Citadel Advisors LLC increased its holdings in Enable Midstream Partners LP (NYSE:ENBL) by 425.8% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 10,228 shares of the pipeline company’s stock after buying an additional 13,367 shares during the period. Citadel Advisors LLC’s holdings in Enable Midstream Partners were worth $163,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Cetera Investment Advisers acquired a new position in Enable Midstream Partners during the 2nd quarter valued at about $662,000. Global X MANAGEMENT CO LLC boosted its stake in Enable Midstream Partners by 39.5% during the 3rd quarter. Global X MANAGEMENT CO LLC now owns 48,148 shares of the pipeline company’s stock valued at $769,000 after purchasing an additional 13,635 shares during the period. Clinton Group Inc. boosted its stake in Enable Midstream Partners by 53.7% during the 2nd quarter. Clinton Group Inc. now owns 43,209 shares of the pipeline company’s stock valued at $689,000 after purchasing an additional 15,098 shares during the period. Goldman Sachs Group Inc. boosted its stake in Enable Midstream Partners by 18.5% during the 2nd quarter. Goldman Sachs Group Inc. now owns 1,987,364 shares of the pipeline company’s stock valued at $31,678,000 after purchasing an additional 309,872 shares during the period. Finally, Wells Fargo & Company MN boosted its stake in Enable Midstream Partners by 49.0% during the 2nd quarter. Wells Fargo & Company MN now owns 26,901 shares of the pipeline company’s stock valued at $429,000 after purchasing an additional 8,850 shares during the period. 18.17% of the stock is owned by institutional investors and hedge funds.

A number of research analysts have issued reports on the stock. BidaskClub lowered shares of Enable Midstream Partners from a “buy” rating to a “hold” rating in a research note on Tuesday, October 10th. Tudor Pickering lowered shares of Enable Midstream Partners from a “buy” rating to a “hold” rating in a research note on Friday, October 20th. Royal Bank of Canada reissued a “hold” rating on shares of Enable Midstream Partners in a research note on Monday, October 23rd. Zacks Investment Research raised shares of Enable Midstream Partners from a “hold” rating to a “strong-buy” rating and set a $17.00 target price for the company in a research note on Tuesday, October 31st. Finally, J P Morgan Chase & Co lowered shares of Enable Midstream Partners from an “overweight” rating to a “neutral” rating in a research note on Tuesday, November 21st. One analyst has rated the stock with a sell rating, six have given a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. Enable Midstream Partners currently has an average rating of “Hold” and a consensus price target of $17.71.

Shares of Enable Midstream Partners LP (ENBL) opened at $14.56 on Friday. Enable Midstream Partners LP has a 52-week low of $13.75 and a 52-week high of $17.36. The company has a market cap of $6,298.12, a PE ratio of 17.33, a price-to-earnings-growth ratio of 3.25 and a beta of 1.93. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.49 and a current ratio of 0.54.

Enable Midstream Partners (NYSE:ENBL) last released its quarterly earnings results on Wednesday, November 1st. The pipeline company reported $0.24 EPS for the quarter, topping analysts’ consensus estimates of $0.23 by $0.01. Enable Midstream Partners had a net margin of 14.82% and a return on equity of 5.24%. The company had revenue of $705.00 million for the quarter, compared to the consensus estimate of $688.61 million. During the same period in the previous year, the firm earned $0.26 EPS. Enable Midstream Partners’s revenue was up 13.7% on a year-over-year basis. sell-side analysts anticipate that Enable Midstream Partners LP will post 0.9 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Tuesday, November 21st. Shareholders of record on Tuesday, November 14th were given a dividend of $0.318 per share. The ex-dividend date of this dividend was Monday, November 13th. This represents a $1.27 dividend on an annualized basis and a dividend yield of 8.74%. Enable Midstream Partners’s dividend payout ratio (DPR) is 151.19%.

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Enable Midstream Partners 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.

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

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