Enbridge Energy Management, L.L.C. (NYSE:EEQ) has earned an average rating of “Hold” from the twelve ratings firms that are currently covering the firm. One research analyst has rated the stock with a sell rating, five have issued a hold rating and six have given a buy rating to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $23.75.

A number of equities analysts have recently issued reports on EEQ shares. Ladenburg Thalmann restated a “buy” rating and set a $27.00 price objective on shares of Enbridge Energy Management, L.L.C. in a research report on Tuesday, November 1st. Mizuho restated a “buy” rating and set a $29.00 price objective on shares of Enbridge Energy Management, L.L.C. in a research report on Saturday, October 1st. Zacks Investment Research upgraded Enbridge Energy Management, L.L.C. from a “sell” rating to a “hold” rating and set a $25.00 price objective for the company in a research report on Monday, August 1st. Goldman Sachs Group Inc. restated a “neutral” rating and set a $24.00 price objective (up from $20.00) on shares of Enbridge Energy Management, L.L.C. in a research report on Monday, September 19th. Finally, Credit Suisse Group AG upgraded Enbridge Energy Management, L.L.C. from a “neutral” rating to an “outperform” rating in a research report on Monday, August 1st.

Enbridge Energy Management, L.L.C. (NYSE:EEQ) traded down 0.7183% during midday trading on Tuesday, reaching $23.5397. The company’s stock had a trading volume of 43,387 shares. The firm’s market cap is $1.93 billion. Enbridge Energy Management, L.L.C. has a 52-week low of $13.49 and a 52-week high of $25.60. The firm has a 50 day moving average of $24.01 and a 200 day moving average of $23.00.

The company also recently disclosed a quarterly dividend, which was paid on Monday, November 14th. Shareholders of record on Monday, November 7th were paid a $0.583 dividend. The ex-dividend date was Thursday, November 3rd. This represents a $2.33 dividend on an annualized basis and a yield of 9.84%.

Large investors have recently made changes to their positions in the stock. BlackRock Group LTD boosted its stake in shares of Enbridge Energy Management, L.L.C. by 19.2% in the first quarter. BlackRock Group LTD now owns 52,208 shares of the company’s stock worth $937,000 after buying an additional 8,410 shares during the period. Royal Bank of Canada raised its position in Enbridge Energy Management, L.L.C. by 3.2% in the first quarter. Royal Bank of Canada now owns 767,193 shares of the company’s stock worth $13,770,000 after buying an additional 23,639 shares in the last quarter. First Republic Investment Management Inc. raised its position in Enbridge Energy Management, L.L.C. by 8.5% in the first quarter. First Republic Investment Management Inc. now owns 74,419 shares of the company’s stock worth $1,336,000 after buying an additional 5,842 shares in the last quarter. Integrated Investment Consultants LLC raised its position in Enbridge Energy Management, L.L.C. by 2.8% in the second quarter. Integrated Investment Consultants LLC now owns 23,061 shares of the company’s stock worth $528,000 after buying an additional 618 shares in the last quarter. Finally, Nisa Investment Advisors LLC raised its position in Enbridge Energy Management, L.L.C. by 2.8% in the second quarter. Nisa Investment Advisors LLC now owns 19,901 shares of the company’s stock worth $458,000 after buying an additional 534 shares in the last quarter.

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Enbridge Energy Management, L.L.C. Company Profile

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