Enbridge INC (ENB) Shareholder St James Investment Company LLC Increased Stake by $6.65 Million

April 17, 2018 - By Robert Reynolds

Enbridge Inc. (NYSE:ENB) Corporate Logo

According to 2017Q4 SEC filling the St James Investment Company Llc upped its holdings in Enbridge Inc (ENB) by 10.24%. The company’s stock declined 21.20% with the market as St James Investment Company Llc bought 170,628 shares. At the end of 2017Q4, the 1.84 million shares of the natural gas distribution company held by the institutional investor were valued at $71.84 million, up from 1.67 million at the end of the previous reported quarter. $53.41 billion is the MC of Enbridge Inc. The stock increased 1.65% or $0.53 during the last trading session, reaching $32.59.Enbridge Inc. has volume of 2.07M shares. Since April 17, 2017 ENB has declined 26.13% and is downtrending. ENB underperformed the S&P 500 by 37.68%.

St James Investment Company Llc operates about $1.41 billion and $865.40M US Long portfolio. It decreased its stake in Monsanto Co New (NYSE:MON) by 70,199 shares to 440,344 shares, valued at $51.42 million in 2017Q4, according to the filing. For a total of 588,843 shares it reduced its holding in Expeditors Intl Wash Inc (NASDAQ:EXPD) by 221,979 shares in the quarter, and has cut its stake in Praxair Inc (NYSE:PX).

Enbridge Inc. (NYSE:ENB) Ratings Coverage

Total analysts of 2 have positions in Enbridge Inc Common Stock (NYSE:ENB) as follows: 0 rated it a “Buy”, 0 with “Sell” and 2 with “Hold”. The positive are 0. The firm has $41 highest while $34 is the lowest [Target]. The average target $34 is 4.33% above the last ($32.59) price. Since November 17, 2017 according to StockzIntelligence Inc Enbridge Inc Common Stock has 4 analyst reports. On Friday, February 9 the stock has “Equal-Weight” rating by Morgan Stanley. On Friday, November 17 the firm has “Equal-Weight” rating given by Morgan Stanley. The stock rating was maintained by Morgan Stanley with “Equal-Weight” on Friday, March 23.

Enbridge Inc. (NYSE:ENB) Analyst Ratings Chart

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