Enbridge (ENB) Sees Large Growth in Short Interest

Td Asset Management Inc bought 864,895 shares as the company's stock declined 21.20% with the market.

Mirae Asset Global Investments, which manages about $4.74 billion and $7.47 billion US Long portfolio, upped its stake in Autodesk Inc (NASDAQ:ADSK) by 20,523 shares to 35,275 shares, valued at $3.70 million in 2017Q4, according to the filing. Enbridge Inc now has $51.33 billion valuation. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $43.67. Now the institutional investor is holding 9.79 million shares, compared to the 10.10 million from the previous quarter. Enbridge Inc. (TSE:ENB) has 0.00% since April 30, 2017 and is. It has underperformed by 37.68% the S&P500.

Among 8 analysts covering CAE Inc. Zacks Investment Research downgraded shares of Enbridge from a "hold" rating to a "sell" rating in a research report on Thursday. Therefore 46% are positive. CAE Inc. had 33 analyst reports since November 5, 2015 according to SRatingsIntel. On Tuesday, September 6 the stock rating was initiated by JP Morgan with "Neutral". TD Securities has "Buy" rating and $64 target. The company was maintained on Tuesday, March 8 by Credit Suisse. (NYSE:ENB) on Thursday, September 1 with "Neutral" rating. That is 11.63 % up compareed to $0.43 earnings per share for previous year. About 798,585 shares traded. M.D.C. Holdings, Inc. (NYSE:MDC) has risen 1.65% since May 1, 2017 and is uptrending. Enbridge had a net margin of 11.00% and a return on equity of 6.04%. The company was maintained on Friday, February 12 by Topeka Capital Markets. It has a 24.24 P/E ratio. The Company also has worldwide operations and a growing involvement in the natural gas transmission and midstream businesses.

Investors sentiment decreased to 1.19 in 2017 Q4. 17 funds opened positions while 53 raised stakes. (NYSE:ICE) to report earnings on May, 3 before the open. Wells Fargo And Com Mn reported 161,604 shares or 0% of all its holdings. Commerzbank Aktiengesellschaft Fi has 48,401 shares for 0.01% of their portfolio. Following the sale, the director now directly owns 56,245 shares in the company, valued at approximately $1,912,330. 1832 Asset Mgmt Lp owns 371,362 shares or 0.02% of their USA portfolio. Moreover, Wetherby Asset Incorporated has 0.04% invested in CAE Inc.


Among 16 analysts covering Enbridge Inc. Three equities research analysts have rated the stock with a sell rating, six have issued a hold rating and one has assigned a buy rating to the company. Therefore 0 are positive. According to today's trading volume Enbridge Inc.is BELOW its 20-Day Avg. volume with the stock showing ABOVE Abnormal volume in the past 150 days. (NYSE:ENB) rating on Friday, July 14. The rating was maintained by Wolfe Research on Monday, May 15 with "Market Perform". As a distributor of energy, Enbridge owns and operates Canada's largest natural gas distribution company, and provides distribution services in Ontario, Quebec, New Brunswick and New York State. The firm earned "Buy" rating on Wednesday, November 11 by Wunderlich. Credit Suisse maintained the stock with "Outperform" rating in Tuesday, March 14 report. Rare Infrastructure Ltd who had been investing in Enbridge Inc for a number of months, seems to be bullish on the $50.53B market cap company.

Enbridge (NYSE:ENB) (TSE:ENB) last issued its quarterly earnings data on Friday, February 16th. BMO Capital Markets initiated the shares of ENB in report on Friday, October 23 with "Outperform" rating. (NYSE:ENB) has "Outperform" rating given on Wednesday, March 2 by BMO Capital Markets.

Analysts await Enbridge Inc. (NYSE:ENB) to report $0.48 EPS on May, 10.They anticipate $0.05 EPS change or 11.63% from last quarter's $0.43 EPS.

For the current quarter, 9 analysts are projecting a mean EPS of $0.44/share. ENB's profit could hit $813.89 million with 15.77 P/E in case $0.48 earnings per share is revealed.

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