant industry, Enterprise Products Partners L.P. is anticipated to bring in a revenue of $2.48 per share throughout the current financial year.
In addition, the company has announced that it will be paying a quarterly dividend to its shareholders on February 14 after having previously declared the dividend. Shareholders who are still registered as such as January 31 will be eligible to receive a $0.49 dividend payment per share. Since the previous quarterly dividend that Enterprise Products Partners paid out was $0.48, we can say that this is an increase in that dividend because the current dividend amount is higher than the previous one. Monday, January 30, is the day that will determine whether or not you are eligible to receive a dividend payment. As a direct result, the dividend yield is calculated to be 7.76%, and the total annual dividend is calculated to be $1.96. The dividends distributed to shareholders by Enterprise Products Partners represent 81.90 percent of total dividends.
Additionally, on November 23, Director John R. Rutherford purchased 10,000 Enterprise Products Partners stock shares. John R. Rutherford made this purchase. The purchasers of the shares paid an average price of $24.88 per share when they were purchasing those shares, bringing the total cost of the transaction up to $248,800.00. As a result of the successful transaction completion, the director now has direct ownership of 123,941 company shares, which have an approximate value of $3,083,652.08. This page contains the filing containing the information about the transaction provided to the Securities and Exchange Commission (SEC). You can access the filing by clicking here. In other related news, Company Director John R. Rutherford bought 10,000 shares of the company’s stock on November 23. This information can be found in the previous sentence.
The purchasers of the shares paid an average price of $24.88 per share when they were purchasing those shares, bringing the total cost of the transaction up to $248,800.00. According to the most recently available information, the director currently holds 123,941 shares of the company, which have a total value of approximately $3,083,652.08. You will be taken to the legal file presented to the Securities and Exchange Commission if you click the link. In this file, the transaction is described in greater detail. In addition, on December 20, Aj Teague, the CEO of the company, bought an additional 21,150 shares of the company’s stock. It was decided to make a total payment of $499,140.00 in shares, which works out to an average price of $23.60 per share. This was the amount that was agreed upon. Following the successful conclusion of the transaction, the CEO was awarded direct ownership of 2,335,225 company shares, each of which has an approximate value of $55,111,310. You should look in this location if you are looking for the disclosure that pertains to this transaction. Business insiders spent $955,819 over the most recent three months to purchase 39,800 shares of company stock. Business insiders own a combined total of 32.60% of the company’s stock.
Recent commentary on the stock comes from analysts who focus on equity research and have recently shared their perspectives on the stock. Wolfe Research upgraded Enterprise Products Partners’ rating from “peer perform” to “outperform” and set a price objective of $27.00 for the company in a research report made available to the general public on Monday, January 9. The inclusion of Enterprise Products Partners in a research note written and distributed by StockNews.com took place for the first time on Wednesday, October 12. They suggested that an interested party purchase the company. Tudor, Pickering, Holt & Co. lowered their rating on shares of Enterprise Products Partners from “buy” to “hold” and set their price objective for the stock at $29.00 per share. On October 18, the results of a study were made available to the general public. The “buy” rating that Tudor Pickering had previously assigned to Enterprise Products Partners was downgraded to a “hold,” and a new price target of $29.00 was established for the company’s stock. A report was made available to the general public on Tuesday, October 18. On December 8th, Citigroup release
