Fmr LLC Lowers Holdings in Enbridge Inc (NYSE:ENB)

Mae Love
October 1, 2017

Sandler Capital Management owns 337,576 shares or 1.49% of their U.S. portfolio. It has underperformed by 9.80% the S&P500. Bradley Foster & Sargent Inc acquired 16,883 shares as Enbridge Inc (ENB)'s stock declined 5.78%. The Toronto Dominion Bank holds 119,500 shares with $4.76 million value, down from 335,300 last quarter. Enbridge Inc now has $67.57B valuation. The stock increased 0.70% or $0.29 on September 28, reaching $41.53. About 228,812 shares traded. More interesting news about Enbridge Inc (USA) (NYSE:ENB) were released by: Fool.ca and their article: "Which Stock Is Better for Dividend Investors: Enbridge Inc. or Suncor Energy Inc.?" published on September 13, 2017 as well as Fool.ca's news article titled: "TFSA Income Investors: Is Enbridge Inc. or BCE Inc". It has underperformed by 17.10% the S&P500. Capital World Investors increased its position in shares of Enbridge by 14.9% in the third quarter. Its down 0.10, from 1.25 in 2017Q1. 80 funds opened positions while 110 raised stakes. Manufacturers Life Ins The stated it has 0% in Pacific Mercantile Bancorp (NASDAQ:PMBC). Cadence Mngmt Limited Liability Co, a Massachusetts-based fund reported 74,917 shares. Scout Investments has invested 0.18% of its portfolio in NVR, Inc. Deutsche Bancorporation Ag stated it has 0% in Pacific Mercantile Bancorp (NASDAQ:PMBC). Moreover, Midas Management Corp has 1.4% invested in the company for 65,000 shares. Creative Planning owns 939 shares or 0.01% of their USA portfolio. 2,000 were accumulated by Stevens First Principles Advsrs. (NYSE:NVR). Northern Trust Corporation holds 0.02% or 33,922 shares in its portfolio. Teacher Retirement Systems Of Texas has 525 shares for 0.01% of their portfolio. Another trade for 325 shares valued at $742,154 was sold by Grier Eddie Arthur.

Among 2 analysts covering Pacific Mercantile Bancorp (NASDAQ:PMBC), 2 have Buy rating, 0 Sell and 0 Hold. The rating was upgraded by Bank of America on Monday, December 12 to "Buy". They set an "outperform" rating and a $70.00 price target on the stock. As per Friday, May 26, the company rating was maintained by Keefe Bruyette & Woods. Enbridge makes up approximately 4.9% of Bank of Nova Scotia Trust Co.'s holdings, making the stock its 6th biggest position. The company has market cap of $211.06 million. It now has negative earnings. The Company's Homebuilding Mid Atlantic segment operates in various geographic regions, which include Maryland, Virginia, West Virginia, Delaware and Washington, District of Columbia. Enbridge Inc (USA) (NYSE:ENB) has declined 0.40% since September 26, 2016 and is downtrending. ENB's profit will be $593.15M for 28.60 P/E if the $0.36 EPS becomes a reality. During the same period past year, the company posted $0.50 earnings per share. Analysts predict that Enbridge Inc will post $1.81 EPS for the current fiscal year. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. Therefore 40% are positive. Enbridge has a 52 week low of $48.98 and a 52 week high of $59.18. The firm's 50 day moving average price is $41.48 and its 200-day moving average price is $42.48. Enbridge Inc. had 21 analyst reports since August 4, 2015 according to SRatingsIntel. The firm has "Outperform" rating given on Friday, October 9 by RBC Capital Markets. The firm has "Buy" rating given on Monday, March 7 by Canaccord Genuity. The stock of Enbridge Inc (USA) (NYSE:ENB) earned "Equal-Weight" rating by Morgan Stanley on Friday, July 14. The company was initiated on Thursday, September 1 by Bank of America. J.P. Morgan initiated the stock with "Hold" rating in Friday, June 23 report. As per Friday, June 23, the company rating was reinitiated by JP Morgan. BMO Capital Markets reinitiated Enbridge Inc (USA) (NYSE:ENB) on Wednesday, March 2 with "Outperform" rating. Credit Suisse has "Neutral" rating and $54 target.

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