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Mercer Global Advisors Inc. ADV Grows Stock Position in Enel Chile S.A. (NYSE:ENIC)

Defense World ·  Sep 4, 2022 05:21

Mercer Global Advisors Inc. ADV increased its stake in shares of Enel Chile S.A. (NYSE:ENIC – Get Rating) by 49.6% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 31,322 shares of the utilities provider's stock after acquiring an additional 10,380 shares during the period. Mercer Global Advisors Inc. ADV's holdings in Enel Chile were worth $49,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. Renaissance Technologies LLC grew its stake in shares of Enel Chile by 8.4% during the 4th quarter. Renaissance Technologies LLC now owns 2,622,888 shares of the utilities provider's stock worth $4,747,000 after purchasing an additional 203,600 shares during the period. Virtus ETF Advisers LLC grew its position in Enel Chile by 47.4% during the fourth quarter. Virtus ETF Advisers LLC now owns 803,279 shares of the utilities provider's stock valued at $1,454,000 after buying an additional 258,340 shares during the period. Sumitomo Mitsui Trust Holdings Inc. increased its holdings in Enel Chile by 46.0% in the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 774,712 shares of the utilities provider's stock valued at $1,224,000 after buying an additional 244,047 shares in the last quarter. Lesa Sroufe & Co raised its position in shares of Enel Chile by 8.6% in the first quarter. Lesa Sroufe & Co now owns 706,688 shares of the utilities provider's stock worth $1,428,000 after acquiring an additional 56,235 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Enel Chile by 19.1% during the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 422,821 shares of the utilities provider's stock worth $668,000 after acquiring an additional 67,669 shares in the last quarter. 2.60% of the stock is currently owned by hedge funds and other institutional investors.

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Enel Chile Stock Up 3.5 %

NYSE:ENIC opened at $1.78 on Friday. 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 fifty-two week low of $0.98 and a fifty-two week high of $2.65. The company has a fifty day moving average of $1.36 and a two-hundred day moving average of $1.44.

Enel Chile (NYSE:ENIC – Get Rating) last released its earnings results on Wednesday, July 27th. The utilities provider reported ($0.01) EPS for the quarter. The firm had revenue of $1.21 billion for the quarter.

Enel Chile Announces Dividend

The company also recently announced 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 of this dividend was Thursday, May 19th.

Analysts Set New Price Targets

Separately, TheStreet upgraded Enel Chile from a "d+" rating to a "c-" rating in a research note on Tuesday, August 9th.

Enel Chile Company Profile

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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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