Sentinel Trust Co Lba Lowers stake in Enterprise Products Partners L.P. (EPD)

Enterprise Products Partners L.P. (EPD) : Sentinel Trust Co Lba reduced its stake in Enterprise Products Partners L.P. by 0.17% during the most recent quarter end. The investment management company now holds a total of 13,029,052 shares of Enterprise Products Partners L.P. which is valued at $312,436,667 after selling 22,207 shares in Enterprise Products Partners L.P. , the firm said in a disclosure report filed with the SEC on Apr 13, 2016.Enterprise Products Partners L.P. makes up approximately 46.25% of Sentinel Trust Co Lba’s portfolio.

Enterprise Products Partners L.P. opened for trading at $23.68 and hit $24.99 on the upside on Monday, eventually ending the session at $24.88, with a gain of 3.75% or 0.9 points. The heightened volatility saw the trading volume jump to 35,58,795 shares. Company has a market cap of $50,289 M.

Other Hedge Funds, Including , Carnegie Capital Asset Management boosted its stake in EPD in the latest quarter, The investment management firm added 1,103 additional shares and now holds a total of 90,154 shares of Enterprise Products Partners L.P. which is valued at $2,161,893. Enterprise Products Partners L.P. makes up approx 0.33% of Carnegie Capital Asset Management’s portfolio.Country Club Trust Company N.a. boosted its stake in EPD in the latest quarter, The investment management firm added 5,222 additional shares and now holds a total of 63,646 shares of Enterprise Products Partners L.P. which is valued at $1,526,231. Enterprise Products Partners L.P. makes up approx 0.23% of Country Club Trust Company N.a.’s portfolio.Gofen Glossberg Il boosted its stake in EPD in the latest quarter, The investment management firm added 75 additional shares and now holds a total of 85,448 shares of Enterprise Products Partners L.P. which is valued at $2,049,043. Enterprise Products Partners L.P. makes up approx 0.09% of Gofen Glossberg Il’s portfolio.Creative Planning boosted its stake in EPD in the latest quarter, The investment management firm added 223,383 additional shares and now holds a total of 5,284,989 shares of Enterprise Products Partners L.P. which is valued at $128,742,332. Enterprise Products Partners L.P. makes up approx 1.01% of Creative Planning’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.

Many Wall Street Analysts have commented on Enterprise Products Partners L.P.. Enterprise Products Partners L.P. was Upgraded by Morgan Stanley to ” Overweight” on Jan 20, 2016.

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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