Neuberger Berman Group LLC raised its holdings in Enable Midstream Partners, LP (NYSE:ENBL) by 5.7% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 39,418 shares of the pipeline company’s stock after purchasing an additional 2,117 shares during the quarter. Neuberger Berman Group LLC’s holdings in Enable Midstream Partners, were worth $628,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Pointe Capital Management LLC purchased a new stake in shares of Enable Midstream Partners, in the 1st quarter valued at $198,000. BNP Paribas Arbitrage SA purchased a new stake in shares of Enable Midstream Partners, in the 1st quarter valued at $210,000. Proficio Capital Partners LLC purchased a new stake in shares of Enable Midstream Partners, in the 1st quarter valued at $215,000. Franklin Square Holdings L.P. purchased a new stake in shares of Enable Midstream Partners, in the 1st quarter valued at $474,000. Finally, Global X Management Co. LLC raised its holdings in shares of Enable Midstream Partners, by 3.5% in the 2nd quarter. Global X Management Co. LLC now owns 34,513 shares of the pipeline company’s stock valued at $550,000 after buying an additional 1,154 shares during the period. Institutional investors own 18.01% of the company’s stock.

Several brokerages have weighed in on ENBL. BidaskClub upgraded Enable Midstream Partners, from a “sell” rating to a “hold” rating in a report on Wednesday, July 5th. Zacks Investment Research downgraded Enable Midstream Partners, from a “buy” rating to a “sell” rating in a report on Tuesday, July 18th. Citigroup Inc. restated a “neutral” rating and set a $16.25 price target (up previously from $14.00) on shares of Enable Midstream Partners, in a report on Thursday, June 1st. TheStreet upgraded Enable Midstream Partners, from a “c” rating to a “b-” rating in a report on Monday, June 5th. Finally, Royal Bank Of Canada restated a “hold” rating and set a $18.00 price target on shares of Enable Midstream Partners, in a report on Tuesday, June 6th. One analyst has rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $17.04.

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In other news, major shareholder Arclight Capital Partners, Llc sold 4,910 shares of Enable Midstream Partners, stock in a transaction dated Thursday, June 29th. The stock was sold at an average price of $16.01, for a total transaction of $78,609.10. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Sean Trauschke bought 2,500 shares of the company’s stock in a transaction dated Thursday, August 24th. The shares were acquired at an average cost of $14.05 per share, for a total transaction of $35,125.00. Following the completion of the transaction, the director now owns 5,000 shares of the company’s stock, valued at approximately $70,250. The disclosure for this purchase can be found here. Over the last ninety days, insiders have sold 29,601 shares of company stock worth $473,667.

Enable Midstream Partners, LP (NYSE ENBL) opened at 14.77 on Friday. The stock’s 50 day moving average price is $14.65 and its 200 day moving average price is $15.55. Enable Midstream Partners, LP has a 52-week low of $13.75 and a 52-week high of $17.36. The firm has a market capitalization of $6.39 billion, a PE ratio of 17.52 and a beta of 1.97.

Enable Midstream Partners, (NYSE:ENBL) last announced its earnings results on Tuesday, August 1st. The pipeline company reported $0.20 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.16 by $0.04. Enable Midstream Partners, had a return on equity of 5.19% and a net margin of 15.20%. The business had revenue of $626.00 million for the quarter, compared to analyst estimates of $644.27 million. The firm’s revenue was up 18.3% on a year-over-year basis. Analysts expect that Enable Midstream Partners, LP will post $0.84 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, August 29th. Stockholders of record on Tuesday, August 22nd were given a dividend of $0.318 per share. This represents a $1.27 dividend on an annualized basis and a dividend yield of 8.61%. The ex-dividend date was Friday, August 18th. Enable Midstream Partners,’s payout ratio is 147.68%.

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.

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

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