Thursday, 16 August, 2018

Which insiders are buying Enbridge Inc. (ENB)?

Nellie Chapman | 15 April, 2018, 17:44

The stock increased 0.25% or $0.08 during the last trading session, reaching $31.98. To measure price-variation, we found ENB's volatility during a week at 2.07% and during a month it has been found around 3.2%.

Enbridge Inc. (NYSE:ENB) marched up 7.99% compared to a 52-week low price of $29.54. The stock underperformed the S&P 500 by 37.68%.

Crow Point Partners Llc decreased its stake in Brown & Brown Inc (BRO) by 85.93% based on its latest 2017Q4 regulatory filing with the SEC. Similar statistics are true for the second largest owner, Royal Bank Of Canada, which owns 102,861,375 shares of the stock are valued at $3.3 billion. And the announced value of the natural gas distribution company is $120.59 million for the 2017Q4. Crow Point Partners Llc who had been investing in Brown & Brown Inc for a number of months, seems to be less bullish one the $7.10B market cap company. The stock decreased 1.33% or $1.04 during the last trading session, reaching $77.02. About 26.23M shares traded. (NYSE:HD) has risen 18.94% since April 14, 2017 and is uptrending. It has outperformed by 7.41% the S&P500.

Intact Investment Management Inc manages about $2.49 billion US Long portfolio. Intact Investment Management Inc has risen its stake in Eldorado Gold Corp New (NYSE:EGO) and also increased its holding in Enerplus Corp (NYSE:ERF) by 1.30 million shares in the quarter, for a total of 3.60 million shares.

Among 2 analysts covering Enbridge Inc Common Stock (NYSE:ENB), 0 have Buy rating, 0 Sell and 2 Hold. Two analysts have rated the stock with a sell rating, seven have given a hold rating and one has issued a buy rating to the company. 4 are the (NYSE:ENB)'s analyst reports since November 17, 2017 according to StockzIntelligence Inc. The rating was initiated by J.P. Morgan with "Hold" on Friday, June 23. On Thursday, September 1 the stock rating was initiated by Bank of America with "Neutral". Morgan Stanley decreased their price objective on Enbridge from $41.00 to $38.00 and set an "equal weight" rating for the company in a report on Friday, February 9th. Finally, Patten Group Inc. increased its holdings in Enbridge by 333.2% in the 3rd quarter.

Enbridge (NYSE:ENB) (TSE:ENB) last released its earnings results on Friday, February 16th. On Friday, March 23 the company was maintained by Morgan Stanley. After $0.48 actual EPS reported by Enbridge Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth. 865.70 million shares or 1.77% less from 881.34 million shares in 2017Q3 were reported. The shares were sold at an average price of C$40.00, for a total transaction of C$40,360.00.

Several other institutional investors have also added to or reduced their stakes in ENB. As per Thursday, November 30, the company rating was maintained by Telsey Advisory Group. The stock of The Ensign Group, Inc. The rating was maintained by RBC Capital Markets with "Buy" on Monday, October 2. (NYSE:WMT) on Friday, August 18 with "Underperform" rating. The rating was maintained by Stifel Nicolaus on Thursday, February 8 with "Hold". The company was maintained on Wednesday, August 17 by Citigroup. RBC Capital Markets maintained Brown & Brown, Inc. The firm has "Buy" rating given on Tuesday, October 3 by Gordon Haskett Capital Corporation. A rating of a 1 or a 2 would signify a mean Buy view.

Investors sentiment decreased to 0.98 in Q4 2017. The company has a quick ratio of 0.53, a current ratio of 0.63 and a debt-to-equity ratio of 1.05. (NYSE:XEL) by 16,604 shares in the quarter, leaving it with 11,638 shares, and cut its stake in Premier Inc. 160 funds opened positions while 346 raised stakes. Centaur Prtn Lp has invested 4.77% in Brown & Brown, Inc. Marshall Wace Llp has invested 0.39% in QUALCOMM Incorporated (NASDAQ:QCOM). Highbridge Capital reported 0.32% stake. Lazard Asset Ltd holds 395,414 shares or 0.07% of its portfolio. Commonwealth Of Pennsylvania Public School Empls Retrmt Sys stated it has 0.18% of its portfolio in Walmart Inc.