Wellington Shields & Company Has Boosted Flowers Foods (FLO) Position By $137.31 Million; 13 Analysts Covering Energy Transfer Equity, L.P. (ETE)

June 11, 2018 - By Richard Conner

Flowers Foods, Inc. (NYSE:FLO) Logo

Among 16 analysts covering Energy Transfer Equity LP (NYSE:ETE), 13 have Buy rating, 0 Sell and 3 Hold. Therefore 81% are positive. Energy Transfer Equity LP had 42 analyst reports since October 27, 2015 according to SRatingsIntel. The stock of Energy Transfer Equity, L.P. (NYSE:ETE) earned “Hold” rating by BMO Capital Markets on Monday, November 13. The company was downgraded on Monday, January 9 by Bernstein. Morgan Stanley maintained the stock with “Buy” rating in Wednesday, August 30 report. The company was upgraded on Wednesday, May 10 by Bernstein. On Thursday, May 17 the stock rating was upgraded by Bank of America to “Buy”. Raymond James upgraded Energy Transfer Equity, L.P. (NYSE:ETE) on Thursday, January 12 to “Outperform” rating. The rating was maintained by Jefferies with “Buy” on Wednesday, June 8. RBC Capital Markets maintained Energy Transfer Equity, L.P. (NYSE:ETE) on Monday, October 9 with “Buy” rating. Credit Suisse maintained the stock with “Outperform” rating in Tuesday, July 26 report. The rating was maintained by Bank of America on Tuesday, March 27 with “Neutral”. See Energy Transfer Equity, L.P. (NYSE:ETE) latest ratings:

17/05/2018 Broker: Bank of America Old Rating: Neutral New Rating: Buy Old Target: $17 Upgrade
11/04/2018 Broker: Mizuho Rating: Buy New Target: $20.0000 Maintain
06/04/2018 Broker: Robert W. Baird Rating: Buy New Target: $19.0000 Maintain
27/03/2018 Broker: Bank of America Old Rating: Neutral New Rating: Neutral Old Target: $19 New Target: $17 Maintain
27/02/2018 Broker: Robert W. Baird Rating: Buy New Target: $22.0 Maintain
16/01/2018 Broker: RBC Capital Markets Rating: Buy New Target: $22.0 Maintain
05/01/2018 Broker: Credit Suisse Rating: Outperform New Target: $23 Initiates Coverage On

Wellington Shields & Company increased Flowers Foods Inc (FLO) stake by 4675.67% reported in 2018Q1 SEC filing. Wellington Shields & Company acquired 6.54 million shares as Flowers Foods Inc (FLO)’s stock declined 5.61%. The Wellington Shields & Company holds 6.68 million shares with $145.99 million value, up from 139,839 last quarter. Flowers Foods Inc now has $4.41B valuation. The stock increased 0.53% or $0.11 during the last trading session, reaching $20.9. About 307,728 shares traded. Flowers Foods, Inc. (NYSE:FLO) has risen 8.27% since June 11, 2017 and is uptrending. It has underperformed by 4.30% the S&P500. Some Historical FLO News: ; 16/05/2018 – FLOWERS FOODS INC FLO.N FY2018 SHR VIEW $1.10, REV VIEW $3.96 BLN — THOMSON REUTERS l/B/E/S; 24/05/2018 – Flowers Foods Increases Quarterly Dividend; 15/05/2018 – Wonder Supports the USO as a Force Behind the Forces(SM) with “Camo for the Cause”; 16/05/2018 – FLOWERS FOODS 1Q EPS 24C; 16/05/2018 – Flowers Foods Backs FY18 Sales $3.921B-$3.982B; 06/03/2018 Flowers Foods at Company Marketing Hosted By Stephens Inc Today; 24/05/2018 – Flowers Foods Raises Dividend to 18c; 22/04/2018 – DJ Flowers Foods Inc, Inst Holders, 1Q 2018 (FLO); 11/05/2018 – FLOWERS FOODS INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Flowers Foods, Inc. – FLO; 23/04/2018 – Nature’s Own Introduces Nature’s Own® Perfectly Crafted™ Artisan-inspired, Thick-sliced Bakery Bread

Energy Transfer Equity, L.P. provides diversified energy-related services in the United States. The company has market cap of $19.19 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. It has a 21.46 P/E ratio. The firm sells natural gas to electric utilities, independent power plants, local distribution companies, industrial end-users, and other marketing companies.

The stock increased 0.74% or $0.13 during the last trading session, reaching $17.75. About 1.38 million shares traded. Energy Transfer Equity, L.P. (NYSE:ETE) has declined 8.62% since June 11, 2017 and is downtrending. It has underperformed by 21.19% the S&P500. Some Historical ETE News: ; 26/04/2018 – Sunoco LP Maintains Quarterly Distribution; 10/05/2018 – ETP CEO: IF CO. GOES FOR SIMPLIFICATION, ETE WOULD ACQUIRE ETP; 02/04/2018 – USA Compression Partners and Energy Transfer Complete Previously Announced Transactions; 26/04/2018 – Energy Transfer Equity Announces Quarterly Cash Distribution; 09/05/2018 – SUNOCO LP – EXPECTS TO SPEND ABOUT $90 MLN ON GROWTH CAPITAL AND APPROXIMATELY $40 MLN ON MAINTENANCE CAPITAL FOR FULL YEAR 2018; 17/04/2018 – Pennsylvania sets up grant program with ETP Mariner East 2 fine; 09/05/2018 – Energy Transfer Equity 1Q Net $341M; 09/05/2018 – SUNOCO LP – ON A WEIGHTED-AVERAGE BASIS, FUEL MARGIN FOR ALL GALLONS SOLD IN QTR WAS 10.5 CENTS PER GALLON, COMPARED TO 14.5 CENTS PER GALLON; 09/05/2018 – ENERGY TRANSFER PARTNERS LP ETP.N – QTRLY NET INCOME PER COMMON UNIT $0.24; 17/05/2018 – Energy Transfer Investors Lose Bid to Have Unit Issuance Undone

Investors sentiment increased to 0.92 in Q1 2018. Its up 0.16, from 0.76 in 2017Q4. It is positive, as 30 investors sold Energy Transfer Equity, L.P. shares while 93 reduced holdings. 28 funds opened positions while 85 raised stakes. 477.05 million shares or 3.05% less from 492.05 million shares in 2017Q4 were reported. Hightower Advsr Limited Liability Corporation invested 0.04% in Energy Transfer Equity, L.P. (NYSE:ETE). 119,317 were reported by Princeton Port Strategies Llc. Pnc Financial Services Grp owns 639,806 shares. Eaton Vance invested in 208,674 shares or 0.01% of the stock. Mariner Wealth Advsrs stated it has 0.02% in Energy Transfer Equity, L.P. (NYSE:ETE). Security Tru holds 12,000 shares. Salem Invest Counselors holds 0.09% in Energy Transfer Equity, L.P. (NYSE:ETE) or 57,500 shares. Valley Natl Advisers has invested 0.02% in Energy Transfer Equity, L.P. (NYSE:ETE). Obermeyer Wood Counsel Lllp has 360,524 shares for 0.46% of their portfolio. Natixis reported 0.47% in Energy Transfer Equity, L.P. (NYSE:ETE). Waddell Reed Fincl Inc holds 2.01 million shares. Cannell Peter B & Inc invested in 28,800 shares. Suntrust Banks reported 10,258 shares. Advisory Svcs Ntwk Limited Liability Corporation holds 0.01% in Energy Transfer Equity, L.P. (NYSE:ETE) or 5,019 shares. Botty Ltd Limited Liability Company has invested 0.04% in Energy Transfer Equity, L.P. (NYSE:ETE).

More notable recent Energy Transfer Equity, L.P. (NYSE:ETE) news were published by: Seekingalpha.com which released: “Energy Transfer Equity upped to Buy at BAML, as seen consolidation likely” on May 17, 2018, also Seekingalpha.com with their article: “Energy Transfer Ups Permian Bet” published on May 14, 2018, Businesswire.com published: “Energy Transfer Announces FERC Approval to Place Rover Pipeline’s Full Mainline B into Service” on May 31, 2018. More interesting news about Energy Transfer Equity, L.P. (NYSE:ETE) were released by: 247Wallst.com and their article: “4 Top Energy Midstream MLPs Could Benefit From Issues in the Permian” published on June 07, 2018 as well as Seekingalpha.com‘s news article titled: “Highlights from Appaloosa’s Q1” with publication date: May 15, 2018.

Another recent and important Flowers Foods, Inc. (NYSE:FLO) news was published by Seekingalpha.com which published an article titled: “Flowers Foods’ (FLO) CEO Allen Shiver on Q1 2018 Results – Earnings Call Transcript” on May 17, 2018.

Since March 27, 2018, it had 0 insider purchases, and 1 sale for $221,680 activity. On Tuesday, March 27 ROACH DAVID M sold $221,680 worth of Flowers Foods, Inc. (NYSE:FLO) or 10,500 shares.

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

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