Zacks Investment Research Downgrades Enbridge (NYSE:ENB) to Sell


Meeder Asset Management Inc bought 14,046 shares as the company's stock declined 7.41% with the market. Perritt Capital Management Inc who had been investing in Ensign Group Inc for a number of months, seems to be less bullish one the $1.43B market cap company.

Addenda Capital Inc decreased Enbridge Inc (ENB) stake by 5.09% reported in 2017Q4 SEC filing.

The stock has a beta of 0.64 compared to a beta of 1 for the market, which implies that the stock's price movements are less extreme than the market as a whole. $52.98B is Enbridge Inc's market cap. The shares were last seen trading -0.59% lower, taking the closing price at $31.9 on 04/11/2018. Now it had 2.45 million shares held by the institutional investor. Enbridge Inc. (NYSE:ENB) has declined 26.13% since April 12, 2017 and is downtrending. It has underperformed by 11.55% the S&P500. According to a filing the fund increased its stake in Norbord Inc (NBRXF) by 130,600 shares to 341,800 shares, valued at $14.53 million in 2017Q4. (NYSE:ENB) earned "Neutral" rating by Goldman Sachs on Wednesday, July 20. That is 7.02 % up compareed to $0.57 EPS for previous year. T_ENB's profit would be $1.03 billion giving it 16.55 P/E if the $0.61 EPS is correct. The pipeline company reported $0.48 EPS for the quarter, topping the consensus estimate of $0.42 by $0.06.

Technical Look at Enbridge Inc. (NYSE:ENB) is anticipated On May, 10., RTT reports. Therefore 0 are positive. Enbridge Inc. had 25 analyst reports since August 4, 2015 according to SRatingsIntel. Enbridge comprises 1.9% of 1832 Asset Management L.P.'s holdings, making the stock its 9th largest position. (NYSE:ENB) on Friday, March 23 with "Equal-Weight" rating. As per Tuesday, December 15, the company rating was initiated by JP Morgan. The firm has "Outperform" rating by RBC Capital Markets given on Friday, October 9. CIBC cut their price target on Enbridge from C$63.00 to C$60.00 in a report on Friday, March 16th. The company was downgraded on Thursday, February 4 by Credit Suisse. Five analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The company was initiated on Monday, March 7 by Canaccord Genuity. The firm has "Equal-Weight" rating by Morgan Stanley given on Friday, February 9. 4 are the (NYSE:ENB)'s analyst reports since November 17, 2017 according to StockzIntelligence Inc.

Enbridge Inc., a Canadian company, is a leader in energy transportation and distribution in North America and internationally. About 26.23M shares traded. Feeler Jeffrey R also sold $1.36M worth of US Ecology, Inc. Gupta Ashwini had sold 56,680 shares worth $5.63 million on Tuesday, December 12. (NASDAQ:ECOL) shares. ROMANO STEPHEN A sold 3,000 shares worth $176,850.

Investors sentiment decreased to 0.77 in 2017 Q4. Its up 0.06, from 0.83 in 2017Q3. It turned negative, as 13 investors sold Good Energy Group PLC shares while 32 reduced holdings. Federated Pa reported 0% in Good Energy Group PLC (LON:GOOD). Nichols & Pratt Advisers Ltd Liability Partnership Ma holds 1.82% or 245,713 shares. Acg Wealth invested 0% in Hugoton Royalty Trust (NYSE:HGT). Eqis Management has invested 0.11% in American Express Company (NYSE:AXP). It manages about $2.49 billion US Long portfolio. Barclays Pcl stated it has 3.01 million shares. Brown Brothers Harriman And holds 0.13% or 231,571 shares in its portfolio. First Trust Advisors LP increased its stake in shares of Enbridge by 33.7% in the third quarter. Moreover, Hemenway Co Limited Liability Co has 0.07% invested in Walmart Inc. Also, Director Michael E.J. Phelps sold 18,054 shares of the business's stock in a transaction dated Thursday, February 22nd. Strategic Financial Services Inc grew its holdings in Enbridge by 1.9% in the fourth quarter.