Duff & Phelps Investment Management Co. raised its stake in shares of EnLink Midstream Partners, LP (NYSE:ENLK) by 5.1% during the second quarter, Holdings Channel reports. The institutional investor owned 1,961,399 shares of the oil and gas producer’s stock after buying an additional 95,000 shares during the period. Duff & Phelps Investment Management Co.’s holdings in EnLink Midstream Partners, were worth $33,265,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in ENLK. Creative Planning raised its position in shares of EnLink Midstream Partners, by 1.7% in the first quarter. Creative Planning now owns 7,442 shares of the oil and gas producer’s stock valued at $136,000 after buying an additional 123 shares in the last quarter. Hollencrest Securities LLC raised its position in shares of EnLink Midstream Partners, by 122.3% in the first quarter. Hollencrest Securities LLC now owns 51,700 shares of the oil and gas producer’s stock valued at $946,000 after buying an additional 28,443 shares in the last quarter. Waldron LP acquired a new position in shares of EnLink Midstream Partners, during the first quarter valued at $549,000. Chickasaw Capital Management LLC raised its position in shares of EnLink Midstream Partners, by 7.1% in the first quarter. Chickasaw Capital Management LLC now owns 5,752,765 shares of the oil and gas producer’s stock valued at $105,276,000 after buying an additional 383,681 shares in the last quarter. Finally, Virtu Financial LLC raised its position in shares of EnLink Midstream Partners, by 62.4% in the first quarter. Virtu Financial LLC now owns 29,425 shares of the oil and gas producer’s stock valued at $538,000 after buying an additional 11,306 shares in the last quarter. Institutional investors and hedge funds own 42.51% of the company’s stock.

Shares of EnLink Midstream Partners, LP (NYSE:ENLK) opened at 15.48 on Friday. EnLink Midstream Partners, LP has a 12-month low of $15.07 and a 12-month high of $19.89. The firm’s market capitalization is $5.38 billion. The firm has a 50-day moving average of $16.69 and a 200 day moving average of $17.59.

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 11th. Stockholders of record on Tuesday, August 1st were paid a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 10.08%. The ex-dividend date of this dividend was Friday, July 28th. EnLink Midstream Partners,’s dividend payout ratio is currently -503.21%.

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Several equities analysts recently weighed in on ENLK shares. Guggenheim started coverage on shares of EnLink Midstream Partners, in a report on Tuesday, April 18th. They issued a “neutral” rating and a $18.00 price objective on the stock. Zacks Investment Research lowered shares of EnLink Midstream Partners, from a “hold” rating to a “sell” rating in a report on Thursday, May 4th. ValuEngine lowered shares of EnLink Midstream Partners, from a “hold” rating to a “sell” rating in a report on Thursday, June 8th. BidaskClub lowered shares of EnLink Midstream Partners, from a “sell” rating to a “strong sell” rating in a report on Saturday, June 10th. Finally, Morgan Stanley lowered shares of EnLink Midstream Partners, from an “overweight” rating to an “equal” rating and cut their price objective for the company from $20.00 to $19.00 in a report on Thursday, June 15th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and five have given a buy rating to the company’s stock. EnLink Midstream Partners, presently has a consensus rating of “Hold” and an average price target of $19.20.

EnLink Midstream Partners, Company Profile

EnLink Midstream Partners, LP is a midstream company. The Company’s business activities are conducted through its subsidiary, EnLink Midstream Operating, LP (the Operating Partnership) and the subsidiaries of the Operating Partnership. The Company operates through five segments: Texas, Oklahoma, Louisiana, Crude and Condensate, and Corporate.

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Institutional Ownership by Quarter for EnLink Midstream Partners, (NYSE:ENLK)

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