MAY 3·MarketBeat→
Enterprise Products Partners L.P. $EPD Stake Lowered by Jennison Associates LLC
Jennison Associates LLC reduced its stake in Enterprise Products Partners L.P. (NYSE:EPD) by 5.3% in the fourth quarter, selling 38,115 shares and retaining 687,096 shares valued at $22.03 million. Despite missing EPS estimates, EPD saw revenue exceed expectations, and the company announced a quarterly dividend of $0.55 per share, representing a 5.8% yield. Analyst ratings for EPD are mixed, with a "Moderate Buy" consensus, and insider ownership stands at 32.6%.
APR 30·MarketBeat▲
Stock Traders Purchase Large Volume of Enterprise Products Partners Call Options (NYSE:EPD)
Stock traders recently executed an unusually large volume of call options for Enterprise Products Partners (NYSE:EPD), indicating significant short-term bullish sentiment. This surge in options trading occurred despite the company missing Q1 earnings estimates, though it recently declared a quarterly dividend of $0.55 per share. Analysts largely maintain a "Moderate Buy" rating for EPD, with several increasing their price targets.