Energy Transfer Partners LP (NYSE:ETP) Director Michael K. Grimm purchased 4,600 shares of the firm’s stock in a transaction on Friday, March 16th. The stock was acquired at an average cost of $17.06 per share, for a total transaction of $78,476.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Shares of Energy Transfer Partners LP (NYSE:ETP) traded up $0.17 during trading hours on Tuesday, hitting $16.55. The company had a trading volume of 7,518,649 shares, compared to its average volume of 8,349,254. The stock has a market cap of $19,753.49, a P/E ratio of 17.42, a P/E/G ratio of 1.00 and a beta of 0.93. The company has a current ratio of 0.93, a quick ratio of 0.71 and a debt-to-equity ratio of 1.00. Energy Transfer Partners LP has a 1-year low of $15.06 and a 1-year high of $24.71.
Several large investors have recently made changes to their positions in ETP. State Street Corp raised its holdings in shares of Energy Transfer Partners by 57.4% during the 2nd quarter. State Street Corp now owns 139,937 shares of the pipeline company’s stock valued at $2,854,000 after buying an additional 51,004 shares during the period. Sei Investments Co. increased its holdings in Energy Transfer Partners by 7,819.9% during the 3rd quarter. Sei Investments Co. now owns 37,778 shares of the pipeline company’s stock worth $691,000 after purchasing an additional 37,301 shares during the last quarter. CIBC Asset Management Inc increased its holdings in Energy Transfer Partners by 19.7% during the 3rd quarter. CIBC Asset Management Inc now owns 39,160 shares of the pipeline company’s stock worth $716,000 after purchasing an additional 6,443 shares during the last quarter. Comerica Bank purchased a new stake in Energy Transfer Partners during the 3rd quarter worth approximately $312,000. Finally, Sumitomo Mitsui Trust Holdings Inc. increased its holdings in Energy Transfer Partners by 15.4% during the 3rd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 750,500 shares of the pipeline company’s stock worth $13,727,000 after purchasing an additional 100,000 shares during the last quarter. Institutional investors and hedge funds own 64.24% of the company’s stock.
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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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