Enable Midstream Partners, LP (ENBL) Position Maintained by Raymond James Financial Services Advisors Inc.

Raymond James Financial Services Advisors Inc. maintained its stake in Enable Midstream Partners, LP (NYSE:ENBL) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 44,480 shares of the pipeline company’s stock at the close of the 2nd quarter. Raymond James Financial Services Advisors Inc.’s holdings in Enable Midstream Partners, were worth $709,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of the company. Spirit of America Management Corp NY raised its stake in Enable Midstream Partners, by 3.9% during the second quarter. Spirit of America Management Corp NY now owns 679,508 shares of the pipeline company’s stock worth $10,831,000 after acquiring an additional 25,473 shares during the period. Goldman Sachs Group Inc. raised its stake in Enable Midstream Partners, by 18.5% during the second quarter. Goldman Sachs Group Inc. now owns 1,987,364 shares of the pipeline company’s stock worth $31,678,000 after acquiring an additional 309,872 shares during the period. Evergreen Capital Management LLC raised its stake in Enable Midstream Partners, by 34.2% during the second quarter. Evergreen Capital Management LLC now owns 644,525 shares of the pipeline company’s stock worth $10,274,000 after acquiring an additional 164,325 shares during the period. Cbre Clarion Securities LLC raised its stake in Enable Midstream Partners, by 3.9% during the second quarter. Cbre Clarion Securities LLC now owns 199,475 shares of the pipeline company’s stock worth $3,180,000 after acquiring an additional 7,425 shares during the period. Finally, Clinton Group Inc. raised its stake in Enable Midstream Partners, by 53.7% during the second quarter. Clinton Group Inc. now owns 43,209 shares of the pipeline company’s stock worth $689,000 after acquiring an additional 15,098 shares during the period. Institutional investors and hedge funds own 18.04% of the company’s stock.

ENBL has been the topic of several research reports. BidaskClub upgraded shares of Enable Midstream Partners, from a “hold” rating to a “buy” rating in a research note on Thursday, September 28th. Royal Bank Of Canada reiterated a “hold” rating and set a $18.00 price objective on shares of Enable Midstream Partners, in a research note on Sunday, September 17th. Tudor Pickering lowered shares of Enable Midstream Partners, from a “buy” rating to a “hold” rating in a research note on Friday, October 20th. Finally, Zacks Investment Research upgraded shares of Enable Midstream Partners, from a “sell” rating to a “hold” rating in a research note on Wednesday, August 9th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the company. Enable Midstream Partners, currently has an average rating of “Hold” and an average target price of $17.21.

TRADEMARK VIOLATION WARNING: This report was first posted by Community Financial News and is the property of of Community Financial News. If you are reading this report on another publication, it was stolen and reposted in violation of United States and international trademark and copyright law. The original version of this report can be viewed at https://www.com-unik.info/2017/10/31/enable-midstream-partners-lp-enbl-position-maintained-by-raymond-james-financial-services-advisors-inc.html.

Shares of Enable Midstream Partners, LP (NYSE ENBL) opened at 15.02 on Tuesday. The company’s 50-day moving average is $15.33 and its 200 day moving average is $15.36. The firm has a market cap of $6.50 billion, a price-to-earnings ratio of 17.82 and a beta of 1.98. Enable Midstream Partners, LP has a 1-year low of $13.75 and a 1-year high of $17.36.

Enable Midstream Partners, (NYSE:ENBL) last announced its quarterly earnings results on Tuesday, August 1st. The pipeline company reported $0.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.04. Enable Midstream Partners, had a net margin of 15.20% and a return on equity of 5.19%. The firm had revenue of $626.00 million during the quarter, compared to the consensus estimate of $644.27 million. The firm’s quarterly revenue was up 18.3% compared to the same quarter last year. On average, equities research analysts expect that Enable Midstream Partners, LP will post $0.85 EPS for the current fiscal year.

In other news, Director Sean Trauschke purchased 2,500 shares of the business’s stock in a transaction that occurred on Thursday, August 24th. The stock was purchased at an average cost of $14.05 per share, with a total value of $35,125.00. Following the acquisition, the director now directly owns 5,000 shares of the company’s stock, valued at approximately $70,250. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Enable Midstream Partners, Profile

Enable Midstream Partners LP owns, operates and develops midstream energy infrastructure assets strategically located to serve its customers. The Company operates in two business segments: Gathering and Processing, and Transportation and Storage. Its gathering and processing segment primarily provides natural gas and crude oil gathering and natural gas processing services to its producer customers.

Institutional Ownership by Quarter for Enable Midstream Partners, (NYSE:ENBL)

What are top analysts saying about Enable 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 Enable 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