Enel Chile S.A. (NYSE:ENIC) Shares Purchased by Cerity Partners LLC

Cerity Partners LLC increased its position in shares of Enel Chile S.A. (NYSE:ENIC) by 13.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 97,660 shares of the utilities provider’s stock after purchasing an additional 11,670 shares during the quarter. Cerity Partners LLC’s holdings in Enel Chile were worth $316,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the stock. AQR Capital Management LLC lifted its holdings in Enel Chile by 408.3% in the third quarter. AQR Capital Management LLC now owns 2,852,008 shares of the utilities provider’s stock valued at $8,442,000 after acquiring an additional 2,290,952 shares during the period. Helikon Investments Ltd increased its position in shares of Enel Chile by 83.1% in the third quarter. Helikon Investments Ltd now owns 1,759,444 shares of the utilities provider’s stock valued at $5,208,000 after buying an additional 798,327 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. increased its position in shares of Enel Chile by 48.0% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,193,678 shares of the utilities provider’s stock valued at $3,533,000 after buying an additional 387,133 shares in the last quarter. Robeco Institutional Asset Management B.V. increased its position in shares of Enel Chile by 541.3% in the third quarter. Robeco Institutional Asset Management B.V. now owns 402,642 shares of the utilities provider’s stock valued at $1,192,000 after buying an additional 339,857 shares in the last quarter. Finally, Legacy Wealth Asset Management LLC purchased a new stake in shares of Enel Chile in the third quarter valued at approximately $533,000. 3.20% of the stock is owned by institutional investors and hedge funds.

Enel Chile Stock Performance

Shares of ENIC opened at $2.97 on Friday. Enel Chile S.A. has a one year low of $2.68 and a one year high of $3.89. The stock has a market capitalization of $4.11 billion, a price-to-earnings ratio of 5.60 and a beta of 1.16. The stock has a 50 day moving average price of $2.97 and a 200 day moving average price of $3.03.

Enel Chile (NYSE:ENIC) last issued its quarterly earnings results on Thursday, February 29th. The utilities provider reported $0.29 EPS for the quarter. Enel Chile had a return on equity of 127.33% and a net margin of 14.69%. The firm had revenue of $1.15 billion during the quarter.

Analyst Ratings Changes

Separately, StockNews.com cut Enel Chile from a “buy” rating to a “hold” rating in a research report on Saturday, February 17th.

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.