EnLink Midstream Partners, LP (ENLK) Shares Sold by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. cut its stake in EnLink Midstream Partners, LP (NYSE:ENLK) by 0.7% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 153,293 shares of the oil and gas producer’s stock after selling 1,092 shares during the period. PNC Financial Services Group Inc.’s holdings in EnLink Midstream Partners, were worth $2,805,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. OppenheimerFunds Inc. increased its position in shares of EnLink Midstream Partners, by 1.1% in the first quarter. OppenheimerFunds Inc. now owns 12,147,428 shares of the oil and gas producer’s stock worth $222,298,000 after buying an additional 134,690 shares during the period. Chickasaw Capital Management LLC increased its position in shares of EnLink Midstream Partners, by 7.1% in the first quarter. Chickasaw Capital Management LLC now owns 5,752,765 shares of the oil and gas producer’s stock worth $105,276,000 after buying an additional 383,681 shares during the period. Kayne Anderson Capital Advisors LP increased its position in shares of EnLink Midstream Partners, by 5.1% in the first quarter. Kayne Anderson Capital Advisors LP now owns 5,743,008 shares of the oil and gas producer’s stock worth $105,092,000 after buying an additional 277,200 shares during the period. Edge Asset Management Inc. increased its position in shares of EnLink Midstream Partners, by 13.4% in the first quarter. Edge Asset Management Inc. now owns 3,370,194 shares of the oil and gas producer’s stock worth $61,675,000 after buying an additional 398,805 shares during the period. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its position in shares of EnLink Midstream Partners, by 1.0% in the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 2,310,783 shares of the oil and gas producer’s stock worth $42,287,000 after buying an additional 23,123 shares during the period. Hedge funds and other institutional investors own 42.61% of the company’s stock.

Institutional Ownership by Quarter for EnLink Midstream Partners, (NYSE:ENLK)

Shares of EnLink Midstream Partners, LP (ENLK) traded down 3.92% during mid-day trading on Tuesday, reaching $15.19. 241,931 shares of the company’s stock were exchanged. EnLink Midstream Partners, LP has a one year low of $14.89 and a one year high of $19.89. The company’s market capitalization is $5.26 billion. The company’s 50-day moving average price is $17.02 and its 200-day moving average price is $17.93.

WARNING: This article was reported by Mideast Time and is owned by of Mideast Time. If you are accessing this article on another domain, it was illegally stolen and republished in violation of United States and international trademark and copyright laws. The original version of this article can be accessed at https://www.mideasttime.com/enlink-midstream-partners-lp-enlk-shares-sold-by-pnc-financial-services-group-inc/1795790.html.

A number of brokerages recently weighed in on ENLK. ValuEngine downgraded shares of EnLink Midstream Partners, from a “hold” rating to a “sell” rating in a research report on Thursday, June 8th. Morgan Stanley downgraded shares of EnLink Midstream Partners, from an “overweight” rating to an “equal” rating and lowered their price objective for the company from $20.00 to $19.00 in a research report on Thursday, June 15th. Stifel Nicolaus upgraded shares of EnLink Midstream Partners, from a “hold” rating to a “buy” rating and set a $18.00 price objective on the stock in a research report on Friday. They noted that the move was a valuation call. BidaskClub downgraded shares of EnLink Midstream Partners, from a “sell” rating to a “strong sell” rating in a research report on Saturday, June 10th. Finally, Zacks Investment Research downgraded shares of EnLink Midstream Partners, from a “hold” rating to a “sell” rating in a research report on Thursday, May 4th. Three investment analysts have rated the stock with a sell rating, six have issued a hold rating and six have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $19.08.

EnLink Midstream Partners, Company Profile

EnLink Midstream Partners, LP is a midstream company. The Company’s business activities are conducted through its subsidiary, EnLink Midstream Operating, LP (the Operating Partnership) and the subsidiaries of the Operating Partnership. The Company operates through five segments: Texas, Oklahoma, Louisiana, Crude and Condensate, and Corporate.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “ENLK”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

Want to see what other hedge funds are holding ENLK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for EnLink Midstream Partners, LP (NYSE:ENLK).

Receive News & Ratings for EnLink Midstream Partners LP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EnLink Midstream Partners LP and related companies with MarketBeat.com's FREE daily email newsletter.



Leave a Reply

 
© 2006-2017 Mideast Time.