Enable Midstream Partners, LP (NYSE:ENBL) major shareholder Arclight Capital Partners, Llc sold 4,000 shares of the company’s stock in a transaction dated Monday, July 17th. The stock was sold at an average price of $16.00, for a total value of $64,000.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

Arclight Capital Partners, Llc also recently made the following trade(s):

  • On Monday, July 3rd, Arclight Capital Partners, Llc sold 20,526 shares of Enable Midstream Partners, stock. The stock was sold at an average price of $16.00, for a total value of $328,416.00.
  • On Friday, June 30th, Arclight Capital Partners, Llc sold 165 shares of Enable Midstream Partners, stock. The stock was sold at an average price of $16.01, for a total value of $2,641.65.
  • On Thursday, June 29th, Arclight Capital Partners, Llc sold 4,910 shares of Enable Midstream Partners, stock. The stock was sold at an average price of $16.01, for a total value of $78,609.10.
  • On Friday, May 26th, Arclight Capital Partners, Llc sold 10,990 shares of Enable Midstream Partners, stock. The stock was sold at an average price of $16.02, for a total value of $176,059.80.
  • On Wednesday, May 24th, Arclight Capital Partners, Llc sold 30,498 shares of Enable Midstream Partners, stock. The stock was sold at an average price of $16.27, for a total value of $496,202.46.
  • On Monday, May 22nd, Arclight Capital Partners, Llc sold 34,202 shares of Enable Midstream Partners, stock. The stock was sold at an average price of $16.18, for a total value of $553,388.36.
  • On Thursday, May 18th, Arclight Capital Partners, Llc sold 22,575 shares of Enable Midstream Partners, stock. The stock was sold at an average price of $16.13, for a total value of $364,134.75.
  • On Tuesday, May 16th, Arclight Capital Partners, Llc sold 29,392 shares of Enable Midstream Partners, stock. The stock was sold at an average price of $16.54, for a total value of $486,143.68.
  • On Friday, May 12th, Arclight Capital Partners, Llc sold 21,845 shares of Enable Midstream Partners, stock. The stock was sold at an average price of $16.77, for a total value of $366,340.65.
  • On Wednesday, May 10th, Arclight Capital Partners, Llc sold 48,807 shares of Enable Midstream Partners, stock. The stock was sold at an average price of $16.61, for a total value of $810,684.27.

Shares of Enable Midstream Partners, LP (ENBL) traded down 1.31% during mid-day trading on Friday, hitting $15.10. The company had a trading volume of 237,244 shares. The stock’s 50-day moving average is $15.23 and its 200-day moving average is $16.05. The stock has a market cap of $6.53 billion, a price-to-earnings ratio of 20.46 and a beta of 2.02. Enable Midstream Partners, LP has a 52-week low of $11.95 and a 52-week high of $17.36.

Enable Midstream Partners, (NYSE:ENBL) last announced its quarterly earnings data on Wednesday, May 3rd. The pipeline company reported $0.26 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.18 by $0.08. The firm had revenue of $666 million during the quarter, compared to analyst estimates of $635.20 million. Enable Midstream Partners, had a return on equity of 4.50% and a net margin of 13.71%. Enable Midstream Partners,’s quarterly revenue was up 30.8% on a year-over-year basis. During the same period in the previous year, the company earned $0.19 earnings per share. Equities analysts forecast that Enable Midstream Partners, LP will post $0.83 earnings per share for the current year.

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ENBL has been the subject of several analyst reports. Credit Suisse Group AG raised Enable Midstream Partners, from a “neutral” rating to an “outperform” rating in a research report on Monday, May 15th. Citigroup Inc. reaffirmed a “neutral” rating and set a $16.25 price objective (up from $14.00) on shares of Enable Midstream Partners, in a research report on Thursday, June 1st. Zacks Investment Research raised Enable Midstream Partners, from a “sell” rating to a “hold” rating in a research report on Friday, May 5th. BidaskClub raised Enable Midstream Partners, from a “strong sell” rating to a “sell” rating in a research report on Tuesday, June 27th. Finally, Royal Bank Of Canada reaffirmed a “hold” rating and set a $18.00 price objective on shares of Enable Midstream Partners, in a research report on Tuesday, June 6th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $16.91.

Hedge funds have recently made changes to their positions in the stock. Heritage Trust Co purchased a new stake in shares of Enable Midstream Partners, during the first quarter valued at $100,000. Parkside Financial Bank & Trust raised its stake in shares of Enable Midstream Partners, by 7.1% in the first quarter. Parkside Financial Bank & Trust now owns 27,805 shares of the pipeline company’s stock valued at $464,000 after buying an additional 1,855 shares in the last quarter. HITE Hedge Asset Management LLC purchased a new stake in shares of Enable Midstream Partners, during the first quarter valued at $2,141,000. BNP Paribas Arbitrage SA purchased a new stake in shares of Enable Midstream Partners, during the first quarter valued at $210,000. Finally, Miller Howard Investments Inc. NY purchased a new stake in shares of Enable Midstream Partners, during the first quarter valued at $180,000. 18.28% of the stock is owned by hedge funds and other institutional investors.

Enable Midstream Partners, Company Profile

Enable Midstream Partners LP owns, operates and develops midstream energy infrastructure assets strategically located to serve its customers. The Company operates in two business segments: Gathering and Processing, and Transportation and Storage. Its gathering and processing segment primarily provides natural gas and crude oil gathering and natural gas processing services to its producer customers.

Insider Buying and Selling by Quarter for Enable Midstream Partners, (NYSE:ENBL)

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