Hantz Financial Services Inc. Invests $786,000 in Enel Chile S.A. (NYSE:ENIC)

Hantz Financial Services Inc. purchased a new stake in Enel Chile S.A. (NYSE:ENIC) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 280,817 shares of the utilities provider’s stock, valued at approximately $786,000.

Several other hedge funds have also modified their holdings of the stock. Victory Capital Management Inc. bought a new position in shares of Enel Chile in the 4th quarter worth $197,000. Todd Asset Management LLC acquired a new stake in shares of Enel Chile during the fourth quarter worth $3,398,000. Astoria Portfolio Advisors LLC. bought a new position in Enel Chile during the 4th quarter worth about $191,000. Capital Wealth Planning LLC boosted its position in shares of Enel Chile by 267.4% during the fourth quarter. Capital Wealth Planning LLC now owns 257,155 shares of the utilities provider’s stock worth $833,000 after buying an additional 187,155 shares during the period. Finally, Quadrant Capital Group LLC lifted its stake in Enel Chile by 28.0% in the 4th quarter. Quadrant Capital Group LLC now owns 31,264 shares of the utilities provider’s stock valued at $101,000 after acquiring an additional 6,839 shares in the last quarter. 3.20% of the stock is owned by institutional investors.

Enel Chile Stock Performance

Shares of NYSE ENIC opened at $2.74 on Friday. The stock has a 50 day moving average of $2.80 and a 200-day moving average of $2.91. Enel Chile S.A. has a 12 month low of $2.52 and a 12 month high of $3.53. The company has a market capitalization of $3.79 billion, a P/E ratio of 5.27 and a beta of 1.17. The company has a current ratio of 0.85, a quick ratio of 0.83 and a debt-to-equity ratio of 0.05.

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

Analyst Upgrades and Downgrades

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

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.