As Enbridge INC (ENB) Shares Declined, Shareholder Goelzer Investment Management INC Increased by $3.53 Million Its Stake

June 27, 2018 - By Lena Young

Enbridge Inc. (NYSE:ENB) Corporate Logo

Based on the latest 2018Q1 regulatory filing with the SEC, Goelzer Investment Management Inc rose its stake in Enbridge Inc (ENB) by 69.51%. By buying 114,018 shares Goelzer Investment Management Inc made the stock sank with 7.90%. At the end of 2018Q1, the institutional investor held 278,044 shares of the natural gas distribution company, priced at $8.75 million, up from 164,026 at the end of the previous reported quarter. Goelzer Investment Management Inc has cut its stake in Boeing Co (NYSE:BA) and also reduced its holding in Abbvie Inc (NYSE:ABBV) by 34,504 shares in the quarter, for a total of 44,802 shares.

For more Enbridge Inc. (NYSE:ENB) news released recently go to: Fool.ca, Seekingalpha.com, Seekingalpha.com, Fool.com or Seekingalpha.com. The titles are as follows: “2 Top Dividend Stocks Selling Cheap Equals Opportunity” released on June 27, 2018, “Minnestoa regulators question demand for Enbridge Line 3 expansion” on June 26, 2018, “Enbridge: Dividend Is Safe” with a publish date: June 19, 2018, “2 Top Stocks in the Oil Patch” and the last “Enbridge: A Closer Look At The Growth Opportunities” with publication date: June 13, 2018.

Enbridge Inc. (NYSE:ENB) Ratings Coverage

In total 4 analysts cover Enbridge (NYSE:ENB). “Buy” rating has 2, “Sell” are 0, while 2 are “Hold”. 50% are bullish. With $59 highest and $34 lowest target Enbridge has $50 average target or 55.47% above the current ($32.16) price. 5 are the (NYSE:ENB)’s analyst reports since February 9, 2018 according to StockzIntelligence Inc. On Thursday, June 14 BMO Capital Markets maintained Enbridge Inc. (NYSE:ENB) with “Outperform” rating. The company rating was maintained by IBC on Tuesday, May 22. The stock rating was maintained by Morgan Stanley with “Equal-Weight” on Friday, February 9. On Friday, March 23 Morgan Stanley maintained Enbridge Inc. (NYSE:ENB) with “Equal-Weight” rating.

Enbridge Inc. (NYSE:ENB) Analyst Ratings Chart

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