Connor Clark & Lunn Investment Management Ltd. cut its stake in shares of Enel Chile S.A. (NYSE:ENIC - Free Report) by 6.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,227,457 shares of the utilities provider's stock after selling 83,100 shares during the period. Connor Clark & Lunn Investment Management Ltd. owned about 0.09% of Enel Chile worth $3,535,000 as of its most recent SEC filing.
Several other large investors have also bought and sold shares of ENIC. State Street Corp raised its stake in Enel Chile by 0.6% in the 3rd quarter. State Street Corp now owns 2,933,466 shares of the utilities provider's stock valued at $8,184,000 after acquiring an additional 18,334 shares during the period. Helikon Investments Ltd raised its stake in Enel Chile by 14.7% in the 4th quarter. Helikon Investments Ltd now owns 2,112,723 shares of the utilities provider's stock valued at $6,085,000 after acquiring an additional 270,545 shares during the period. JPMorgan Chase & Co. raised its stake in Enel Chile by 1.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 805,213 shares of the utilities provider's stock valued at $2,247,000 after acquiring an additional 15,250 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in Enel Chile by 10.6% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 521,481 shares of the utilities provider's stock valued at $1,502,000 after acquiring an additional 50,000 shares during the period. Finally, Walleye Capital LLC bought a new stake in Enel Chile in the 3rd quarter valued at about $1,023,000. 3.20% of the stock is currently owned by institutional investors.
Enel Chile Price Performance
ENIC stock traded down $0.06 during mid-day trading on Friday, reaching $3.34. 539,272 shares of the company traded hands, compared to its average volume of 459,996. The company has a market capitalization of $4.61 billion, a P/E ratio of 5.47 and a beta of 1.12. Enel Chile S.A. has a 52-week low of $2.51 and a 52-week high of $3.50. The company has a fifty day moving average price of $3.22 and a 200-day moving average price of $2.92.
Analyst Ratings Changes
A number of equities research analysts recently issued reports on ENIC shares. StockNews.com cut Enel Chile from a "buy" rating to a "hold" rating in a research note on Monday, March 3rd. Scotiabank lowered Enel Chile from a "sector outperform" rating to a "sector perform" rating and set a $3.90 target price for the company. in a report on Friday, November 22nd.
Get Our Latest Stock Analysis on Enel Chile
Enel Chile Profile
(
Free Report)
Enel Chile SA, an electricity utility company, engages in the generation, transmission, and distribution of electricity in Chile. The company operates through Generation, and Distribution and Networks Segments. It generates electricity through various sources, such as hydroelectric, thermal, wind, solar, and geothermal power plants.
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