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Beach Investment Counsel Lifted By $1.59 Million Its Energy Transfer Equity LP (ETE) Holding; Last Week Teekay Offshore Partners L.P. (TOO) Analysts

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Beach Investment Counsel Inc increased Energy Transfer Equity Lp (ETE) stake by 12.82% reported in 2017Q4 SEC filing. Beach Investment Counsel Inc acquired 93,259 shares as Energy Transfer Equity Lp (ETE)’s stock declined 15.73%. The Beach Investment Counsel Inc holds 820,937 shares with $14.17 million value, up from 727,678 last quarter. Energy Transfer Equity Lp now has $18.22 billion valuation. The stock decreased 0.41% or $0.07 during the last trading session, reaching $16.85. About 723,606 shares traded. Energy Transfer Equity, L.P. (NYSE:ETE) has declined 22.45% since May 21, 2017 and is downtrending. It has underperformed by 34.00% the S&P500.

Among 9 analysts covering Teekay Offshore (NYSE:TOO), 5 have Buy rating, 1 Sell and 3 Hold. Therefore 56% are positive. Teekay Offshore had 17 analyst reports since August 4, 2015 according to SRatingsIntel. The rating was maintained by RBC Capital Markets on Thursday, December 17 with “Sector Perform”. Morgan Stanley initiated the shares of TOO in report on Tuesday, April 19 with “Equal-Weight” rating. The stock has “Sector Perform” rating by RBC Capital Markets on Thursday, August 13. The rating was downgraded by Raymond James to “Market Perform” on Friday, July 28. The firm has “Neutral” rating given on Friday, August 7 by Citigroup. Global Hunter Securities upgraded it to “Accumulate” rating and $23 target in Tuesday, August 4 report. The stock of Teekay Offshore Partners L.P. (NYSE:TOO) earned “Underperform” rating by Bank of America on Thursday, December 17. The rating was upgraded by Morgan Stanley on Monday, February 12 to “Equal-Weight”. The rating was upgraded by Wells Fargo to “Outperform” on Thursday, September 14. The firm has “Buy” rating given on Monday, June 20 by UBS. See Teekay Offshore Partners L.P. (NYSE:TOO) latest ratings:

12/02/2018 Broker: Morgan Stanley Old Rating: Underweight New Rating: Equal-Weight Upgrade

More notable recent Teekay Offshore Partners L.P. (NYSE:TOO) news were published by: Globenewswire.com which released: “Teekay Offshore Partners Reports First Quarter 2018 Results” on May 17, 2018, also Seekingalpha.com with their article: “Teekay Offshore Partners’ (TOO) CEO Ingvild Sæther on Q1 2018 Results – Earnings Call Transcript” published on May 17, 2018, Globenewswire.com published: “Teekay Offshore Partners Announces Management Change” on May 03, 2018. More interesting news about Teekay Offshore Partners L.P. (NYSE:TOO) were released by: Globenewswire.com and their article: “Teekay Group Announces First Quarter 2018 Earnings Results Conference Calls” published on May 08, 2018 as well as Benzinga.com‘s news article titled: “Earnings Scheduled For May 17, 2018” with publication date: May 17, 2018.

Teekay Offshore Partners L.P. provides marine transportation, oil production, storage, long-distance towing, offshore installation and maintenance, and safety services to the energy and oil service companies in the North Sea, Brazil, and the East Coast of Canada. The company has market cap of $1.09 billion. The firm operates through six divisions: Floating Production, Storage and Offloading ; Shuttle Tanker; Floating Storage and Off-Take (FSO); Units for Maintenance and Safety (UMS); Towage; and Conventional Tanker. It currently has negative earnings. As of December 31, 2016, its fleet consisted of 31 shuttle tankers, 6 FPSO units, 7 FSO units, 7 long-distance towing and offshore installation vessels, 1 UMS, and 2 chartered-in conventional oil tankers.

Investors sentiment decreased to 0.79 in 2017 Q4. Its down 0.11, from 0.9 in 2017Q3. It dived, as 14 investors sold Teekay Offshore Partners L.P. shares while 20 reduced holdings. 15 funds opened positions while 12 raised stakes. 73.81 million shares or 3.75% more from 71.14 million shares in 2017Q3 were reported. Magnetar Financial Lc accumulated 12.54M shares. 19,201 were reported by Gsa Capital Prtnrs Ltd Liability Partnership. Invesco Limited holds 0% in Teekay Offshore Partners L.P. (NYSE:TOO) or 386,971 shares. Arrow Ltd reported 278,480 shares stake. Parallax Volatility Advisers Limited Partnership invested in 0% or 149,455 shares. Obermeyer Wood Inv Counsel Lllp owns 10,964 shares. Reilly Finance Advisors Lc reported 250 shares stake. Millennium Management Ltd Co reported 0% in Teekay Offshore Partners L.P. (NYSE:TOO). Group One Trading L P reported 118,321 shares. Stratos Wealth Prns Ltd owns 17,925 shares. Endurance Wealth Incorporated stated it has 9,100 shares. Northern owns 0% invested in Teekay Offshore Partners L.P. (NYSE:TOO) for 54,396 shares. Ent Fincl Serv holds 0% or 1,200 shares in its portfolio. Advisory Rech reported 13,795 shares or 0% of all its holdings. Deutsche Bancshares Ag reported 18,841 shares or 0% of all its holdings.

The stock decreased 4.60% or $0.125 during the last trading session, reaching $2.595. About 191,470 shares traded. Teekay Offshore Partners L.P. (NYSE:TOO) has declined 51.56% since May 21, 2017 and is downtrending. It has underperformed by 63.11% the S&P500.

More important recent Energy Transfer Equity, L.P. (NYSE:ETE) news were published by: Streetinsider.com which released: “Energy Transfer Equity (ETE) Says Delaware Court Ruled in Favor of Convertible Preferred Units Issuance” on May 17, 2018, also Seekingalpha.com published article titled: “Energy Transfer Ups Permian Bet”, Seekingalpha.com published: “Highlights from Appaloosa’s Q1” on May 15, 2018. More interesting news about Energy Transfer Equity, L.P. (NYSE:ETE) was released by: Investorplace.com and their article: “5 MLPs That Should Crush the Market in 2018” with publication date: May 17, 2018.

Investors sentiment decreased to 0.76 in 2017 Q4. Its down 0.12, from 0.88 in 2017Q3. It dropped, as 28 investors sold ETE shares while 111 reduced holdings. 38 funds opened positions while 67 raised stakes. 492.05 million shares or 6.77% less from 527.77 million shares in 2017Q3 were reported. New England Private Wealth Advsr Ltd Liability Corporation, Massachusetts-based fund reported 16,000 shares. Blackstone Grp LP has invested 3.16% in Energy Transfer Equity, L.P. (NYSE:ETE). First Bancorporation Of Omaha holds 0.03% of its portfolio in Energy Transfer Equity, L.P. (NYSE:ETE) for 33,800 shares. Cullen Frost Bankers Incorporated owns 61,978 shares for 0.03% of their portfolio. Private Tru Na reported 0.04% stake. Raymond James Trust Na accumulated 18,892 shares. Wealthtrust invested in 0% or 123 shares. Beach Investment Counsel Pa reported 1.38% stake. Finance Architects holds 2,900 shares or 0.01% of its portfolio. Homrich Berg invested in 15,425 shares. Fort Washington Advsrs Oh stated it has 0.16% in Energy Transfer Equity, L.P. (NYSE:ETE). Riverpoint Cap Management Llc stated it has 0.03% in Energy Transfer Equity, L.P. (NYSE:ETE). Clinton Grp reported 0.13% in Energy Transfer Equity, L.P. (NYSE:ETE). State Street Corp holds 0% or 102,426 shares. Center Coast Capital Advisors Lp stated it has 0% in Energy Transfer Equity, L.P. (NYSE:ETE).

Energy Transfer Equity, L.P. (NYSE:ETE) Institutional Positions Chart

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