Enbridge Energy Partners, LP (NYSE:EEP) Quant Signal & Valuation Review

Enbridge Inc.'s crude oil storage tanks at their tank farm in Cushing Oklahoma

Enbridge Inc.'s crude oil storage tanks at their tank farm in Cushing Thomson Reuters

The number of shares now owned by investors are 326.77 mln. Enbridge Energy Management Llc now has $1.21 billion valuation. Moreover, Cutter & Comm Brokerage has 0.93% invested in Enbridge Energy Management, L.L.C. (NYSE:EEQ) for 153,979 shares. Enbridge Energy Management, L.L.C. (NYSE:EEQ) has declined 11.33% since November 30, 2016 and is downtrending. Enbridge Energy Management LLC had 11 analyst reports since September 11, 2015 according to SRatingsIntel. Novare Capital Management LLC now owns 133,150 shares of the pipeline company's stock worth $2,130,000 after acquiring an additional 500 shares during the last quarter.

After a recent scan, we can see that Enbridge Energy Partners, L.P. (NYSE:EEP) has a Shareholder Yield of -0.100195 and a Shareholder Yield (Mebane Faber) of 0.14963. Private Advisor Group LLC now owns 66,116 shares of the pipeline company's stock worth $1,053,000 after acquiring an additional 38,968 shares during the period.

Hite Hedge Asset Management Llc holds 4.62% of its portfolio in Enbridge Energy Management, L.L.C. for 894,555 shares. The Manufacturers Life Insurance Company now owns 9,625 shares of the pipeline company's stock worth $154,000 after buying an additional 1,959 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. raised its holdings in shares of Enbridge Energy by 6.7% in the second quarter. ((NASDAQ:SCMP)) are 22.12%; 27% for the month; 8.09% for the last quarter; 22.12% for the past six-months; and -21.85% for the last 12 months. BLACKROCK INC. owned.38% of Adobe Systems Incorporated (ADBE) worth $6.41 billion at the end of the most recent reporting period. Mizuho restated a "hold" rating and set a $17.00 price target on shares of Enbridge Energy in a report on Friday, October 20th. The stock hit its twelve month high on 01/12/17, and twelve month low on 11/28/17. Buckingham Asset Mngmt Ltd Co holds 0.04% of its portfolio in Enbridge Energy Management, L.L.C. (NYSE:EEQ) for 10,621 shares. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and two have issued a buy rating to the stock. Enbridge Energy's dividend payout ratio (DPR) is presently 186.67%. The Gross Margin Score of Enbridge Energy Partners, L.P. (NYSE:EEP) is 10. The C-Score of Enbridge Energy Partners, L.P. (NYSE:EEP) is 1. The stock had a trading volume of 1,319,687 shares, compared to its average volume of 432,477. The company has market cap of $1.19 billion. The P/E ratio is one of the most common ratios used for figuring out whether a company is overvalued or undervalued.

Enbridge Energy (NYSE:EEP) last released its quarterly earnings results on Wednesday, November 1st. Total debt to equity ratio of the company for most recent quarter is 0 whereas long term debt to equity ratio for most recent quarter is 0. This works out to an increase of 16.13% compared to last year's earnings.

The consensus analysts recommendation at this point stands at 2.70 on Enbridge Energy Partners, L.P. (NYSE:EEP).

The firm also recently announced a quarterly dividend, which was paid on Tuesday, November 14th.

The takeover, the most significant energy deal since commodity prices crashed in mid-2014, highlighted how pipeline companies were under pressure to merge as they grappled with overcapacity and sliding tariffs that have slowed dividend growth and unnerved investors. The ex-dividend date of this dividend was Monday, November 6th. The legal version of this piece of content can be read at https://www.truebluetribune.com/2017/11/30/sumitomo-mitsui-trust-holdings-inc-boosts-position-in-enbridge-energy-l-p-eep.html.

Zacks Investment Research upgraded shares of Enbridge Energy Management, L.L.C. (NYSE:EEQ) from a hold rating to a buy rating in a research note issued to investors on Tuesday. If you are viewing this piece of content on another site, it was illegally copied and reposted in violation of U.S. and worldwide copyright & trademark law.

Chief Executive Al Monaco said Enbridge would concentrate on its three "crown jewel" businesses: liquids pipelines and terminals, natural gas transmission and storage and natural gas utilities.

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