First Citizens Bank & Trust Co Has Increased By $669,028 Its Xylem (XYL) Stake; 2 Analysts Covering Enbridge Inc. (ENB)

Among 4 analysts covering Enbridge (NYSE:ENB), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Enbridge had 5 analyst reports since February 9, 2018 according to SRatingsIntel. The stock has “Outperform” rating by BMO Capital Markets on Thursday, June 14. IBC maintained it with “Buy” rating and $5700 target in Tuesday, May 22 report. As per Friday, March 23, the company rating was maintained by Morgan Stanley. On Friday, February 9 the stock rating was maintained by Morgan Stanley with “Equal-Weight”. See Enbridge Inc. (NYSE:ENB) latest ratings:

14/06/2018 Broker: BMO Capital Markets Old Rating: Outperform New Rating: Outperform Old Target: $61 New Target: $59 Maintain
22/05/2018 Broker: IBC Rating: Buy New Target: $57.0000 Maintain
29/03/2018 Broker: Mizuho Rating: Neutral Initiates Coverage On
23/03/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $38 New Target: $34 Maintain
09/02/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $41 New Target: $38 Maintain

First Citizens Bank & Trust Co increased Xylem Inc (XYL) stake by 53.38% reported in 2018Q1 SEC filing. First Citizens Bank & Trust Co acquired 8,803 shares as Xylem Inc (XYL)’s stock declined 6.37%. The First Citizens Bank & Trust Co holds 25,293 shares with $1.95M value, up from 16,490 last quarter. Xylem Inc now has $11.93B valuation. The stock decreased 0.11% or $0.07 during the last trading session, reaching $66.33. About 1.16M shares traded. Xylem Inc. (NYSE:XYL) has risen 36.97% since June 29, 2017 and is uptrending. It has outperformed by 24.40% the S&P500. Some Historical XYL News: 10/05/2018 – Xylem Inc. declares first quarter dividend of 21 cents per share; 30/04/2018 – Californians remain concerned about future droughts; Support recycled water as a long-term solution for water security; 01/05/2018 – XYLEM SEES FY ADJ EPS $2.82 TO $2.97, EST. $2.92; 06/03/2018 NY Warn Notices: 3 / 6 / 2018 – Xylem Inc. (Global Financial Shared Services Department) – Finger Lakes Region; 25/04/2018 – Xylem Brings Together Leading Water Industry Experts to Discuss Modernizing Water Infrastructure at May 17th Summit; 22/03/2018 – Xylem calls for improved water resource data collection and sharing on World Water Day 2018; 22/04/2018 – DJ Xylem Inc, Inst Holders, 1Q 2018 (XYL); 01/05/2018 – Xylem 1Q Rev $1.2B; 01/05/2018 – XYLEM 1Q ADJ EPS 51C, EST. 51C; 04/04/2018 – Xylem technology to be used in PureWater Colorado direct potable reuse demonstration project

The stock increased 4.51% or $1.43 during the last trading session, reaching $33.11. About 8.95M shares traded or 131.67% up from the average. Enbridge Inc. (NYSE:ENB) has declined 20.51% since June 29, 2017 and is downtrending. It has underperformed by 33.08% the S&P500. Some Historical ENB News: 24/04/2018 – ENBRIDGE WILL KEEP SEEKING APPROVAL FOR PREFERRED LINE 3 ROUTE; 09/05/2018 – ENBRIDGE FUND TO SELL 49% STAKE IN RENEWABLE POWER ASSETS; 05/04/2018 – MEDIA-Enbridge said to seek partial sale of German wind farm stake – Bloomberg; 18/05/2018 – ENBRIDGE INCOME FUND HOLDINGS MADE COMMITTEE TO REVIEW OFFER; 16/03/2018 – ENBRIDGE INC – SEP ANTICIPATES NO IMPACT IS EXPECTED TO ITS PREVIOUSLY PROVIDED 2018 FINANCIAL GUIDANCE; 27/03/2018 – Enbridge Income Fund, Pembina Pipeline Corp Each Owns 50% of Alliance Pipeline; 18/05/2018 – Enbridge Income Fund Board Establishes Special Panel of Independent Directors to Review Proposal; 24/04/2018 – ENBRIDGE SAYS PREFERRED ROUTE IS BETTER FOR MINNESOTA; 25/04/2018 – ENBRIDGE INC ENB.TO – COMPLETES INITIAL ASSESSMENT OF RECOMMENDATIONS OF MINNESOTA ADMINISTRATIVE LAW JUDGE ON LINE 3 REPLACEMENT PROJECT; 05/04/2018 – BNN: Enbridge said to seek partial sale of German wind farm stake

Enbridge Inc. engages in energy transportation activities in the United States and Canada. The company has market cap of $57.86 billion. It operates through five divisions: Liquids Pipelines, Gas Distribution, Gas Pipelines and Processing, Green Power and Transmission, and Energy Services. It has a 31.35 P/E ratio. The Liquids Pipelines segment operates common carrier and contract crude oil, natural gas liquids , and refined products pipelines and terminals.

More notable recent Enbridge Inc. (NYSE:ENB) news were published by: Seekingalpha.com which released: “Enbridge: Dividend Is Safe” on June 19, 2018, also Seekingalpha.com with their article: “Minnesota regulators question demand for Enbridge Line 3 expansion” published on June 26, 2018, Seekingalpha.com published: “Minnestoa regulators question demand for Enbridge Line 3 expansion” on June 26, 2018. More interesting news about Enbridge Inc. (NYSE:ENB) were released by: Seekingalpha.com and their article: “Enbridge: A Closer Look At The Growth Opportunities” published on June 13, 2018 as well as Bizjournals.com‘s news article titled: “Regulators scrutinize South Texas natural gas pipeline plans” with publication date: June 28, 2018.

Since February 21, 2018, it had 0 buys, and 4 insider sales for $1.52 million activity. The insider CRAWFORD CURTIS J sold 7,500 shares worth $550,395. $21,991 worth of Xylem Inc. (NYSE:XYL) was sold by Brannemo Tomas on Wednesday, February 21.

First Citizens Bank & Trust Co decreased Ubs Ag London Brh (AMU) stake by 98,177 shares to 183,321 valued at $2.77M in 2018Q1. It also reduced Abbott Labs (NYSE:ABT) stake by 26,325 shares and now owns 54,941 shares. Ebay Inc (NASDAQ:EBAY) was reduced too.

Another recent and important Xylem Inc. (NYSE:XYL) news was published by Seekingalpha.com which published an article titled: “Boston Scientific Is A Good Earnings Story – Cramer’s Lightning Round (6/13/18)” on June 14, 2018.

The post First Citizens Bank & Trust Co Has Increased By $669,028 Its Xylem (XYL) Stake; 2 Analysts Covering Enbridge Inc. (ENB) appeared first on Stock Market News | HillCountryTimes | Get it Today.

from
https://www.hillcountrytimes.com/2018/06/29/first-citizens-bank-2-analysts-covering-enbridge-inc-enb/