Published: Sun, April 15, 2018
Finance | By Claude Patterson

Intact Investment Management INC Decreased Stake in Enbridge INC (ENB)


Enbridge Inc. (ENB) negotiated the trading capacity of 1625616 shares and observing the average volume of last three months the stock traded 3542.88K shares.

TSE:ENB traded up C$0.17 during trading hours on Thursday, hitting C$40.39.

In total 2 analysts cover Enbridge Inc Common Stock (NYSE:ENB). ENB underperformed by 37.68% the S&P 500. (OXM) by 2.72% based on its latest 2017Q4 regulatory filing with the SEC. American Express Company (NYSE:AXP) has risen 17.81% since April 12, 2017 and is uptrending. 1St Source Bank who had been investing in Home Depot Inc for a number of months, seems to be less bullish one the $199.19 billion market cap company. About 939,263 shares traded. It has outperformed by 7.41% the S&P500.

Analysts await Walmart Inc. They expect $0.55 EPS, down 54.17% or $0.65 from last year's $1.2 per share. WMT's profit will be $3.30B for 19.20 P/E if the $1.12 EPS becomes a reality. The pipeline company reported $0.48 EPS for the quarter, topping the consensus estimate of $0.42 by $0.06.

Since December 7, 2017, it had 2 buys, and 5 insider sales for $36.57 million activity.

Intact Investment Management Inc manages about $2.49 billion US Long portfolio. For a total of 236,600 shares it increased its holding in Vermilion Energy Inc (NYSE:VET) by 115,500 shares in the quarter, and has risen its stake in Celestica Inc (NYSE:CLS).

Investors sentiment increased to 1.58 in Q4 2017. Also, there are 1 buy, 0 sell and 0 strong sell ratings, collectively assigning a 2.38 average brokerage recommendation. It turned negative, as 68 investors sold WMT shares while 541 reduced holdings. Alliancebernstein Lp holds 0% of its portfolio in Oxford Industries, Inc. Arizona State Retirement System stated it has 0.02% in The Ensign Group, Inc. Camarda Advsr Ltd Liability Com has 4,285 shares. 9,849 were accumulated by Buckingham Cap Mgmt Inc. Assetmark Inc. now owns 5,719 shares of the pipeline company's stock worth $224,000 after purchasing an additional 1,573 shares during the period. Northern Tru owns 18.85 million shares or 0.31% of their USA portfolio. Valeo Financial Advisors LLC purchased a new stake in shares of Enbridge during the 3rd quarter valued at $146,000. Brinker Cap holds 127,134 shares or 0.42% of its portfolio. Gabalex Mgmt Llc owns 400,000 shares for 11.35% of their portfolio. Thrivent For Lutherans holds 144,979 shares or 0.02% of its portfolio. Mycio Wealth Ptnrs Ltd Llc holds 0.17% or 8,446 shares. San Francisco Sentry Invest Group Inc (Ca) invested 0.12% of its portfolio in Walmart Inc. Bessemer Gp Inc holds 0.01% or 13,781 shares.

Among 37 analysts covering Microsoft Corporation (NASDAQ:MSFT), 29 have Buy rating, 2 Sell and 6 Hold. Taking a look at the daily price change trend and size of price movement it is recorded that ENB spotted a positive behavior with drift of 0.16%. On Thursday, May 12 the stock rating was maintained by RBC Capital Markets with "Outperform". The firm has "Buy" rating by Nomura given on Friday, October 21. The company was maintained on Tuesday, October 3 by KeyBanc Capital Markets. The firm has "Buy" rating given on Sunday, February 11 by RBC Capital Markets. Goldman Sachs downgraded Walmart Inc. The stock has "Neutral" rating by Goldman Sachs on Wednesday, July 20. The rating was initiated by JP Morgan on Tuesday, December 15 with "Overweight". The stock of Walmart Inc. The pipeline company reported $0.48 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.42 by $0.06. After $0.85 actual EPS reported by QUALCOMM Incorporated for the previous quarter, Wall Street now forecasts -35.29% negative EPS growth.

Among 16 analysts covering Enbridge Inc. Since November 17, 2017 according to StockzIntelligence Inc Enbridge Inc Common Stock has 4 analyst reports. The firm earned "Neutral" rating on Thursday, February 4 by Credit Suisse. (NYSE:OXM) has "Buy" rating given on Monday, August 28 by FBR Capital. On Friday, March 23 the company was maintained by Morgan Stanley.

Enbridge Inc. (ENB) stock gained attention from Active Investors. In Friday, February 9 report Morgan Stanley maintained it with "Equal-Weight" rating and $38 target. On Friday, March 23 the firm has "Equal-Weight" rating given by Morgan Stanley. On Thursday, September 1 the stock rating was initiated by Bank of America with "Neutral".

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