Enable Midstream Partners (ENBL) Rating Lowered to Sell at Zacks Investment Research

Ivan Schwartz
March 10, 2018

Melvin Capital Management Lp who had been investing in Electronic Arts Inc for a number of months, seems to be bullish on the $39.52 billion market cap company. The stock increased 3.70% or $0.38 during the last trading session, reaching $10.66. About 273,687 shares traded. Summit Midstream Partners, LP (NYSE:SMLP) has risen 6.71% since March 9, 2017 and is uptrending. It has underperformed by 19.43% the S&P500.The move comes after 9 months positive chart setup for the $550.42M company.

Melvin Capital Management Lp increased its stake in Electronic Arts Inc (EA) by 285% based on its latest 2017Q3 regulatory filing with the SEC. 201,707 shares of the company's stock traded hands, compared to its average volume of 275,206. After $1.04 actual earnings per share reported by Magellan Midstream Partners, L.P. for the previous quarter, Wall Street now forecasts -2.88% negative EPS growth. A-D-Beadell Investment Counsel Inc bought 11,330 shares as the company's stock declined 8.99% while stock markets rallied. The stock increased 3.75% or $1.65 during the last trading session, reaching $45.65. The stock of Dominion Energy Midstream Partners, LP (NYSE:DM) has "Overweight" rating given on Wednesday, August 30 by Morgan Stanley. Therefore 52% are positive.

A number of other equities research analysts have also recently issued reports on the company. The rating was initiated by Canaccord Genuity on Monday, May 16 with "Hold". The firm earned "Hold" rating on Thursday, July 20 by Stifel Nicolaus. The rating was maintained by Northland Capital on Friday, October 6 with "Buy". Robert W. Baird maintained the stock with "Buy" rating in Thursday, December 14 report. On Friday, May 12 the stock rating was initiated by Wells Fargo with "Outperform". They issued a "buy" rating for the company. JP Morgan maintained the stock with "Neutral" rating in Wednesday, March 30 report. As per Thursday, February 15, the company rating was maintained by Stifel Nicolaus. The firm has "Sell" rating given on Tuesday, June 13 by Jefferies. As per Friday, July 24, the company rating was upgraded by Credit Suisse. Advisory Research Inc, a Illinois-based fund reported 2.85 million shares. During the same quarter past year, the firm posted $0.14 EPS. Vanguard Group has invested 0% in Team, Inc. Its down 0.97, from 2.07 in 2017Q2. Center Coast Capital Advisors Lp invested in 0.61% or 773,881 shares. Renaissance Technologies Ltd holds 172,764 shares. 1,000 were reported by First Corp In. The Texas-based Cushing Asset Management Lp has invested 1% in the stock. Wells Fargo And Comm Mn owns 48,743 shares. Blackrock invested 0% in Points International Ltd. (NASDAQ:PCOM). Mai Cap holds 112,795 shares. Jorgensen Blake J had sold 10,000 shares worth $1.18M on Thursday, October 5. Ramsay Stattman Vela And Price accumulated 109,303 shares. American Capital Management Inc owns 2.55 million shares or 3.15% of their U.S. portfolio. Orleans Capital La has 0.27% invested in Microsoft Corporation (NASDAQ:MSFT). The company has a current ratio of 0.33, a quick ratio of 0.29 and a debt-to-equity ratio of 0.36. Finally, Bank of America lowered their price objective on EnLink Midstream from $18.00 to $17.00 and set a "neutral" rating for the company in a research report on Thursday, February 22nd. It also increased its holding in Wisdomtree Emerging Markets Sm (DGS) by 34,723 shares in the quarter, for a total of 64,343 shares, and has risen its stake in Ishares Currency Hedged Msci G (HEWG).

Investors sentiment decreased to 0.76 in Q3 2017. Stockholders of record on Thursday, February 1st were given a dividend of $0.365 per share. 40 funds opened positions while 142 raised stakes. It worsened, as 7 investors sold PCOM shares while 8 reduced holdings. 52,941 are owned by Northern Corp. (NASDAQ:EA). Eagle Asset Mgmt stated it has 588,982 shares. Moreover, Gsa Prtnrs Ltd Liability Partnership has 0.08% invested in Antero Midstream Partners LP (NYSE:AM). Catalyst Capital Advisors LLC raised its holdings in shares of EnLink Midstream by 18.3% in the 3rd quarter. 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.). Benjamin F Edwards And Inc holds 50 shares. Endurance Wealth Mngmt accumulated 1.13% or 213,168 shares. Exane Derivatives holds 0% of its portfolio in Magellan Midstream Partners, L.P. (NYSE:MMP) for 16 shares. Bamco reported 0.11% stake. Retail Bank Of Ny Mellon Corp has 0.01% invested in Tennant Company (NYSE:TNC). Nbw has invested 2.34% of its portfolio in Dominion Energy Midstream Partners, LP (NYSE:DM).

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Among 13 analysts covering Noble Midstream Partners (NBLX), 11 have Buy rating, 0 Sell and 2 Hold.

According to Zacks, "EQT Midstream Partners, LP is formed to own, operate, acquire and develop midstream assets in the Appalachian Basin". The firm earned "Buy" rating on Wednesday, September 2 by Citigroup. More interesting news about EQT Midstream Partners, LP (NYSE:EQM) were released by: Seekingalpha.com and their article: "EQT Midstream Partners' (EQM) Management on Q4 2017 Results - Earnings Call ..." published on February 15, 2018 as well as Seekingalpha.com's news article titled: "Rice Midstream Partners: To Hold Or To Bail" with publication date: February 28, 2018. On Sunday, August 27 the stock rating was maintained by RBC Capital Markets with "Hold". The firm has "Sector Perform" rating given on Tuesday, October 31 by RBC Capital Markets.

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