Raymond James Financial Inc. bought a new stake in Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (NYSE:EDN - Free Report) in the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 20,694 shares of the utilities provider's stock, valued at approximately $888,000.
Several other large investors also recently made changes to their positions in the company. GAMMA Investing LLC grew its stake in Empresa Distribuidora y Comercializadora Norte Sociedad Anónima by 73.7% in the fourth quarter. GAMMA Investing LLC now owns 1,596 shares of the utilities provider's stock valued at $68,000 after acquiring an additional 677 shares during the period. SG Americas Securities LLC bought a new stake in Empresa Distribuidora y Comercializadora Norte Sociedad Anónima during the 4th quarter valued at $101,000. Walleye Capital LLC acquired a new position in Empresa Distribuidora y Comercializadora Norte Sociedad Anónima during the third quarter worth $237,000. Quadrature Capital Ltd bought a new position in shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima in the third quarter valued at $260,000. Finally, ABS Direct Equity Fund LLC acquired a new position in shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima during the fourth quarter valued at about $731,000. 1.64% of the stock is currently owned by institutional investors and hedge funds.
Empresa Distribuidora y Comercializadora Norte Sociedad Anónima Stock Up 13.5 %
Shares of EDN traded up $3.24 on Wednesday, reaching $27.31. The company's stock had a trading volume of 168,061 shares, compared to its average volume of 138,821. Empresa Distribuidora y Comercializadora Norte Sociedad Anónima has a twelve month low of $13.78 and a twelve month high of $51.69. The stock has a market capitalization of $1.24 billion, a PE ratio of 5.31 and a beta of 1.28. The company has a current ratio of 0.82, a quick ratio of 0.69 and a debt-to-equity ratio of 0.15. The firm has a fifty day moving average of $33.98 and a 200-day moving average of $34.45.
Empresa Distribuidora y Comercializadora Norte Sociedad Anónima Profile
(
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.
Further Reading
Before you consider Empresa Distribuidora y Comercializadora Norte Sociedad Anónima, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Empresa Distribuidora y Comercializadora Norte Sociedad Anónima wasn't on the list.
While Empresa Distribuidora y Comercializadora Norte Sociedad Anónima currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
