Barclays PLC (LON:BARC) Was Downgraded by Morgan Stanley; Tortoise Capital Advisors Lowered Energy Transfer Equity LP (ETE) Stake

Tortoise Capital Advisors Llc decreased Energy Transfer Equity LP (ETE) stake by 7.63% reported in 2017Q3 SEC filing. Tortoise Capital Advisors Llc sold 2.55M shares as Energy Transfer Equity LP (ETE)’s stock declined 2.31%. The Tortoise Capital Advisors Llc holds 30.84M shares with $536.04M value, down from 33.39M last quarter. Energy Transfer Equity LP now has $18.71 billion valuation. The stock increased 0.06% or $0.01 during the last trading session, reaching $17.3. About 3.67M shares traded. Energy Transfer Equity, L.P. (NYSE:ETE) has risen 42.68% since January 10, 2017 and is uptrending. It has outperformed by 25.98% the S&P500.

Morgan Stanley downgraded shares of Barclays PLC (LON:BARC) to a “Equal weight” rating in a a note shared with investors on Wednesday, 10 January. The firm currently has a GBX 215.00 target on the stock. Morgan Stanley’s target would suggest a potential upside of 7.19% from the stock’s last close price.

Barclays PLC, through its subsidiaries, provides various financial services and products worldwide. The company has market cap of 34.28 billion GBP. It offers personal and business banking services, credit cards, transactional and other lending products, and investment services and products. It currently has negative earnings. The firm also provides financial advice, primary capital raising and capital markets execution, risk and liquidity management, sales and trading, consumer payments, and wealth management services.

The stock decreased 0.40% or GBX 0.8 during the last trading session, reaching GBX 201. About 6.36M shares traded. Barclays PLC (LON:BARC) has 0.00% since January 10, 2017 and is . It has underperformed by 16.70% the S&P500.

Among 28 analysts covering Barclays PLC (LON:BARC), 18 have Buy rating, 3 Sell and 7 Hold. Therefore 64% are positive. Barclays PLC has GBX 580 highest and GBX 115 lowest target. GBX 227.31’s average target is 13.09% above currents GBX 201 stock price. Barclays PLC had 347 analyst reports since July 23, 2015 according to SRatingsIntel. The stock of Barclays PLC (LON:BARC) has “Hold” rating given on Monday, April 10 by Shore Capital. Societe Generale maintained the shares of BARC in report on Friday, February 24 with “Buy” rating. The rating was maintained by Santander on Tuesday, January 26 with “Buy”. J.P. Morgan maintained it with “Overweight” rating and GBX 300 target in Tuesday, December 22 report. The rating was maintained by Societe Generale with “Buy” on Friday, November 13. On Wednesday, July 5 the stock rating was maintained by Macquarie Research with “Underperform”. The stock of Barclays PLC (LON:BARC) has “Overweight” rating given on Tuesday, February 16 by JP Morgan. Nomura maintained it with “Buy” rating and GBX 290 target in Wednesday, December 9 report. On Wednesday, March 9 the stock rating was maintained by BNP Paribas with “Underperform”. As per Thursday, June 22, the company rating was maintained by Goldman Sachs.

Investors sentiment increased to 0.88 in 2017 Q3. Its up 0.02, from 0.86 in 2017Q2. It increased, as 25 investors sold ETE shares while 100 reduced holdings. 35 funds opened positions while 75 raised stakes. 527.77 million shares or 5.64% more from 499.59 million shares in 2017Q2 were reported. 551,270 are owned by Stifel Fincl. Ptnrs Grp Ag, Switzerland-based fund reported 62,600 shares. Novare Capital Management Llc has invested 0.53% in Energy Transfer Equity, L.P. (NYSE:ETE). Neville Rodie And Shaw Inc holds 21,320 shares or 0.04% of its portfolio. Chevy Chase Tru Inc has 0% invested in Energy Transfer Equity, L.P. (NYSE:ETE). Family Mngmt reported 14,000 shares stake. Steinberg Asset holds 0.04% of its portfolio in Energy Transfer Equity, L.P. (NYSE:ETE) for 17,100 shares. Round Table Ser Lc owns 0.07% invested in Energy Transfer Equity, L.P. (NYSE:ETE) for 10,980 shares. Oppenheimer Commerce invested 0.03% in Energy Transfer Equity, L.P. (NYSE:ETE). Commonwealth Equity Serv Inc invested 0.02% of its portfolio in Energy Transfer Equity, L.P. (NYSE:ETE). Moreover, Rr Advsrs has 6.48% invested in Energy Transfer Equity, L.P. (NYSE:ETE) for 2.75 million shares. Bokf Na has invested 0.03% of its portfolio in Energy Transfer Equity, L.P. (NYSE:ETE). Hodges Capital Mngmt, a Texas-based fund reported 17,650 shares. Gamco Et Al stated it has 0% in Energy Transfer Equity, L.P. (NYSE:ETE). Cohen And Steers invested 0.03% of its portfolio in Energy Transfer Equity, L.P. (NYSE:ETE).

Analysts await Energy Transfer Equity, L.P. (NYSE:ETE) to report earnings on February, 28. They expect $0.30 EPS, up 42.86% or $0.09 from last year’s $0.21 per share. ETE’s profit will be $324.40 million for 14.42 P/E if the $0.30 EPS becomes a reality. After $0.22 actual EPS reported by Energy Transfer Equity, L.P. for the previous quarter, Wall Street now forecasts 36.36% EPS growth.