Wall Street analysts predict that Enbridge Energy Management LLC (NYSE:EEQ) will post $0.16 earnings per share for the current quarter, according to Zacks. Zero analysts have provided estimates for Enbridge Energy Management’s earnings. The highest EPS estimate is $0.19 and the lowest is $0.12. The company is scheduled to report its next earnings report on Monday, January 1st.

On average, analysts expect that Enbridge Energy Management will report full year earnings of $0.63 per share for the current year, with EPS estimates ranging from $0.41 to $0.75. For the next fiscal year, analysts expect that the business will report earnings of $0.88 per share, with EPS estimates ranging from $0.58 to $1.04. Zacks’ earnings per share averages are a mean average based on a survey of research firms that cover Enbridge Energy Management.

EEQ has been the subject of several research reports. BidaskClub lowered Enbridge Energy Management from a “sell” rating to a “strong sell” rating in a research report on Friday, July 28th. Zacks Investment Research raised Enbridge Energy Management from a “sell” rating to a “hold” rating in a research report on Wednesday, May 3rd. Royal Bank Of Canada reissued a “hold” rating and issued a $20.00 target price on shares of Enbridge Energy Management in a research report on Friday, April 28th. Finally, Morgan Stanley lowered Enbridge Energy Management from an “overweight” rating to an “equal weight” rating and decreased their target price for the stock from $21.58 to $19.00 in a research report on Thursday, June 15th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and five have given a buy rating to the stock. Enbridge Energy Management presently has a consensus rating of “Hold” and a consensus target price of $23.86.

Shares of Enbridge Energy Management (NYSE EEQ) traded down 1.37% during midday trading on Wednesday, reaching $14.44. The company’s stock had a trading volume of 304,390 shares. Enbridge Energy Management has a 52-week low of $14.13 and a 52-week high of $24.78. The stock has a 50-day moving average price of $15.38 and a 200-day moving average price of $17.49. The stock’s market cap is $1.24 billion.

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Great West Life Assurance Co. Can raised its position in Enbridge Energy Management by 2.0% in the second quarter. Great West Life Assurance Co. Can now owns 8,936 shares of the oil and gas producer’s stock worth $137,000 after buying an additional 171 shares during the period. Virginia Retirement Systems ET AL raised its position in Enbridge Energy Management by 1.9% in the second quarter. Virginia Retirement Systems ET AL now owns 12,659 shares of the oil and gas producer’s stock worth $195,000 after buying an additional 241 shares during the period. Buckingham Asset Management LLC raised its position in Enbridge Energy Management by 2.6% in the first quarter. Buckingham Asset Management LLC now owns 10,418 shares of the oil and gas producer’s stock worth $192,000 after buying an additional 264 shares during the period. Chicago Partners Investment Group LLC raised its position in Enbridge Energy Management by 2.6% in the first quarter. Chicago Partners Investment Group LLC now owns 11,213 shares of the oil and gas producer’s stock worth $207,000 after buying an additional 284 shares during the period. Finally, Homrich & Berg raised its position in Enbridge Energy Management by 2.6% in the first quarter. Homrich & Berg now owns 12,832 shares of the oil and gas producer’s stock worth $236,000 after buying an additional 325 shares during the period. 78.66% of the stock is owned by institutional investors.

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