Horrell Capital Management adds Enterprise Products Partners L.P. (EPD) to its portfolio

Enterprise Products Partners L.P. (EPD) : Horrell Capital Management added new position in Enterprise Products Partners L.P. during the most recent quarter end. The investment management firm now holds 5,800 shares of Enterprise Products Partners L.P. which is valued at $158,340 , the company said in a statement filed on Apr 21, 2016 with the SEC.Enterprise Products Partners L.P. makes up approximately 0.10% of Horrell Capital Management’s portfolio.

Enterprise Products Partners L.P. opened for trading at $27.05 and hit $27.3777 on the upside on Wednesday, eventually ending the session at $27.13, with a gain of 1.02% or 0.275 points. The heightened volatility saw the trading volume jump to 53,38,387 shares. Company has a market cap of $54,837 M.

Other Hedge Funds, Including , Meritage Portfolio Management added EPD to its portfolio by purchasing 86,385 company shares during the most recent quarter which is valued at $2,358,311. Enterprise Products Partners L.P. makes up approx 0.26% of Meritage Portfolio Management’s portfolio.Gemmer Asset Management reduced its stake in EPD by selling 1,065 shares or 22.73% in the most recent quarter. The Hedge Fund company now holds 3,621 shares of EPD which is valued at $86,832. Enterprise Products Partners L.P. makes up approx 0.05% of Gemmer Asset Management’s portfolio.W.g. Shaheen Associates Dba Whitney Co reduced its stake in EPD by selling 6,440 shares or 5.83% in the most recent quarter. The Hedge Fund company now holds 103,961 shares of EPD which is valued at $2,492,985. Enterprise Products Partners L.P. makes up approx 1.06% of W.g. Shaheen Associates Dba Whitney Co’s portfolio.Bkd Wealth Advisors reduced its stake in EPD by selling 1,979 shares or 18.52% in the most recent quarter. The Hedge Fund company now holds 8,705 shares of EPD which is valued at $208,746. Enterprise Products Partners L.P. makes up approx 0.03% of Bkd Wealth Advisors’s portfolio. Proficio Capital Partners added EPD to its portfolio by purchasing 1,605 company shares during the most recent quarter which is valued at $39,098. Enterprise Products Partners L.P. makes up approx 0.03% of Proficio Capital Partners’s portfolio.

On the company’s financial health, Enterprise Products Partners L.P. reported $0.35 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Jan 28, 2016. Analyst had a consensus of $0.34. The company had revenue of $6155.00 million for the quarter, compared to analysts expectations of $7341.25 million. The company’s revenue was down -39.6 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.36 EPS.

Enterprise Products Partners L.P. is a provider of midstream energy services to producers and consumers of natural gas natural gas liquids (NGLs) crude oil petrochemicals and refined products. The Company operates in five segments: NGL Pipelines & Services segment includes its natural gas processing plants and related NGL marketing activities; Onshore Natural Gas Pipelines & Services segment includes approximately 19300 miles of onshore natural gas pipeline systems; Onshore Crude Oil Pipelines & Services segment includes approximately 5400 miles of onshore crude oil pipelines crude oil storage terminals; Offshore Pipelines & Services segment serves drilling and development regions including deepwater production fields and Petrochemical & Refined Products Services segment includes propylene fractionation and related operations including approximately 680 miles of pipelines. Its asset portfolio includes 24 natural gas processing plants and 22 NGL and propylene fractionators.

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