Bb&T Lowered By $634,959 Its Enbridge (ENB) Position; SCHOELLER BLECKMAN OILFLD EQPM ORDINARY (SBOEF) Shorts Raised By 8.89%

May 22, 2018 - By Jonathan Benavides

Enbridge Inc. (NYSE:ENB) Logo

Bb&T Corp decreased Enbridge Inc (ENB) stake by 2.99% reported in 2017Q4 SEC filing. Bb&T Corp sold 16,281 shares as Enbridge Inc (ENB)’s stock declined 21.20%. The Bb&T Corp holds 528,073 shares with $20.65M value, down from 544,354 last quarter. Enbridge Inc now has $54.51 billion valuation. The stock decreased 0.68% or $0.22 during the last trading session, reaching $31.94. About 3.33M shares traded. Enbridge Inc. (NYSE:ENB) has declined 26.13% since May 22, 2017 and is downtrending. It has underperformed by 37.68% the S&P500.

SCHOELLER BLECKMAN OILFLD EQPM ORDINARY (OTCMKTS:SBOEF) had an increase of 8.89% in short interest. SBOEF’s SI was 40,400 shares in May as released by FINRA. Its up 8.89% from 37,100 shares previously. With 100 avg volume, 404 days are for SCHOELLER BLECKMAN OILFLD EQPM ORDINARY (OTCMKTS:SBOEF)’s short sellers to cover SBOEF’s short positions. The SI to SCHOELLER BLECKMAN OILFLD EQPM ORDINARY’s float is 0.38%. It closed at $116.92 lastly. It is down 0.00% since May 22, 2017 and is . It has underperformed by 11.55% the S&P500.

Analysts await Enbridge Inc. (NYSE:ENB) to report earnings on August, 2. They expect $0.38 earnings per share, up 26.67% or $0.08 from last year’s $0.3 per share. ENB’s profit will be $648.57 million for 21.01 P/E if the $0.38 EPS becomes a reality. After $0.82 actual earnings per share reported by Enbridge Inc. for the previous quarter, Wall Street now forecasts -53.66% negative EPS growth.

Bb&T Corp increased Ishares (SCZ) stake by 16,453 shares to 564,977 valued at $36.44M in 2017Q4. It also upped Canadian Imperia (NYSE:CM) stake by 10,443 shares and now owns 19,159 shares. Intel Corp (NASDAQ:INTC) was raised too.

Among 16 analysts covering Enbridge Inc. (NYSE:ENB), 6 have Buy rating, 0 Sell and 10 Hold. Therefore 38% are positive. Enbridge Inc. had 25 analyst reports since August 4, 2015 according to SRatingsIntel. The firm has “Equal-Weight” rating given on Friday, February 9 by Morgan Stanley. The stock has “Market Perform” rating by Wells Fargo on Monday, April 3. On Wednesday, March 2 the stock rating was reinitiated by BMO Capital Markets with “Outperform”. On Friday, March 23 the stock rating was maintained by Morgan Stanley with “Equal-Weight”. The rating was maintained by Morgan Stanley on Friday, July 14 with “Equal-Weight”. The stock of Enbridge Inc. (NYSE:ENB) has “Neutral” rating given on Wednesday, July 20 by Goldman Sachs. The rating was initiated by Bank of America on Thursday, September 1 with “Neutral”. The stock of Enbridge Inc. (NYSE:ENB) has “Neutral” rating given on Tuesday, March 8 by Credit Suisse. Citigroup reinitiated the shares of ENB in report on Wednesday, January 18 with “Neutral” rating. The stock of Enbridge Inc. (NYSE:ENB) earned “Equal-Weight” rating by Morgan Stanley on Friday, November 17.

Enbridge Inc. (NYSE:ENB) Ratings Chart

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