Enel Chile S.A. (NYSE:ENIC) Shares Purchased by International Assets Investment Management LLC

International Assets Investment Management LLC grew its holdings in Enel Chile S.A. (NYSE:ENIC) by 179.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,832 shares of the utilities provider’s stock after purchasing an additional 21,706 shares during the quarter. International Assets Investment Management LLC’s holdings in Enel Chile were worth $94,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in ENIC. Hantz Financial Services Inc. purchased a new position in Enel Chile during the second quarter worth approximately $786,000. NBC Securities Inc. raised its holdings in shares of Enel Chile by 44.9% during the 3rd quarter. NBC Securities Inc. now owns 69,279 shares of the utilities provider’s stock worth $193,000 after acquiring an additional 21,466 shares during the period. Sumitomo Mitsui Trust Holdings Inc. grew its holdings in shares of Enel Chile by 2.7% in the second quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 417,347 shares of the utilities provider’s stock valued at $1,169,000 after purchasing an additional 11,000 shares during the period. Victory Capital Management Inc. increased its position in Enel Chile by 42.3% during the second quarter. Victory Capital Management Inc. now owns 263,496 shares of the utilities provider’s stock worth $738,000 after purchasing an additional 78,354 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in Enel Chile by 5.7% during the second quarter. Dimensional Fund Advisors LP now owns 527,097 shares of the utilities provider’s stock worth $1,476,000 after purchasing an additional 28,252 shares during the period. 3.20% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

ENIC has been the subject of several recent analyst reports. Scotiabank reduced their target price on Enel Chile from $4.40 to $3.90 and set a “sector outperform” rating on the stock in a research report on Wednesday, October 30th. StockNews.com upgraded shares of Enel Chile from a “hold” rating to a “buy” rating in a report on Friday, August 9th.

Enel Chile Trading Up 2.5 %

Shares of ENIC opened at $2.85 on Friday. The firm’s fifty day simple moving average is $2.72 and its 200-day simple moving average is $2.82. The firm has a market capitalization of $3.94 billion, a price-to-earnings ratio of 4.67 and a beta of 1.16. Enel Chile S.A. has a twelve month low of $2.51 and a twelve month high of $3.53.

Enel Chile Company 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.