California Public Employees Retirement System increased its position in EnLink Midstream Partners LP (NYSE:ENLK) by 8.5% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 170,772 shares of the oil and gas producer’s stock after buying an additional 13,372 shares during the period. California Public Employees Retirement System’s holdings in EnLink Midstream Partners were worth $2,862,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the stock. Center Coast Capital Advisors LP lifted its stake in EnLink Midstream Partners by 3.4% in the 3rd quarter. Center Coast Capital Advisors LP now owns 14,024,298 shares of the oil and gas producer’s stock worth $235,047,000 after purchasing an additional 461,130 shares in the last quarter. Alps Advisors Inc. lifted its stake in EnLink Midstream Partners by 12.0% in the 3rd quarter. Alps Advisors Inc. now owns 13,257,515 shares of the oil and gas producer’s stock worth $222,196,000 after purchasing an additional 1,417,520 shares in the last quarter. Harvest Fund Advisors LLC lifted its stake in EnLink Midstream Partners by 1.1% in the 3rd quarter. Harvest Fund Advisors LLC now owns 8,137,064 shares of the oil and gas producer’s stock worth $136,377,000 after purchasing an additional 91,895 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in EnLink Midstream Partners by 24.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,141,051 shares of the oil and gas producer’s stock worth $51,607,000 after purchasing an additional 620,380 shares in the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its stake in EnLink Midstream Partners by 6.6% in the 3rd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 2,780,832 shares of the oil and gas producer’s stock worth $46,607,000 after purchasing an additional 171,478 shares in the last quarter. 41.67% of the stock is owned by institutional investors.

Shares of EnLink Midstream Partners LP (ENLK) opened at $17.69 on Tuesday. The company has a current ratio of 0.85, a quick ratio of 0.77 and a debt-to-equity ratio of 0.71. The stock has a market cap of $6,170.00, a PE ratio of -76.91 and a beta of 2.08. EnLink Midstream Partners LP has a 1 year low of $14.43 and a 1 year high of $19.59.

EnLink Midstream Partners (NYSE:ENLK) last announced its earnings results on Tuesday, October 31st. The oil and gas producer reported ($0.01) earnings per share (EPS) for the quarter. EnLink Midstream Partners had a net margin of 0.76% and a return on equity of 1.20%. sell-side analysts anticipate that EnLink Midstream Partners LP will post 0.02 earnings per share for the current fiscal year.

Several brokerages have commented on ENLK. Zacks Investment Research cut shares of EnLink Midstream Partners from a “hold” rating to a “sell” rating in a research note on Tuesday, October 3rd. Bank of America began coverage on shares of EnLink Midstream Partners in a research note on Tuesday, January 9th. They issued a “buy” rating and a $18.00 price target on the stock. Seaport Global Securities began coverage on shares of EnLink Midstream Partners in a research note on Tuesday, October 10th. They issued a “neutral” rating and a $18.00 price target on the stock. Credit Suisse Group began coverage on shares of EnLink Midstream Partners in a research note on Friday, January 5th. They issued a “neutral” rating and a $16.00 price target on the stock. Finally, B. Riley set a $17.00 price target on shares of EnLink Midstream Partners and gave the stock a “neutral” rating in a research note on Monday, December 18th. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating and four have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $18.00.

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EnLink Midstream Partners 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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