Enterprise Products Partners L.P. (EPD:NYE) has been added to Accurate Wealth Management LLC’s portfolio, according to a 13F filing with the Securities & Exchange Commission. The fund bought 4,635 shares of the EPD stock, valued at approximately $118,000.
Other institutional investors, such as Meixler Investment Management Ltd., Private Ocean LLC, Advisors Asset Management Inc., Oder Investment Management LLC, and Quadrant Capital Group LLC, have also made changes to their positions in EPD.
In related news, Enterprise Products Partners announced a quarterly dividend of $0.49 per share, representing a dividend yield of 7.87%. The company also reported EPS of $0.65 for the fourth quarter of 2022.
EPD Stock Forecast:
Based on the EPD stock forecast from 8 analysts, the average analyst target price for Enterprise Products Partners LP is USD 31.88 over the next 12 months. Enterprise Products Partners LP’s average analyst rating is Strong Buy.
Stock Target Advisor’s own stock analysis of Enterprise Products Partners LP is Neutral. Which is based on 5 positive signals and 5 negative signals. At the last closing, EPD stock price was USD 24.92. Enterprise Products Partners LP’s stock price has changed by -1.89% over the past week, -5.53% over the past month, and +3.27% over the last year.
Company Profile:
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.
It also operates refined products pipelines and terminals; and ethylene export terminals, as well as provides refined products marketing and marine transportation services. Enterprise Products Partners L.P. founded in 1968 and is headquartered in Houston, Texas.
