Kayne Anderson Capital Advisors LP Lowered Its Stake in Enterprise Prods Partners L (EPD) by $864,220; Tortoise Investment Management Has Boosted Stake in Nuveen Ny Select Tax Free Pr (NXN) by $304,128 as Stock Rose

Enterprise Products Partners L.P. (NYSE:EPD) Logo

Tortoise Investment Management Llc increased its stake in Nuveen Ny Select Tax Free Pr (NXN) by 19.86% based on its latest 2018Q3 regulatory filing with the SEC. Tortoise Investment Management Llc bought 25,344 shares as the company’s stock rose 0.70% while stock markets declined. The institutional investor held 152,949 shares of the company at the end of 2018Q3, valued at $1.95 million, up from 127,605 at the end of the previous reported quarter. Tortoise Investment Management Llc who had been investing in Nuveen Ny Select Tax Free Pr for a number of months, seems to be bullish on the $51.60 million market cap company. It closed at $13.15 lastly. It is down 5.84% since February 11, 2018 and is downtrending. It has underperformed by 5.84% the S&P500.

Kayne Anderson Capital Advisors Lp decreased its stake in Enterprise Prods Partners L (EPD) by 0.1% based on its latest 2018Q3 regulatory filing with the SEC. Kayne Anderson Capital Advisors Lp sold 30,865 shares as the company’s stock declined 10.65% with the market. The hedge fund held 30.34 million shares of the natural gas distribution company at the end of 2018Q3, valued at $871.75 million, down from 30.37 million at the end of the previous reported quarter. Kayne Anderson Capital Advisors Lp who had been investing in Enterprise Prods Partners L for a number of months, seems to be less bullish one the $60.50B market cap company. The stock increased 0.67% or $0.19 during the last trading session, reaching $27.74. About 2.30 million shares traded. Enterprise Products Partners L.P. (NYSE:EPD) has risen 5.97% since February 11, 2018 and is uptrending. It has outperformed by 5.97% the S&P500.

Kayne Anderson Capital Advisors Lp, which manages about $18.02B and $7.98 billion US Long portfolio, upped its stake in Global Partners Lp (NYSE:GLP) by 35,600 shares to 2.41 million shares, valued at $43.94M in 2018Q3, according to the filing. It also increased its holding in Phillips 66 Partners Lp (NYSE:PSXP) by 124,310 shares in the quarter, for a total of 2.42 million shares, and has risen its stake in Western Gas Equity Partners (NYSE:WGP).

Since November 5, 2018, it had 4 insider purchases, and 1 insider sale for $328,225 activity. TEAGUE AJ had bought 10,000 shares worth $246,100 on Thursday, December 20. 25,000 shares were sold by HACKETT JAMES T, worth $673,375. $261,900 worth of Enterprise Products Partners L.P. (NYSE:EPD) shares were bought by FOWLER W RANDALL.

Among 29 analysts covering Enterprise Products Partners LP (NYSE:EPD), 28 have Buy rating, 0 Sell and 1 Hold. Therefore 97% are positive. Enterprise Products Partners LP had 74 analyst reports since July 23, 2015 according to SRatingsIntel. Vetr downgraded Enterprise Products Partners L.P. (NYSE:EPD) rating on Monday, August 31. Vetr has “Strong-Buy” rating and $31.26 target. The stock has “Overweight” rating by Piper Jaffray on Friday, April 1. The stock of Enterprise Products Partners L.P. (NYSE:EPD) earned “Buy” rating by Mizuho on Friday, October 13. BMO Capital Markets maintained the stock with “Buy” rating in Tuesday, August 15 report. On Wednesday, November 16 the stock rating was initiated by Ladenburg Thalmann with “Buy”. Deutsche Bank maintained Enterprise Products Partners L.P. (NYSE:EPD) rating on Monday, October 10. Deutsche Bank has “Buy” rating and $32 target. The stock has “Outperform” rating by Wells Fargo on Monday, October 8. The rating was maintained by Stifel Nicolaus with “Buy” on Thursday, August 10. The rating was maintained by Deutsche Bank with “Buy” on Wednesday, November 18. Morgan Stanley upgraded the shares of EPD in report on Thursday, June 15 to “Overweight” rating.

More notable recent Enterprise Products Partners L.P. (NYSE:EPD) news were published by: Seekingalpha.com which released: “Enterprise Products Partners: Perfect For A Retirement Portfolio – Seeking Alpha” on November 13, 2018, also Fool.com with their article: “Better Buy: Magellan Midstream Partners LP (MMP) vs. Enterprise Products Partners (EPD) – The Motley Fool” published on September 14, 2018, Seekingalpha.com published: “Way To Go, Enterprise Products Partners – Seeking Alpha” on May 02, 2018. More interesting news about Enterprise Products Partners L.P. (NYSE:EPD) were released by: Seekingalpha.com and their article: “Enterprise Products Partners (EPD) Presents At Barclays CEO Energy-Power Conference – Slideshow – Seeking Alpha” published on September 06, 2018 as well as Seekingalpha.com‘s news article titled: “Enterprise Products Partners declares $0.4325 dividend – Seeking Alpha” with publication date: October 04, 2018.

Investors sentiment decreased to 0.89 in 2018 Q3. Its down 0.12, from 1.01 in 2018Q2. It worsened, as 40 investors sold EPD shares while 264 reduced holdings. 66 funds opened positions while 206 raised stakes. 754.87 million shares or 0.52% more from 750.99 million shares in 2018Q2 were reported. 1,350 are held by Cwm Llc. Gofen Glossberg Ltd Liability Corp Il holds 0.07% in Enterprise Products Partners L.P. (NYSE:EPD) or 72,239 shares. Linscomb Williams holds 162,569 shares or 0.38% of its portfolio. Noesis Cap Mangement stated it has 16,659 shares. Tocqueville Asset Mngmt Limited Partnership holds 0.01% or 17,111 shares. Baystate Wealth Mngmt Ltd Com holds 0.02% or 3,377 shares in its portfolio. Cannell Peter B reported 31,875 shares or 0.03% of all its holdings. Blume Capital Mngmt Inc owns 26,525 shares for 0.4% of their portfolio. Dumont Blake Advsr Ltd reported 0.11% stake. Ent Fincl Ser stated it has 8,728 shares or 0.13% of all its holdings. Bbr Prtnrs Ltd Limited Liability Company holds 0.05% or 12,800 shares. Paragon Mngmt reported 0.45% stake. Reaves W H & stated it has 1.55% of its portfolio in Enterprise Products Partners L.P. (NYSE:EPD). Macquarie Ltd owns 0.02% invested in Enterprise Products Partners L.P. (NYSE:EPD) for 728,050 shares. Sequoia Fincl Advisors Limited Liability reported 39,871 shares or 0.11% of all its holdings.

Tortoise Investment Management Llc, which manages about $469.58M and $380.60M US Long portfolio, decreased its stake in Nuveen New York Amt Qlt Muni (NRK) by 41,315 shares to 147,752 shares, valued at $1.76M in 2018Q3, according to the filing. It also reduced its holding in Nuveen New York Qlt Mun Inc (NAN) by 53,112 shares in the quarter, leaving it with 377,252 shares, and cut its stake in Intuitive Surgical Inc (NASDAQ:ISRG).

Investors sentiment decreased to 1 in 2018 Q3. Its down 0.67, from 1.67 in 2018Q2. It dropped, as 1 investors sold NXN shares while 3 reduced holdings. 3 funds opened positions while 1 raised stakes. 100,123 shares or 54.60% less from 220,514 shares in 2018Q2 were reported. Citigroup invested in 1,200 shares or 0% of the stock. Landscape Capital Limited Liability Corporation invested 0.02% of its portfolio in Nuveen New York Select Tax-Free Income Portfolio (NYSE:NXN). Wells Fargo & Mn owns 1,651 shares. Financial Bank Of America Corp De holds 0% of its portfolio in Nuveen New York Select Tax-Free Income Portfolio (NYSE:NXN) for 3,200 shares. Royal Financial Bank Of Canada reported 0% of its portfolio in Nuveen New York Select Tax-Free Income Portfolio (NYSE:NXN). Morgan Stanley accumulated 36,846 shares. Next Financial Grp Inc invested 0.04% of its portfolio in Nuveen New York Select Tax-Free Income Portfolio (NYSE:NXN).

Enterprise Products Partners L.P. (NYSE:EPD) Institutional Positions Chart