December 30, 2017 – By Louis Casey
Investor confidence decreased to 1.13 in 3Q of 2017. Its decline is 0.15, from 1.28 in 2017Q2. It got worse, as 19 investors sold SEP shares while 66 investors reduced their holdings. 19 funds opened positions, while 77 increased positions. 62.25 million shares or 3.77% more than 59.98 million shares in 2017Q2. Citigroup owns 0% of its portfolio in Spectra Energy Partners, LP (NYSE: SEP) for 81,514 shares. In addition, Curbstone Corp has 0.15% invested in Spectra Energy Partners, LP (NYSE: SEP). Baystate Wealth Management Limited Liability Company owns 0% or 135 shares. Oxbow Advisors invested in 47,423 shares or 0.4% of the shares. Tower Research Limited Com (Trc) reported 0% in Spectra Energy Partners, LP (NYSE: SEP). Cwm Limited Liability Corp has 342 shares for 0% of its portfolio. Glenmede Trust Na said it has 0.01% of its portfolio in Spectra Energy Partners, LP (NYSE: SEP). Oppenheimer and reported 18,355 participation shares. Jnba Advisors owns 0.01% or 1,350 shares. Center Coast Cap Advsrs Ltd Partnership has invested 5.02% in Spectra Energy Partners, LP (NYSE: SEP). Envestnet Asset Mngmt Incorporated owns 0% or 9,800 shares in its portfolio. Citadel Advsrs Limited Company reported 24,665 shares. Magnetar Fincl Limited Liability Corp accumulated 1.54 million shares. Amg Funds Lc, based in Connecticut, invested 0.97% in Spectra Energy Partners, LP (NYSE: SEP). First Heartland Consultants invested 0.22% in Spectra Energy Partners, LP (NYSE: SEP).
Energy Income Partners Llc decreased its stake in Spectra Energy Partners Lp (SEP) by 3.91% based on its latest regulatory filing of 2017Q3 with the SEC. Energy Income Partners Llc sold 249,439 shares, as the company shares fell 4.02%, while stock exchanges recovered. The hedge fund held 6.13 million shares of the public utility company at the end of 2017Q3, valued at $ 272.07 million, below the 6.38 million at the end of the previous reported quarter. Energy Income Partners Llc, which had been investing in Spectra Energy Partners Lp for several months, appears to be less bullish, one of the companies with a market capital of $ 12.55 billion. The stock declined 3.87% or $ 1.59 during the last trading session, reaching $ 39.54. Around 1.06 million shares traded or 123.62% more than the average. Spectra Energy Partners, LP (NYSE: SEP) has declined by 3.32% since December 30, 2016 and shows a downward trend. It has had a performance lower in 20.02% to the S & P500.
Energy Income Partners Llc, which handles about $ 4.12 trillion and $ 5.43 trillion in US portfolio, increased its stake in Kinder Morgan Inc Del (NYSE: KMI) by 3.25 million shares to 10, 27 million, valued at $ 196.97M in 2017Q3, according to the presentation. It also increased its stake in Nextera Energy Inc (NYSE: NEE) by 90,046 shares in the quarter, for a total of 760,462 shares, and has increased its stake in Exelon Corp (NYSE: EXC).
Analysts expect Spectra Energy Partners, LP (NYSE: SEP) to report earnings on February 16. They expect $ 0.88 EPS, up to 8.64% or $ 0.07 last year $ 0.81 per share. The SEP gain will be $ 279.25M for 11.23 P / E if EPS of $ 0.88 becomes reality. After $ 1.41 reais reported by Spectra Energy Partners, LP for the previous quarter, Wall Street now forecasts -37.59% negative EPS growth.
The latest news from Spectra Energy Partners, LP (NYSE: SEP) was published by: Nasdaq.com which published: "First week of February 2018 Trading options for Spectra Energy Partners LP (SEP)" On November 28, 2017, Nasdaq.com also published an article entitled: "Spectra Energy Partners (SEP) Soars: Stock adds 5.4% in the session", Moodys.com published: "Moody's affirms the Spectra Energy Capital's Baa2 rating "on December 21, 2017. More interesting news about Spectra Energy Partners, LP (NYSE: SEP) was launched by: Seekingalpha.com and its article:" Spectra Energy Partners -2% when Barclays downgrade "as of publication: December 20, 2017.
Spectra Energy Partners, LP (NYSE): SEP) Rating Coverage
Among the 18 badysts covering Spectra Energy Partners LP (NYSE: SEP), 10 have Buy, 2 Sell and 6 Hold rating. Therefore, 56% is positive. Spectra Energy Partners LP has a higher target of $ 61 and $ 41.0 lower. The average goal of $ 49.67 is 25.62% above the current $ 39.54 share price. Spectra Energy Partners LP had 45 badyst reports from July 23, 2015 in accordance with SRatingsIntel. The company was maintained on Monday, June 5 by RBC Capital Markets. According to Friday, January 15, the company's rating was updated by RBC Capital Markets. According to Monday, August 14, the rating of the company was maintained by Stifel Nicolaus. The rating was maintained by Jefferies on Thursday, September 7 with "Buy". On Thursday, September 14, Stifel Nicolaus maintained the rating of the shares with "Buy". The shares of Spectra Energy Partners, LP (NYSE: SEP) obtained a "Buy" rating from Jefferies on Wednesday, December 20. On Wednesday, November 29, Stifel Nicolaus maintained the rating of the shares with "Buy". JP Morgan restarted the actions of SEP in a report on Friday, June 23 with a rating of "Overweight". Simmons & Co lowered the rating of the SEP shares in the report on Wednesday, September 7 to the rating "Neutral". The firm obtained a rating of "Outperform" on Friday, January 15, by Wells Fargo.
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