Dividend Assets Capital LLC decreased its position in shares of Enable Midstream Partners, LP (NYSE:ENBL) by 1.8% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,401,239 shares of the pipeline company’s stock after selling 25,655 shares during the quarter. Dividend Assets Capital LLC owned 0.32% of Enable Midstream Partners, worth $22,392,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently bought and sold shares of the company. SG Americas Securities LLC grew its holdings in shares of Enable Midstream Partners, by 0.3% during the second quarter. SG Americas Securities LLC now owns 89,066 shares of the pipeline company’s stock valued at $1,420,000 after buying an additional 250 shares during the last quarter. The Manufacturers Life Insurance Company boosted its holdings in Enable Midstream Partners, by 8.0% in the second quarter. The Manufacturers Life Insurance Company now owns 6,714 shares of the pipeline company’s stock worth $107,000 after purchasing an additional 497 shares during the last quarter. CNH Partners LLC boosted its holdings in Enable Midstream Partners, by 1.2% in the second quarter. CNH Partners LLC now owns 42,553 shares of the pipeline company’s stock worth $678,000 after purchasing an additional 500 shares during the last quarter. Conning Inc. boosted its holdings in Enable Midstream Partners, by 0.6% in the second quarter. Conning Inc. now owns 107,443 shares of the pipeline company’s stock worth $1,713,000 after purchasing an additional 590 shares during the last quarter. Finally, Proficio Capital Partners LLC boosted its holdings in Enable Midstream Partners, by 8.4% in the second quarter. Proficio Capital Partners LLC now owns 14,450 shares of the pipeline company’s stock worth $221,000 after purchasing an additional 1,117 shares during the last quarter. Hedge funds and other institutional investors own 18.16% of the company’s stock.

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ENBL has been the topic of several research reports. Zacks Investment Research upgraded shares of Enable Midstream Partners, from a “hold” rating to a “buy” rating and set a $18.00 target price on the stock in a report on Monday, July 17th. BidaskClub cut shares of Enable Midstream Partners, from a “hold” rating to a “sell” rating in a report on Monday, July 31st. Royal Bank Of Canada restated a “hold” rating and issued a $18.00 target price on shares of Enable Midstream Partners, in a report on Sunday, September 17th. Finally, Tudor Pickering cut shares of Enable Midstream Partners, from a “buy” rating to a “hold” rating in a report on Friday, October 20th. One research analyst has rated the stock with a sell rating, four have given a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $17.45.

Shares of Enable Midstream Partners, LP (ENBL) traded down $0.05 during trading on Monday, hitting $15.50. 179,700 shares of the stock traded hands, compared to its average volume of 204,736. The stock has a market cap of $6,704.73, a PE ratio of 18.45, a PEG ratio of 3.58 and a beta of 1.94. Enable Midstream Partners, LP has a 1-year low of $13.75 and a 1-year high of $17.36. The company has a quick ratio of 0.49, a current ratio of 0.54 and a debt-to-equity ratio of 0.36.

Enable Midstream Partners, (NYSE:ENBL) last issued its quarterly earnings results on Wednesday, November 1st. The pipeline company reported $0.24 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.23 by $0.01. The business had revenue of $705.00 million for the quarter, compared to analysts’ expectations of $688.61 million. Enable Midstream Partners, had a net margin of 14.82% and a return on equity of 5.24%. The company’s revenue was up 13.7% compared to the same quarter last year. During the same quarter last year, the company posted $0.26 EPS. equities research analysts expect that Enable Midstream Partners, LP will post 0.87 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, November 21st. Stockholders of record on Tuesday, November 14th will be paid a dividend of $0.318 per share. This represents a $1.27 annualized dividend and a dividend yield of 8.21%. The ex-dividend date is Monday, November 13th. Enable Midstream Partners,’s dividend payout ratio is presently 151.19%.

In other Enable Midstream Partners, news, Director Sean Trauschke purchased 2,500 shares of the company’s stock in a transaction dated Thursday, August 24th. The shares were acquired at an average price of $14.05 per share, for a total transaction of $35,125.00. Following the purchase, the director now directly owns 5,000 shares of the company’s stock, valued at approximately $70,250. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website.

About Enable Midstream Partners,

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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