Partners Group Holding Ag Increased Enbridge INC (ENB) Stake by $6.87 Million

Marco Green
April 21, 2018

The Manufacturers Life Insurance Company now owns 18,522,957 shares of the pipeline company's stock valued at $724,433,000 after acquiring an additional 10,214,307 shares in the last quarter. The stock increased 0.58% or $0.42 during the last trading session, reaching $72.53. The funds in our database now have: 598.25 million shares, up from 586.69 million shares in 2017Q3. CDW Corporation (NASDAQ:CDW) has risen 23.31% since April 20, 2017 and is uptrending. It has outperformed by 26.16% the S&P500.

Twin Capital Management Inc increased Cdw Corp/De (CDW) stake by 25.66% reported in 2017Q4 SEC filing. CIBC Asset Management Inc now owns 21,964,753 shares of the pipeline company's stock valued at $862,620,000 after acquiring an additional 2,260,733 shares in the last quarter. The institutional investor is holding 1.65 million shares, compared to the 1.48M from the previous quarter. Vgi Partners Pty Ltd who had been investing in Cme Group Inc for a number of months, seems to be bullish on the $55.99 billion market cap company.

Shares of Enbridge (NYSE:ENB) traded up 0.24% during midday trading on Wednesday, hitting $41.34. About 611,183 shares traded.

Total analysts of 2 have positions in Enbridge Inc Common Stock (NYSE:ENB) as follows: 0 rated it a "Buy", 0 with "Sell" and 2 with "Hold". ENB underperformed by 37.68% the S&P500. $51.47B is the MC of Enbridge Inc. (NYSE:ENB) to report earnings on May, 10. The company has a market capitalization of $56,418.65, a price-to-earnings ratio of 20.27, a PEG ratio of 1.94 and a beta of 0.63. ENB's profit will be $786.65M for 16.38 P/E if the $0.48 EPS becomes a reality. The pipeline company reported $0.48 EPS for the quarter, topping the consensus estimate of $0.42 by $0.06.

Analysts await Enbridge Inc. Therefore 0 are positive. 4 are the (NYSE:ENB)'s ratings reports on 20 April 2018 according to StockzIntelligence Inc. They set an "outperform" rating and a $70.00 price target on the stock. The rating was maintained by Morgan Stanley with "Equal-Weight" on Friday, November 17. $297,400 worth of CDW Corporation (NASDAQ:CDW) shares were sold by CORLEY CHRISTINA M. ROTHER CHRISTINA V. also sold $528,199 worth of CDW Corporation (NASDAQ:CDW) on Friday, February 9. (NYSE:ENB) on Monday, April 3 with "Market Perform" rating. Morgan Stanley maintained Enbridge Inc. (NYSE:ENB) rating on Thursday, February 4. The firm has "Neutral" rating given on Wednesday, January 6 by Credit Suisse. The firm issued a neutral rating on the pipeline company's stock. On Friday, November 17 the stock of Enbridge Inc. On Friday, March 23 the rating was maintained by Morgan Stanley with "Equal-Weight". Credit Suisse Group AG started coverage on shares of Enbridge in a research note on Tuesday, March 14th. Its stake in Crown Castle International Cor (NYSE:CCI) was reduced by 34,660 shares to 424,670 shares valued at $47.14M in 2017Q4, according to the filing.

Since December 11, 2017, it had 1 buy, and 5 insider sales for $8.30 million activity.

In related news, insider Robert R. Rooney bought 6,100 shares of the stock in a transaction on Thursday, March 15th. (NASDAQ:FISV) or 10,000 shares. Strategic Financial Services Inc now owns 88,483 shares of the pipeline company's stock valued at $3,461,000 after buying an additional 1,636 shares during the last quarter. During the same period in the previous year, the firm earned $0.58 earnings per share.

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