Advisory Research Inc. continued to hold its position in EnLink Midstream Partners, LP (NYSE:ENLK) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 8,651,797 shares of the oil and gas producer’s stock at the close of the second quarter. EnLink Midstream Partners, accounts for approximately 2.3% of Advisory Research Inc.’s portfolio, making the stock its 7th largest holding. Advisory Research Inc. owned approximately 2.49% of EnLink Midstream Partners, worth $158,328,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in ENLK. Principal Financial Group Inc. increased its holdings in EnLink Midstream Partners, by 812.9% during the 2nd quarter. Principal Financial Group Inc. now owns 3,766,053 shares of the oil and gas producer’s stock worth $63,872,000 after purchasing an additional 3,353,523 shares in the last quarter. Alps Advisors Inc. increased its holdings in EnLink Midstream Partners, by 5.9% during the 2nd quarter. Alps Advisors Inc. now owns 11,839,995 shares of the oil and gas producer’s stock worth $200,806,000 after purchasing an additional 661,122 shares in the last quarter. Bank of America Corp DE increased its holdings in EnLink Midstream Partners, by 54.0% during the 1st quarter. Bank of America Corp DE now owns 1,660,821 shares of the oil and gas producer’s stock worth $30,393,000 after purchasing an additional 582,364 shares in the last quarter. First Trust Advisors LP bought a new position in EnLink Midstream Partners, during the 2nd quarter worth about $9,642,000. Finally, Bank of Montreal Can increased its holdings in EnLink Midstream Partners, by 26.6% during the 2nd quarter. Bank of Montreal Can now owns 1,530,988 shares of the oil and gas producer’s stock worth $25,966,000 after purchasing an additional 321,664 shares in the last quarter. Hedge funds and other institutional investors own 40.57% of the company’s stock.

A number of equities analysts have issued reports on ENLK shares. Stifel Nicolaus upgraded EnLink Midstream Partners, from a “hold” rating to a “buy” rating and set a $18.00 target price for the company in a report on Friday, June 16th. They noted that the move was a valuation call. Morgan Stanley cut EnLink Midstream Partners, from an “overweight” rating to an “equal” rating and lowered their target price for the stock from $20.00 to $19.00 in a report on Thursday, June 15th. BidaskClub upgraded EnLink Midstream Partners, from a “sell” rating to a “hold” rating in a report on Friday, September 1st. Zacks Investment Research upgraded EnLink Midstream Partners, from a “sell” rating to a “hold” rating in a report on Tuesday, July 18th. Finally, Jefferies Group LLC reiterated a “hold” rating and set a $16.00 target price (down previously from $17.00) on shares of EnLink Midstream Partners, in a report on Sunday, September 3rd. Two investment analysts have rated the stock with a sell rating, five 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 an average target price of $18.17.

EnLink Midstream Partners, LP (ENLK) traded down 1.14% during trading on Friday, hitting $16.53. 218,308 shares of the stock were exchanged. The firm’s market cap is $5.74 billion. The firm’s 50-day moving average is $16.06 and its 200 day moving average is $16.83. EnLink Midstream Partners, LP has a 52 week low of $14.43 and a 52 week high of $19.59.

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EnLink Midstream Partners, Company Profile

EnLink Midstream Partners, LP is a midstream company. The Company’s business activities are conducted through its subsidiary, EnLink Midstream Operating, LP (the Operating Partnership) and the subsidiaries of the Operating Partnership. The Company operates through five segments: Texas, Oklahoma, Louisiana, Crude and Condensate, and Corporate.

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

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