XTX Topco Ltd Sells 28,940 Shares of Enel Chile S.A. (NYSE:ENIC)

XTX Topco Ltd decreased its holdings in shares of Enel Chile S.A. (NYSE:ENIC) by 73.0% in the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 10,678 shares of the utilities provider’s stock after selling 28,940 shares during the period. XTX Topco Ltd’s holdings in Enel Chile were worth $35,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Carrera Capital Advisors boosted its stake in Enel Chile by 2,729.3% in the 1st quarter. Carrera Capital Advisors now owns 472,381 shares of the utilities provider’s stock worth $1,545,000 after purchasing an additional 455,685 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in Enel Chile by 51.8% in the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 791,481 shares of the utilities provider’s stock valued at $2,588,000 after acquiring an additional 270,000 shares during the period. Advisors Preferred LLC raised its holdings in Enel Chile by 2,767.7% in the 1st quarter. Advisors Preferred LLC now owns 255,110 shares of the utilities provider’s stock valued at $878,000 after acquiring an additional 246,214 shares during the period. Victory Capital Management Inc. raised its holdings in Enel Chile by 24.1% in the 1st quarter. Victory Capital Management Inc. now owns 326,958 shares of the utilities provider’s stock valued at $1,069,000 after acquiring an additional 63,462 shares during the period. Finally, Ballentine Partners LLC increased its holdings in shares of Enel Chile by 17.3% during the first quarter. Ballentine Partners LLC now owns 46,924 shares of the utilities provider’s stock worth $153,000 after purchasing an additional 6,937 shares during the period. Institutional investors own 3.20% of the company’s stock.

Enel Chile Stock Up 0.6%

Shares of ENIC opened at $3.40 on Friday. Enel Chile S.A. has a 12 month low of $2.51 and a 12 month high of $4.05. The firm’s 50 day moving average is $3.43 and its 200-day moving average is $3.42.

Enel Chile (NYSE:ENIC) last posted its quarterly earnings results on Tuesday, July 29th. The utilities provider reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.08 by ($0.03). The firm had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.18 billion. Enel Chile had a return on equity of 2.53% and a net margin of 3.50%. As a group, research analysts anticipate that Enel Chile S.A. will post 0.45 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have recently commented on ENIC shares. Citigroup cut shares of Enel Chile from a “strong-buy” rating to a “hold” rating in a report on Friday, July 18th. Wall Street Zen cut shares of Enel Chile from a “buy” rating to a “hold” rating in a report on Saturday, August 2nd.

About Enel Chile

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.