Natixis Advisors LLC Increases Holdings in Enel Chile S.A. (NYSE:ENIC)

Natixis Advisors LLC boosted its stake in shares of Enel Chile S.A. (NYSE:ENIC) by 43.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 290,531 shares of the utilities provider’s stock after buying an additional 87,773 shares during the period. Natixis Advisors LLC’s holdings in Enel Chile were worth $811,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the stock. Creative Planning lifted its holdings in Enel Chile by 3.8% during the second quarter. Creative Planning now owns 118,042 shares of the utilities provider’s stock worth $331,000 after buying an additional 4,323 shares during the period. Inspire Advisors LLC lifted its holdings in Enel Chile by 9.9% during the third quarter. Inspire Advisors LLC now owns 54,622 shares of the utilities provider’s stock worth $152,000 after buying an additional 4,903 shares during the period. Lesa Sroufe & Co lifted its holdings in Enel Chile by 0.8% during the second quarter. Lesa Sroufe & Co now owns 700,000 shares of the utilities provider’s stock worth $1,960,000 after buying an additional 5,852 shares during the period. Wealthstream Advisors Inc. purchased a new stake in Enel Chile during the second quarter worth $29,000. Finally, Sumitomo Mitsui Trust Holdings Inc. lifted its holdings in Enel Chile by 2.7% during the second quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 417,347 shares of the utilities provider’s stock worth $1,169,000 after buying an additional 11,000 shares during the period. Hedge funds and other institutional investors own 3.20% of the company’s stock.

Enel Chile Trading Up 0.7 %

Shares of ENIC stock opened at $2.69 on Thursday. The business’s fifty day simple moving average is $2.74 and its 200-day simple moving average is $2.80. The company has a market cap of $3.72 billion, a PE ratio of 4.38 and a beta of 1.16. Enel Chile S.A. has a 12-month low of $2.51 and a 12-month high of $3.53.

Analysts Set New Price Targets

ENIC has been the topic of a number of recent analyst reports. StockNews.com raised Enel Chile from a “hold” rating to a “buy” rating in a research report on Friday, August 9th. Scotiabank downgraded Enel Chile from a “sector outperform” rating to a “sector perform” rating and set a $3.90 price target on the stock. in a research report on Friday, November 22nd.

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.