EnLink Midstream Partners, LP (NYSE:ENLK) was downgraded by equities researchers at ValuEngine from a “hold” rating to a “sell” rating in a note issued to investors on Friday.

Several other research analysts have also commented on the stock. BidaskClub upgraded shares of EnLink Midstream Partners, from a “sell” rating to a “hold” rating in a research note on Friday. Zacks Investment Research upgraded shares of EnLink Midstream Partners, from a “sell” rating to a “hold” rating in a research note on Tuesday, July 18th. Stifel Nicolaus upgraded shares of EnLink Midstream Partners, from a “hold” rating to a “buy” rating and set a $18.00 price target on the stock in a research note on Friday, June 16th. They noted that the move was a valuation call. Finally, Morgan Stanley lowered shares of EnLink Midstream Partners, from an “overweight” rating to an “equal” rating and dropped their price target for the stock from $20.00 to $19.00 in a research note on Thursday, June 15th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and four have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $19.25.

EnLink Midstream Partners, (ENLK) traded up 0.68% during trading on Friday, hitting $16.34. 779,355 shares of the company traded hands. EnLink Midstream Partners, has a one year low of $14.43 and a one year high of $19.89. The firm’s market cap is $5.68 billion. The firm has a 50 day moving average of $16.08 and a 200 day moving average of $17.23.

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A number of hedge funds have recently modified their holdings of the stock. Creative Planning increased its position in EnLink Midstream Partners, by 1.7% in the first quarter. Creative Planning now owns 7,442 shares of the oil and gas producer’s stock worth $136,000 after buying an additional 123 shares during the last quarter. Waldron LP acquired a new position in EnLink Midstream Partners, during the first quarter worth approximately $549,000. Jennison Associates LLC increased its position in EnLink Midstream Partners, by 5.9% in the first quarter. Jennison Associates LLC now owns 520,708 shares of the oil and gas producer’s stock worth $9,529,000 after buying an additional 28,991 shares during the last quarter. Tocqueville Asset Management L.P. increased its position in EnLink Midstream Partners, by 0.8% in the first quarter. Tocqueville Asset Management L.P. now owns 10,079 shares of the oil and gas producer’s stock worth $184,000 after buying an additional 79 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its position in EnLink Midstream Partners, by 125.0% in the first quarter. Bank of New York Mellon Corp now owns 342,700 shares of the oil and gas producer’s stock worth $6,272,000 after buying an additional 190,419 shares during the last quarter. 41.67% of the stock is owned by hedge funds and other institutional investors.

About EnLink Midstream Partners,

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.

Analyst Recommendations for EnLink Midstream Partners, (NYSE:ENLK)

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