Enbridge Inc: Spectra Energy Partners Has increased Position

May 17, 2018 - By Joseph Norton

Spectra Energy Partners, LP (NYSE:SEP) Corporate Logo

Big Money Sentiment decreased to 0.82 in Q4 2017. It has change of 0.31, from 2017Q3’s 1.13. The ratio is negative due to Spectra Energy Partners, LP positioning: 22 sold and 74 reduced. 24 funds amassed positions and 55 increased positions. Investors holded 62.25 million in 2017Q3 but now own 66.54 million shares or 6.90% more.

Winslow Evans Crocker Inc invested 0.09% of its capital in Spectra Energy Partners, LP (NYSE:SEP). Morgan Stanley invested in 0.01% or 653,308 shs. Payden & Rygel has invested 2.26% in Spectra Energy Partners, LP (NYSE:SEP). Jnba Financial Advsr invested 0.01% in Spectra Energy Partners, LP (NYSE:SEP). Barclays Pcl holds 0.01% of its capital in Spectra Energy Partners, LP (NYSE:SEP) for 275,640 shs. Creative Planning has invested 0.01% in Spectra Energy Partners, LP (NYSE:SEP). Regions Financial Corporation reported 0.01% of its capital in Spectra Energy Partners, LP (NYSE:SEP). Silvercrest Asset Grp Ltd Liability Corporation has invested 0.08% in Spectra Energy Partners, LP (NYSE:SEP). Bbva Compass Savings Bank stated it has 0.06% in Spectra Energy Partners, LP (NYSE:SEP). Driehaus Management Limited Liability Corporation has 203,779 shs. Kistler reported 0.01% stake. 719 are held by Tower Research Ltd (Trc). Bollard Group Inc Lc holds 0.23% or 119,293 shs in its capital. Tortoise Cap Lc invested in 1.6% or 6.15M shs. 40,108 were accumulated by Advantus Cap Management.

The increased Interest in Spectra Energy Partners was posted by Enbridge Inc

By clicking the link 000114420418029377 you will find SC 13D/A SEC report submitted by Enbridge Inc about Spectra Energy Partners.The Enbridge Inc’s holding increased by 42.81 % for 402,989,862 shares.Enbridge Inc currently owns 83.11% of the Energy- stock. This ownership filing was filed because activity on May 17, 2018.

Spectra Energy Partners Institutional Holdings

189 investors own Spectra Energy Partners says the latest SEC filings. In Q3 2017 the institutional ownership is high, which is Infinity of the outstanding shares. By 6232321 shares it is increased. Institutional investors held 62247276. In total 19 funds opened new Spectra Energy Partners stakes, 77 increased stakes. There were 19 that closed positions and 66 reduced them.

Here’s the stocks most Notable investors in which it takes place: Mariner Investment Group Llc, Center Coast Capital Advisors Lp, Samson Capital Management Llc, Texas Yale Capital Corp., Heronetta Management L.P., Energy Income Partners Llc..

The first, David Dreman Dreman Value Management Llc is having 9158 shares since Q3 2017 for 0.22% of its portfolio. The next Bollard Group Llc has 141326 shares or 0.33% of its portfolio. 10818 shares has X1 Ancora Advisors Llc which is 0.03% of their stock portfolio. Beach Investment Counsel Inc posted stake worth 0.03% of its US stock portfolio. Further, the 20150 shares are held by TX American National Insurance Company. Spectra Energy Partners is 0.05% of the manager�s US portfolio.

On August, 1 Spectra Energy Partners, LP (NYSE:SEP)’s earnings report is anticipated by WallStreet, RTT reports. The earnings per share diference is $0.10 or 11.90 % down from last years number. Previous year: $0.84; Analysts forcast: $0.74. In case of $0.74 earnings per share SEP’s profit could be $363.56M. Wall Street forecasts -13.95 % negative EPS growth as of August, 1.

SEP reached $33.1 during the last trading session after $0.08 change.Spectra Energy Partners, LP has volume of 499,789 shares. Since May 17, 2017 SEP has declined 22.60% and is downtrending. The stock underperformed the S&P500 by 34.15%.

Spectra Energy Partners, LP operates as an investment arm of Spectra Energy Corp.The company has $16.26 billion market cap. Spectra Energy Partners, LP, through its subsidiaries, engages in the transportation of natural gas through interstate pipeline systems, and the storage of natural gas in underground facilities in the United States.The P/E ratio is 42.76. As of December 31, 2007, it owned and operated 100% of the approximately 1,400-mile East Tennessee interstate natural gas transportation system that extends from central Tennessee eastward into southwest Virginia and northern North Carolina, and southward into northern Georgia; and a liquefied natural gas storage facility in Kingsport, Tennessee with working gas storage capacity of approximately 1.1 billion cubic feet and re-gasification capability of 150 million cubic feet per day.

Spectra Energy Partners, LP (NYSE:SEP) Ratings Coverage

Total analysts of 15 have positions in Spectra Energy Partners (NYSE:SEP) as follows: 4 rated it a “Buy”, 2 with “Sell” and 9 with “Hold”. The positive are 27%. The firm has $53.0 highest while $32 is the lowest target. The average target $38 is 14.80% above the last ($33.1) price. Since November 29, 2017 according to StockzIntelligence Inc Spectra Energy Partners has 27 analyst reports. On Wednesday, December 20 the company was downgraded by Barclays Capital. On Thursday, January 4 the rating was downgraded by U.S. Capital Advisors to “Overweight”. On Thursday, January 11 the firm has “Hold” rating given by Wells Fargo. On Wednesday, December 6 the firm earned “Buy” rating by Raymond James. In Thursday, February 22 report Stifel Nicolaus maintained it with “Buy” rating and $43 target. On Friday, April 13 the rating was downgraded by J.P. Morgan to “Hold”. On Monday, April 9 the stock of Spectra Energy Partners, LP (NYSE:SEP) earned “Sector Perform” rating by RBC Capital Markets. On Wednesday, December 20 the firm has “Buy” rating by Jefferies given. On Thursday, December 14 the company was maintained by Raymond James. On Friday, March 9 the firm has “Underweight” rating given by Morgan Stanley.

A couple more Spectra Energy Partners, LP (NYSE:SEP) news were published by: Seekingalpha.com which released on May 16, 2018 “Don’t Buy L Brands – Cramer’s Lightning Round (5/15/18)”, also Streetinsider.com on May 17, 2018 published “Enbridge to consolidate assets in $8.94 billion restructuring”, the next Streetinsider.com is “Enbridge (ENB) Announces Simplification of Corporate Structure with Proposals to Acquire Sponsored Vehicle Equity …” on May 17, 2018. Benzinga.com has article titled “Earnings Scheduled For May 9, 2018”.

Spectra Energy Partners, LP (NYSE:SEP) Institutional Investors Chart

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