On May, 9 Analysts See $0.84 EPS for Spectra Energy Partners, LP (SEP)

April 17, 2018 - By Sheila Anderson

Spectra Energy Partners, LP (NYSE:SEP) Corporate Logo
Big Money Sentiment decreased to 0.82 in 2017 Q4. It has change of 0.31, from 2017Q3’s 1.13. The ratio dropped due to Spectra Energy Partners, LP positioning: 22 sold and 74 reduced. 24 funds bought stakes and 55 increased stakes. Investors holded 62.25 million in 2017Q3 but now own 66.54 million shares or 6.90% more.
Hamlin Lc accumulated 1.52M shs or 2.31% of the stock. Delta Asset Mgmt Llc Tn owns 1,000 shs. Cibc Asset Management invested in 0% or 10,380 shs. Envestnet Asset Mgmt Incorporated invested 0% in Spectra Energy Partners, LP (NYSE:SEP). Kistler accumulated 0.01% or 896 shs. Rockefeller Serv has invested 0% in Spectra Energy Partners, LP (NYSE:SEP). Atlantic Tru Limited Co reported 49,023 shs. Amg Funds accumulated 39,110 shs. American Insurance Tx stated it has 0.04% in Spectra Energy Partners, LP (NYSE:SEP). Riverpoint Capital Ltd has invested 0.05% in Spectra Energy Partners, LP (NYSE:SEP). Btr Capital has 8,100 shs. Tower Bridge Advsr holds 27,576 shs. Illinois-based Botty Investors Limited Liability Corp has invested 0.18% in Spectra Energy Partners, LP (NYSE:SEP). Midas Mgmt Corp holds 0.41% or 26,400 shs. Homrich And Berg holds 36,806 shs.

Earnings report for Spectra Energy Partners, LP (NYSE:SEP) is expected On May, 9., Faxor reports. Analysts predict $0.84 EPS. That’s $0.05 down or 5.62 % from 2017’s earnings of $0.89. If $0.84 is reported, SEP’s profit will be $412.69 million for 10.36 P/E. Analysts at Wall Street see Spectra Energy Partners, LP’s 2.44 % EPS growth compared to $0.82 EPS for last quarter. Its shares touched $34.82 on during the last trading session after 3.32% change.Spectra Energy Partners, LP has 747,318 shares volume, 14.15% up from normal. SEP is downtrending and has moved 22.60% since April 17, 2017. SEP underperformed by 34.15% the S&P500.

Spectra Energy Partners, LP (NYSE:SEP) Ratings Coverage

In total 15 analysts cover Spectra Energy Partners (NYSE:SEP). “Buy” rating has 4, “Sell” are 2, while 9 are “Hold”. 27% are bullish. 27 are the (NYSE:SEP)’s analyst reports since October 17, 2017 according to StockzIntelligence Inc. On Wednesday, December 13 the firm has “Buy” rating given by RBC Capital Markets. On Friday, April 13 J.P. Morgan downgraded Spectra Energy Partners, LP (NYSE:SEP) to “Hold” rating. On Tuesday, January 16 the rating was maintained by RBC Capital Markets with “Buy”. On Wednesday, November 29 the firm has “Buy” rating by Stifel Nicolaus given. On Friday, March 23 the firm earned “Underweight” rating by Morgan Stanley. On Wednesday, December 20 the firm has “Equal-Weight” rating by Barclays Capital given. On Wednesday, March 28 the stock of Spectra Energy Partners, LP (NYSE:SEP) earned “Neutral” rating by Citigroup. In Wednesday, December 20 report Jefferies maintained the stock with “Buy” rating. On Thursday, February 22 the company was maintained by Stifel Nicolaus. The company rating was downgraded by Wells Fargo on Thursday, January 11.

Spectra Energy Partners, LP operates as an investment arm of Spectra Energy Corp.The firm is worth $17.11 billion. Spectra Energy Partners, LP, through its subsidiaries, engages in the transportation of natural gas through interstate pipeline systems, and the storage of natural gas in underground facilities in the United States.The P/E ratio is 44.99. As of December 31, 2007, it owned and operated 100% of the approximately 1,400-mile East Tennessee interstate natural gas transportation system that extends from central Tennessee eastward into southwest Virginia and northern North Carolina, and southward into northern Georgia; and a liquefied natural gas storage facility in Kingsport, Tennessee with working gas storage capacity of approximately 1.1 billion cubic feet and re-gasification capability of 150 million cubic feet per day.

Spectra Energy Partners, LP (NYSE:SEP) Institutional Investors Chart

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