12,882 Shares in Enel Chile S.A. (NYSE:ENIC) Purchased by Wealthstream Advisors Inc.

Wealthstream Advisors Inc. bought a new position in shares of Enel Chile S.A. (NYSE:ENIC) in the fourth quarter, Holdings Channel reports. The institutional investor bought 12,882 shares of the utilities provider’s stock, valued at approximately $37,000.

Other hedge funds have also made changes to their positions in the company. Stifel Financial Corp increased its position in shares of Enel Chile by 644.7% during the 3rd quarter. Stifel Financial Corp now owns 208,509 shares of the utilities provider’s stock worth $582,000 after purchasing an additional 180,509 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Enel Chile by 100.0% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 214,632 shares of the utilities provider’s stock valued at $599,000 after acquiring an additional 107,316 shares in the last quarter. Walleye Capital LLC acquired a new stake in Enel Chile in the 3rd quarter valued at about $1,023,000. Oppenheimer Asset Management Inc. increased its position in Enel Chile by 52.2% in the 3rd quarter. Oppenheimer Asset Management Inc. now owns 82,680 shares of the utilities provider’s stock valued at $231,000 after acquiring an additional 28,339 shares in the last quarter. Finally, State Street Corp increased its position in Enel Chile by 0.6% in the 3rd quarter. State Street Corp now owns 2,933,466 shares of the utilities provider’s stock valued at $8,184,000 after acquiring an additional 18,334 shares in the last quarter. Institutional investors and hedge funds own 3.20% of the company’s stock.

Enel Chile Price Performance

Shares of NYSE:ENIC opened at $3.39 on Monday. Enel Chile S.A. has a one year low of $2.51 and a one year high of $3.43. The company has a 50 day moving average of $3.03 and a 200-day moving average of $2.84. The stock has a market cap of $4.70 billion, a price-to-earnings ratio of 5.55 and a beta of 1.12.

Enel Chile Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, January 17th. Stockholders of record on Friday, January 17th were given a dividend of $0.0463 per share. This is a boost from Enel Chile’s previous dividend of $0.03. The ex-dividend date was Friday, January 17th. Enel Chile’s payout ratio is currently 36.07%.

Analysts Set New Price Targets

Separately, Scotiabank cut shares of Enel Chile from a “sector outperform” rating to a “sector perform” rating and set a $3.90 price objective for the company. in a research report on Friday, November 22nd.

About Enel Chile

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.