Cullen Investment Group bought 61,700 Energy Transfer LP shares in Q4, boosting institutional ownership to 38.22%.

Cullen Investment Group purchased 61,700 shares of Energy Transfer LP (NYSE:ET) for $851,000 in Q4, boosting institutional investor ownership to 38.22%. Energy Transfer LP reported Q4 EPS of $0.37, beating estimates by $0.08, and announced a $0.315 quarterly dividend, up from $0.31. Analysts from UBS Group and Citigroup have given a "buy" rating with target prices of $22.00 and $18.00 respectively.