Oz Management Lp Position in Energy Transfer Equity L P (NYSE:ETE) Lowered by $28.18 Million

May 17, 2018 - By Alex Paulin

Big Money Sentiment decreased to 0.76 in Q4 2017. It has change of 0.12, from 2017Q3’s 0.88. The ratio worsened due to ETE positioning: 28 sold and 111 reduced. 38 funds bought positions and 67 increased positions. Investors holded 527.77 million in 2017Q3 but now own 492.05 million shares or 6.77% less. 16,000 were accumulated by New England Private Wealth Advsrs. Silvercrest Asset Management Ltd Limited Liability Company accumulated 27,654 shs or 0% of the stock. Cullen Frost Bankers Incorporated invested in 61,978 shs. Alliancebernstein Limited Partnership holds 0% of its capital in Energy Transfer Equity, L.P. (NYSE:ETE) for 132,334 shs. Shamrock Asset Llc, Texas-based fund reported 3,500 shs. Barclays Public Ltd Co owns 7.45 million shs for 0.1% of their capital. Salient Advsrs Llc invested in 5.96% or 15.64M shs. Lpl Limited Liability Com reported 60,314 shs. Evergreen Capital Ltd holds 0.13% or 76,175 shs in its capital. Princeton Port Strategies Ltd Llc owns 0.6% invested in Energy Transfer Equity, L.P. (NYSE:ETE) for 127,317 shs. Catalyst Advsr Ltd Llc invested 0.26% of its capital in Energy Transfer Equity, L.P. (NYSE:ETE). Sentinel Lba has invested 0.08% in Energy Transfer Equity, L.P. (NYSE:ETE). Burt Wealth Advisors holds 1,520 shs. State Bank Of America De owns 0.07% invested in Energy Transfer Equity, L.P. (NYSE:ETE) for 25.24 million shs. 195,983 are held by Us National Bank & Trust De.

According to 2018Q1 Securities and Exchange filling the Daniel S. Och reduced its holdings in Energy Transfer Equity L P (NYSE:ETE) by 52.04%. The company’s stock Sank 15.73% while Oz Management Lp sold 2.01M shares. The hedge fund run by Daniel S. Och is holding 1.86M shares, compared to the 3.87 million from the previous quarter. And the reported value of the public utilities company is $26.36 million for the 2018Q1. $18.05B is the MC of Energy Transfer Equity L P. Ticker’s shares touched $16.69 during the last trading session after 1.03% change.Energy Transfer Equity, L.P. has volume of 2.66 million shares. Since May 17, 2017 ETE has declined 22.45% and is downtrending. ETE underperformed the S&P 500 by 34.00%.

Oz Management Lp increased its stake in Verisign Inc (Prn) () by 8.17 million shares to 37.06M shares, valued at $127.80M in 2018Q1, according to the filing. It operates about $56.28B and $17.35 billion US Long portfolio. For a total of 3.51M shares it increased its holding in Aetna Inc New (NYSE:AET) by 66,302 shares in the quarter, and has risen its stake in Hd Supply Hldgs Inc (NASDAQ:HDS).

Among the biggest hedge funds company worldwide, Och-Ziff Capital Management was founded by Daniel S. Och in 1994. The company makes use of many different strategies and has an approach which is multi-geography. Its offices are located in Mumbai, Hong Kong, London, Beijing and New York. Oz Management Lp is a New York-based hedge fund that was founded by Daniel S. Och. It had more than $56.28 billion assets under management in December, 2014. Oz Management Lp is the 84th largest hedge fund in our database. Taken from Oz Management latest Adv, the fund reported to have 546 full and part-time employees. Among which 149 performing investment advisory and research functions. The hedge fund had between 26-100 clients.

Energy Transfer Equity, L.P. (NYSE:ETE) Ratings Coverage

A total of 5 analysts rate Energy Transfer Equity (NYSE:ETE) as follows: 4 “Buy”, 1 “Hold” and 0 “Sell”. Тherefore 80% are bullish. (NYSE:ETE) has 6 ratings reports on May 17, 2018 according to StockzIntelligence. On Tuesday, February 27 the company was maintained by Robert W. Baird. On Friday, April 6 the company was maintained by Robert W. Baird. The stock rating was maintained by RBC Capital Markets with “Buy” on Tuesday, January 16. On Tuesday, March 27 the firm has “Neutral” rating given by Bank of America. On Wednesday, April 11 the stock of Energy Transfer Equity, L.P. (NYSE:ETE) has “Buy” rating given by Mizuho.

Energy Transfer Equity, L.P. provides diversified energy-related services in the United States.The firm is valued at $18.05 billion. It owns and operates approximately 7,900 miles of natural gas transportation pipelines and three natural gas storage facilities in Texas; and approximately 11,800 miles of interstate natural gas pipelines.20.18 is the P/E ratio. The firm sells natural gas to electric utilities, independent power plants, local distribution companies, industrial end-users, and other marketing companies.

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

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