Enterprise Products Partners L.P. (NYSE:EPD) Director Randa Duncan Williams Acquires 50,000 Shares

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Enterprise Products Partners L.P. (NYSE:EPD) Director Randa Duncan Williams purchased 50,000 shares of the business’s stock in a transaction on Friday, February 14th. The stock was bought at an average cost of $26.12 per share, with a total value of $1,306,000.00. The purchase was disclosed in a filing with the SEC, which is available at this link.

Randa Duncan Williams also recently made the following trade(s):

  • On Wednesday, February 12th, Randa Duncan Williams purchased 50,000 shares of Enterprise Products Partners stock. The stock was bought at an average cost of $26.50 per share, with a total value of $1,325,000.00.
  • On Monday, February 10th, Randa Duncan Williams purchased 50,000 shares of Enterprise Products Partners stock. The stock was bought at an average cost of $25.49 per share, with a total value of $1,274,500.00.
  • On Friday, February 7th, Randa Duncan Williams purchased 50,000 shares of Enterprise Products Partners stock. The stock was bought at an average cost of $25.56 per share, with a total value of $1,278,000.00.
  • On Wednesday, February 5th, Randa Duncan Williams purchased 50,000 shares of Enterprise Products Partners stock. The stock was bought at an average cost of $26.33 per share, with a total value of $1,316,500.00.
  • On Monday, February 3rd, Randa Duncan Williams purchased 200,000 shares of Enterprise Products Partners stock. The stock was bought at an average cost of $25.62 per share, with a total value of $5,124,000.00.
  • On Monday, December 30th, Randa Duncan Williams purchased 103,000 shares of Enterprise Products Partners stock. The stock was bought at an average cost of $28.13 per share, with a total value of $2,897,390.00.
  • On Wednesday, December 18th, Randa Duncan Williams purchased 1,600 shares of Enterprise Products Partners stock. The stock was bought at an average cost of $27.99 per share, with a total value of $44,784.00.
  • On Monday, December 16th, Randa Duncan Williams acquired 177,000 shares of Enterprise Products Partners stock. The stock was acquired at an average cost of $27.65 per share, with a total value of $4,894,050.00.
  • On Thursday, December 12th, Randa Duncan Williams acquired 37,196 shares of Enterprise Products Partners stock. The stock was acquired at an average cost of $27.85 per share, with a total value of $1,035,908.60.
  • On Wednesday, December 4th, Randa Duncan Williams acquired 322,000 shares of Enterprise Products Partners stock. The stock was acquired at an average cost of $25.96 per share, with a total value of $8,359,120.00.

NYSE:EPD opened at $26.27 on Friday. The company has a fifty day moving average of $27.54 and a 200 day moving average of $27.73. Enterprise Products Partners L.P. has a 52 week low of $25.04 and a 52 week high of $30.86. The company has a quick ratio of 0.72, a current ratio of 0.91 and a debt-to-equity ratio of 1.00. The firm has a market capitalization of $57.51 billion, a P/E ratio of 12.63, a P/E/G ratio of 3.01 and a beta of 0.89.

Enterprise Products Partners (NYSE:EPD) last posted its quarterly earnings results on Thursday, January 30th. The oil and gas producer reported $0.50 EPS for the quarter, missing the Zacks’ consensus estimate of $0.54 by ($0.04). Enterprise Products Partners had a net margin of 14.00% and a return on equity of 19.03%. The firm had revenue of $8.01 billion for the quarter, compared to the consensus estimate of $8.58 billion. During the same quarter in the prior year, the company earned $0.59 earnings per share. The company’s quarterly revenue was down 12.8% compared to the same quarter last year. As a group, analysts anticipate that Enterprise Products Partners L.P. will post 2.17 EPS for the current year.

The company also recently declared a quarterly dividend, which was paid on Wednesday, February 12th. Investors of record on Friday, January 31st were issued a dividend of $0.445 per share. This is a positive change from Enterprise Products Partners’s previous quarterly dividend of $0.44. This represents a $1.78 dividend on an annualized basis and a yield of 6.78%. The ex-dividend date was Thursday, January 30th. Enterprise Products Partners’s dividend payout ratio is currently 82.79%.

A number of large investors have recently bought and sold shares of EPD. Cedar Mountain Advisors LLC bought a new stake in Enterprise Products Partners during the 4th quarter valued at $28,000. Moser Wealth Advisors LLC bought a new stake in Enterprise Products Partners during the 4th quarter valued at $28,000. TCI Wealth Advisors Inc. raised its holdings in Enterprise Products Partners by 400.0% during the 3rd quarter. TCI Wealth Advisors Inc. now owns 1,000 shares of the oil and gas producer’s stock valued at $29,000 after buying an additional 800 shares during the last quarter. D Orazio & Associates Inc. bought a new stake in Enterprise Products Partners during the 3rd quarter valued at $30,000. Finally, Raab & Moskowitz Asset Management LLC bought a new position in Enterprise Products Partners in the 4th quarter worth $33,000. Institutional investors own 36.81% of the company’s stock.

A number of brokerages have recently issued reports on EPD. Morgan Stanley began coverage on shares of Enterprise Products Partners in a research note on Monday, January 6th. They issued an “overweight” rating and a $32.00 price objective for the company. ValuEngine raised shares of Enterprise Products Partners from a “sell” rating to a “hold” rating in a research note on Friday, January 3rd. Two equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $33.88.

About Enterprise Products Partners

Enterprise Products Partners L.P. provides midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, petrochemicals, and refined products. The company operates through four segments: NGL Pipelines & Services, Crude Oil Pipelines & Services, Natural Gas Pipelines & Services, and Petrochemical & Refined Products Services.

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Insider Buying and Selling by Quarter for Enterprise Products Partners (NYSE:EPD)

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