Scheer Rowlett & Associates Investment Management LTD Has Decreased Holding in Enbridge (ENB) by $1.75 Million as Share Value Declined; Sumitomo Mitsui Trust Holdings Has Cut General Dynamics (GD) Holding by $2.29 Million; Shares Declined

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Scheer Rowlett & Associates Investment Management Ltd decreased its stake in Enbridge Inc. (ENB) by 5% based on its latest 2018Q3 regulatory filing with the SEC. Scheer Rowlett & Associates Investment Management Ltd sold 54,730 shares as the company’s stock declined 6.96% with the market. The institutional investor held 1.04 million shares of the natural gas distribution company at the end of 2018Q3, valued at $33.50 million, down from 1.09M at the end of the previous reported quarter. Scheer Rowlett & Associates Investment Management Ltd who had been investing in Enbridge Inc. for a number of months, seems to be less bullish one the $72.67 billion market cap company. The stock increased 0.67% or $0.24 during the last trading session, reaching $35.91. About 4.26M shares traded. Enbridge Inc. (NYSE:ENB) has declined 18.34% since February 14, 2018 and is downtrending. It has underperformed by 18.34% the S&P500. Some Historical ENB News: 09/05/2018 – ENBRIDGE INC ENB.TO ENB.N SEES STRONG INTEREST IN SALE OF CANADIAN MIDSTREAM ASSETS THAT COULD FETCH AS MUCH AS C$4.5 BLN ($3.5 BLN); 09/05/2018 – ENBRIDGE INCOME FUND HOLDINGS – TRANSACTION PART OF BROADER DEAL BETWEEN CPPIB, ENBRIDGE INC FOR INTERESTS IN SELECT RENEWABLE POWER GENERATION ASSETS; 24/04/2018 – Enbridge Declares Quarterly Dividends; 18/05/2018 – Enbridge Income Fund Gets Non-Binding Acquisition Offer From Enbridge Inc; 07/03/2018 – ENBRIDGE CEO: SOME EXCEPTIONS TO STEEL TARIFFS SHOULD BE MADE; 07/03/2018 – ENBRIDGE CEO AL MONACO SPEAKS IN INTERVIEW AT CERAWEEK; 17/05/2018 – ENBRIDGE – POST-CLOSING ALL SPONSORED VEHICLE EQUITY SECURITYHOLDERS WOULD HOLD SAME PUBLICLY TRADED EQUITY SECURITY IN STREAMLINED CORPORATE VEHICLE; 27/03/2018 – Enbridge Income Fund, Pembina Pipeline Corp Each Owns 50% of Alliance Pipeline; 05/04/2018 – Kevin Orland: Enbridge is seeking to cut its stake in a German offshore wind project, sources say via @markets by @ahirtens; 10/05/2018 – Enbridge Income Fund 1Q Loss C$184M

Sumitomo Mitsui Trust Holdings Inc decreased its stake in General Dynamics Corp (GD) by 1.34% based on its latest 2018Q3 regulatory filing with the SEC. Sumitomo Mitsui Trust Holdings Inc sold 11,217 shares as the company’s stock declined 12.00% with the market. The institutional investor held 826,366 shares of the marine transportation company at the end of 2018Q3, valued at $169.17 million, down from 837,583 at the end of the previous reported quarter. Sumitomo Mitsui Trust Holdings Inc who had been investing in General Dynamics Corp for a number of months, seems to be less bullish one the $50.08 billion market cap company. The stock increased 0.42% or $0.72 during the last trading session, reaching $173.48. About 1.05M shares traded. General Dynamics Corporation (NYSE:GD) has declined 13.97% since February 14, 2018 and is downtrending. It has underperformed by 13.97% the S&P500. Some Historical GD News: 08/05/2018 – Moody’s Assigns A2 Rating To General Dynamics’ New Unsecured Notes; 07/03/2018 – General Dynamics Board Increases Dividend; 19/03/2018 – General Dynamics Battles for IT Firm Amid Trump Defense Bonanza; 29/05/2018 – Gulfstream lnteriors And Seats Earn Design Awards; 20/03/2018 – GENERAL DYNAMICS & CSRA TO BOOST OFFER PRICE TO $41.25/SHR; 27/03/2018 – GENERAL DYNAMICS SAYS UNDER AGREEMENT WELLS FARGO BANK, NATIONAL ASSOCIATION APPOINTED ADMINISTRATIVE AGENT UNDER 364-DAY CREDIT AGREEMENT-SEC FILING; 20/03/2018 – General Dynamics Boosts CSRA Offer Price to $41.25/Share; 07/03/2018 – Sen. Sanders: Sanders, Warren, Merkley Demand General Dynamics Respect Its Workers; 24/04/2018 – Gulfstream To Expand In Savannah; 25/04/2018 – General Dynamics’ jet delivery delay hurts profit beat

Among 17 analysts covering Enbridge Inc. (NYSE:ENB), 9 have Buy rating, 0 Sell and 8 Hold. Therefore 53% are positive. Enbridge Inc. had 31 analyst reports since August 4, 2015 according to SRatingsIntel. Credit Suisse downgraded the stock to “Neutral” rating in Thursday, February 4 report. The stock of Enbridge Inc. (NYSE:ENB) earned “Buy” rating by Bank of America on Friday, August 17. The firm has “Equal-Weight” rating given on Friday, July 14 by Morgan Stanley. On Friday, June 23 the stock rating was initiated by J.P. Morgan with “Hold”. RBC Capital Markets maintained it with “Outperform” rating and $71 target in Friday, October 9 report. The stock of Enbridge Inc. (NYSE:ENB) earned “Buy” rating by Canaccord Genuity on Monday, March 7. The stock of Enbridge Inc. (NYSE:ENB) has “Outperform” rating given on Tuesday, November 6 by Wells Fargo. The stock of Enbridge Inc. (NYSE:ENB) has “Neutral” rating given on Monday, September 24 by Citigroup. The stock of Enbridge Inc. (NYSE:ENB) has “Neutral” rating given on Wednesday, January 18 by Citigroup. The company was maintained on Friday, July 13 by Morgan Stanley.

More notable recent Enbridge Inc. (NYSE:ENB) news were published by: Fool.ca which released: “Is it Finally Time to Buy Enbridge Inc. (TSX:ENB) Stock? – The Motley Fool Canada” on January 25, 2019, also Seekingalpha.com with their article: “Blast at Enbridge Ohio pipeline lowers gas flows by more than a third – Seeking Alpha” published on January 22, 2019, Fool.ca published: “3 Reasons to Fear High-Yield Stocks | The Motley Fool Canada – The Motley Fool Canada” on February 13, 2019. More interesting news about Enbridge Inc. (NYSE:ENB) were released by: Fool.ca and their article: “2 Reasons Why Enbridge (TSX:ENB) Is a Buy – The Motley Fool Canada” published on January 19, 2019 as well as Fool.com‘s news article titled: “What to Watch When TransCanada Reports Q4 Results – The Motley Fool” with publication date: February 12, 2019.

Analysts await Enbridge Inc. (NYSE:ENB) to report earnings on February, 15. They expect $0.46 earnings per share, down 4.17% or $0.02 from last year’s $0.48 per share. ENB’s profit will be $930.91 million for 19.52 P/E if the $0.46 EPS becomes a reality. After $0.42 actual earnings per share reported by Enbridge Inc. for the previous quarter, Wall Street now forecasts 9.52% EPS growth.

Scheer Rowlett & Associates Investment Management Ltd, which manages about $1.57B US Long portfolio, upped its stake in Canadian Natural Resources Ltd. (NYSE:CNQ) by 96,822 shares to 2.08 million shares, valued at $67.96 million in 2018Q3, according to the filing. It also increased its holding in Crescent Point Energy Corp. (NYSE:CPG) by 138,601 shares in the quarter, for a total of 6.24 million shares, and has risen its stake in Goldcorp Inc. (NYSE:GG).

Since September 14, 2018, it had 2 buys, and 3 insider sales for $19.69 million activity. 3,000 shares valued at $509,612 were bought by Malcolm Mark on Friday, October 26. Reynolds Catherine B also bought $100,585 worth of General Dynamics Corporation (NYSE:GD) on Friday, December 7. The insider Brady Christopher J sold 2,327 shares worth $398,448. Johnson S. Daniel had sold 77,810 shares worth $15.55 million.

Investors sentiment increased to 1.08 in Q3 2018. Its up 0.18, from 0.9 in 2018Q2. It increased, as 57 investors sold GD shares while 286 reduced holdings. 91 funds opened positions while 278 raised stakes. 229.88 million shares or 0.59% more from 228.52 million shares in 2018Q2 were reported. Howe And Rusling accumulated 354 shares or 0.01% of the stock. Zurcher Kantonalbank (Zurich Cantonalbank) reported 16,978 shares or 0.03% of all its holdings. Janney Mngmt Limited holds 0.12% of its portfolio in General Dynamics Corporation (NYSE:GD) for 67,232 shares. Virtu Limited Liability Company owns 3,329 shares for 0% of their portfolio. Aqr Capital Mngmt Limited Liability Company holds 1.84M shares. Dubuque Bankshares And Trust Communication has invested 0.01% of its portfolio in General Dynamics Corporation (NYSE:GD). Coastline Tru stated it has 9,306 shares or 0.27% of all its holdings. Carret Asset Management Limited Liability Corporation holds 4,257 shares. Blackrock reported 17.45M shares. First Eagle Investment Management Lc accumulated 195,836 shares. 24,109 are held by Brinker Capital. Cwm Limited Liability Corp owns 881 shares. Psagot House Limited owns 650 shares. D E Shaw Co Incorporated has invested 0.02% in General Dynamics Corporation (NYSE:GD). Roundview Cap Limited Liability Company accumulated 1,074 shares.

Sumitomo Mitsui Trust Holdings Inc, which manages about $93.03B US Long portfolio, upped its stake in Cvs Health Corp (NYSE:CVS) by 76,995 shares to 3.33M shares, valued at $262.50M in 2018Q3, according to the filing. It also increased its holding in General Mills Inc (NYSE:GIS) by 70,878 shares in the quarter, for a total of 1.85 million shares, and has risen its stake in Cl V.

More recent General Dynamics Corporation (NYSE:GD) news were published by: Nasdaq.com which released: “Reminder – General Dynamics (GD) Goes Ex-Dividend Soon – Nasdaq” on January 15, 2019. Also Streetinsider.com published the news titled: “UPDATE: General Dynamics (GD) awarded three Land C4ISR contracts for Canadian Army valued at $621.5M – StreetInsider.com” on January 30, 2019. Seekingalpha.com‘s news article titled: “General Dynamics Q4 2018 Earnings Preview – Seeking Alpha” with publication date: January 29, 2019 was also an interesting one.

Among 23 analysts covering General Dynamics Corporation (NYSE:GD), 11 have Buy rating, 2 Sell and 10 Hold. Therefore 48% are positive. General Dynamics Corporation had 93 analyst reports since July 31, 2015 according to SRatingsIntel. As per Thursday, April 12, the company rating was maintained by Morgan Stanley. RBC Capital Markets maintained it with “Buy” rating and $220.0 target in Friday, September 15 report. The stock has “Outperform” rating by RBC Capital Markets on Thursday, October 29. On Monday, July 17 the stock rating was maintained by Cowen & Co with “Buy”. The stock of General Dynamics Corporation (NYSE:GD) has “Outperform” rating given on Thursday, July 26 by Credit Suisse. As per Tuesday, December 4, the company rating was maintained by Barclays Capital. The firm earned “Mkt Perform” rating on Wednesday, May 10 by Bernstein. The rating was maintained by Barclays Capital on Monday, May 2 with “Overweight”. The rating was maintained by Bank of America with “Buy” on Thursday, January 25. The stock has “Hold” rating by Deutsche Bank on Monday, December 5.

General Dynamics Corporation (NYSE:GD) Institutional Positions Chart