Why Did Bond Yields Fall after the FOMC’s Meeting Minutes?
Bond (BND) traders weren’t prepared for the FOMC’s meeting minutes. Expectations were biased for a rate hike in the June meeting.
The euro-US dollar (FXE) continued to rise and claimed a new six-month peak above 1.1250 after the FOMC minutes didn’t revive the US dollar (UUP) on May 23.
The US Dollar Index strengthened on Thursday and closed positive. The US Dollar Index reversed its gains and traded lower in the early hours on Friday.
Analysts’ Ratings: ETE Has Most ‘Buys,’ ENLC Has Most ‘Sells’
In this article, we’ll look at analysts’ recommendations for the four equities under review in this series. Let’s start with Energy Transfer Equity (ETE).
Recent institutional activity in Energy Transfer Equity, Plains GP Holdings, Western Gas Equity Partners, and EnLink Midstream LLC shows buying of 36.5 million, 29.3 million, 2.6 million, and 3.5 million shares.
The distribution growths of midstream MLPs are directly linked to their distributable cash flow growths. MLPs grow their distributable cash flows via both organic and inorganic expansions.
How Wall Street Analysts View GGP
In April 2017, ten of 17 analysts covering GGP stock issued “buy” or “strong buy” ratings. The remaining seven analysts gave GGP a “hold” rating.
General Growth Properties (GGP) has been paying dividends to its shareholders consistently in every quarter since it raised its dividend 11.1% during 4Q16 to $0.22.
GGP reached a debt-to-equity ratio 2.2x in 2014, its highest in the last five years.