Edmond DE Rothschild Holding S.A. acquired a new position in Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (NYSE:EDN - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 14,840 shares of the utilities provider's stock, valued at approximately $637,000.
A number of other institutional investors have also recently bought and sold shares of EDN. Pictet Asset Management Holding SA increased its holdings in shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima by 81.1% in the 4th quarter. Pictet Asset Management Holding SA now owns 28,003 shares of the utilities provider's stock valued at $1,202,000 after purchasing an additional 12,538 shares during the period. Banco BTG Pactual S.A. lifted its position in Empresa Distribuidora y Comercializadora Norte Sociedad Anónima by 3.8% in the 4th quarter. Banco BTG Pactual S.A. now owns 88,200 shares of the utilities provider's stock worth $4,145,000 after buying an additional 3,200 shares in the last quarter. William Blair Investment Management LLC acquired a new stake in shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima during the 4th quarter valued at $5,012,000. SPX Gestao de Recursos Ltda purchased a new position in shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima during the 4th quarter valued at $2,938,000. Finally, Raymond James Financial Inc. purchased a new position in shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima during the 4th quarter valued at $888,000. 1.64% of the stock is currently owned by institutional investors and hedge funds.
Empresa Distribuidora y Comercializadora Norte Sociedad Anónima Stock Down 1.9 %
Shares of NYSE:EDN traded down $0.58 during midday trading on Thursday, hitting $29.72. 106,195 shares of the stock were exchanged, compared to its average volume of 138,959. The company has a market capitalization of $1.35 billion, a PE ratio of 5.78 and a beta of 1.38. Empresa Distribuidora y Comercializadora Norte Sociedad Anónima has a 52-week low of $13.78 and a 52-week high of $51.69. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.69 and a current ratio of 0.82. The business's fifty day simple moving average is $35.44 and its two-hundred day simple moving average is $34.39.
About Empresa Distribuidora y Comercializadora Norte Sociedad Anónima
(
Free Report)
Empresa Distribuidora y Comercializadora Norte Sociedad Anónima is involved in the distribution and sale of electricity in Argentina. The company was incorporated in 1992 and is based in Buenos Aires, Argentina. Empresa Distribuidora y Comercializadora Norte Sociedad Anónima operates as a subsidiary of Empresa de Energía del Cono Sur SA.
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