Center Coast Capital Advisors Lp buys $152,599,079 stake in Spectra Energy Partners LP (SEP)

Spectra Energy Partners LP (SEP) : Center Coast Capital Advisors Lp scooped up 137,953 additional shares in Spectra Energy Partners LP during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 20, 2016. The investment management firm now holds a total of 3,088,425 shares of Spectra Energy Partners LP which is valued at $152,599,079.Spectra Energy Partners LP makes up approximately 4.63% of Center Coast Capital Advisors Lp’s portfolio.

Spectra Energy Partners LP opened for trading at $49.48 and hit $50.13 on the upside on Friday, eventually ending the session at $49.41, with a gain of 0.69% or 0.34 points. The heightened volatility saw the trading volume jump to 4,00,193 shares. Company has a market cap of $14,089 M.

Other Hedge Funds, Including , Narwhal Capital Management boosted its stake in SEP in the latest quarter, The investment management firm added 1,740 additional shares and now holds a total of 43,515 shares of Spectra Energy Partners LP which is valued at $2,150,076. Spectra Energy Partners LP makes up approx 0.69% of Narwhal Capital Management’s portfolio. Capital Investment Advisors added SEP to its portfolio by purchasing 4,891 company shares during the most recent quarter which is valued at $232,714. Spectra Energy Partners LP makes up approx 0.02% of Capital Investment Advisors’s portfolio.Spirit Of America Management Corpny boosted its stake in SEP in the latest quarter, The investment management firm added 40,650 additional shares and now holds a total of 331,295 shares of Spectra Energy Partners LP which is valued at $15,763,016. Spectra Energy Partners LP makes up approx 2.81% of Spirit Of America Management Corpny’s portfolio.Creative Planning boosted its stake in SEP in the latest quarter, The investment management firm added 2,799 additional shares and now holds a total of 7,710 shares of Spectra Energy Partners LP which is valued at $364,837.

Many Wall Street Analysts have commented on Spectra Energy Partners LP. Spectra Energy Partners LP was Downgraded by Credit Suisse to ” Neutral” on Mar 17, 2016.

Spectra Energy Partners LP is engaged in the transmission storage and gathering of natural gas the transportation and storage of crude oil and the transportation of natural gas liquids (NGLs. The Company owns and operates natural gas transmission gathering and storage assets and crude oil transportation and storage assets in central southern and eastern United States as well as western Canada. The Company operates two segments: U.S. Transmission and Liquids. The Company’s U.S. Transmission business provides transmission storage and gathering of natural gas for customers in various regions of the northeastern and southeastern United States. The Company’s Liquids business provides transportation and storage of crude oil and transportation of NGLs for customers in central and southern United States and Canada.

Leave a Reply

Spectra Energy Partners LP - Is it time to Sell?

Top Brokerage Firms are advising their investors on Spectra Energy Partners LP. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.