Osborn Rohs Williams & Donohoe continued to hold its position in Energy Transfer Equity LP (NYSE:ETE) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 29,500 shares of the company’s stock at the end of the fourth quarter. Osborn Rohs Williams & Donohoe’s holdings in Energy Transfer Equity were worth $405,000 as of its most recent SEC filing.

Separately, Jennison Associates increased its position in shares of Energy Transfer Equity by 1.5% in the third quarter. Jennison Associates now owns 2,919,822 shares of the company’s stock worth $60,761,000 after buying an additional 44,100 shares in the last quarter.

Energy Transfer Equity LP (NYSE:ETE) traded down 0.79% during midday trading on Thursday, hitting $8.78. 26,158,861 shares of the stock were exchanged. Energy Transfer Equity LP has a 12 month low of $6.60 and a 12 month high of $35.44. The firm’s 50 day moving average price is $11.24 and its 200 day moving average price is $21.25. The company has a market cap of $9.24 billion and a PE ratio of 10.20.

Energy Transfer Equity (NYSE:ETE) last released its quarterly earnings results on Wednesday, November 4th. The company reported $0.28 EPS for the quarter, topping analysts’ consensus estimates of $0.26 by $0.02. The firm had revenue of $10.62 billion for the quarter, compared to analysts’ expectations of $12.45 billion. During the same period in the prior year, the firm posted $0.35 earnings per share. Energy Transfer Equity’s revenue for the quarter was down 29.2% on a year-over-year basis. On average, equities research analysts forecast that Energy Transfer Equity LP will post $1.16 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 19th. Shareholders of record on Monday, February 8th will be given a $0.285 dividend. This represents a $1.14 annualized dividend and a yield of 12.98%.

ETE has been the subject of a number of analyst reports. Zacks Investment Research downgraded shares of Energy Transfer Equity from a “buy” rating to a “strong sell” rating in a research note on Wednesday, January 6th. Jefferies Group initiated coverage on shares of Energy Transfer Equity in a research note on Friday, December 18th. They set a “buy” rating and a $23.00 target price for the company. Evercore ISI initiated coverage on shares of Energy Transfer Equity in a research note on Monday, October 26th. They set a “buy” rating and a $29.00 target price for the company. Finally, TheStreet downgraded shares of Energy Transfer Equity from a “buy” rating to a “hold” rating in a research note on Friday, November 6th. One research analyst has rated the stock with a sell rating, one has given a hold rating, five have given a buy rating and two have issued a strong buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $35.38.

In related news, Director Kelcy L. Warren acquired 2,485,000 shares of the stock in a transaction on Wednesday, December 9th. The stock was bought at an average cost of $16.62 per share, with a total value of $41,300,700.00. Following the transaction, the director now directly owns 25,848,220 shares in the company, valued at $429,597,416.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Marshall S. Mccrea III sold 485,000 shares of the business’s stock in a transaction dated Friday, December 4th. The shares were sold at an average price of $18.89, for a total transaction of $9,161,650.00. Following the completion of the sale, the chief operating officer now directly owns 2,347,200 shares of the company’s stock, valued at $44,338,608. The disclosure for this sale can be found here.

Energy Transfer Equity, L.P. (NYSE:ETE) is a limited partnership company. The Company, directly and indirectly, owns equity interests in Energy Transfer Partners, L.P. (ETP) and Regency Energy Partners LP (Regency), both of which are master limited partnerships engaged in diversified energy-related services. Its segments include Investment in ETP, including the consolidated operations of ETP and Regency; Investment in Lake Charles LNG, including the operations of Lake Charles LNG Company, LLC (Lake Charles LNG), and Corporate and Other, including the activities of ETE. The Company’s Lake Charles LNG provides terminal services for shippers by receiving liquefied natural gas (LNG) at the facility for storage and delivering such liquefied natural gas (LNG) to shippers. It, through ETP, operates various brands, such as Sunoco, Stripes, Aplus, Aloha Island Mart, Exxon, Mobil, Valero, Shell and Chevron. In March 2015, ETE transferred its 45% interest in the Bakken Pipeline project to ETP.

12 Month Chart for NYSE:ETE

Frustrated with your broker? Are you tired of paying high fees? Do you feel like you are getting ripped off by your stock broker? It's time for a change. Find out which brokerage is best for your personal trading style at the InvestorPlace Broker Center. Compare brokers at a glance in the InvestorPlace Broker Center (Click Here).

Receive News & Ratings for Energy Transfer Equity LP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Energy Transfer Equity LP and related companies with MarketBeat.com's FREE daily email newsletter.