Advisory Research Inc. boosted its stake in Enable Midstream Partners LP (NYSE:ENBL) by 0.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,494,697 shares of the pipeline company’s stock after purchasing an additional 10,745 shares during the period. Enable Midstream Partners comprises 2.0% of Advisory Research Inc.’s investment portfolio, making the stock its 9th largest position. Advisory Research Inc.’s holdings in Enable Midstream Partners were worth $120,794,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently made changes to their positions in the company. The Manufacturers Life Insurance Company increased its stake in Enable Midstream Partners by 8.0% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 6,714 shares of the pipeline company’s stock worth $107,000 after purchasing an additional 497 shares during the period. SeaCrest Wealth Management LLC purchased a new position in Enable Midstream Partners in the 4th quarter worth approximately $117,000. Starfire Investment Advisers Inc. purchased a new position in Enable Midstream Partners in the 4th quarter worth approximately $145,000. Citadel Advisors LLC increased its stake in Enable Midstream Partners by 425.8% in the 3rd quarter. Citadel Advisors LLC now owns 10,228 shares of the pipeline company’s stock worth $163,000 after purchasing an additional 13,367 shares during the period. Finally, California Public Employees Retirement System purchased a new position in Enable Midstream Partners in the 3rd quarter worth approximately $261,000. 18.04% of the stock is currently owned by institutional investors and hedge funds.

A number of brokerages have commented on ENBL. Zacks Investment Research raised Enable Midstream Partners from a “hold” rating to a “buy” rating and set a $17.00 price target on the stock in a research note on Tuesday. Royal Bank of Canada reiterated a “hold” rating on shares of Enable Midstream Partners in a research report on Monday, October 23rd. BidaskClub lowered Enable Midstream Partners from a “hold” rating to a “sell” rating in a research report on Wednesday, October 25th. Bank of America began coverage on Enable Midstream Partners in a research report on Tuesday, January 9th. They issued a “buy” rating on the stock. Finally, R. F. Lafferty began coverage on Enable Midstream Partners in a research report on Wednesday, December 6th. They issued a “buy” rating and a $19.00 price objective on the stock. One analyst has rated the stock with a sell rating, five have assigned a hold rating and four have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $18.05.

Shares of Enable Midstream Partners LP (NYSE ENBL) opened at $14.83 on Wednesday. The firm has a market capitalization of $6,177.00, a P/E ratio of 17.65, a PEG ratio of 1.82 and a beta of 1.89. Enable Midstream Partners LP has a 1 year low of $13.75 and a 1 year high of $17.36. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.54 and a quick ratio of 0.49.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 27th. Stockholders of record on Tuesday, February 20th will be given a $0.318 dividend. The ex-dividend date of this dividend is Friday, February 16th. This represents a $1.27 dividend on an annualized basis and a dividend yield of 8.58%. Enable Midstream Partners’s dividend payout ratio is currently 151.19%.

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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.

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

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