Shares of Enbridge Energy Management, L.L.C. (NYSE:EEQ) were up 2% on Tuesday . The stock traded as high as $23.91 and last traded at $23.90, with a volume of 282,225 shares trading hands. The stock had previously closed at $23.44.

Several analysts recently weighed in on EEQ shares. Zacks Investment Research cut shares of Enbridge Energy Management, L.L.C. from a “hold” rating to a “strong sell” rating in a report on Tuesday, April 19th. Piper Jaffray Cos. reaffirmed a “neutral” rating on shares of Enbridge Energy Management, L.L.C. in a report on Saturday, April 2nd. Two investment analysts have rated the stock with a sell rating and seven have issued a hold rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $23.88.

The firm’s market cap is $1.87 billion. The company’s 50-day moving average price is $22.51 and its 200 day moving average price is $19.38.

Other institutional investors have added to or reduced their stakes in the company. R.M.SINCERBEAUX Capital Management LLC boosted its position in Enbridge Energy Management, L.L.C. by 2.1% in the fourth quarter. R.M.SINCERBEAUX Capital Management LLC now owns 59,986 shares of the company’s stock valued at $1,339,000 after buying an additional 1,261 shares during the period. SFE Investment Counsel raised its stake in Enbridge Energy Management, L.L.C. by 117.1% in the fourth quarter. SFE Investment Counsel now owns 69,964 shares of the company’s stock valued at $1,562,000 after buying an additional 37,730 shares in the last quarter. Morgan Stanley raised its stake in Enbridge Energy Management, L.L.C. by 14.5% in the fourth quarter. Morgan Stanley now owns 1,622,331 shares of the company’s stock valued at $36,226,000 after buying an additional 206,009 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its stake in Enbridge Energy Management, L.L.C. by 370.6% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 126,913 shares of the company’s stock valued at $2,834,000 after buying an additional 99,947 shares in the last quarter. Finally, Everett Harris & Co. CA raised its stake in Enbridge Energy Management, L.L.C. by 17.6% in the fourth quarter. Everett Harris & Co. CA now owns 266,039 shares of the company’s stock valued at $5,941,000 after buying an additional 39,866 shares in the last quarter.

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