Enel Chile S.A. (NYSE:ENIC) Shares Bought by Zurcher Kantonalbank Zurich Cantonalbank

Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of Enel Chile S.A. (NYSE:ENIC) by 23.0% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 397,485 shares of the utilities provider’s stock after acquiring an additional 74,266 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Enel Chile were worth $1,288,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. AQR Capital Management LLC lifted its holdings in shares of Enel Chile by 408.3% in the third quarter. AQR Capital Management LLC now owns 2,852,008 shares of the utilities provider’s stock valued at $8,442,000 after purchasing an additional 2,290,952 shares in the last quarter. Helikon Investments Ltd lifted its holdings in shares of Enel Chile by 83.1% in the third quarter. Helikon Investments Ltd now owns 1,759,444 shares of the utilities provider’s stock valued at $5,208,000 after purchasing an additional 798,327 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. lifted its holdings in shares of Enel Chile by 48.0% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,193,678 shares of the utilities provider’s stock valued at $3,533,000 after purchasing an additional 387,133 shares in the last quarter. Robeco Institutional Asset Management B.V. lifted its holdings in shares of Enel Chile by 541.3% in the third quarter. Robeco Institutional Asset Management B.V. now owns 402,642 shares of the utilities provider’s stock valued at $1,192,000 after purchasing an additional 339,857 shares in the last quarter. Finally, Legacy Wealth Asset Management LLC purchased a new stake in shares of Enel Chile in the third quarter valued at $533,000. Institutional investors and hedge funds own 3.20% of the company’s stock.

Enel Chile Trading Down 1.3 %

Shares of NYSE:ENIC opened at $2.97 on Friday. Enel Chile S.A. has a 1 year low of $2.68 and a 1 year high of $3.89. The business has a fifty day simple moving average of $2.97 and a 200 day simple moving average of $3.03. The firm has a market cap of $4.11 billion, a price-to-earnings ratio of 5.62 and a beta of 1.16.

Enel Chile (NYSE:ENIC) last announced its quarterly earnings data on Thursday, February 29th. The utilities provider reported $0.29 earnings per share (EPS) for the quarter. Enel Chile had a return on equity of 127.33% and a net margin of 14.69%. The business had revenue of $1.15 billion during the quarter.

Analyst Ratings Changes

Separately, StockNews.com lowered Enel Chile from a “buy” rating to a “hold” rating in a report on Saturday, February 17th.

Enel Chile Profile

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.