Enable Midstream Partners LP (ENBL) : Evergreen Capital Management scooped up 40,250 additional shares in Enable Midstream Partners LP during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 2, 2016. The investment management firm now holds a total of 756,400 shares of Enable Midstream Partners LP which is valued at $9,250,772.Enable Midstream Partners LP makes up approximately 2.05% of Evergreen Capital Management’s portfolio.
Enable Midstream Partners LP closed down -0.04 points or -0.33% at $12.23 with 1,63,684 shares getting traded on Friday. Post opening the session at $12.28, the shares hit an intraday low of $12.13 and an intraday high of $12.75 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
Other Hedge Funds, Including , Wedbush Securities Inc boosted its stake in ENBL in the latest quarter, The investment management firm added 1,573 additional shares and now holds a total of 21,473 shares of Enable Midstream Partners LP which is valued at $262,615. Enable Midstream Partners LP makes up approx 0.05% of Wedbush Securities Inc’s portfolio.Pointe Capital Management reduced its stake in ENBL by selling 11,670 shares or 33.49% in the most recent quarter. The Hedge Fund company now holds 23,180 shares of ENBL which is valued at $275,147. Enable Midstream Partners LP makes up approx 0.21% of Pointe Capital Management’s portfolio.Conning reduced its stake in ENBL by selling 5,941 shares or 2.66% in the most recent quarter. The Hedge Fund company now holds 217,463 shares of ENBL which is valued at $2,581,286. Enable Midstream Partners LP makes up approx 0.11% of Conning’s portfolio.Hite Hedge Asset Management reduced its stake in ENBL by selling 53,337 shares or 43.36% in the most recent quarter. The Hedge Fund company now holds 69,669 shares of ENBL which is valued at $826,971. Enable Midstream Partners LP makes up approx 0.34% of Hite Hedge Asset Management’s portfolio.
Many Wall Street Analysts have commented on Enable Midstream Partners LP. Enable Midstream Partners LP was Upgraded by Credit Suisse to ” Outperform” on Mar 17, 2016. Enable Midstream Partners LP was Initiated by Morgan Stanley to “Underweight” on Feb 25, 2016.
Enable Midstream Partners LP is a large-scale growth-oriented limited partnership formed to own operate and develop strategically located natural gas and crude oil infrastructure assets. It serves current and emerging production areas in the United States including several unconventional shale resource plays and local and regional end-user markets in the United States. The Company operates in two business segments: Gathering and Processing and Transportation and Storage. Gathering and processing provides natural gas gathering processing and fractionation services and crude oil gathering for producer customers. The Companys natural gas gathering and processing assets are located in four states and serve natural gas production from shale developments in the Anadarko Arkoma and Ark-La-Tex basins. Transportation and storage provides interstate and intrastate natural gas pipeline transportation and storage service to natural gas producers utilities and industrial customers.