Do You Own Enbridge Inc. (NYSE:ENB) Shares?

Andrew Cummings
April 15, 2018

How much shares are traded? Oxford Industries, Inc. (NYSE:OXM) has risen 34.56% since April 14, 2017 and is uptrending.

St James Investment Company Llc increased its stake in Enbridge Inc (ENB) by 10.24% based on its latest 2017Q4 regulatory filing with the SEC. Toron Capital Markets Inc sold 10,689 shares as the company's stock declined 21.20% with the market. Amp Capital Investors Ltd who had been investing in Enbridge Inc for a number of months, seems to be bullish on the $52.91 billion market cap company. Trading volume for Enbridge Inc. was 2.31 Million in its previous trading session. About 4.06 million shares traded.

Enbridge Inc. (NYSE:ENB) closed its last session at $31.9. The stock underperformed the S&P 500 by 11.55%. Zacks Investment Research lowered Enbridge from a "hold" rating to a "sell" rating in a report on Thursday, March 29th.


Enbridge Inc. (NYSE:ENB) reported its EPS in the last quarter as $0.31/Share lagging the analyst estimate of $0.37/Share by a difference of $-0.06. They expect $2.08 earnings per share, up 24.55% or $0.41 from last year's $1.67 per share. ENB's profit will be $793.21M for 16.70 P/E if the $0.48 EPS becomes a reality. After $1.33 actual earnings per share reported by Walmart Inc. for the previous quarter, Wall Street now forecasts -15.79% negative EPS growth.

Salient Capital Advisors Llc, which manages about $5.02 billion and $4.53 billion US Long portfolio, upped its stake in Tallgrass Energy Partners Lp (NYSE:TEP) by 252,042 shares to 3.70M shares, valued at $169.66 million in 2017Q4, according to the filing.

Enbridge Inc., a Canadian company, is a leader in energy transportation and distribution in North America and internationally. The brokerage now has a "buy" rating on the stock. Taking a look at the daily price change trend and size of price movement it is recorded that ENB spotted a positive behavior with drift of 0.16%.


In total 2 analysts cover Enbridge Inc Common Stock (NYSE:ENB). On Friday, February 9 the stock has "Equal-Weight" rating by Morgan Stanley. Barclays Capital maintained it with "Buy" rating and $95.0 target in Friday, January 12 report. Credit Suisse maintained Enbridge Inc. (NYSE:ENB) rating on Friday, July 14. On Friday, March 23 the firm has "Equal-Weight" rating given by Morgan Stanley. The company was downgraded on Monday, July 18 by National Bank Canada. They issued a "neutral" rating on the stock. As per Friday, March 23, the company rating was maintained by Morgan Stanley. As per Friday, October 9, the company rating was maintained by RBC Capital Markets. Wolfe Research maintained it with "Market Perform" rating and $43 target in Monday, May 15 report. This year's EPS analyst estimate is awaited to be $0.61. 788.59 million shares or 0.96% less from 796.24 million shares in 2017Q3 were reported.

Since December 7, 2017, it had 2 buys, and 5 insider sales for $36.57 million activity. Campbell Ann Marie also sold $7.02 million worth of The Home Depot, Inc. $2.87 million worth of American Express Company (NYSE:AXP) shares were sold by Williams Anre D. Shares for $9.38 million were sold by CHENAULT KENNETH I on Thursday, December 14.

Investors sentiment increased to 0.89 in 2017 Q4. Also, there are 1 buy, 0 sell and 0 strong sell ratings, collectively assigning a 2.38 average brokerage recommendation. (NYSE:XEL) by 16,604 shares in the quarter, leaving it with 11,638 shares, and cut its stake in Premier Inc. 134 funds opened positions while 676 raised stakes. (NASDAQ:ENSG). State Board Of Administration Of Florida Retirement System has 26,440 shares for 0% of their portfolio. Perritt Capital Management Inc sold 77,700 shares as the company's stock rose 18.72% while stock markets declined. The third largest holder is Capital International Investors, which now holds $1.74 billion worth of this stock and that ownership represents almost 3.18% of its market capitalization.


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