Robeco Institutional Asset Management B.V. Has $859,000 Stock Holdings in Enel Chile S.A. (NYSE:ENIC)

Robeco Institutional Asset Management B.V. reduced its stake in Enel Chile S.A. (NYSE:ENIC) by 22.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 298,277 shares of the utilities provider’s stock after selling 86,039 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Enel Chile were worth $859,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the stock. Stifel Financial Corp grew its position in shares of Enel Chile by 644.7% in the 3rd quarter. Stifel Financial Corp now owns 208,509 shares of the utilities provider’s stock valued at $582,000 after buying an additional 180,509 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Enel Chile by 100.0% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 214,632 shares of the utilities provider’s stock worth $599,000 after buying an additional 107,316 shares during the last quarter. Walleye Capital LLC bought a new stake in Enel Chile during the third quarter valued at $1,023,000. Oppenheimer Asset Management Inc. raised its position in shares of Enel Chile by 52.2% in the 3rd quarter. Oppenheimer Asset Management Inc. now owns 82,680 shares of the utilities provider’s stock worth $231,000 after acquiring an additional 28,339 shares in the last quarter. Finally, State Street Corp boosted its position in shares of Enel Chile by 0.6% during the 3rd quarter. State Street Corp now owns 2,933,466 shares of the utilities provider’s stock valued at $8,184,000 after purchasing an additional 18,334 shares in the last quarter. 3.20% of the stock is currently owned by institutional investors and hedge funds.

Enel Chile Trading Up 1.8 %

ENIC opened at $3.12 on Wednesday. The company has a market cap of $4.31 billion, a P/E ratio of 5.11 and a beta of 1.12. The company has a fifty day moving average price of $2.89 and a two-hundred day moving average price of $2.79. Enel Chile S.A. has a 1-year low of $2.51 and a 1-year high of $3.24.

Enel Chile Increases Dividend

The company also recently declared a dividend, which was paid on Friday, January 17th. Shareholders of record on Friday, January 17th were issued a $0.0463 dividend. The ex-dividend date was Friday, January 17th. This is a positive change from Enel Chile’s previous dividend of $0.03. Enel Chile’s dividend payout ratio is presently 36.07%.

Wall Street Analyst Weigh In

Separately, Scotiabank lowered Enel Chile from a “sector outperform” rating to a “sector perform” rating and set a $3.90 price target on the stock. in a research note on Friday, November 22nd.

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.