EnLink Midstream Partners, LP (NYSE:ENLK) has been given a consensus rating of “Hold” by the fourteen research firms that are covering the firm, Marketbeat reports. Two analysts have rated the stock with a sell rating, six have issued a hold rating and five have given a buy rating to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $19.22.

ENLK has been the topic of several analyst reports. Stifel Nicolaus raised EnLink Midstream Partners, from a “hold” rating to a “buy” rating and set a $18.00 target price on the stock in a research report on Friday, June 16th. They noted that the move was a valuation call. Zacks Investment Research raised EnLink Midstream Partners, from a “sell” rating to a “hold” rating in a research report on Tuesday, July 18th. Morgan Stanley lowered EnLink Midstream Partners, from an “overweight” rating to an “equal” rating and dropped their target price for the stock from $20.00 to $19.00 in a research report on Thursday, June 15th. BidaskClub raised EnLink Midstream Partners, from a “sell” rating to a “hold” rating in a research report on Wednesday, July 19th. Finally, Guggenheim initiated coverage on EnLink Midstream Partners, in a research report on Tuesday, April 18th. They issued a “neutral” rating and a $18.00 target price on the stock.

EnLink Midstream Partners, (NYSE:ENLK) traded down 1.77% during trading on Tuesday, reaching $14.98. 644,823 shares of the company were exchanged. The firm’s 50 day moving average is $16.65 and its 200 day moving average is $17.56. EnLink Midstream Partners, has a 52-week low of $14.72 and a 52-week high of $19.89. The stock’s market capitalization is $5.21 billion.

The firm also recently declared a quarterly dividend, which was paid on Friday, August 11th. Stockholders of record on Tuesday, August 1st were paid a $0.39 dividend. The ex-dividend date of this dividend was Friday, July 28th. This represents a $1.56 annualized dividend and a dividend yield of 10.41%. EnLink Midstream Partners,’s payout ratio is -503.21%.

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Several hedge funds and other institutional investors have recently added to or reduced their stakes in ENLK. Parkside Financial Bank & Trust boosted its position in EnLink Midstream Partners, by 16.2% in the first quarter. Parkside Financial Bank & Trust now owns 65,545 shares of the oil and gas producer’s stock valued at $1,199,000 after buying an additional 9,115 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in shares of EnLink Midstream Partners, by 1.0% in the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 2,310,783 shares of the oil and gas producer’s stock valued at $42,287,000 after buying an additional 23,123 shares in the last quarter. Bank of New York Mellon Corp boosted its position in shares of EnLink Midstream Partners, by 125.0% in the first quarter. Bank of New York Mellon Corp now owns 342,700 shares of the oil and gas producer’s stock valued at $6,272,000 after buying an additional 190,419 shares in the last quarter. ING Groep NV purchased a new position in shares of EnLink Midstream Partners, during the first quarter valued at $8,693,000. Finally, Tocqueville Asset Management L.P. boosted its position in shares of EnLink Midstream Partners, by 0.8% in the first quarter. Tocqueville Asset Management L.P. now owns 10,079 shares of the oil and gas producer’s stock valued at $184,000 after buying an additional 79 shares in the last quarter. 43.57% of the stock is owned by institutional investors.

About EnLink Midstream Partners,

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.

Analyst Recommendations for EnLink Midstream Partners, (NYSE:ENLK)

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