Walleye Capital LLC reduced its holdings in shares of Enel Chile S.A. (NYSE:ENIC - Free Report) by 24.0% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 278,877 shares of the utilities provider's stock after selling 87,948 shares during the period. Walleye Capital LLC's holdings in Enel Chile were worth $803,000 at the end of the most recent quarter.
Several other hedge funds also recently bought and sold shares of ENIC. JPMorgan Chase & Co. grew its stake in Enel Chile by 56.1% in the fourth quarter. JPMorgan Chase & Co. now owns 1,256,695 shares of the utilities provider's stock worth $3,619,000 after purchasing an additional 451,482 shares in the last quarter. Helikon Investments Ltd lifted its holdings in shares of Enel Chile by 14.7% in the 4th quarter. Helikon Investments Ltd now owns 2,112,723 shares of the utilities provider's stock worth $6,085,000 after buying an additional 270,545 shares during the period. Lingohr Asset Management GmbH purchased a new position in shares of Enel Chile during the fourth quarter valued at $682,000. Stifel Financial Corp raised its holdings in shares of Enel Chile by 644.7% in the third quarter. Stifel Financial Corp now owns 208,509 shares of the utilities provider's stock valued at $582,000 after acquiring an additional 180,509 shares in the last quarter. Finally, Brandes Investment Partners LP lifted its stake in Enel Chile by 2.7% in the fourth quarter. Brandes Investment Partners LP now owns 5,707,753 shares of the utilities provider's stock worth $16,438,000 after acquiring an additional 152,430 shares during the period. Institutional investors own 3.20% of the company's stock.
Enel Chile Price Performance
ENIC stock remained flat at $3.44 during trading on Friday. The company had a trading volume of 456,690 shares, compared to its average volume of 499,719. The company has a market capitalization of $4.76 billion, a P/E ratio of 5.64 and a beta of 0.99. The company's 50 day moving average price is $3.30 and its 200 day moving average price is $3.02. Enel Chile S.A. has a 12 month low of $2.51 and a 12 month high of $3.50.
Analyst Upgrades and Downgrades
Separately, StockNews.com cut shares of Enel Chile from a "buy" rating to a "hold" rating in a research report on Monday, March 3rd.
View Our Latest Stock Report on Enel Chile
Enel Chile Company 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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