Enel Chile S.A. (NYSE:ENIC) Position Increased by Guggenheim Capital LLC

Guggenheim Capital LLC grew its position in Enel Chile S.A. (NYSE:ENIC) by 14.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 249,681 shares of the utilities provider’s stock after purchasing an additional 32,212 shares during the period. Guggenheim Capital LLC’s holdings in Enel Chile were worth $719,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ENIC. XTX Topco Ltd bought a new position in Enel Chile during the fourth quarter valued at approximately $114,000. Savvy Advisors Inc. raised its holdings in shares of Enel Chile by 52.3% during the 4th quarter. Savvy Advisors Inc. now owns 28,317 shares of the utilities provider’s stock valued at $82,000 after purchasing an additional 9,727 shares in the last quarter. Qtron Investments LLC boosted its holdings in Enel Chile by 260.0% in the fourth quarter. Qtron Investments LLC now owns 72,699 shares of the utilities provider’s stock worth $209,000 after purchasing an additional 52,504 shares in the last quarter. Raymond James Financial Inc. acquired a new position in Enel Chile during the fourth quarter worth $46,000. Finally, Renaissance Technologies LLC raised its holdings in Enel Chile by 1.6% during the fourth quarter. Renaissance Technologies LLC now owns 2,512,771 shares of the utilities provider’s stock valued at $7,237,000 after buying an additional 38,783 shares in the last quarter. 3.20% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, StockNews.com downgraded Enel Chile from a “buy” rating to a “hold” rating in a research note on Monday, March 3rd.

Enel Chile Stock Up 1.8 %

ENIC opened at $3.44 on Friday. Enel Chile S.A. has a 12-month low of $2.51 and a 12-month high of $3.50. The firm has a market capitalization of $4.76 billion, a P/E ratio of 5.64 and a beta of 0.99. The stock’s 50 day moving average price is $3.30 and its two-hundred day moving average price is $3.02.

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.