Natixis Advisors LLC Decreases Stock Holdings in Enel Chile S.A. (NYSE:ENIC)

Natixis Advisors LLC lowered its position in shares of Enel Chile S.A. (NYSE:ENIC) by 8.9% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 202,758 shares of the utilities provider’s stock after selling 19,846 shares during the period. Natixis Advisors LLC’s holdings in Enel Chile were worth $568,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Wealthstream Advisors Inc. acquired a new position in shares of Enel Chile in the 2nd quarter worth approximately $29,000. Inspire Investing LLC bought a new stake in shares of Enel Chile in the 1st quarter worth approximately $32,000. International Assets Investment Management LLC acquired a new position in Enel Chile during the 1st quarter valued at approximately $36,000. Janiczek Wealth Management LLC grew its stake in Enel Chile by 161.9% during the 1st quarter. Janiczek Wealth Management LLC now owns 14,344 shares of the utilities provider’s stock worth $44,000 after buying an additional 8,868 shares during the last quarter. Finally, Adero Partners LLC increased its holdings in shares of Enel Chile by 48.5% in the 4th quarter. Adero Partners LLC now owns 17,289 shares of the utilities provider’s stock worth $56,000 after acquiring an additional 5,644 shares during the period. 3.20% of the stock is currently owned by hedge funds and other institutional investors.

Enel Chile Price Performance

ENIC stock opened at $2.64 on Friday. The firm’s 50-day moving average is $2.78 and its two-hundred day moving average is $2.89. The company has a current ratio of 0.85, a quick ratio of 0.83 and a debt-to-equity ratio of 0.05. The company has a market capitalization of $3.65 billion, a price-to-earnings ratio of 5.13 and a beta of 1.16. Enel Chile S.A. has a 52 week low of $2.51 and a 52 week high of $3.53.

Enel Chile (NYSE:ENIC) last issued its quarterly earnings results on Thursday, July 25th. The utilities provider reported $0.08 earnings per share (EPS) for the quarter. Enel Chile had a return on equity of 61.15% and a net margin of 18.01%. The company had revenue of $1.35 billion for the quarter.

Wall Street Analyst Weigh In

Separately, StockNews.com raised Enel Chile from a “hold” rating to a “buy” rating in a report on Friday, August 9th.

Enel Chile 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.