Huntington Steele LLC increased its stake in shares of Enbridge Energy Management, L.L.C. (NYSE:EEQ) by 5.0% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 33,018 shares of the oil and gas producer’s stock after buying an additional 1,568 shares during the period. Huntington Steele LLC’s holdings in Enbridge Energy Management, L.L.C. were worth $608,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in EEQ. BlackRock Inc. boosted its position in shares of Enbridge Energy Management, L.L.C. by 8.9% in the third quarter. BlackRock Inc. now owns 51,651 shares of the oil and gas producer’s stock valued at $1,314,000 after buying an additional 4,206 shares in the last quarter. UBS Asset Management Americas Inc. boosted its position in shares of Enbridge Energy Management, L.L.C. by 18.3% in the third quarter. UBS Asset Management Americas Inc. now owns 42,038 shares of the oil and gas producer’s stock valued at $1,069,000 after buying an additional 6,506 shares in the last quarter. M&T Bank Corp boosted its position in shares of Enbridge Energy Management, L.L.C. by 1.9% in the third quarter. M&T Bank Corp now owns 11,593 shares of the oil and gas producer’s stock valued at $295,000 after buying an additional 217 shares in the last quarter. PBWM Holdings LLC boosted its position in shares of Enbridge Energy Management, L.L.C. by 2.2% in the third quarter. PBWM Holdings LLC now owns 18,941 shares of the oil and gas producer’s stock valued at $482,000 after buying an additional 404 shares in the last quarter. Finally, Wellington Shields Capital Management LLC boosted its position in shares of Enbridge Energy Management, L.L.C. by 2.5% in the third quarter. Wellington Shields Capital Management LLC now owns 26,117 shares of the oil and gas producer’s stock valued at $664,000 after buying an additional 647 shares in the last quarter. Institutional investors own 71.56% of the company’s stock.

Institutional Ownership by Quarter for Enbridge Energy Management, L.L.C. (NYSE:EEQ)

Shares of Enbridge Energy Management, L.L.C. (NYSE:EEQ) traded up 0.34% during midday trading on Thursday, reaching $17.46. 352,551 shares of the company’s stock were exchanged. The stock’s 50 day moving average price is $17.67 and its 200 day moving average price is $21.87. The company’s market cap is $1.47 billion. Enbridge Energy Management, L.L.C. has a 12-month low of $16.50 and a 12-month high of $25.86.

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Several brokerages recently issued reports on EEQ. Zacks Investment Research upgraded shares of Enbridge Energy Management, L.L.C. from a “hold” rating to a “buy” rating and set a $29.00 price target on the stock in a research report on Wednesday, January 11th. Royal Bank of Canada restated a “hold” rating and issued a $24.00 price objective on shares of Enbridge Energy Management, L.L.C. in a report on Friday, January 6th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and six have assigned a buy rating to the company. Enbridge Energy Management, L.L.C. currently has a consensus rating of “Buy” and a consensus target price of $26.67.

Enbridge Energy Management, L.L.C. Company Profile

5 Day Chart for NYSE:EEQ

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