Enable Midstream Partners, LP (NYSE:ENBL) major shareholder Arclight Capital Partners, Llc sold 4,000 shares of the firm’s stock in a transaction dated Monday, July 17th. The stock was sold at an average price of $16.00, for a total transaction of $64,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Large shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

Arclight Capital Partners, Llc also recently made the following trade(s):

  • On Monday, July 3rd, Arclight Capital Partners, Llc sold 20,526 shares of Enable Midstream Partners, stock. The stock was sold at an average price of $16.00, for a total transaction of $328,416.00.
  • On Friday, June 30th, Arclight Capital Partners, Llc sold 165 shares of Enable Midstream Partners, stock. The stock was sold at an average price of $16.01, for a total transaction of $2,641.65.
  • On Thursday, June 29th, Arclight Capital Partners, Llc sold 4,910 shares of Enable Midstream Partners, stock. The stock was sold at an average price of $16.01, for a total transaction of $78,609.10.
  • On Friday, May 26th, Arclight Capital Partners, Llc sold 10,990 shares of Enable Midstream Partners, stock. The stock was sold at an average price of $16.02, for a total transaction of $176,059.80.
  • On Wednesday, May 24th, Arclight Capital Partners, Llc sold 30,498 shares of Enable Midstream Partners, stock. The stock was sold at an average price of $16.27, for a total transaction of $496,202.46.
  • On Monday, May 22nd, Arclight Capital Partners, Llc sold 34,202 shares of Enable Midstream Partners, stock. The stock was sold at an average price of $16.18, for a total transaction of $553,388.36.
  • On Thursday, May 18th, Arclight Capital Partners, Llc sold 22,575 shares of Enable Midstream Partners, stock. The stock was sold at an average price of $16.13, for a total transaction of $364,134.75.
  • On Tuesday, May 16th, Arclight Capital Partners, Llc sold 29,392 shares of Enable Midstream Partners, stock. The stock was sold at an average price of $16.54, for a total transaction of $486,143.68.
  • On Friday, May 12th, Arclight Capital Partners, Llc sold 21,845 shares of Enable Midstream Partners, stock. The stock was sold at an average price of $16.77, for a total transaction of $366,340.65.
  • On Wednesday, May 10th, Arclight Capital Partners, Llc sold 48,807 shares of Enable Midstream Partners, stock. The stock was sold at an average price of $16.61, for a total transaction of $810,684.27.

Shares of Enable Midstream Partners, LP (NYSE:ENBL) traded down 0.59% on Thursday, hitting $15.18. 205,047 shares of the company were exchanged. The company has a 50-day moving average price of $15.24 and a 200 day moving average price of $16.05. The firm has a market cap of $6.56 billion, a P/E ratio of 20.57 and a beta of 2.02. Enable Midstream Partners, LP has a 52-week low of $11.95 and a 52-week high of $17.36.

Enable Midstream Partners, (NYSE:ENBL) last issued its quarterly earnings results on Wednesday, May 3rd. The pipeline company reported $0.26 EPS for the quarter, topping the consensus estimate of $0.18 by $0.08. Enable Midstream Partners, had a net margin of 13.71% and a return on equity of 4.50%. The firm had revenue of $666 million for the quarter, compared to analysts’ expectations of $635.20 million. During the same period in the previous year, the business earned $0.19 earnings per share. Enable Midstream Partners,’s revenue for the quarter was up 30.8% compared to the same quarter last year. Analysts predict that Enable Midstream Partners, LP will post $0.83 EPS for the current fiscal year.

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A number of institutional investors have recently added to or reduced their stakes in ENBL. Spirit of America Management Corp NY boosted its stake in shares of Enable Midstream Partners, by 3.9% in the second quarter. Spirit of America Management Corp NY now owns 679,508 shares of the pipeline company’s stock valued at $10,831,000 after buying an additional 25,473 shares during the last quarter. Bank of Montreal Can raised its position in shares of Enable Midstream Partners, by 3,729.8% in the second quarter. Bank of Montreal Can now owns 207,155 shares of the pipeline company’s stock worth $3,302,000 after buying an additional 201,746 shares during the period. Pointe Capital Management LLC acquired a new position in shares of Enable Midstream Partners, during the first quarter worth approximately $198,000. Proficio Capital Partners LLC acquired a new position in shares of Enable Midstream Partners, during the first quarter worth approximately $215,000. Finally, Goldman Sachs Group Inc. raised its position in shares of Enable Midstream Partners, by 33.8% in the first quarter. Goldman Sachs Group Inc. now owns 1,677,492 shares of the pipeline company’s stock worth $27,997,000 after buying an additional 423,558 shares during the period. 18.28% of the stock is currently owned by institutional investors.

ENBL has been the topic of a number of analyst reports. Credit Suisse Group raised shares of Enable Midstream Partners, from a “neutral” rating to an “outperform” rating in a research note on Monday, May 15th. Citigroup Inc. reaffirmed a “neutral” rating and set a $16.25 target price (up from $14.00) on shares of Enable Midstream Partners, in a research note on Thursday, June 1st. Zacks Investment Research raised shares of Enable Midstream Partners, from a “sell” rating to a “hold” rating in a research note on Friday, May 5th. BidaskClub raised shares of Enable Midstream Partners, from a “strong sell” rating to a “sell” rating in a research note on Tuesday, June 27th. Finally, Royal Bank Of Canada reissued a “hold” rating and issued a $18.00 price target on shares of Enable Midstream Partners, in a research note on Tuesday, June 6th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $16.91.

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.

Insider Buying and Selling by Quarter for Enable Midstream Partners, (NYSE:ENBL)

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