Albert D. Mason decreased its stake in Enerplus Corp (NYSE:ERF) by 8.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 91,307 shares of the company’s stock after selling 8,487 shares during the period. Albert D. Mason’s holdings in Enerplus Corp were worth $312,000 as of its most recent filing with the SEC.

Separately, Acadian Asset Management increased its position in shares of Enerplus Corp by 13.8% in the fourth quarter. Acadian Asset Management now owns 925,534 shares of the company’s stock valued at $3,165,000 after buying an additional 112,300 shares in the last quarter.

Enerplus Corp (NYSE:ERF) opened at 2.45 on Tuesday. Enerplus Corp has a one year low of $1.84 and a one year high of $13.16. The company’s 50 day moving average price is $3.09 and its 200-day moving average price is $5.12. The stock’s market capitalization is $505.92 million.

Enerplus Corp (NYSE:ERF) last issued its quarterly earnings data on Friday, November 6th. The company reported ($1.42) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.12) by $1.30. The business earned $228.30 million during the quarter, compared to analyst estimates of $263.75 million. During the same quarter in the previous year, the business posted $0.33 EPS. Analysts expect that Enerplus Corp will post ($4.43) earnings per share for the current year.

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, February 16th. Shareholders of record on Monday, February 1st will be given a dividend of $0.0207 per share. The ex-dividend date is Thursday, January 28th. This represents a $0.25 dividend on an annualized basis and a yield of 10.15%.

Several research analysts have commented on the company. RBC Capital raised their target price on Enerplus Corp from $12.00 to $13.00 and gave the stock an “outperform” rating in a research note on Monday, November 9th. Zacks Investment Research raised Enerplus Corp from a “sell” rating to a “hold” rating in a report on Sunday, November 8th. Scotiabank lowered their price target on Enerplus Corp from $14.00 to $10.00 in a report on Tuesday, September 29th. Raymond James began coverage on Enerplus Corp in a report on Friday, December 18th. They issued an “outperform” rating on the stock. Finally, Macquarie cut Enerplus Corp from an “outperform” rating to a “neutral” rating in a report on Friday, January 8th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the company. Enerplus Corp has an average rating of “Hold” and a consensus target price of $11.60.

Enerplus Corporation is a Canada-based energy producer. The Company’s capital program is focused on the development of its crude oil and natural gas core areas of operation, which includes its North Dakota and Montana crude oil assets in the Williston Basin, and its natural gas interests in northeast Pennsylvania. The Company’s oil and natural gas property interests are located in western Canada in the provinces of Alberta, British Columbia and Saskatchewan, and in the United States, primarily in the states of Montana, North Dakota, Pennsylvania and West Virginia. The Company’s properties consist of approximately 42% crude oil and natural gas liquids (NYSE:ERF) and 58% natural gas properties. The Company drilled around 14 wells at Brooks; seven injection wells and seven production wells at Medicine Hat and 27.2 net horizontal wells in the Fort Berthold region. It has around 71 net producing wells in the Marcellus. Enerplus USA is a subsidiary of the Company.

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