EnLink Midstream Partners (ENLK) Getting Somewhat Favorable Media Coverage, Analysis Finds

Elias Hubbard
February 3, 2018

The Eagle Global Advisors Llc holds 1.87M shares with $31.29 million value, up from 883,295 last quarter. The NYSE listed company saw a recent bid of $17.395 and 350308 shares have traded hands in the session. About 95,681 shares traded or 4.59% up from the average. The Company's assets consist of equity interests in EnLink Midstream Partners, LP (the Partnership) and EnLink Oklahoma Gas Processing, LP (EnLink Oklahoma T.O.). It has outperformed by 1.25% the S&P500.The move comes after 9 months positive chart setup for the $6.11B company. Saratoga Research & Investment Management acquired a new stake in EnLink Midstream Partners in the third quarter valued at $156,000. (NYSE:WM) earned "Overweight" rating by KeyBanc Capital Markets on Tuesday, August 9. It increased, as 0 investors sold The Chemours Company shares while 1 reduced holdings. The corporation has a market cap of US$135.44 Billion. Colson now forecasts that the oil and gas producer will post earnings of $0.03 per share for the quarter, up from their previous forecast of $0.02. General Electric Company (NYSE:GE) has declined 4.46% since January 31, 2017 and is downtrending. It has underperformed by 0.67% the S&P500. Two analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and two have assigned a buy rating to the stock.

Several research analysts have recently issued reports on the stock. The rating was maintained by Credit Suisse on Thursday, October 5 with "Outperform". They issued a "neutral" rating on the stock. The firm has "Hold" rating given on Monday, August 28 by Jefferies. RBC Capital Markets maintained it with "Buy" rating and $2300 target in Sunday, July 30 report. Jefferies maintained it with "Hold" rating and $15 target in Thursday, September 1 report. The rating was upgraded by Argus Research to "Buy" on Wednesday, August 10. The firm has "Neutral" rating given on Thursday, August 11 by Citigroup. The rating was maintained by Robert W. Baird on Tuesday, September 26 with "Buy". Ameriprise Finance Incorporated has 1.44 million shares. The insider Flannery John Leonard bought $2.66M. H5 - L.P. also sold $535,938 worth of Haverty Furniture Companies, Inc.

Investors sentiment decreased to 0.69 in 2017 Q3. Its up 1.00, from 0 in 2017Q2. It dropped, as 112 investors sold GE shares while 818 reduced holdings. 79 funds opened positions while 248 raised stakes. (NASDAQ:HAS). Oppenheimer Company invested 0.01% in Hasbro, Inc. Reilly Advisors Ltd invested in 27,415 shares. Renaissance Techs Limited Company has invested 0.04% in Haverty Furniture Companies, Inc. The Missouri-based First Allied Advisory has invested 0.27% in General Electric Company (NYSE:GE). 6 analysts recommended Overweight these shares while 0 recommended Underweight, according to FactSet data. Haverty Furniture Companies, Inc. New Mexico Educational Retirement Board stated it has 809,472 shares or 0.93% of all its holdings. Stockholders of record on Tuesday, August 1st will be issued a $0.255 dividend. Therefore 16% are positive.

Equities research analysts at Seaport Global Securities increased their Q4 2017 earnings per share estimates for shares of EnLink Midstream Partners in a research note issued on Friday, Zacks Investment Research reports. Enlink Midstream Partners LP (ENLK) now has a 14 day Williams %R of -55.45. Royal Bank Of Canada restated a "hold" rating and set a $21.00 price objective on shares of EnLink Midstream in a research report on Friday, April 21st.

EnLink Midstream (NYSE:ENLC) last posted its earnings results on Tuesday, October 31st. Finally, Jefferies Group reaffirmed a "hold" rating and issued a $16.00 target price on shares of EnLink Midstream in a research note on Friday, January 12th.

Analysts expect EnLink Midstream Partners, LP (NYSE:ENLK) to report $0.05 EPS on February, 13.They anticipate $0.23 EPS change or 127.78% from last quarter's $-0.18 EPS. Wunderlich has "Buy" rating and $25 target. The firm has "Sell" rating given on Monday, September 19 by Goldman Sachs. Barclays Capital downgraded the shares of ENLK in report on Monday, January 11 to "Equal Weight" rating. On Friday, November 3 the stock rating was maintained by UBS with "Neutral". After having $-0.01 EPS previously, EnLink Midstream Partners, LP's analysts see -600.00% EPS growth. Moreover, James Investment Research Inc has 0% invested in the company for 800 shares.

Among 14 analysts covering Waste Management Inc. The oil and gas producer reported ($0.01) EPS for the quarter. ENLK's profit would be $17.53 million giving it 87.40 P/E if the $0.05 EPS is correct.

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