Stock News

Regent Investment Management Has Decreased Enbridge F (ENB) Holding By $889,328; Korea Fund (KF) Sentiment Is 0.89

Enbridge Inc. (NYSE:ENB) Logo

Regent Investment Management Llc decreased Enbridge Inc F (ENB) stake by 43.72% reported in 2018Q1 SEC filing. Regent Investment Management Llc sold 28,688 shares as Enbridge Inc F (ENB)’s stock declined 7.90%. The Regent Investment Management Llc holds 36,925 shares with $1.16 million value, down from 65,613 last quarter. Enbridge Inc F now has $55.26B valuation. The stock increased 0.47% or $0.15 during the last trading session, reaching $31.85. About 1.27M shares traded. Enbridge Inc. (NYSE:ENB) has declined 20.51% since June 20, 2017 and is downtrending. It has underperformed by 33.08% the S&P500. Some Historical ENB News: ; 09/05/2018 – ENBRIDGE INCOME FUND HOLDINGS INC – UPON CLOSING OF DEAL, FUND WILL UTILIZE PROCEEDS TO REDEEM TRUST UNITS AND PAY BACK DEBT; 17/05/2018 – ENBRIDGE INCOME FUND HOLDINGS INC ENF.TO RISES 5.4 PCT TO C$29.50 AFTER ENBRIDGE ANNOUNCES PROPOSALS TO BUY-IN SPONSORED VEHICLES; 05/04/2018 – BNN: Enbridge said to seek partial sale of German wind farm stake; 09/05/2018 – ENBRIDGE INC – EXPECTS TO RETAIN ITS INTERESTS IN CERTAIN OTHER U.S. RENEWABLE POWER ASSETS, WHICH MAY BE MONETIZED OR SOLD AT A LATER DATE; 18/05/2018 – ENBRIDGE INCOME FUND HOLDINGS MADE COMMITTEE TO REVIEW OFFER; 10/05/2018 – Correction to Enbridge Earnings Review; 07/03/2018 – ENBRIDGE REPORTS EXPIRATION OF NOTES TENDER OFFER BY SPECTRA; 18/05/2018 – Spectra Energy Partners, LP Acknowledges Enbridge Inc. Offer and Establishes a Conflicts Committee; 18/05/2018 – Enbridge Energy Partners Acknowledges Enbridge Inc. Offer and Establishes a Special Committee; 09/04/2018 – SIZE SET: Enbridge C$750m 60NC10 Fxd-to-Floating Rate Sub Notes

Korea Fund Inc (KF) investors sentiment decreased to 0.89 in Q1 2018. It’s down -0.36, from 1.25 in 2017Q4. The ratio turned negative, as 8 investment managers opened new or increased stock positions, while 9 trimmed and sold positions in Korea Fund Inc. The investment managers in our database now hold: 3.57 million shares, down from 3.73 million shares in 2017Q4. Also, the number of investment managers holding Korea Fund Inc in top ten stock positions decreased from 2 to 1 for a decrease of 1. Sold All: 2 Reduced: 7 Increased: 5 New Position: 3.

More notable recent Korea Fund, Inc. (NYSE:The New) news were published by: Time.com which released: “Meet the Next President of the New York Stock Exchange, a 43-Year-Old Former Intern Who Briefly Left to Become a Chef” on May 22, 2018, also Techcrunch.com with their article: “M17 delays IPO debut after pricing this morning on NYSE” published on June 07, 2018, Globenewswire.com published: “StoneMor Partners LP Successfully Completes Amendment to Credit Facility” on June 18, 2018. More interesting news about Korea Fund, Inc. (NYSE:The New) were released by: Globenewswire.com and their article: “Pengrowth Confirms Delisting Notification from NYSE and Announces Plan to Trade on OTCQX” published on June 01, 2018 as well as Fool.com‘s news article titled: “Why This Marijuana Stock Jumped 21% Last Month” with publication date: June 06, 2018.

The stock increased 1.39% or $0.5301 during the last trading session, reaching $38.7001. About 2,511 shares traded. Korea Fund, Inc. (KF) has risen 12.11% since June 20, 2017 and is uptrending. It has underperformed by 0.46% the S&P500.

Among 17 analysts covering Enbridge Inc. (NYSE:ENB), 7 have Buy rating, 0 Sell and 10 Hold. Therefore 41% are positive. Enbridge Inc. had 27 analyst reports since August 4, 2015 according to SRatingsIntel. The firm earned “Neutral” rating on Thursday, September 1 by Bank of America. JP Morgan initiated the stock with “Overweight” rating in Tuesday, December 15 report. Morgan Stanley maintained it with “Equal-Weight” rating and $44 target in Friday, July 14 report. As per Wednesday, March 2, the company rating was reinitiated by BMO Capital Markets. The stock of Enbridge Inc. (NYSE:ENB) earned “Buy” rating by IBC on Tuesday, May 22. The firm earned “Equal-Weight” rating on Friday, November 17 by Morgan Stanley. The rating was initiated by J.P. Morgan with “Hold” on Friday, June 23. The firm has “Neutral” rating by Citigroup given on Wednesday, January 18. The firm has “Outperform” rating by RBC Capital Markets given on Friday, October 9. The stock of Enbridge Inc. (NYSE:ENB) has “Neutral” rating given on Friday, June 23 by JP Morgan.

Regent Investment Management Llc increased Citigroup Inc (NYSE:C) stake by 14,630 shares to 40,860 valued at $2.76 million in 2018Q1. It also upped Williams Companies (NYSE:WMB) stake by 24,295 shares and now owns 111,245 shares. Mylan Nv F (NASDAQ:MYL) was raised too.

Analysts await Enbridge Inc. (NYSE:ENB) to report earnings on August, 2. They expect $0.38 earnings per share, up 26.67% or $0.08 from last year’s $0.3 per share. ENB’s profit will be $659.27 million for 20.95 P/E if the $0.38 EPS becomes a reality. After $0.82 actual earnings per share reported by Enbridge Inc. for the previous quarter, Wall Street now forecasts -53.66% negative EPS growth.

Enbridge Inc. (NYSE:ENB) Ratings Chart

Leave a Reply

Your email address will not be published. Required fields are marked *