Goldman Sachs Downgraded Enbridge Inc. (ENB)


Enbridge Inc. (NYSE:ENB) was downgraded by research analysts at Goldman Sachs Group Inc. to a “neutral” rating in a research report issued to clients and investors on Wednesday.

A number of hedge funds and institutional investors have recently added to or reduced their stakes in the company. NN Investment Partners Holdings N.V. raised its position in Enbridge by 0.9% in the second quarter. NN Investment Partners Holdings N.V. now owns 71,445 shares of the company’s stock worth $3,027,000 after buying an additional 604 shares during the last quarter. Independent Portfolio Consultants Inc. raised its position in Enbridge by 4.3% in the first quarter. Independent Portfolio Consultants Inc. now owns 14,837 shares of the company’s stock worth $577,000 after buying an additional 615 shares during the last quarter. Jones Financial Companies Lllp raised its position in Enbridge by 7.9% in the first quarter. Jones Financial Companies Lllp now owns 11,382 shares of the company’s stock worth $443,000 after buying an additional 831 shares during the last quarter. IFP Advisors Inc raised its position in Enbridge by 15.5% in the first quarter. IFP Advisors Inc now owns 6,695 shares of the company’s stock worth $261,000 after buying an additional 899 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its position in Enbridge by 0.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 142,359 shares of the company’s stock worth $4,725,000 after buying an additional 1,050 shares during the last quarter.




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