Edmond DE Rothschild Holding S.A. purchased a new stake in Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (NYSE:EDN - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 14,840 shares of the utilities provider's stock, valued at approximately $637,000.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in EDN. SG Americas Securities LLC acquired a new position in shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima in the fourth quarter valued at approximately $101,000. BNP Paribas Financial Markets increased its stake in Empresa Distribuidora y Comercializadora Norte Sociedad Anónima by 4,310.4% in the 3rd quarter. BNP Paribas Financial Markets now owns 41,105 shares of the utilities provider's stock valued at $911,000 after buying an additional 40,173 shares during the period. Verde Servicos Internacionais S.A. purchased a new position in Empresa Distribuidora y Comercializadora Norte Sociedad Anónima during the 4th quarter worth $920,000. GAMMA Investing LLC lifted its stake in shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima by 73.7% in the 4th quarter. GAMMA Investing LLC now owns 1,596 shares of the utilities provider's stock worth $68,000 after acquiring an additional 677 shares during the period. Finally, JPMorgan Chase & Co. lifted its stake in shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima by 3.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 79,299 shares of the utilities provider's stock worth $1,757,000 after acquiring an additional 2,610 shares during the period. 1.64% of the stock is owned by hedge funds and other institutional investors.
Empresa Distribuidora y Comercializadora Norte Sociedad Anónima Stock Performance
NYSE EDN traded down $3.04 during trading hours on Friday, hitting $26.68. 124,996 shares of the stock were exchanged, compared to its average volume of 138,238. The company has a quick ratio of 0.69, a current ratio of 0.82 and a debt-to-equity ratio of 0.15. The company has a market cap of $1.21 billion, a price-to-earnings ratio of 5.19 and a beta of 1.28. Empresa Distribuidora y Comercializadora Norte Sociedad Anónima has a 12-month low of $13.78 and a 12-month high of $51.69. The stock has a 50-day moving average of $35.24 and a 200 day moving average of $34.48.
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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