Helikon Investments Ltd Has $24.22 Million Stock Holdings in Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (NYSE:EDN)

Helikon Investments Ltd trimmed its stake in shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (NYSE:EDN) by 30.3% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 564,536 shares of the utilities provider’s stock after selling 245,366 shares during the quarter. Empresa Distribuidora y Comercializadora Norte Sociedad Anónima comprises about 2.5% of Helikon Investments Ltd’s portfolio, making the stock its 11th biggest holding. Helikon Investments Ltd owned approximately 1.25% of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima worth $24,224,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of EDN. BNP Paribas Financial Markets lifted its holdings in shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima by 4,310.4% during the 3rd quarter. BNP Paribas Financial Markets now owns 41,105 shares of the utilities provider’s stock worth $911,000 after acquiring an additional 40,173 shares during the period. Walleye Capital LLC acquired a new position in Empresa Distribuidora y Comercializadora Norte Sociedad Anónima during the third quarter valued at approximately $237,000. BlueCrest Capital Management Ltd lifted its stake in Empresa Distribuidora y Comercializadora Norte Sociedad Anónima by 66.7% during the third quarter. BlueCrest Capital Management Ltd now owns 50,000 shares of the utilities provider’s stock worth $1,108,000 after purchasing an additional 20,000 shares during the last quarter. Quadrature Capital Ltd acquired a new stake in shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima in the 3rd quarter valued at $260,000. Finally, JPMorgan Chase & Co. increased its stake in shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima by 3.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 79,299 shares of the utilities provider’s stock valued at $1,757,000 after purchasing an additional 2,610 shares during the last quarter. 1.64% of the stock is owned by institutional investors and hedge funds.

Empresa Distribuidora y Comercializadora Norte Sociedad Anónima Price Performance

Empresa Distribuidora y Comercializadora Norte Sociedad Anónima stock opened at $36.45 on Monday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.69 and a current ratio of 0.82. Empresa Distribuidora y Comercializadora Norte Sociedad Anónima has a 52 week low of $13.78 and a 52 week high of $51.69. The stock has a market capitalization of $1.65 billion, a P/E ratio of 7.09 and a beta of 1.42. The stock has a fifty day moving average of $40.89 and a 200-day moving average of $28.57.

Empresa Distribuidora y Comercializadora Norte Sociedad Anónima Profile

Empresa Distribuidora y Comercializadora Norte Sociedad Anónima is involved in the distribution and sale of electricity in Argentina. The company was incorporated in 1992 and is based in Buenos Aires, Argentina. Empresa Distribuidora y Comercializadora Norte Sociedad Anónima operates as a subsidiary of Empresa de Energía del Cono Sur SA.