Dalton Greiner Hartman Maher & Co. lifted its position in Enerplus Corp (NYSE:ERF) (TSE:ERF) by 19.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 134,348 shares of the oil and natural gas company’s stock after acquiring an additional 22,036 shares during the period. Dalton Greiner Hartman Maher & Co.’s holdings in Enerplus were worth $1,315,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in ERF. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Enerplus by 15.1% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 21,982 shares of the oil and natural gas company’s stock valued at $178,000 after acquiring an additional 2,890 shares during the period. Pacad Investment Ltd. increased its position in shares of Enerplus by 69.0% in the 2nd quarter. Pacad Investment Ltd. now owns 20,108 shares of the oil and natural gas company’s stock valued at $163,000 after acquiring an additional 8,208 shares during the period. Swiss National Bank increased its position in shares of Enerplus by 2.5% in the 2nd quarter. Swiss National Bank now owns 408,155 shares of the oil and natural gas company’s stock valued at $3,312,000 after acquiring an additional 10,100 shares during the period. JPMorgan Chase & Co. increased its position in shares of Enerplus by 53.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 692,789 shares of the oil and natural gas company’s stock valued at $5,625,000 after acquiring an additional 240,997 shares during the period. Finally, Systematic Financial Management LP acquired a new position in shares of Enerplus in the 2nd quarter valued at $1,683,000. 49.72% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Enerplus Corp (ERF) opened at $10.88 on Friday. The firm has a market capitalization of $2,640.00, a PE ratio of 3.30 and a beta of 1.35. The company has a debt-to-equity ratio of 0.41, a quick ratio of 2.04 and a current ratio of 2.04. Enerplus Corp has a 12-month low of $6.52 and a 12-month high of $10.96.

The firm also recently announced a monthly dividend, which will be paid on Monday, January 15th. Stockholders of record on Friday, December 29th will be given a dividend of $0.008 per share. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.88%. The ex-dividend date of this dividend is Thursday, December 28th. Enerplus’s dividend payout ratio (DPR) is presently 2.73%.

ERF has been the topic of several analyst reports. Zacks Investment Research raised Enerplus from a “hold” rating to a “buy” rating and set a $11.00 price target on the stock in a research report on Monday, November 13th. Canaccord Genuity reaffirmed a “buy” rating and set a $16.00 price target on shares of Enerplus in a research report on Thursday, November 9th. Scotiabank reaffirmed a “buy” rating and set a $16.00 price target on shares of Enerplus in a research report on Tuesday, October 10th. ValuEngine raised Enerplus from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. Finally, CIBC initiated coverage on Enerplus in a research report on Wednesday, October 18th. They set a “sector outperform” rating on the stock. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and six have given a buy rating to the stock. Enerplus presently has a consensus rating of “Buy” and a consensus target price of $14.20.

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About Enerplus

Enerplus Corporation is an oil and natural gas company. The Company’s oil and natural gas property interests are located in the United States, primarily in North Dakota, Montana, and Pennsylvania, as well as in western Canada in the provinces of Alberta, British Columbia and Saskatchewan. The Company’s oil and natural gas property interests contains proved plus probable gross reserves of approximately 14.3 million barrels (MMbbls) of light and medium crude oil, 39.0 MMbbls of heavy crude oil, 123 MMbbls of tight oil, 18.1 MMbbls of natural gas liquids (NGLs), 126.3 billion cubic feet (Bcf) of conventional natural gas and 1,002.8 Bcf of shale gas, for a total of approximately 382.5 million barrels of oil equivalent (MMBOE).

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Institutional Ownership by Quarter for Enerplus (NYSE:ERF)

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