Centaurus Financial Inc. Buys New Position in Energy Transfer Partners LP (ETP)

Centaurus Financial Inc. bought a new stake in shares of Energy Transfer Partners LP (NYSE:ETP) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 20,015 shares of the pipeline company’s stock, valued at approximately $359,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. SG Americas Securities LLC boosted its stake in Energy Transfer Partners by 9,517.3% during the third quarter. SG Americas Securities LLC now owns 2,659,844 shares of the pipeline company’s stock worth $48,649,000 after acquiring an additional 2,632,187 shares in the last quarter. Legacy Advisors LLC bought a new stake in Energy Transfer Partners during the third quarter worth about $361,000. Sei Investments Co. boosted its stake in Energy Transfer Partners by 7,819.9% during the third quarter. Sei Investments Co. now owns 37,778 shares of the pipeline company’s stock worth $691,000 after acquiring an additional 37,301 shares in the last quarter. Janney Montgomery Scott LLC bought a new stake in Energy Transfer Partners during the third quarter worth about $4,708,000. Finally, Starfire Investment Advisers Inc. bought a new stake in Energy Transfer Partners during the fourth quarter worth about $2,223,000. 62.14% of the stock is currently owned by hedge funds and other institutional investors.

Energy Transfer Partners LP (NYSE:ETP) opened at $18.99 on Friday. The company has a current ratio of 0.84, a quick ratio of 0.61 and a debt-to-equity ratio of 1.09. Energy Transfer Partners LP has a twelve month low of $15.25 and a twelve month high of $25.97. The firm has a market cap of $21,940.00, a P/E ratio of 31.65 and a beta of 0.91.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 14th. Stockholders of record on Thursday, February 8th were issued a dividend of $0.565 per share. The ex-dividend date was Wednesday, February 7th. This represents a $2.26 annualized dividend and a dividend yield of 11.90%. Energy Transfer Partners’s payout ratio is 376.67%.

Several equities research analysts recently commented on ETP shares. Zacks Investment Research raised shares of Energy Transfer Partners from a “hold” rating to a “buy” rating and set a $19.00 price objective on the stock in a research note on Tuesday, November 14th. Tudor Pickering upgraded shares of Energy Transfer Partners from a “hold” rating to a “buy” rating in a research note on Wednesday, December 13th. US Capital Advisors downgraded shares of Energy Transfer Partners from an “overweight” rating to a “hold” rating in a research note on Thursday, January 4th. Stifel Nicolaus reiterated a “buy” rating and issued a $21.00 target price (down previously from $24.00) on shares of Energy Transfer Partners in a research note on Thursday, November 9th. Finally, Morgan Stanley dropped their target price on shares of Energy Transfer Partners from $25.00 to $23.00 and set an “equal weight” rating on the stock in a research note on Friday, November 17th. Two research analysts have rated the stock with a sell rating, six have given a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company. Energy Transfer Partners presently has a consensus rating of “Buy” and a consensus target price of $25.86.

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About Energy Transfer Partners

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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