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%.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin