JPMorgan Chase & Co. Sells 545 Shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (NYSE:EDN)

JPMorgan Chase & Co. reduced its holdings in shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (NYSE:EDN) by 0.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 78,754 shares of the utilities provider’s stock after selling 545 shares during the quarter. JPMorgan Chase & Co. owned about 0.17% of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima worth $3,379,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Banco BTG Pactual S.A. lifted its position in shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima by 3.8% during the fourth quarter. Banco BTG Pactual S.A. now owns 88,200 shares of the utilities provider’s stock worth $4,145,000 after acquiring an additional 3,200 shares in the last quarter. William Blair Investment Management LLC bought a new position in shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima in the fourth quarter valued at approximately $5,012,000. SPX Gestao de Recursos Ltda bought a new stake in Empresa Distribuidora y Comercializadora Norte Sociedad Anónima during the 4th quarter worth approximately $2,938,000. Raymond James Financial Inc. purchased a new stake in shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima in the fourth quarter worth $888,000. Finally, Truxt Investmentos Ltda. purchased a new stake in shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima in the 4th quarter valued at about $1,810,000. 1.64% of the stock is owned by institutional investors.

Empresa Distribuidora y Comercializadora Norte Sociedad Anónima Stock Down 3.4 %

Shares of NYSE EDN opened at $32.50 on Tuesday. The company has a current ratio of 0.82, a quick ratio of 0.69 and a debt-to-equity ratio of 0.15. The business has a 50-day moving average of $32.81 and a 200-day moving average of $35.02. The firm has a market capitalization of $1.47 billion, a price-to-earnings ratio of 6.32 and a beta of 1.28. Empresa Distribuidora y Comercializadora Norte Sociedad Anónima has a 12 month low of $13.78 and a 12 month high of $51.69.

About Empresa Distribuidora y Comercializadora Norte Sociedad Anónima

Empresa Distribuidora y Comercializadora Norte Sociedad Anónima is involved in the distribution and sale of electricity in Argentina. The company was incorporated in 1992 and is based in Buenos Aires, Argentina. Empresa Distribuidora y Comercializadora Norte Sociedad Anónima operates as a subsidiary of Empresa de Energía del Cono Sur SA.