Chicago Partners Investment Group LLC Boosts Stake in EnLink Midstream Partners LP (NYSE:ENLK)

Chicago Partners Investment Group LLC grew its stake in shares of EnLink Midstream Partners LP (NYSE:ENLK) by 262.1% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 165,700 shares of the oil and gas producer’s stock after purchasing an additional 119,934 shares during the quarter. Chicago Partners Investment Group LLC’s holdings in EnLink Midstream Partners were worth $2,777,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. First Trust Advisors LP purchased a new stake in shares of EnLink Midstream Partners during the second quarter worth about $9,642,000. Advisors Asset Management Inc. increased its position in shares of EnLink Midstream Partners by 68.3% during the second quarter. Advisors Asset Management Inc. now owns 87,399 shares of the oil and gas producer’s stock worth $1,482,000 after acquiring an additional 35,472 shares during the last quarter. SG Americas Securities LLC increased its position in shares of EnLink Midstream Partners by 4.5% during the second quarter. SG Americas Securities LLC now owns 156,857 shares of the oil and gas producer’s stock worth $2,660,000 after acquiring an additional 6,714 shares during the last quarter. BNP Paribas Arbitrage SA purchased a new stake in shares of EnLink Midstream Partners during the second quarter worth about $190,000. Finally, Penserra Capital Management LLC increased its position in shares of EnLink Midstream Partners by 244.6% during the second quarter. Penserra Capital Management LLC now owns 8,948 shares of the oil and gas producer’s stock worth $151,000 after acquiring an additional 6,351 shares during the last quarter. Institutional investors own 41.66% of the company’s stock.

Several analysts recently weighed in on ENLK shares. BidaskClub lowered EnLink Midstream Partners from a “hold” rating to a “sell” rating in a report on Wednesday, November 15th. Zacks Investment Research raised EnLink Midstream Partners from a “sell” rating to a “hold” rating in a report on Thursday, October 26th. UBS Group raised EnLink Midstream Partners from a “neutral” rating to a “buy” rating and set a $19.00 price objective for the company in a report on Tuesday, October 24th. ValuEngine lowered EnLink Midstream Partners from a “hold” rating to a “sell” rating in a report on Friday, September 1st. Finally, Goldman Sachs Group initiated coverage on EnLink Midstream Partners in a research note on Friday, November 17th. They issued a “neutral” rating for the company. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $18.22.

EnLink Midstream Partners LP (NYSE ENLK) traded down $0.25 during midday trading on Friday, hitting $15.37. The company’s stock had a trading volume of 988,954 shares, compared to its average volume of 675,643. The company has a market capitalization of $5,451.52, a PE ratio of -66.82 and a beta of 2.08. EnLink Midstream Partners LP has a 52 week low of $14.43 and a 52 week high of $19.59. The company has a debt-to-equity ratio of 0.71, a current ratio of 0.85 and a quick ratio of 0.77.

ILLEGAL ACTIVITY NOTICE: This story was published by Week Herald and is the sole property of of Week Herald. If you are reading this story on another site, it was copied illegally and reposted in violation of U.S. and international copyright law. The legal version of this story can be read at https://weekherald.com/2017/12/30/enlink-midstream-partners-lp-enlk-shares-bought-by-chicago-partners-investment-group-llc.html.

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.

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

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

Leave a Reply