Edgemoor Investment Advisors Lifted Enbridge (ENB) Holding; Inovalon Holdings – Class A (INOV) SI Decreased By 0.8%

April 18, 2018 - By wolcottdaily

Enbridge Inc. (NYSE:ENB) Logo

Inovalon Holdings Inc – Class A (NASDAQ:INOV) had a decrease of 0.8% in short interest. INOV’s SI was 7.68 million shares in April as released by FINRA. Its down 0.8% from 7.74M shares previously. With 736,300 avg volume, 10 days are for Inovalon Holdings Inc – Class A (NASDAQ:INOV)’s short sellers to cover INOV’s short positions. The SI to Inovalon Holdings Inc – Class A’s float is 12.53%. The stock increased 2.88% or $0.3 during the last trading session, reaching $10.7. About 424,466 shares traded. Inovalon Holdings, Inc. (NASDAQ:INOV) has declined 14.88% since April 18, 2017 and is downtrending. It has underperformed by 26.43% the S&P500.

Edgemoor Investment Advisors Inc increased Enbridge Inc (ENB) stake by 18.91% reported in 2017Q4 SEC filing. Edgemoor Investment Advisors Inc acquired 32,488 shares as Enbridge Inc (ENB)’s stock declined 21.20%. The Edgemoor Investment Advisors Inc holds 204,311 shares with $8.13 million value, up from 171,823 last quarter. Enbridge Inc now has $54.05 billion valuation. The stock increased 1.20% or $0.39 during the last trading session, reaching $32.98. About 3.25 million shares traded. Enbridge Inc. (NYSE:ENB) has declined 26.13% since April 18, 2017 and is downtrending. It has underperformed by 37.68% the S&P500.

Inovalon Holdings, Inc., a technology company, provides cloud platforms empowering a data-driven transformation from volume to value models throughout the healthcare industry. The company has market cap of $1.55 billion. The firm through, large-scale data interconnectivity capabilities, unparalleled proprietary data sets, advanced analytics, data-driven intervention systems, and industry-leading subject matter expertise, enables the assessment and improvement of clinical and quality outcomes, and financial performance across the healthcare ecosystem. It has a 44.96 P/E ratio. It serves health plans and well-known provider organizations, as well as pharmaceutical, medical device, and diagnostics companies.

Among 11 analysts covering Inovalon Holdings Inc (NASDAQ:INOV), 1 have Buy rating, 3 Sell and 7 Hold. Therefore 9% are positive. Inovalon Holdings Inc had 25 analyst reports since August 6, 2015 according to SRatingsIntel. The stock of Inovalon Holdings, Inc. (NASDAQ:INOV) has “Neutral” rating given on Thursday, August 4 by Goldman Sachs. The rating was maintained by Piper Jaffray on Wednesday, February 21 with “Sell”. Robert W. Baird maintained Inovalon Holdings, Inc. (NASDAQ:INOV) on Friday, October 13 with “Hold” rating. KeyBanc Capital Markets downgraded Inovalon Holdings, Inc. (NASDAQ:INOV) on Tuesday, December 20 to “Sector Weight” rating. First Analysis initiated Inovalon Holdings, Inc. (NASDAQ:INOV) rating on Tuesday, October 25. First Analysis has “Equal-Weight” rating and $14 target. KeyBanc Capital Markets maintained the stock with “Hold” rating in Tuesday, September 12 report. The rating was maintained by Robert W. Baird on Tuesday, September 12 with “Hold”. William Blair maintained the shares of INOV in report on Tuesday, August 25 with “Buy” rating. Wells Fargo maintained Inovalon Holdings, Inc. (NASDAQ:INOV) rating on Wednesday, February 21. Wells Fargo has “Market Perform” rating and $14 target. The rating was maintained by KeyBanc Capital Markets with “Overweight” on Tuesday, August 16.

Among 16 analysts covering Enbridge Inc. (NYSE:ENB), 6 have Buy rating, 0 Sell and 10 Hold. Therefore 38% are positive. Enbridge Inc. had 25 analyst reports since August 4, 2015 according to SRatingsIntel. Wolfe Research maintained the stock with “Market Perform” rating in Monday, May 15 report. The rating was maintained by Morgan Stanley with “Equal-Weight” on Friday, November 17. Credit Suisse maintained the stock with “Outperform” rating in Tuesday, March 14 report. The stock of Enbridge Inc. (NYSE:ENB) earned “Equal-Weight” rating by Morgan Stanley on Friday, March 23. The stock of Enbridge Inc. (NYSE:ENB) earned “Hold” rating by J.P. Morgan on Friday, June 23. Bank of America initiated the shares of ENB in report on Thursday, September 1 with “Neutral” rating. The stock has “Equal-Weight” rating by Morgan Stanley on Friday, February 9. On Monday, March 7 the stock rating was initiated by Canaccord Genuity with “Buy”. The company was downgraded on Wednesday, July 20 by Goldman Sachs. On Monday, April 3 the stock rating was maintained by Wells Fargo with “Market Perform”.

Edgemoor Investment Advisors Inc decreased 3M Co (NYSE:MMM) stake by 2,394 shares to 87,559 valued at $21.43M in 2017Q4. It also reduced Bb&T Corp (NYSE:BBT) stake by 25,720 shares and now owns 6,858 shares. United Rentals Inc (NYSE:URI) was reduced too.

Inovalon Holdings, Inc. (NASDAQ:INOV) Ratings Chart

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