Enbridge Energy Management LLC (NYSE:EEQ) is expected to pay $0.58 on Nov 14, 2016. The indicated annual dividend is $2.33. Shareholders owning the stock before Nov 3, 2016 will be eligible to receive the payout. Based on Enbridge Energy Management LLC’s current price of $24.35, the dividend is 2.39%. This dividend’s record date is Nov 7, 2016 and the announcement date is Nov 1, 2016. The stock decreased 0.29% or $0.07 during the last trading session, hitting $24.35. Enbridge Energy Management, L.L.C. (NYSE:EEQ) has risen 35.65% since March 31, 2016 and is uptrending. It has outperformed by 33.13% the S&P500.
Enbridge Energy Management, L.L.C. is a limited partner of Enbridge Energy Partners, L.P. . The company has a market cap of $1.87 billion. The Firm owns i-units, a special class of the Partnership’s limited partner interests. It currently has negative earnings. The Firm manages the business and affairs of the Partnership.
Insitutional Activity: The institutional sentiment decreased to 1.66 in 2016 Q2. Its down 0.95, from 2.61 in 2016Q1. The ratio is negative, as 11 funds sold all Enbridge Energy Management, L.L.C. shares owned while 36 reduced positions. 12 funds bought stakes while 66 increased positions. They now own 57.01 million shares or 4.35% more from 54.63 million shares in 2016Q1.
The Ontario – Canada-based Royal State Bank Of Canada has invested 0.01% in Enbridge Energy Management, L.L.C. (NYSE:EEQ). Moreover, Us Fincl Bank De has 0% invested in Enbridge Energy Management, L.L.C. (NYSE:EEQ) for 2 shares. Veritable Limited Partnership last reported 96,208 shares in the company. Raymond James And Associates owns 13,952 shares or 0% of their US portfolio. Fifth Third Bancorp accumulated 33,957 shares or 0.01% of the stock. Tiaa Cref Fsb Mo has 0.03% invested in the company for 151,309 shares. Brown Advisory holds 31,256 shares or 0% of its portfolio. Teacher Retirement Of Texas accumulated 0% or 8,711 shares. Atlantic Tru Ltd Com owns 20,208 shares or 0% of their US portfolio. Rmsincerbeaux Mngmt accumulated 63,844 shares or 1.51% of the stock. Manufacturers Life Insurance The holds 0% or 2,295 shares in its portfolio. Monetary Mngmt holds 0.01% or 959 shares in its portfolio. Janney Montgomery Scott Ltd Liability has 0.01% invested in the company for 31,432 shares. Amp Invsts accumulated 452,949 shares or 0.07% of the stock. Comml Bank Of America De has invested 0% of its portfolio in Enbridge Energy Management, L.L.C. (NYSE:EEQ).
Enbridge Energy Management, L.L.C. (NYSE:EEQ) Ratings Coverage
Out of 4 analysts covering Enbridge Energy Management LLC (NYSE:EEQ), 1 rate it a “Buy”, 2 “Sell”, while 1 “Hold”. This means 25% are positive. Enbridge Energy Management LLC has been the topic of 7 analyst reports since September 11, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating given on Tuesday, November 1 by Ladenburg Thalmann. The firm earned “Sector Perform” rating on Tuesday, November 3 by RBC Capital Markets. The firm has “Sector Perform” rating given on Thursday, February 18 by RBC Capital Markets. The rating was downgraded by Goldman Sachs to “Sell” on Wednesday, July 20. The stock has “Underweight” rating given by Morgan Stanley on Thursday, February 25.
More news for Enbridge Energy Management, L.L.C. (NYSE:EEQ) were recently published by: Marketwatch.com, which released: “Enbridge Energy Management LLC” on December 21, 2009. Marketwired.com‘s article titled: “Enbridge Energy Partners, L.P. and Enbridge Energy Management, L.L.C. File …” and published on February 17, 2016 is yet another important article.
EEQ Company Profile
Enbridge Energy Management, L.L.C., incorporated on May 14, 2002, is a limited partner of Enbridge Energy Partners, L.P. (the Partnership). The Firm owns i-units, a special class of the Partnership’s limited partner interests.
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