Analysts expect that Enbridge Energy Management LLC (NYSE:EEQ) will report earnings per share (EPS) of $0.17 for the current fiscal quarter, according to Zacks. Zero analysts have provided estimates for Enbridge Energy Management’s earnings. The lowest EPS estimate is $0.12 and the highest is $0.19. The firm is expected to issue its next quarterly earnings results on Monday, January 1st.

According to Zacks, analysts expect that Enbridge Energy Management will report full-year earnings of $0.64 per share for the current fiscal year, with EPS estimates ranging from $0.42 to $0.77. For the next financial year, analysts expect that the company will post earnings of $0.91 per share, with EPS estimates ranging from $0.59 to $1.07. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side research firms that follow Enbridge Energy Management.

Several research firms have issued reports on EEQ. Zacks Investment Research cut shares of Enbridge Energy Management from a “buy” rating to a “hold” rating in a research report on Tuesday. BidaskClub raised shares of Enbridge Energy Management from a “strong sell” rating to a “sell” rating in a research report on Tuesday, June 27th. Morgan Stanley cut shares of Enbridge Energy Management from an “overweight” rating to an “equal weight” rating and lowered their price objective for the company from $21.58 to $19.00 in a research report on Thursday, June 15th. Finally, Royal Bank Of Canada reissued a “hold” rating and issued a $20.00 price objective on shares of Enbridge Energy Management in a research report on Friday, April 28th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and six have given a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $23.86.

Enbridge Energy Management (EEQ) traded up 1.36% during trading on Tuesday, reaching $15.68. 122,850 shares of the company were exchanged. The company’s 50-day moving average price is $16.08 and its 200-day moving average price is $19.15. The stock’s market capitalization is $1.34 billion. Enbridge Energy Management has a 1-year low of $14.45 and a 1-year high of $25.36.

Several large investors have recently bought and sold shares of EEQ. Kayne Anderson Capital Advisors LP raised its stake in Enbridge Energy Management by 10.4% in the first quarter. Kayne Anderson Capital Advisors LP now owns 9,200,546 shares of the oil and gas producer’s stock valued at $169,465,000 after buying an additional 864,464 shares in the last quarter. OppenheimerFunds Inc. raised its stake in Enbridge Energy Management by 2.6% in the first quarter. OppenheimerFunds Inc. now owns 2,635,840 shares of the oil and gas producer’s stock valued at $48,552,000 after buying an additional 66,744 shares in the last quarter. Maple Brown Abbott Ltd raised its stake in Enbridge Energy Management by 38.4% in the first quarter. Maple Brown Abbott Ltd now owns 2,039,735 shares of the oil and gas producer’s stock valued at $37,572,000 after buying an additional 566,456 shares in the last quarter. Vanguard Group Inc. raised its stake in Enbridge Energy Management by 26.4% in the first quarter. Vanguard Group Inc. now owns 942,452 shares of the oil and gas producer’s stock valued at $17,360,000 after buying an additional 196,979 shares in the last quarter. Finally, Bollard Group LLC raised its stake in Enbridge Energy Management by 13.0% in the first quarter. Bollard Group LLC now owns 921,628 shares of the oil and gas producer’s stock valued at $16,976,000 after buying an additional 105,697 shares in the last quarter. Institutional investors and hedge funds own 77.36% of the company’s stock.

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