Enbridge Inc (Enbridge) is an energy transportation and distribution company. The institutional investor held 64,400 shares of the health care company at the end of 2017Q4, valued at $1.43M, down from 142,100 at the end of the previous reported quarter. About 775,624 shares traded. (NYSE:BRO) has risen 18.96% since April 14, 2017 and is uptrending.
In 2017Q4 Securities and Exchange form is reported Intact Investment Management Inc's stake in Enbridge Inc (ENB) which was decreased by 20.38%. The stock had a trading volume of 2,239,998 shares, compared to its average volume of 3,872,041. Rare Infrastructure Ltd who had been investing in Enbridge Inc for a number of months, seems to be bullish on the $52.98 billion market cap company. Trading volume for Enbridge Inc. was 2.31 Million in its previous trading session. About 939,263 shares traded. Since April 14, 2017 ENB has 0.00% and is. ENB underperformed the S&P500 by 37.68%.
Analysts await Enbridge Inc. (TSE:ENB) to report $0.61 EPS on May, 10.They anticipate $0.04 EPS change or 7.02 % from last quarter's $0.57 EPS. The pipeline company reported $0.48 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.42 by $0.06. ENB's profit will be $793.21M for 16.70 P/E if the $0.48 EPS becomes a reality. After $0.47 actual EPS reported by Brown & Brown, Inc. for the previous quarter, Wall Street now forecasts 21.28% EPS growth.
Guardian Capital Advisors Lp, which manages about $1.66 billion and $763.93M US Long portfolio, decreased its stake in Huntington Ingalls Inds Inc (NYSE:HII) by 1,975 shares to 1,700 shares, valued at $412,000 in 2017Q4, according to the filing. It upped its stake in Thomson Reuters Corp (NYSE:TRI) by 208,800 shares to 916,848 shares, valued at $50.16M in 2017Q4, according to the filing.More news: Liverpool shutdown Manchester City's dreams
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Assetmark Inc. grew its holdings in shares of Enbridge by 37.9% during the 4th quarter. Two analysts have rated the stock with a sell rating, seven have given a hold rating and one has issued a buy rating to the company. Therefore 43% are positive. Since November 17, 2017 according to StockzIntelligence Inc Enbridge Inc Common Stock has 4 analyst reports. In Friday, February 9 report Morgan Stanley maintained it with "Equal-Weight" rating and $38 target. Royal Bank Of Canada dropped their price objective on shares of Enbridge from C$69.00 to C$67.00 and set an "outperform" rating on the stock in a research note on Tuesday. Credit Suisse maintained Enbridge Inc. (NYSE:BRO) rating on Monday, July 17. As per Friday, March 23, the company rating was maintained by Morgan Stanley. Credit Suisse downgraded the shares of ENB in report on Thursday, February 4 to "Neutral" rating. The rating was reinitiated by JP Morgan with "Neutral" on Friday, June 23. The company was maintained on Thursday, January 25 by BMO Capital Markets. The rating was maintained by Wolfe Research on Monday, May 15 with "Market Perform". The rating was initiated by JP Morgan on Tuesday, December 15 with "Overweight". They expect $1.12 earnings per share, up 12.00% or $0.12 from last year's $1 per share. LPL Financial LLC's holdings in Enbridge were worth $6,981,000 at the end of the most recent reporting period.
Since March 13, 2018, it had 0 buys, and 1 insider sale for $7.40 million activity. THOMPSON JAMES H also sold $3.14 million worth of QUALCOMM Incorporated (NASDAQ:QCOM) on Friday, March 9.
Institutional investors now hold around $35.5 billion or 70.5% in ENB stock.
Investors sentiment increased to 1.58 in Q4 2017. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.53 and a current ratio of 0.63. Cardinal Cap Mgmt Ltd Liability Corporation Ct holds 1.35% or 457,144 shares. Chesley Taft And Assoc Lc owns 22,412 shares for 0.36% of their portfolio. Energy Income Partners Llc sold 90,731 shares as the company's stock declined 21.20% with the market. Atlantic Tru Group Limited Company, a Georgia-based fund reported 1,000 shares. Bp Pcl accumulated 2.64% or 870,000 shares. Savant Cap holds 7,862 shares or 0.16% of its portfolio.