Conestoga Capital Advisors Has Boosted Esco Technologies (ESE) Position; Conning Cut Energy Transfer Equity LP (ETE) Stake By $1.57 Million

November 15, 2017 - By Ellis Scott

Conning Inc decreased Energy Transfer Equity LP (ETE) stake by 14.28% reported in 2017Q2 SEC filing. Conning Inc sold 92,622 shares as Energy Transfer Equity LP (ETE)’s stock declined 2.31%. The Conning Inc holds 555,826 shares with $9.98 million value, down from 648,448 last quarter. Energy Transfer Equity LP now has $17.58B valuation. The stock declined 2.19% or $0.36 reaching $16.29 per share. About 3,080 shares traded. Energy Transfer Equity LP (NYSE:ETE) has risen 42.68% since November 15, 2016 and is uptrending. It has outperformed by 25.98% the S&P500.

Conestoga Capital Advisors Llc increased Esco Technologies Inc (ESE) stake by 212.83% reported in 2017Q2 SEC filing. Conestoga Capital Advisors Llc acquired 316,885 shares as Esco Technologies Inc (ESE)’s stock rose 1.09%. The Conestoga Capital Advisors Llc holds 465,779 shares with $27.78M value, up from 148,894 last quarter. Esco Technologies Inc now has $1.42 billion valuation. The stock declined 4.18% or $2.4 reaching $55 on the news. About shares traded. ESCO Technologies Inc. (NYSE:ESE) has risen 46.33% since November 15, 2016 and is uptrending. It has outperformed by 29.63% the S&P500.

Investors sentiment decreased to 0.86 in Q2 2017. Its down 0.27, from 1.13 in 2017Q1. It dropped, as 28 investors sold ETE shares while 97 reduced holdings. 26 funds opened positions while 82 raised stakes. 499.59 million shares or 4.04% more from 480.19 million shares in 2017Q1 were reported. Avalon Advsr Ltd Company has invested 0.04% in Energy Transfer Equity LP (NYSE:ETE). Eagleclaw Cap Managment Ltd Company, Massachusetts-based fund reported 18,350 shares. First Western Capital Mngmt holds 33,821 shares. Raymond James And Associates invested 0.03% in Energy Transfer Equity LP (NYSE:ETE). Miller Inv Lp invested in 44,410 shares or 0.28% of the stock. Camelot Portfolios Limited Liability Corporation reported 11,943 shares. Kings Point Cap Mgmt owns 389,145 shares. Wade G W & Incorporated holds 0.08% or 33,984 shares. Delta Asset Ltd Tn holds 1,800 shares. Family Management Corp holds 14,000 shares. Catalyst Advisors Lc holds 361,370 shares or 0.28% of its portfolio. Deutsche State Bank Ag owns 3.13M shares. Wealthtrust owns 0% invested in Energy Transfer Equity LP (NYSE:ETE) for 119 shares. Whetstone Cap Advsr Ltd Llc has invested 15.08% in Energy Transfer Equity LP (NYSE:ETE). Waters Parkerson & Communications Limited Com holds 0.02% or 15,000 shares in its portfolio.

Among 15 analysts covering Energy Transfer Equity LP (NYSE:ETE), 12 have Buy rating, 0 Sell and 3 Hold. Therefore 80% are positive. Energy Transfer Equity LP had 34 analyst reports since October 27, 2015 according to SRatingsIntel. The stock has “Buy” rating by Jefferies on Monday, October 16. The stock has “Outperform” rating by Credit Suisse on Tuesday, July 26. Bernstein upgraded the stock to “Outperform” rating in Tuesday, November 8 report. Morgan Stanley reinitiated Energy Transfer Equity LP (NYSE:ETE) on Monday, August 15 with “Overweight” rating. The firm earned “Buy” rating on Tuesday, October 17 by Goldman Sachs. The firm has “Buy” rating by Jefferies given on Wednesday, April 19. The stock of Energy Transfer Equity LP (NYSE:ETE) earned “Buy” rating by RBC Capital Markets on Monday, October 9. The company was maintained on Thursday, October 12 by BMO Capital Markets. Jefferies initiated the stock with “Buy” rating in Friday, December 18 report. Bernstein downgraded Energy Transfer Equity LP (NYSE:ETE) on Monday, January 9 to “Mkt Perform” rating.

Analysts await Energy Transfer Equity LP (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 $323.76M for 13.58 P/E if the $0.30 EPS becomes a reality. After $0.22 actual EPS reported by Energy Transfer Equity LP for the previous quarter, Wall Street now forecasts 36.36% EPS growth.

Conning Inc increased United Technologies Corp (NYSE:UTX) stake by 2,742 shares to 244,252 valued at $29.83M in 2017Q2. It also upped Spdr S&P 500 Etf Tr (SPY) stake by 123,374 shares and now owns 203,374 shares. Archer Daniels Midland Co (NYSE:ADM) was raised too.

Among 6 analysts covering ESCO Technologies (NYSE:ESE), 3 have Buy rating, 1 Sell and 2 Hold. Therefore 50% are positive. ESCO Technologies had 8 analyst reports since August 12, 2015 according to SRatingsIntel. Euro Pacific Capital initiated ESCO Technologies Inc. (NYSE:ESE) on Monday, October 12 with “Buy” rating. The stock of ESCO Technologies Inc. (NYSE:ESE) earned “Hold” rating by Canaccord Genuity on Wednesday, August 12. Needham maintained the shares of ESE in report on Monday, October 16 with “Hold” rating. The stock of ESCO Technologies Inc. (NYSE:ESE) earned “Sell” rating by Zacks on Friday, August 28. The stock of ESCO Technologies Inc. (NYSE:ESE) has “Buy” rating given on Wednesday, May 4 by BB&T Capital.

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