Brandes Investment Partners LP trimmed its position in shares of Enel Chile S.A. (NYSE:ENIC - Free Report) by 5.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,639,316 shares of the utilities provider's stock after selling 207,616 shares during the period. Brandes Investment Partners LP owned about 0.26% of Enel Chile worth $10,170,000 as of its most recent SEC filing.
Other large investors also recently modified their holdings of the company. Wealthstream Advisors Inc. purchased a new stake in Enel Chile in the second quarter worth about $29,000. Cubist Systematic Strategies LLC boosted its position in shares of Enel Chile by 1,114,700.0% during the second quarter. Cubist Systematic Strategies LLC now owns 11,148 shares of the utilities provider's stock valued at $31,000 after purchasing an additional 11,147 shares in the last quarter. Inspire Investing LLC purchased a new stake in Enel Chile in the first quarter worth $32,000. International Assets Investment Management LLC purchased a new position in Enel Chile during the first quarter valued at $36,000. Finally, Janiczek Wealth Management LLC boosted its holdings in shares of Enel Chile by 161.9% during the 1st quarter. Janiczek Wealth Management LLC now owns 14,344 shares of the utilities provider's stock valued at $44,000 after buying an additional 8,868 shares in the last quarter. 3.20% of the stock is owned by institutional investors.
Enel Chile Stock Down 0.4 %
NYSE:ENIC traded down $0.01 on Monday, reaching $2.79. 201,077 shares of the stock traded hands, compared to its average volume of 514,085. The company's fifty day simple moving average is $2.73 and its 200 day simple moving average is $2.87. Enel Chile S.A. has a 12 month low of $2.51 and a 12 month high of $3.53. The company has a current ratio of 0.85, a quick ratio of 0.83 and a debt-to-equity ratio of 0.05. The company has a market capitalization of $3.86 billion, a price-to-earnings ratio of 5.37 and a beta of 1.16.
Enel Chile (NYSE:ENIC - Get Free Report) last issued its earnings results on Thursday, July 25th. The utilities provider reported $0.08 EPS for the quarter. Enel Chile had a return on equity of 61.15% and a net margin of 18.01%. The business had revenue of $1.35 billion for the quarter. Equities analysts predict that Enel Chile S.A. will post 0.36 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
Separately, StockNews.com raised shares of Enel Chile from a "hold" rating to a "buy" rating in a research report on Friday, August 9th.
Read Our Latest Report 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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