35,772 Shares in Enel Chile S.A. (NYSE:ENIC) Purchased by Dynamic Technology Lab Private Ltd

Dynamic Technology Lab Private Ltd acquired a new position in Enel Chile S.A. (NYSE:ENIC) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 35,772 shares of the utilities provider’s stock, valued at approximately $100,000.

Other institutional investors also recently bought and sold shares of the company. Renaissance Technologies LLC boosted its holdings in shares of Enel Chile by 1.0% during the 2nd quarter. Renaissance Technologies LLC now owns 2,432,488 shares of the utilities provider’s stock worth $6,811,000 after purchasing an additional 24,900 shares during the last quarter. Helikon Investments Ltd boosted its holdings in shares of Enel Chile by 4.7% during the 2nd quarter. Helikon Investments Ltd now owns 1,842,178 shares of the utilities provider’s stock worth $5,158,000 after purchasing an additional 82,734 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Enel Chile by 5.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 527,097 shares of the utilities provider’s stock worth $1,476,000 after purchasing an additional 28,252 shares during the last quarter. Sumitomo Mitsui Trust Holdings Inc. boosted its holdings in shares of Enel Chile by 2.7% during the 2nd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 417,347 shares of the utilities provider’s stock worth $1,169,000 after purchasing an additional 11,000 shares during the last quarter. Finally, Natixis Advisors LLC boosted its holdings in shares of Enel Chile by 43.3% during the 3rd quarter. Natixis Advisors LLC now owns 290,531 shares of the utilities provider’s stock worth $811,000 after purchasing an additional 87,773 shares during the last quarter. 3.20% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on ENIC. StockNews.com upgraded Enel Chile from a “hold” rating to a “buy” rating in a report on Friday, August 9th. Scotiabank lowered shares of 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 report on Friday, November 22nd.

Enel Chile Stock Performance

ENIC stock opened at $2.76 on Wednesday. The firm has a market cap of $3.82 billion, a PE ratio of 4.52 and a beta of 1.16. The firm’s 50 day moving average price is $2.75 and its 200-day moving average price is $2.78. Enel Chile S.A. has a one year low of $2.51 and a one year high of $3.53.

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.