Dimensional Fund Advisors LP Buys 28,252 Shares of Enel Chile S.A. (NYSE:ENIC)

Dimensional Fund Advisors LP grew its position in shares of Enel Chile S.A. (NYSE:ENIC) by 5.7% during the second quarter, according to its most recent filing with the SEC. The firm owned 527,097 shares of the utilities provider’s stock after acquiring an additional 28,252 shares during the period. Dimensional Fund Advisors LP’s holdings in Enel Chile were worth $1,476,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in ENIC. Teachers Retirement System of The State of Kentucky bought a new stake in shares of Enel Chile in the 4th quarter worth approximately $3,398,000. Tucker Asset Management LLC bought a new position in shares of Enel Chile during the fourth quarter valued at $117,000. PNC Financial Services Group Inc. raised its position in shares of Enel Chile by 348.2% in the 4th quarter. PNC Financial Services Group Inc. now owns 83,940 shares of the utilities provider’s stock worth $272,000 after purchasing an additional 65,212 shares during the last quarter. Quadrature Capital Ltd grew its position in Enel Chile by 23.6% during the 4th quarter. Quadrature Capital Ltd now owns 170,079 shares of the utilities provider’s stock valued at $549,000 after purchasing an additional 32,442 shares during the last quarter. Finally, International Assets Investment Management LLC bought a new stake in Enel Chile during the 1st quarter valued at about $36,000. Institutional investors own 3.20% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Enel Chile Trading Up 1.5 %

Enel Chile stock opened at $2.71 on Friday. The firm has a market cap of $3.75 billion, a price-to-earnings ratio of 5.21 and a beta of 1.16. Enel Chile S.A. has a 12 month low of $2.51 and a 12 month high of $3.53. The stock has a fifty day simple moving average of $2.71 and a two-hundred day simple moving average of $2.85.

Enel Chile (NYSE:ENIC) last issued its earnings results on Thursday, July 25th. The utilities provider reported $0.08 earnings per share for the quarter. The business had revenue of $1.35 billion during the quarter. Enel Chile had a return on equity of 61.15% and a net margin of 18.01%. On average, equities research analysts forecast that Enel Chile S.A. will post 0.36 EPS for the current fiscal year.

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.