The stock decreased 0.32% or $0.56 during the last trading session, reaching $172.8. It has outperformed by 11.98% the S&P500.
In 2017Q4 Securities and Exchange form is reported Intact Investment Management Inc's stake in Enbridge Inc (ENB) which was decreased by 20.38%. 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. The institutional investor held 1.65 million shares of the natural gas distribution company at the end of 2017Q4, valued at $64.88 million, up from 1.48 million at the end of the previous reported quarter. $52.98 billion is the MC of Enbridge Inc.
Shares of Enbridge stock traded up $0.11 during trading on Friday, reaching $32.06. About 775,624 shares traded.More news: IL hospital goes blue for Child Abuse Prevention Month
Enbridge Inc. (ENB) stock has been separated -15.59% away from the 200-day MA. The stock underperformed the S&P 500 by 37.68%. For a total of 236,600 shares it increased its holding in Vermilion Energy Inc (NYSE:VET) by 115,500 shares in the quarter, and has risen its stake in Celestica Inc (NYSE:CLS). It also reduced its holding in Berkshire Hathaway Inc Del (BRKB) by 63,110 shares in the quarter, leaving it with 587,086 shares, and cut its stake in Morgan Stanley (NYSE:MS). TD Securities decreased their price objective on shares of Enbridge from C$62.00 to C$61.00 and set a "buy" rating on the stock in a report on Thursday, December 14th.
Enbridge (NYSE:ENB) (TSE:ENB) last issued its earnings results on Friday, February 16th. The business had revenue of $10.15 billion during the quarter, compared to the consensus estimate of $9.39 billion. research analysts predict that Enbridge will post 1.73 earnings per share for the current fiscal year. BRO's profit will be $157.39M for 11.28 P/E if the $0.57 EPS becomes a reality. After $1.69 actual earnings per share reported by The Home Depot, Inc. for the previous quarter, Wall Street now forecasts 23.08% EPS growth.
Among 16 analysts covering Enbridge Inc. (NYSE:ENB) rating. Morgan Stanley has "Equal-Weight" rating and $34 target. Therefore 86% are positive. Enbridge Inc. (NYSE:ENB) has a 20-Day average volume of 4.51 Million. The rating was reinitiated by JP Morgan on Friday, June 23 with "Neutral". The company was initiated on Tuesday, December 15 by JP Morgan. RBC Capital Markets maintained the stock with "Outperform" rating in Friday, October 9 report. The company was downgraded on Thursday, February 4 by Credit Suisse. (NYSE:ENB) earned "Buy" rating by Canaccord Genuity on Monday, March 7. Wunderlich maintained Oxford Industries, Inc. The stock has "Buy" rating by Stifel Nicolaus on Friday, July 21.More news: Two-goal hero Zaha 'buzzing' after Crystal Palace's victory
Since January 10, 2018, it had 0 buys, and 1 sale for $381,197 activity. Camarda Advsr Ltd Liability Com has 4,285 shares. 1St Source Bank sold 2,587 shares as the company's stock declined 7.15% with the market. Carey Matt had sold 41,396 shares worth $7.58M on Friday, December 8. Nadler Financial Group Inc owns 25,982 shares.
Investors sentiment decreased to 0.98 in Q4 2017. Also, there are 1 buy, 0 sell and 0 strong sell ratings, collectively assigning a 2.38 average brokerage recommendation. It improved, as 42 investors sold AXP shares while 442 reduced holdings. 164 funds opened positions while 501 raised stakes. 701.90 million shares or 1.01% less from 709.03 million shares in 2017Q3 were reported. (NASDAQ:ENSG). State Board Of Administration Of Florida Retirement System has 26,440 shares for 0% of their portfolio. Eqis Management has invested 0.11% in American Express Company (NYSE:AXP). Northern Tru owns 18.85 million shares or 0.31% of their U.S. portfolio. Bp Pcl accumulated 2.64% or 870,000 shares. Smithfield Trust holds 0.01% of its portfolio in Brown & Brown, Inc. Mycio Wealth Ptnrs Ltd Llc holds 0.17% or 8,446 shares. Thrivent For Lutherans holds 144,979 shares or 0.02% of its portfolio.More news: Time cover shows Trump in storm after Federal Bureau of Investigation raids lawyer's office