EnerNOC, Inc. (ENOC) Stake Increased by Rhumbline Advisers

Rhumbline Advisers grew its holdings in EnerNOC, Inc. (NASDAQ:ENOC) by 5.6% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 34,377 shares of the business services provider’s stock after buying an additional 1,820 shares during the quarter. Rhumbline Advisers owned 0.12% of EnerNOC worth $266,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of ENOC. Longfellow Investment Management Co. LLC purchased a new stake in shares of EnerNOC in the second quarter valued at approximately $2,686,000. Dimensional Fund Advisors LP increased its position in shares of EnerNOC by 11.7% in the first quarter. Dimensional Fund Advisors LP now owns 1,358,931 shares of the business services provider’s stock valued at $8,153,000 after buying an additional 142,450 shares in the last quarter. Vanguard Group Inc. increased its position in shares of EnerNOC by 8.7% in the first quarter. Vanguard Group Inc. now owns 1,235,705 shares of the business services provider’s stock valued at $7,414,000 after buying an additional 98,923 shares in the last quarter. Parametric Portfolio Associates LLC increased its position in shares of EnerNOC by 72.0% in the first quarter. Parametric Portfolio Associates LLC now owns 203,100 shares of the business services provider’s stock valued at $1,219,000 after buying an additional 85,036 shares in the last quarter. Finally, Renaissance Technologies LLC increased its position in shares of EnerNOC by 5.2% in the first quarter. Renaissance Technologies LLC now owns 1,262,200 shares of the business services provider’s stock valued at $7,573,000 after buying an additional 61,862 shares in the last quarter. Institutional investors and hedge funds own 49.66% of the company’s stock.

Shares of EnerNOC, Inc. (NASDAQ:ENOC) opened at 7.65 on Friday. EnerNOC, Inc. has a 12 month low of $4.80 and a 12 month high of $7.78. The company’s 50 day moving average price is $7.61 and its 200 day moving average price is $6.10.

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Several analysts recently commented on the company. Zacks Investment Research cut EnerNOC from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 11th. Needham & Company LLC cut EnerNOC from a “buy” rating to a “hold” rating in a research report on Monday, June 26th. Canaccord Genuity reiterated a “hold” rating and set a $7.67 price target on shares of EnerNOC in a research report on Friday, June 23rd. Raymond James Financial, Inc. reiterated a “market perform” rating on shares of EnerNOC in a research report on Friday, June 23rd. Finally, Robert W. Baird cut EnerNOC from an “outperform” rating to a “neutral” rating and dropped their price target for the stock from $11.00 to $8.00 in a research report on Friday, June 23rd. Five research analysts have rated the stock with a hold rating, EnerNOC presently has a consensus rating of “Hold” and an average price target of $8.56.

About EnerNOC

EnerNOC, Inc is a provider of energy intelligence software (EIS) and demand response solutions. The Company’s EIS provides enterprise solutions, utility solutions and energy procurement solutions. The Company’s EIS offers enterprise customers with a Software-as-a-Service (SaaS) solutions with various areas of functionalities, including energy cost visualization, budgets, forecasts and accruals; project tracking, and demand management.

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Institutional Ownership by Quarter for EnerNOC (NASDAQ:ENOC)

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