William Blair Investment Management LLC acquired a new position in shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (NYSE:EDN - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 116,791 shares of the utilities provider's stock, valued at approximately $5,012,000. William Blair Investment Management LLC owned 0.26% of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently bought and sold shares of the business. GAMMA Investing LLC raised its stake in shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima by 73.7% during the 4th quarter. GAMMA Investing LLC now owns 1,596 shares of the utilities provider's stock worth $68,000 after purchasing an additional 677 shares in the last quarter. SG Americas Securities LLC bought a new position in Empresa Distribuidora y Comercializadora Norte Sociedad Anónima during the fourth quarter valued at approximately $101,000. Walleye Capital LLC acquired a new stake in Empresa Distribuidora y Comercializadora Norte Sociedad Anónima in the third quarter valued at approximately $237,000. Quadrature Capital Ltd bought a new stake in Empresa Distribuidora y Comercializadora Norte Sociedad Anónima in the third quarter worth approximately $260,000. Finally, ABS Direct Equity Fund LLC acquired a new position in shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima during the 4th quarter worth $731,000. Hedge funds and other institutional investors own 1.64% of the company's stock.
Empresa Distribuidora y Comercializadora Norte Sociedad Anónima Stock Up 1.6 %
Shares of EDN stock traded up $0.52 on Monday, hitting $33.61. The company's stock had a trading volume of 189,778 shares, compared to its average volume of 138,009. The stock has a market capitalization of $1.52 billion, a price-to-earnings ratio of 6.54 and a beta of 1.38. Empresa Distribuidora y Comercializadora Norte Sociedad Anónima has a fifty-two week low of $13.78 and a fifty-two week high of $51.69. The firm's fifty day moving average price is $35.98 and its 200-day moving average price is $33.96. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.82 and a quick ratio of 0.69.
Empresa Distribuidora y Comercializadora Norte Sociedad Anónima Company Profile
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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.
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