Highland Capital Management LP maintained its stake in EnLink Midstream Partners, LP (NYSE:ENLK) during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 138,515 shares of the company’s stock at the end of the fourth quarter. Highland Capital Management LP’s holdings in EnLink Midstream Partners, were worth $2,551,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Duff & Phelps Investment Management Co. boosted its stake in EnLink Midstream Partners, by 1.2% in the second quarter. Duff & Phelps Investment Management Co. now owns 1,656,399 shares of the company’s stock valued at $27,546,000 after buying an additional 20,000 shares in the last quarter. Roanoke Asset Management Corp NY boosted its stake in EnLink Midstream Partners, by 4.1% in the second quarter. Roanoke Asset Management Corp NY now owns 20,550 shares of the company’s stock valued at $342,000 after buying an additional 800 shares in the last quarter. Parkside Financial Bank & Trust bought a new stake in EnLink Midstream Partners, during the second quarter valued at approximately $660,000. Chickasaw Capital Management LLC boosted its stake in EnLink Midstream Partners, by 13.1% in the second quarter. Chickasaw Capital Management LLC now owns 3,256,777 shares of the company’s stock valued at $54,160,000 after buying an additional 377,240 shares in the last quarter. Finally, Neuberger Berman Group LLC bought a new stake in EnLink Midstream Partners, during the second quarter valued at approximately $450,000. 40.20% of the stock is owned by hedge funds and other institutional investors.

Institutional Ownership by Quarter for EnLink Midstream Partners, (NYSE:ENLK)

Shares of EnLink Midstream Partners, LP (NYSE:ENLK) traded down 1.32% on Thursday, hitting $18.69. 378,768 shares of the company traded hands. The firm’s 50-day moving average is $18.43 and its 200 day moving average is $17.69. The firm’s market capitalization is $6.35 billion. EnLink Midstream Partners, LP has a 1-year low of $7.30 and a 1-year high of $19.89.

The company also recently disclosed a quarterly dividend, which was paid on Monday, February 13th. Shareholders of record on Tuesday, January 31st were given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 8.35%. The ex-dividend date of this dividend was Friday, January 27th. EnLink Midstream Partners,’s dividend payout ratio (DPR) is -38.90%.

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ENLK has been the subject of several research analyst reports. Zacks Investment Research cut shares of EnLink Midstream Partners, from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 27th. UBS AG reaffirmed a “buy” rating and issued a $20.00 target price (up from $19.00) on shares of EnLink Midstream Partners, in a research report on Monday, December 5th. FBR & Co reaffirmed a “buy” rating on shares of EnLink Midstream Partners, in a research report on Thursday, December 8th. Finally, Raymond James Financial, Inc. raised shares of EnLink Midstream Partners, from a “market perform” rating to an “outperform” rating in a research report on Thursday, January 12th. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and seven have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $17.03.

In other EnLink Midstream Partners, news, VP Susan J. Mcaden sold 5,700 shares of the business’s stock in a transaction on Thursday, December 1st. The shares were sold at an average price of $17.46, for a total transaction of $99,522.00. Following the transaction, the vice president now owns 38,470 shares in the company, valued at $671,686.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.17% of the company’s stock.

EnLink Midstream Partners, Company Profile

5 Day Chart for NYSE:ENLK

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