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Fort Sheridan Advisors LLC increased its stake in Enterprise Products Partners L.P. (NYSE:EPD) by 13.1% in the 3rd quarter, owning 753,627 shares worth $20,627,000. Several other investment firms also recently bought into EPD, with a majority owning 26.54% of the company’s stock. This discusses the recent buying and holding trends for the stock.

Wall Street analysts gave mixed opinions on EPD’s stock, with solid ratings from some, while others reduced their price targets for the company. Overall, analysts predict an average price target of $31.91 for the stock. This information reflects the recent analyst reports and ratings for EPD’s stock.

Director John R. Rutherford purchased 10,000 shares of EPD at an average cost of $25.96 per share in a recent transaction. After the acquisition, the director owned 137,423 shares in the company amounting to $3,567,501.08. This includes the latest insider activity for the company’s stock.

Enterprise Products Partners stock opened at $26.66 on Friday, with the company showing a consistent 50-day and two-hundred day simple moving averages. The company reported a 52-week low of $24.66 and 52-week high of $27.95. This covers the current stock performance and market statistics for EPD.

Additionally, Enterprise Products Partners declared a raised quarterly dividend of $0.515, a 7.73% annualized yield. The company’s payout ratio is currently 81.75%. This informed of the recent dividend increase and its impact on the company’s annualized yield and payout ratio.

Enterprise Products Partners L.P. provides midstream energy services to various products. The company reported its most recent quarterly earnings, surpassing analysts’ estimates. They’re expected to post $2.63 EPS for the current year. This provided an overview of the company’s operations and financial performance.

To get the latest 13F filings and insider trades for Enterprise Products Partners L.P. (NYSE:EPD), readers can visit HoldingsChannel.com. This informs readers where to find more comprehensive information on EPD’s holdings and trade activity.



Read more: Enterprise Products Partners L.P. (NYSE:EPD) Stock Holdings Raised by Fort Sheridan Advisors LLC