20.1% Of Enable Midstream Partners, LP (ENBL) Is Owned By Hedge Funds

Enable Midstream Partners, LP (NYSE:ENBL) recovered 20.31% of its value since hitting low of $12.31. The recent move of -2.95% drop pushed the stock to close at $14.81 when trading ended on 01/11/2019. At recent session, the prices were hovering between $14.71 and $15.17. This company shares are 15.12% off its target price of $17.05 and the current market capitalization stands at $6.61B. The recent change has given its price a 4.63% lead over SMA 50 and -23.14% deficit over its 52-week high. The stock witnessed 7.79% gains, -11.16% declines and -13.29% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found ENBL’s volatility during a week at 3.55% and during a month it has been found around 5.08%.

Enable Midstream Partners, LP (ENBL) Top Holders

Institutional investors currently hold around $1.25 billion or 20.1% in ENBL stock. Look at its top three institutional owners. Arclight Capital Partners, Llc owns $462.65 million in Enable Midstream Partners, LP, which represents roughly 7% of the company’s market cap and approximately 37.01% of the institutional ownership. Similar statistics are true for the second largest owner, Alps Advisors Inc, which owns 7,738,598 shares of the stock are valued at $114.61 million. The third largest holder is Clearbridge Investments, Llc, which currently holds $91.96 million worth of this stock and that ownership represents nearly 1.39% of its market capitalization.

Enable Midstream Partners, LP 13F Filings

At the end of September reporting period, 60 institutional holders increased their position in Enable Midstream Partners, LP (NYSE:ENBL) by some 12,299,763 shares, 33 decreased positions by 14,456,877 and 17 held positions by 57,671,414. That puts total institutional holdings at 84,428,054 shares, according to SEC filings. The stock grabbed 27 new institutional investments totaling 4,357,466 shares while 6 institutional investors sold out their entire positions totaling 43,614 shares.

Enable Midstream Partners, LP (NYSE:ENBL) Insider Trades

Multiple company employees have indulged in significant insider trading. Enable Midstream Partners, LP disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Chief Accounting Officer Levescy Thomas L has sold 15,000 shares of Enable Midstream Partners, LP (ENBL) in trading session dated May. 29, 2018. These shares are worth $236,700 and were traded at $15.78 each. The SEC filing shows that Rogers William D performed a purchase of 10,000 shares. The Director added these shares by way of transaction on May. 07, 2018. The company’s shares were assimilated at $14.36 per share worth to an investment of some $143,600 on account of Rogers William D.

Director, Trauschke Sean, purchased 2,500 common shares of Enable Midstream Partners, LP (ENBL) in the open market. In a transaction dated Aug. 24, 2017, the shares were bought at an average price of $14.05, giving away a sum of $35,125. After this purchase, 5,000 common shares of ENBL are directly owned by the insider, with total stake valued at $74,050.

In the transaction dated Aug. 24, 2017, the great number of shares acquired came courtesy the Director; Merrill Stephen E added a total of 560 shares at an average price of $14.05, amounting to approximately $7,868. The insider now directly owns 560 shares worth $8,294.

Enable Midstream Partners, LP (ENBL) Analyst Guide

Several analysts have released their opinion on Enable Midstream Partners, LP (NYSE:ENBL), with 2 analysts believing it is a strong buy. Whereas 8 of them predict the stock is a hold. Also, there are 1 buy, 0 sell and 0 strong sell ratings, collectively assigning a 2.55 average brokerage recommendation.