Vanguard Personalized Indexing Management LLC Decreases Holdings in Enel Chile S.A. $ENIC

Vanguard Personalized Indexing Management LLC decreased its position in shares of Enel Chile S.A. (NYSE:ENIC) by 7.1% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 77,754 shares of the utilities provider’s stock after selling 5,953 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Enel Chile were worth $282,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of ENIC. GAMMA Investing LLC increased its stake in Enel Chile by 318.6% during the 1st quarter. GAMMA Investing LLC now owns 9,365 shares of the utilities provider’s stock valued at $31,000 after purchasing an additional 7,128 shares in the last quarter. PDS Planning Inc acquired a new position in Enel Chile during the 1st quarter valued at approximately $33,000. Jump Financial LLC acquired a new position in Enel Chile during the 1st quarter valued at approximately $34,000. Johnson Financial Group LLC acquired a new position in Enel Chile during the 1st quarter valued at approximately $35,000. Finally, Inspire Investing LLC increased its stake in Enel Chile by 43.2% during the 1st quarter. Inspire Investing LLC now owns 15,691 shares of the utilities provider’s stock valued at $51,000 after purchasing an additional 4,735 shares in the last quarter. Hedge funds and other institutional investors own 3.20% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on ENIC. Wall Street Zen lowered shares of Enel Chile from a “buy” rating to a “hold” rating in a research note on Saturday, August 2nd. Weiss Ratings restated a “hold (c)” rating on shares of Enel Chile in a research note on Friday. Finally, Citigroup lowered shares of Enel Chile from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 18th. Three investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Enel Chile currently has a consensus rating of “Hold” and an average price target of $3.90.

Enel Chile Stock Performance

ENIC stock opened at $3.88 on Friday. The firm’s fifty day moving average is $3.71 and its 200 day moving average is $3.56. Enel Chile S.A. has a one year low of $2.62 and a one year high of $4.05.

Enel Chile (NYSE:ENIC) last released its quarterly earnings results on Tuesday, July 29th. The utilities provider reported $0.05 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 net margin of 3.50% and a return on equity of 2.53%. As a group, research analysts expect that Enel Chile S.A. will post 0.45 earnings per share for the current fiscal year.

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.