Envestnet Asset Management Inc. lifted its stake in shares of Enel Chile S.A. (NYSE:ENIC – Get Rating) by 57.6% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 247,488 shares of the utilities provider's stock after acquiring an additional 90,486 shares during the period. Envestnet Asset Management Inc.'s holdings in Enel Chile were worth $391,000 as of its most recent SEC filing.
Several other hedge funds have also modified their holdings of the stock. Veriti Management LLC raised its holdings in shares of Enel Chile by 4.8% during the 1st quarter. Veriti Management LLC now owns 323,822 shares of the utilities provider's stock valued at $512,000 after buying an additional 14,869 shares during the period. National Asset Management Inc. purchased a new stake in shares of Enel Chile during the 1st quarter valued at about $32,000. West Family Investments Inc. purchased a new stake in shares of Enel Chile during the 4th quarter valued at about $53,000. Alps Advisors Inc. raised its holdings in shares of Enel Chile by 14.2% during the 4th quarter. Alps Advisors Inc. now owns 251,368 shares of the utilities provider's stock valued at $455,000 after buying an additional 31,240 shares during the period. Finally, Lesa Sroufe & Co raised its holdings in shares of Enel Chile by 8.6% during the 1st quarter. Lesa Sroufe & Co now owns 706,688 shares of the utilities provider's stock valued at $1,428,000 after buying an additional 56,235 shares during the period. 2.60% of the stock is currently owned by hedge funds and other institutional investors.
Get Enel Chile alerts:Wall Street Analyst Weigh In
Separately, TheStreet upgraded Enel Chile from a "d+" rating to a "c-" rating in a report on Tuesday, August 9th.
Enel Chile Price Performance
ENIC stock opened at $1.70 on Wednesday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.58 and a current ratio of 0.59. Enel Chile S.A. has a 52-week low of $0.98 and a 52-week high of $2.68. The stock's 50 day moving average is $1.34 and its two-hundred day moving average is $1.44.Enel Chile Dividend Announcement
The firm also recently disclosed a Semi-Annual dividend, which was paid on Thursday, June 9th. Shareholders of record on Friday, May 20th were issued a dividend of $0.011 per share. The ex-dividend date was Thursday, May 19th.
Enel Chile Company Profile
(Get Rating)
Enel Chile SA, an electricity utility company, engages in the generation, transmission, and distribution of electricity in Chile. The company operates through Generation Business and Distribution Business segments. It generates electricity through various sources, such as hydroelectric, thermal, wind, solar, and geothermal power plants.
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