Stifel Financial Corp Raises Holdings in Enel Chile S.A. (NYSE:ENIC)

Stifel Financial Corp lifted its holdings in shares of Enel Chile S.A. (NYSE:ENIC) by 644.7% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 208,509 shares of the utilities provider’s stock after acquiring an additional 180,509 shares during the quarter. Stifel Financial Corp’s holdings in Enel Chile were worth $582,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of ENIC. Renaissance Technologies LLC increased its position 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 valued at $6,811,000 after purchasing an additional 24,900 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in Enel Chile by 5.7% during the second quarter. Dimensional Fund Advisors LP now owns 527,097 shares of the utilities provider’s stock valued at $1,476,000 after buying an additional 28,252 shares during the last quarter. Walleye Capital LLC bought a new position in Enel Chile in the third quarter worth approximately $1,023,000. Natixis Advisors LLC boosted its stake 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 acquiring an additional 87,773 shares during the last quarter. Finally, Hantz Financial Services Inc. purchased a new stake in shares of Enel Chile in the 2nd quarter worth $786,000. 3.20% of the stock is currently owned by institutional investors.

Enel Chile Stock Performance

Shares of ENIC stock opened at $2.95 on Friday. The firm has a market capitalization of $4.08 billion, a PE ratio of 4.84 and a beta of 1.16. The stock has a fifty day simple moving average of $2.78 and a two-hundred day simple moving average of $2.77. Enel Chile S.A. has a 52-week low of $2.51 and a 52-week high of $3.30.

Analyst Ratings Changes

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

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.