Luminus Management Lifted Rio Tinto Plc (RIO) Position By $24.36 Million; Last Week Enable Midstream Partners LP (ENBL) Analysts

September 2, 2017 - By marketbeat

Among 11 analysts covering Enable Midstream Partners (NYSE:ENBL), 5 have Buy rating, 2 Sell and 4 Hold. Therefore 45% are positive. Enable Midstream Partners had 27 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Underweight” rating by Morgan Stanley given on Thursday, February 25. As per Monday, June 20, the company rating was downgraded by Barclays Capital. The firm earned “Equal-Weight” rating on Friday, February 19 by Barclays Capital. RBC Capital Markets maintained Enable Midstream Partners LP (NYSE:ENBL) rating on Monday, June 5. RBC Capital Markets has “Hold” rating and $1800 target. On Wednesday, January 18 the stock rating was initiated by Stifel Nicolaus with “Hold”. The rating was maintained by RBC Capital Markets on Thursday, November 5 with “Sector Perform”. The stock of Enable Midstream Partners LP (NYSE:ENBL) has “Overweight” rating given on Monday, May 23 by JP Morgan. The firm has “Outperform” rating by Wells Fargo given on Wednesday, January 11. The firm has “Sell” rating by Goldman Sachs given on Friday, September 11. The stock of Enable Midstream Partners LP (NYSE:ENBL) earned “Neutral” rating by Citigroup on Friday, June 17. See Enable Midstream Partners LP (NYSE:ENBL) latest ratings:

13/08/2017 Broker: RBC Capital Markets Rating: Hold New Target: $18.0000 Maintain
06/07/2017 Broker: Stifel Nicolaus Rating: Hold New Target: $17.0000 Maintain
05/06/2017 Broker: RBC Capital Markets Rating: Hold New Target: $18.0000 Maintain
08/05/2017 Broker: Credit Suisse Old Rating: Neutral New Rating: Outperform Upgrade

Luminus Management Llc increased Rio Tinto Plc (RIO) stake by 21.64% reported in 2016Q4 SEC filing. Luminus Management Llc acquired 641,004 shares as Rio Tinto Plc (RIO)’s stock declined 9.05%. The Luminus Management Llc holds 3.60 million shares with $138.57 million value, up from 2.96 million last quarter. Rio Tinto Plc now has $89.69B valuation. The stock increased 0.92% or $0.45 on September 1, reaching $49.53. About shares traded. Rio Tinto plc (ADR) (NYSE:RIO) has risen 43.73% since September 2, 2016 and is uptrending. It has outperformed by 27.03% the S&P500.

Among 20 analysts covering Rio Tinto (NYSE:RIO), 14 have Buy rating, 3 Sell and 3 Hold. Therefore 70% are positive. Rio Tinto had 41 analyst reports since August 5, 2015 according to SRatingsIntel. On Thursday, December 1 the stock rating was maintained by Argus Research with “Buy”. The stock has “Sell” rating by Axiom Capital on Thursday, March 31. As per Wednesday, October 7, the company rating was upgraded by Morgan Stanley. The firm has “Underperform” rating given on Thursday, April 14 by CLSA. As per Monday, April 18, the company rating was downgraded by Citigroup. Citigroup upgraded the shares of RIO in report on Thursday, April 20 to “Buy” rating. The stock of Rio Tinto plc (ADR) (NYSE:RIO) has “Overweight” rating given on Tuesday, June 28 by Morgan Stanley. As per Thursday, July 13, the company rating was maintained by Cowen & Co. The firm has “Hold” rating by Jefferies given on Tuesday, August 23. The firm has “Overweight” rating by JP Morgan given on Monday, September 12.

Luminus Management Llc decreased Nrg Yield Inc stake by 151,387 shares to 689,219 valued at $10.59M in 2016Q4. It also reduced Ishares Tr (Put) (EEM) stake by 67,000 shares and now owns 1.45 million shares. Hawaiian Elec Industries (NYSE:HE) was reduced too.

The stock increased 0.87% or $0.13 on September 1, reaching $15.01. About shares traded. Enable Midstream Partners LP (NYSE:ENBL) has risen 21.66% since September 2, 2016 and is uptrending. It has outperformed by 4.96% the S&P500.