Lingohr Asset Management GmbH bought a new position in Enel Chile S.A. (NYSE:ENIC - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund bought 243,000 shares of the utilities provider's stock, valued at approximately $682,000. Enel Chile accounts for 1.4% of Lingohr Asset Management GmbH's investment portfolio, making the stock its 26th biggest position.
Several other large investors have also recently modified their holdings of ENIC. Advisors Preferred LLC bought a new position in shares of Enel Chile during the fourth quarter valued at approximately $25,000. Intelligence Driven Advisers LLC purchased a new position in Enel Chile in the 4th quarter worth about $31,000. Caprock Group LLC bought a new stake in Enel Chile during the 4th quarter valued at about $32,000. Wealthstream Advisors Inc. bought a new position in Enel Chile in the 4th quarter worth about $37,000. Finally, Truist Financial Corp purchased a new position in shares of Enel Chile during the fourth quarter worth approximately $38,000. Institutional investors own 3.20% of the company's stock.
Wall Street Analyst Weigh In
Separately, StockNews.com downgraded Enel Chile from a "buy" rating to a "hold" rating in a report on Monday, March 3rd.
Read Our Latest Stock Analysis on Enel Chile
Enel Chile Stock Up 1.1 %
NYSE:ENIC traded up $0.04 during mid-day trading on Monday, reaching $3.36. The company's stock had a trading volume of 1,076,480 shares, compared to its average volume of 462,554. Enel Chile S.A. has a 1 year low of $2.51 and a 1 year high of $3.50. The firm has a market capitalization of $4.64 billion, a PE ratio of 5.50 and a beta of 1.12. The stock has a fifty day moving average of $3.23 and a 200-day moving average of $2.93.
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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