30 June, 2017
Rr Advisors Llc acquired 223,000 shares as Enlink Midstream Partners Lp (ENLK)'s stock declined 7.22%. The fund owned 217,308 shares of the oil and gas producer's stock at the end of the first quarter. United Capital Financial Advisers LLC boosted its stake in EnLink Midstream by 6.2% in the fourth quarter.
Other institutional investors have also recently made changes to their positions in the company. Creative Planning increased its position in EnLink Midstream Partners, by 1.7% in the first quarter. The Cohen & Steers Inc holds 525,764 shares with $9.69 million value, up from 314,716 last quarter. Tocqueville Asset Management L.P. increased its position in EnLink Midstream Partners, by 0.8% in the first quarter. Morgan Stanley now owns 6,071,147 shares of the oil and gas producer's stock worth $111,102,000 after buying an additional 251,281 shares during the last quarter. Chickasaw Capital Management LLC boosted its stake in EnLink Midstream Partners, by 7.1% in the first quarter. Chickasaw Capital Management LLC now owns 5,752,765 shares of the oil and gas producer's stock worth $105,276,000 after buying an additional 383,681 shares during the last quarter. The stock of EnLink Midstream Partners LP (NYSE:ENLK) has "Equal-Weight" rating given on Thursday, February 18 by Barclays Capital. Linscomb & Williams Inc. acquired a new position in EnLink Midstream Partners, during the first quarter worth about $195,000. The Texas-based Tpg Group Holdings (Sbs) Advisors Inc. has invested 1.84% in the stock.
Analysts forecast that EnLink Midstream Partners, LP (NYSE:ENLK) will announce sales of $1.38 billion for the current quarter, Zacks reports. 79,015 shares of the stock were exchanged. EnLink Midstream Partners, LP has a 52-week low of $15.07 and a 52-week high of $19.89. Its last month's stock price volatility remained 3.98% which for the week stands at 3.22%. The 50 day moving average moved down $-0.48 whereas the 200 day moving average was down $-1.44 or -8.02%.
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A number of research firms recently issued reports on ENLC. Finally, Stifel Nicolaus raised shares of EnLink Midstream Partners, from a "hold" rating to a "buy" rating and set a $18.00 price target on the stock in a research report on Friday, June 16th. The company was maintained on Thursday, May 12 by Goldman Sachs. Finally, Credit Suisse Group raised their price objective on shares of EnLink Midstream from $18.00 to $19.00 and gave the stock an "underperform" rating in a report on Friday, April 7th. They noted that the move was a valuation call. TheStreet upgraded shares of EnLink Midstream from a "d" rating to a "c-" rating in a research report on Friday, June 2nd. 714271 shares were traded on EnLink Midstream Partners LP's last session. The stock has "Market Perform" rating by Wells Fargo on Monday, January 18. They now have a Dollars 19 price target on the stock. Enlink Midstream Partners Lp now has $5.83 billion valuation. EnLink Midstream Partners, has a 12 month low of $14.89 and a 12 month high of $19.89. EnLink employs around 1,500 employees across the United States, including in the company's core growth areas of the Midland and DE basins in West Texas and New Mexico, the STACK and Merge plays in Central Oklahoma, and the Gulf Coast demand region in Louisiana.
