Walnut Private Equity Partners buys $2,726,912 stake in EnLink Midstream LLC (ENLC)

EnLink Midstream LLC (ENLC) : Walnut Private Equity Partners scooped up 43,632 additional shares in EnLink Midstream LLC during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 12, 2016. The investment management firm now holds a total of 170,432 shares of EnLink Midstream LLC which is valued at $2,726,912.EnLink Midstream LLC makes up approximately 2.19% of Walnut Private Equity Partners’s portfolio.

Other Hedge Funds, Including , Creative Planning reduced its stake in ENLC by selling 700 shares or 59.47% in the most recent quarter. The Hedge Fund company now holds 477 shares of ENLC which is valued at $7,632. Hollencrest Securities added ENLC to its portfolio by purchasing 16,600 company shares during the most recent quarter which is valued at $263,940. EnLink Midstream LLC makes up approx 0.04% of Hollencrest Securities’s portfolio.Washington Trust Bank reduced its stake in ENLC by selling 495 shares or 31.13% in the most recent quarter. The Hedge Fund company now holds 1,095 shares of ENLC which is valued at $17,411.Curian Capital boosted its stake in ENLC in the latest quarter, The investment management firm added 4,722 additional shares and now holds a total of 15,993 shares of EnLink Midstream LLC which is valued at $254,289. EnLink Midstream LLC makes up approx 0.02% of Curian Capital’s portfolio.

EnLink Midstream LLC closed down -0.03 points or -0.19% at $15.98 with 3,01,344 shares getting traded on Friday. Post opening the session at $16.15, the shares hit an intraday low of $15.815 and an intraday high of $16.23 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

Many Wall Street Analysts have commented on EnLink Midstream LLC. Company shares were Upgraded by Robert W. Baird on Jun 28, 2016 to ” Neutral”, Firm has raised the Price Target to $ 16 from a previous price target of $8 .Company shares were Downgraded by Barclays on Jun 20, 2016 to ” Equal Weight”, Firm has raised the Price Target to $ 16 from a previous price target of $15 .EnLink Midstream LLC was Downgraded by Jefferies to ” Hold” on Jun 8, 2016.

Enlink Midstream LLC is a limited liability company. The Company’s assets consist of equity interests in EnLink Midstream Partners LP (Partnership) and EnLink Midstream Holdings LP (Midstream Holdings). The Partnership is a publicly traded limited partnership engaged in the gathering transmission processing and marketing of natural gas and natural gas liquids (NGLs) condensate and crude oil as well as providing crude oil condensate and brine services to producers. Midstream Holdings is engaged in the gathering transmission and processing of natural gas. The Company has approximately 17431152 common units representing an aggregate 7% limited partner interest in the Partnership. As of December 31 2014 the Company also has 100% ownership interest in EnLink Midstream Partners GP LLC which is the general partner of the Partnership. The Company also had 25% limited partner interest in Midstream Holdings as of February 17 2015.

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