$0.85 EPS Expected for Spectra Energy Partners, LP (SEP)

October 13, 2017 - By Vivian Park

 $0.85 EPS Expected for Spectra Energy Partners, LP (SEP)
Investors sentiment decreased to 1.28 in Q2 2017. Its down 0.01, from 1.29 in 2017Q1. It dived, as 15 investors sold Spectra Energy Partners, LP shares while 64 reduced holdings. 30 funds opened positions while 71 raised stakes. 59.98 million shares or 0.52% less from 60.30 million shares in 2017Q1 were reported.
Center Coast Cap Limited Partnership holds 4.47M shares or 4.88% of its portfolio. Entrustpermal Management Ltd Liability reported 1.39% stake. Amg Funds Ltd Liability Corporation reported 41,483 shares or 0.98% of all its holdings. First Republic Inv Mngmt invested 0.02% of its portfolio in Spectra Energy Partners, LP (NYSE:SEP). Payden Rygel holds 0.92% or 244,200 shares in its portfolio. Wells Fargo & Com Mn reported 507,916 shares. Virtu Limited Liability Corp reported 43,797 shares. Northwestern Mutual Wealth Mgmt accumulated 3,030 shares. Texas Yale Cap Corporation reported 387,640 shares. Kayne Anderson Capital Advsr Ltd Partnership has 3.74 million shares. Energ Income Ptnrs Ltd Liability Com holds 6.38M shares or 5.18% of its portfolio. Sg Americas Ltd holds 0.03% of its portfolio in Spectra Energy Partners, LP (NYSE:SEP) for 66,046 shares. Silvercrest Asset Management Group Lc has invested 0.11% in Spectra Energy Partners, LP (NYSE:SEP). Tiedemann Wealth Ltd Liability Corp accumulated 354,454 shares. Highstreet Asset Management Inc invested in 178 shares.

Analysts await Spectra Energy Partners, LP (NYSE:SEP) to report earnings on November, 1. They expect $0.85 EPS, up 11.84 % or $0.09 from last year’s $0.76 per share. SEP’s profit will be $269.19 million for 13.14 P/E if the $0.85 EPS becomes a reality. After $0.84 actual EPS reported by Spectra Energy Partners, LP for the previous quarter, Wall Street now forecasts 1.19 % EPS growth. The stock decreased 0.53% or $0.24 during the last trading session, reaching $44.68. About 225,822 shares traded. Spectra Energy Partners, LP (NYSE:SEP) has declined 3.32% since October 14, 2016 and is downtrending. It has underperformed by 20.02% the S&P500.

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

Among 16 analysts covering Spectra Energy Partners LP (NYSE:SEP), 10 have Buy rating, 0 Sell and 6 Hold. Therefore 63% are positive. Spectra Energy Partners LP had 34 analyst reports since July 23, 2015 according to SRatingsIntel. The stock of Spectra Energy Partners, LP (NYSE:SEP) has “Buy” rating given on Thursday, August 3 by RBC Capital Markets. On Friday, January 15 the stock rating was upgraded by RBC Capital Markets to “Outperform”. As per Monday, January 11, the company rating was upgraded by Barclays Capital. The firm has “Neutral” rating by Piper Jaffray given on Wednesday, September 7. The stock of Spectra Energy Partners, LP (NYSE:SEP) has “Buy” rating given on Tuesday, May 31 by Stifel Nicolaus. As per Friday, May 27, the company rating was maintained by JP Morgan. The stock has “Neutral” rating by Mitsubishi UFJ on Friday, July 22. Wells Fargo upgraded the shares of SEP in report on Monday, January 18 to “Outperform” rating. Credit Suisse maintained Spectra Energy Partners, LP (NYSE:SEP) on Monday, February 8 with “Outperform” rating. The rating was upgraded by JP Morgan on Thursday, August 13 to “Overweight”.

Spectra Energy Partners, L.P. through its subsidiaries and equity affiliates, is engaged in the transmission, storage and gathering of natural gas, the transportation and storage of crude oil, and the transportation of natural gas liquids. The company has market cap of $14.15 billion. The Company’s divisions include U.S. It has a 15.78 P/E ratio. Transmission, Liquids and Other.

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