Enel Chile S.A. (NYSE:ENIC) Shares Sold by Banco BTG Pactual S.A.

Banco BTG Pactual S.A. trimmed its position in Enel Chile S.A. (NYSE:ENIC) by 59.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 36,802 shares of the utilities provider’s stock after selling 54,706 shares during the period. Banco BTG Pactual S.A.’s holdings in Enel Chile were worth $105,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of ENIC. Schechter Investment Advisors LLC lifted its stake in Enel Chile by 2.1% during the fourth quarter. Schechter Investment Advisors LLC now owns 165,911 shares of the utilities provider’s stock valued at $478,000 after purchasing an additional 3,435 shares during the last quarter. Inspire Advisors LLC lifted its position in shares of Enel Chile by 6.9% during the 4th quarter. Inspire Advisors LLC now owns 58,414 shares of the utilities provider’s stock valued at $168,000 after acquiring an additional 3,792 shares during the last quarter. Signaturefd LLC boosted its stake in shares of Enel Chile by 12.6% during the 4th quarter. Signaturefd LLC now owns 37,152 shares of the utilities provider’s stock worth $107,000 after acquiring an additional 4,146 shares in the last quarter. Corient Private Wealth LLC raised its position in shares of Enel Chile by 5.9% during the fourth quarter. Corient Private Wealth LLC now owns 79,112 shares of the utilities provider’s stock worth $228,000 after purchasing an additional 4,418 shares during the period. Finally, Advisors Preferred LLC purchased a new stake in shares of Enel Chile during the fourth quarter valued at $25,000. 3.20% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, StockNews.com lowered shares of Enel Chile from a “buy” rating to a “hold” rating in a research note on Monday, March 3rd.

Enel Chile Stock Down 0.4 %

Shares of NYSE:ENIC opened at $3.37 on Thursday. The company has a market cap of $4.65 billion, a P/E ratio of 5.52 and a beta of 1.12. The company’s fifty day moving average is $3.25 and its two-hundred day moving average is $2.94. Enel Chile S.A. has a 12-month low of $2.51 and a 12-month high of $3.50.

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.