Enel Chile S.A. (NYSE:ENIC) Shares Purchased by Mondrian Investment Partners LTD

Mondrian Investment Partners LTD boosted its holdings in Enel Chile S.A. (NYSE:ENIC) by 31.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 64,208 shares of the utilities provider’s stock after purchasing an additional 15,361 shares during the quarter. Mondrian Investment Partners LTD’s holdings in Enel Chile were worth $195,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Stifel Financial Corp boosted its holdings in Enel Chile by 644.7% in the third 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 during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of Enel Chile by 100.0% during the third 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 during the period. Walleye Capital LLC acquired a new position in shares of Enel Chile during the third quarter valued at $1,023,000. Oppenheimer Asset Management Inc. boosted its holdings in shares of Enel Chile by 52.2% during the third 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 during the period. Finally, State Street Corp boosted its holdings in shares of Enel Chile by 0.6% during the third 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 during the period. Institutional investors and hedge funds own 3.20% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on ENIC. StockNews.com downgraded shares of Enel Chile from a “buy” rating to a “hold” rating in a report on Monday, March 3rd. Scotiabank downgraded shares of 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 Stock Down 0.1 %

ENIC stock opened at $3.34 on Friday. The company has a market capitalization of $4.61 billion, a P/E ratio of 5.47 and a beta of 1.12. The company has a 50-day simple moving average of $3.16 and a 200 day simple moving average of $2.90. Enel Chile S.A. has a fifty-two week low of $2.51 and a fifty-two week high of $3.49.

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.