Evergreen Capital Management LLC raised its stake in shares of EnLink Midstream Partners, LP (NYSE:ENLK) by 28.2% during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 494,910 shares of the oil and gas producer’s stock after buying an additional 108,725 shares during the period. EnLink Midstream Partners, comprises 1.4% of Evergreen Capital Management LLC’s investment portfolio, making the stock its 23rd largest position. Evergreen Capital Management LLC owned about 0.14% of EnLink Midstream Partners, worth $8,394,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the stock. Penserra Capital Management LLC boosted its position in EnLink Midstream Partners, by 244.6% in the second quarter. Penserra Capital Management LLC now owns 8,948 shares of the oil and gas producer’s stock valued at $151,000 after buying an additional 6,351 shares during the period. BNP Paribas Arbitrage SA acquired a new position in EnLink Midstream Partners, during the second quarter valued at $190,000. Alps Advisors Inc. boosted its position in EnLink Midstream Partners, by 5.9% in the second quarter. Alps Advisors Inc. now owns 11,839,995 shares of the oil and gas producer’s stock valued at $200,806,000 after buying an additional 661,122 shares during the period. SG Americas Securities LLC boosted its position in EnLink Midstream Partners, by 4.5% in the second quarter. SG Americas Securities LLC now owns 156,857 shares of the oil and gas producer’s stock valued at $2,660,000 after buying an additional 6,714 shares during the period. Finally, Conning Inc. boosted its position in EnLink Midstream Partners, by 1.4% in the second quarter. Conning Inc. now owns 141,359 shares of the oil and gas producer’s stock valued at $2,397,000 after buying an additional 1,960 shares during the period. 41.67% of the stock is currently owned by institutional investors.

Shares of EnLink Midstream Partners, LP (NYSE ENLK) opened at 15.07 on Tuesday. The company has a 50 day moving average price of $16.21 and a 200 day moving average price of $17.34. The company’s market cap is $5.24 billion. EnLink Midstream Partners, LP has a 52 week low of $14.43 and a 52 week high of $19.89.

The firm also recently announced a quarterly dividend, which was paid on Friday, August 11th. Stockholders of record on Tuesday, August 1st were issued a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 10.35%. The ex-dividend date of this dividend was Friday, July 28th. EnLink Midstream Partners,’s dividend payout ratio is presently -649.97%.

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Several research firms have weighed in on ENLK. BidaskClub raised EnLink Midstream Partners, from a “strong sell” rating to a “sell” rating in a research note on Friday. Zacks Investment Research raised EnLink Midstream Partners, from a “sell” rating to a “hold” rating in a research note on Tuesday, July 18th. Stifel Nicolaus raised EnLink Midstream Partners, from a “hold” rating to a “buy” rating and set a $18.00 target price on the stock in a research note on Friday, June 16th. They noted that the move was a valuation call. Morgan Stanley cut EnLink Midstream Partners, from an “overweight” rating to an “equal” rating and lowered their target price for the company from $20.00 to $19.00 in a research note on Thursday, June 15th. Finally, ValuEngine cut EnLink Midstream Partners, from a “hold” rating to a “sell” rating in a research note on Thursday, June 8th. Two analysts have rated the stock with a sell rating, five have given a hold rating and five have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $19.33.

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.

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

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