Bank of Montreal Can Raises Position in EnLink Midstream Partners, LP (NYSE:ENLK)

Bank of Montreal Can increased its stake in shares of EnLink Midstream Partners, LP (NYSE:ENLK) by 26.6% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,530,988 shares of the oil and gas producer’s stock after buying an additional 321,664 shares during the period. Bank of Montreal Can owned about 0.44% of EnLink Midstream Partners, worth $25,966,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in ENLK. Pointe Capital Management LLC bought a new position in shares of EnLink Midstream Partners, during the first quarter valued at $1,209,000. Goldman Sachs Group Inc. boosted its position in shares of EnLink Midstream Partners, by 16.4% in the first quarter. Goldman Sachs Group Inc. now owns 453,177 shares of the oil and gas producer’s stock valued at $8,293,000 after buying an additional 63,691 shares during the period. TPH Asset Management LLC boosted its position in shares of EnLink Midstream Partners, by 306.5% in the first quarter. TPH Asset Management LLC now owns 311,308 shares of the oil and gas producer’s stock valued at $5,697,000 after buying an additional 234,719 shares during the period. HighTower Advisors LLC boosted its position in shares of EnLink Midstream Partners, by 3.7% in the first quarter. HighTower Advisors LLC now owns 247,806 shares of the oil and gas producer’s stock valued at $4,536,000 after buying an additional 8,861 shares during the period. Finally, Credit Suisse AG boosted its position in shares of EnLink Midstream Partners, by 35.4% in the first quarter. Credit Suisse AG now owns 180,211 shares of the oil and gas producer’s stock valued at $3,298,000 after buying an additional 47,136 shares during the period. Institutional investors own 42.51% of the company’s stock.

Shares of EnLink Midstream Partners, LP (ENLK) traded up 0.06% during midday trading on Friday, reaching $15.48. The company’s stock had a trading volume of 910,057 shares. EnLink Midstream Partners, LP has a 12 month low of $15.07 and a 12 month high of $19.89. The company’s market cap is $5.38 billion. The company’s 50-day moving average price is $16.69 and its 200-day moving average price is $17.60.

The business also recently announced a quarterly dividend, which will be paid on Friday, August 11th. Stockholders of record on Tuesday, August 1st will be given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 10.08%. The ex-dividend date of this dividend is Friday, July 28th. EnLink Midstream Partners,’s dividend payout ratio (DPR) is presently -503.21%.

ILLEGAL ACTIVITY WARNING: “Bank of Montreal Can Raises Position in EnLink Midstream Partners, LP (NYSE:ENLK)” was originally published by Community Financial News and is owned by of Community Financial News. If you are viewing this piece of content on another site, it was illegally stolen and republished in violation of United States and international trademark & copyright legislation. The original version of this piece of content can be read at https://www.com-unik.info/2017/08/11/enlink-midstream-partners-lp-nyseenlk-shares-bought-by-bank-of-montreal-can-updated-updated-updated.html.

Several equities research analysts recently issued reports on the company. ValuEngine lowered EnLink Midstream Partners, from a “hold” rating to a “sell” rating in a research note on Thursday, June 8th. BidaskClub lowered EnLink Midstream Partners, from a “sell” rating to a “strong sell” rating in a research note on Wednesday. Zacks Investment Research raised EnLink Midstream Partners, from a “sell” rating to a “hold” rating in a research note on Tuesday, July 18th. Morgan Stanley lowered EnLink Midstream Partners, from an “overweight” rating to an “equal” rating and dropped their price objective for the company from $20.00 to $19.00 in a research note on Thursday, June 15th. Finally, Stifel Nicolaus raised EnLink Midstream Partners, from a “hold” rating to a “buy” rating and set a $18.00 price objective for the company in a research note on Friday, June 16th. They noted that the move was a valuation call. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and five have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $19.20.

EnLink Midstream Partners, Company Profile

EnLink Midstream Partners, LP is a midstream company. The Company’s business activities are conducted through its subsidiary, EnLink Midstream Operating, LP (the Operating Partnership) and the subsidiaries of the Operating Partnership. The Company operates through five segments: Texas, Oklahoma, Louisiana, Crude and Condensate, and Corporate.

Institutional Ownership by Quarter for EnLink Midstream Partners, (NYSE:ENLK)

What are top analysts saying about EnLink Midstream Partners LP? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for EnLink Midstream Partners LP and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit