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Enterprise Products (EPD) Stock Value Declined While Cabot-Wellington Trimmed Holding; Barrick Gold (ABX) Shareholder Northern Cross Trimmed Position by $9.41 Million

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Northern Cross Llc decreased its stake in Barrick Gold Corp (ABX) by 9.69% based on its latest 2017Q4 regulatory filing with the SEC. Northern Cross Llc sold 672,262 shares as the company’s stock declined 13.20% with the market. The institutional investor held 6.27 million shares of the precious metals company at the end of 2017Q4, valued at $90.71 million, down from 6.94 million at the end of the previous reported quarter. Northern Cross Llc who had been investing in Barrick Gold Corp for a number of months, seems to be less bullish one the $15.59 billion market cap company. The stock increased 1.75% or $0.23 during the last trading session, reaching $13.35. About 5.31M shares traded. Barrick Gold Corporation (NYSE:ABX) has declined 35.92% since May 23, 2017 and is downtrending. It has underperformed by 47.47% the S&P500.

Cabot-Wellington Llc decreased its stake in Enterprise Products (EPD) by 6.04% based on its latest 2017Q4 regulatory filing with the SEC. Cabot-Wellington Llc sold 17,601 shares as the company’s stock declined 8.22% with the market. The hedge fund held 273,700 shares of the natural gas distribution company at the end of 2017Q4, valued at $7.26M, down from 291,301 at the end of the previous reported quarter. Cabot-Wellington Llc who had been investing in Enterprise Products for a number of months, seems to be less bullish one the $61.50B market cap company. The stock decreased 0.09% or $0.02 during the last trading session, reaching $28.31. About 2.47M shares traded. Enterprise Products Partners L.P. (NYSE:EPD) has declined 10.03% since May 23, 2017 and is downtrending. It has underperformed by 21.58% the S&P500.

Analysts await Barrick Gold Corporation (NYSE:ABX) to report earnings on July, 25. They expect $0.17 EPS, down 22.73% or $0.05 from last year’s $0.22 per share. ABX’s profit will be $198.49M for 19.63 P/E if the $0.17 EPS becomes a reality. After $0.15 actual EPS reported by Barrick Gold Corporation for the previous quarter, Wall Street now forecasts 13.33% EPS growth.

More recent Barrick Gold Corporation (NYSE:ABX) news were published by: Nasdaq.com which released: “Midas Gold Increases Board Size to Eight & Appoints an Additional Director” on May 22, 2018. Also Seekingalpha.com published the news titled: “Barrick Gold’s (ABX) Presents at Bank of America Merrill Lynch 2018 Global Metals, Mining and Steel Conference …” on May 16, 2018. Seekingalpha.com‘s news article titled: “Barrick Gold Is An Emerging Cash Cow” with publication date: May 09, 2018 was also an interesting one.

Among 24 analysts covering Barrick Gold Corp. (NYSE:ABX), 8 have Buy rating, 1 Sell and 15 Hold. Therefore 33% are positive. Barrick Gold Corp. had 90 analyst reports since August 6, 2015 according to SRatingsIntel. RBC Capital Markets maintained the shares of ABX in report on Monday, September 25 with “Buy” rating. The company was initiated on Tuesday, February 16 by Clarkson Capital. The stock of Barrick Gold Corporation (NYSE:ABX) earned “Hold” rating by BMO Capital Markets on Sunday, October 1. As per Tuesday, September 8, the company rating was maintained by HSBC. The rating was maintained by JP Morgan on Tuesday, March 15 with “Neutral”. The firm earned “Equal Weight” rating on Friday, August 7 by Barclays Capital. As per Thursday, March 15, the company rating was maintained by Deutsche Bank. JP Morgan maintained Barrick Gold Corporation (NYSE:ABX) rating on Wednesday, March 28. JP Morgan has “Neutral” rating and $15 target. On Wednesday, March 23 the stock rating was downgraded by Deutsche Bank to “Hold”. The firm earned “Sell” rating on Friday, May 26 by Berenberg.

Since March 7, 2018, it had 2 insider buys, and 0 sales for $1.10 million activity.

Among 27 analysts covering Enterprise Products Partners LP (NYSE:EPD), 27 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Enterprise Products Partners LP had 60 analyst reports since July 23, 2015 according to SRatingsIntel. The stock of Enterprise Products Partners L.P. (NYSE:EPD) earned “Buy” rating by BMO Capital Markets on Tuesday, August 15. The company was downgraded on Thursday, August 18 by Morgan Stanley. Mitsubishi UFG initiated the shares of EPD in report on Thursday, March 31 with “Overweight” rating. The rating was downgraded by Credit Suisse to “Neutral” on Thursday, March 17. Stifel Nicolaus maintained Enterprise Products Partners L.P. (NYSE:EPD) rating on Thursday, September 14. Stifel Nicolaus has “Buy” rating and $30.0 target. The company was reinitiated on Friday, April 1 by Piper Jaffray. Evercore initiated the stock with “Buy” rating in Friday, September 16 report. On Wednesday, April 25 the stock rating was initiated by JonesTrading with “Buy”. The rating was maintained by Argus Research on Tuesday, November 3 with “Buy”. The stock of Enterprise Products Partners L.P. (NYSE:EPD) earned “Buy” rating by UBS on Friday, March 2.

More recent Enterprise Products Partners L.P. (NYSE:EPD) news were published by: Seekingalpha.com which released: “This Dividend Achiever With A 6.4% Yield Just Posted Record Earnings, Stellar Growth Ahead” on May 15, 2018. Also Investorplace.com published the news titled: “Buy These 3 Dividend Stocks and Avoid This One” on May 23, 2018. Seekingalpha.com‘s news article titled: “Way To Go, Enterprise Products Partners” with publication date: May 02, 2018 was also an interesting one.

Investors sentiment decreased to 0.85 in 2017 Q4. Its down 0.15, from 1 in 2017Q3. It worsened, as 60 investors sold EPD shares while 283 reduced holdings. 73 funds opened positions while 219 raised stakes. 750.14 million shares or 4.26% less from 783.53 million shares in 2017Q3 were reported. Colorado-based Advisors Asset Management Inc has invested 0.02% in Enterprise Products Partners L.P. (NYSE:EPD). Bourgeon Mgmt Ltd owns 112,825 shares for 1.63% of their portfolio. Busey Tru Communications has 28,062 shares. Wade G W & Incorporated accumulated 14,052 shares. Comm State Bank has invested 0.03% in Enterprise Products Partners L.P. (NYSE:EPD). Acg Wealth holds 0.15% or 38,209 shares. Wealthtrust Axiom Lc, a Pennsylvania-based fund reported 31,326 shares. Parsons Cap Incorporated Ri invested in 0.02% or 7,880 shares. Stifel Corp stated it has 0.21% of its portfolio in Enterprise Products Partners L.P. (NYSE:EPD). Deutsche Bancorp Ag holds 8.21 million shares. Telemus Ltd Liability Corporation, Michigan-based fund reported 82,092 shares. Gradient Limited Liability holds 2,748 shares. Albert D Mason Inc owns 67,461 shares. Golub Group Inc Lc stated it has 7,600 shares or 0.02% of all its holdings. Parsec Fin Mngmt, North Carolina-based fund reported 11,216 shares.

Cabot-Wellington Llc, which manages about $846.57M and $164.34M US Long portfolio, upped its stake in Ishares Core Msci Eafe (IEFA) by 23,680 shares to 481,760 shares, valued at $31.84M in 2017Q4, according to the filing.

Enterprise Products Partners L.P. (NYSE:EPD) Institutional Positions Chart

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