State of New Jersey Common Pension Fund D boosted its position in shares of Enable Midstream Partners, LP (NYSE:ENBL) by 68.5% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 241,700 shares of the pipeline company’s stock after buying an additional 98,300 shares during the period. State of New Jersey Common Pension Fund D owned approximately 0.06% of Enable Midstream Partners, worth $3,853,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Raymond James Financial Services Advisors Inc. boosted its position in shares of Enable Midstream Partners, by 0.7% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 44,480 shares of the pipeline company’s stock worth $742,000 after buying an additional 300 shares during the last quarter. Parkside Financial Bank & Trust boosted its position 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 worth $464,000 after buying an additional 1,855 shares during the last quarter. Cutter & CO Brokerage Inc. boosted its position in shares of Enable Midstream Partners, by 1.7% in the first quarter. Cutter & CO Brokerage Inc. now owns 139,910 shares of the pipeline company’s stock worth $2,335,000 after buying an additional 2,365 shares during the last quarter. Brookfield Asset Management Inc. boosted its position in shares of Enable Midstream Partners, by 0.3% in the first quarter. Brookfield Asset Management Inc. now owns 933,600 shares of the pipeline company’s stock worth $15,582,000 after buying an additional 3,100 shares during the last quarter. Finally, Heritage Trust Co purchased a new position in shares of Enable Midstream Partners, during the first quarter worth approximately $100,000. Institutional investors own 18.33% of the company’s stock.

Enable Midstream Partners, LP (NYSE:ENBL) opened at 14.54 on Wednesday. The company’s 50-day moving average price is $15.27 and its 200 day moving average price is $15.90. Enable Midstream Partners, LP has a 12 month low of $12.75 and a 12 month high of $17.36. The company has a market capitalization of $6.29 billion, a price-to-earnings ratio of 17.25 and a beta of 1.98.

Enable Midstream Partners, (NYSE:ENBL) last posted its quarterly earnings results on Tuesday, August 1st. The pipeline company reported $0.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.04. Enable Midstream Partners, had a net margin of 15.20% and a return on equity of 5.19%. The business had revenue of $626 million during the quarter, compared to analyst estimates of $644.27 million. Enable Midstream Partners,’s revenue was up 18.3% on a year-over-year basis. Analysts forecast that Enable Midstream Partners, LP will post $0.85 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, August 29th. Shareholders of record on Tuesday, August 22nd will be given a dividend of $0.318 per share. The ex-dividend date is Friday, August 18th. This represents a $1.27 annualized dividend and a yield of 8.75%. Enable Midstream Partners,’s payout ratio is 147.68%.

COPYRIGHT VIOLATION WARNING: “State of New Jersey Common Pension Fund D Increases Position in Enable Midstream Partners, LP (ENBL)” was originally posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this report on another site, it was illegally stolen and republished in violation of United States & international copyright and trademark legislation. The original version of this report can be viewed at https://www.thecerbatgem.com/2017/08/16/state-of-new-jersey-common-pension-fund-d-increases-position-in-enable-midstream-partners-lp-enbl.html.

Several research analysts recently issued reports on ENBL shares. BidaskClub raised Enable Midstream Partners, from a “sell” rating to a “hold” rating in a research report on Sunday, August 6th. Zacks Investment Research lowered Enable Midstream Partners, from a “buy” rating to a “sell” rating in a research report on Tuesday, July 18th. Credit Suisse Group raised Enable Midstream Partners, from a “neutral” rating to an “outperform” rating in a research report on Monday, May 15th. Royal Bank Of Canada reaffirmed a “hold” rating and set a $18.00 target price on shares of Enable Midstream Partners, in a research report on Tuesday, June 6th. Finally, TheStreet raised Enable Midstream Partners, from a “c” rating to a “b-” rating in a research report on Monday, June 5th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $16.91.

In other Enable Midstream Partners, news, major shareholder Arclight Capital Partners, Llc sold 34,202 shares of the company’s stock in a transaction dated Monday, May 22nd. The shares were sold at an average price of $16.18, for a total transaction of $553,388.36. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Over the last 90 days, insiders have sold 127,866 shares of company stock valued at $2,063,452.

About Enable Midstream Partners,

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.

Institutional Ownership by Quarter for Enable Midstream Partners, (NYSE:ENBL)

Receive News & Stock Ratings for Enable Midstream Partners LP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enable Midstream Partners LP and related stocks with our FREE daily email newsletter.