As per Monday, April 3, the company rating was maintained by Wells Fargo. Ci Investments Inc bought 11,900 shares as the company's stock declined 5.78% while stock markets rallied. BMO Capital Markets initiated Enbridge Inc. Beach Investment Management LLC. grew its position in Enbridge by 676.4% in the second quarter. Nexus Investment Management Inc. now owns 298,338 shares of the pipeline company's stock valued at $11,717,000 after buying an additional 15,550 shares in the last quarter. The Beacon Financial Group holds 251,118 shares with $10.51M value, up from 243,789 last quarter. CGOV Asset Management now owns 3,523,189 shares of the pipeline company's stock valued at $173,200,000 after buying an additional 879,800 shares in the last quarter.
Enbridge (ENB) traded up C$0.37 on Monday, reaching C$49.48.
Woodstock Corp increased its stake in Enbridge Inc (ENB) by 14.23% based on its latest 2017Q3 regulatory filing with the SEC. Cornerstone Advisors Inc. now owns 2,546 shares of the company's stock worth $113,000 after buying an additional 2,486 shares in the last quarter. The company has a current ratio of 0.64, a quick ratio of 0.50 and a debt-to-equity ratio of 1.06. The firm has a market cap of $40.97 billion, a P/E ratio of 29.0418 and a beta of 0.62. Shares?" published on November 03, 2017, Fool.ca published: "Enbridge Inc. Enbridge had a net margin of 7.49% and a return on equity of 5.62%.
Analysts await The Boeing Company (NYSE:BA) to report earnings on January, 31 before the open.
During the same period in the previous year, the company posted $0.47 earnings per share. analysts predict that Enbridge Inc will post 1.54 earnings per share for the current year.
The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 1st. This represents a $1.75 dividend on an annualized basis and a yield of 4.07%. After $2.72 actual EPS reported by The Boeing Company for the previous quarter, Wall Street now forecasts 5.51% EPS growth. The ex-dividend date of this dividend is Wednesday, February 14th. Enbridge's payout ratio is now 123.08%.
A number of equities research analysts recently issued reports on ENB shares. Zacks Investment Research cut shares of Enbridge from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, November 8th. Finally, Bank of America started coverage on shares of Enbridge in a report on Tuesday. Goldman Sachs downgraded the stock to "Neutral" rating in Wednesday, July 20 report. Morgan Stanley decreased their price objective on shares of Enbridge from $43.00 to $41.00 and set an "equal weight" rating for the company in a report on Friday, November 17th. Canaccord Genuity reiterated a "buy" rating and issued a $54.00 price objective on shares of Enbridge in a research note on Thursday, November 30th. Finally, GMP Securities lowered shares of Enbridge from a "buy" rating to a "hold" rating in a research report on Tuesday, October 17th. One analyst has rated the stock with a sell rating, eight have given a hold rating and two have issued a buy rating to the company. The company now has a consensus rating of "Hold" and a consensus target price of $52.00. Apple Inc. had 344 analyst reports since July 21, 2015 according to SRatingsIntel. If you are viewing this report on another domain, it was illegally stolen and republished in violation of USA & worldwide trademark & copyright laws. The legal version of this report can be accessed at https://baseballnewssource.com/markets/enbridge-inc-enb-is-cgov-asset-managements-6th-largest-position/1825652.html. Woodstock Corp who had been investing in Enbridge Inc for a number of months, seems to be bullish on the $66.56 billion market cap company. The Company is engaged in delivering energy. It operates through five divisions: Liquids Pipelines, Gas Distribution, Gas Pipelines and Processing, Green Power and Transmission, and Energy Services. The Liquids Pipelines segment operates common carrier and contract crude oil, natural gas liquids, and refined products pipelines and terminals.