JPMorgan Chase & Co. increased its position in shares of Enel Chile S.A. (NYSE:ENIC - Free Report) by 56.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,256,695 shares of the utilities provider's stock after purchasing an additional 451,482 shares during the period. JPMorgan Chase & Co. owned approximately 0.09% of Enel Chile worth $3,619,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors have also added to or reduced their stakes in the company. Stifel Financial Corp boosted its position in shares of Enel Chile by 644.7% in the third quarter. Stifel Financial Corp now owns 208,509 shares of the utilities provider's stock valued at $582,000 after acquiring an additional 180,509 shares during the period. Truist Financial Corp bought a new stake in Enel Chile in the 4th quarter valued at about $38,000. State Street Corp increased 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 worth $8,184,000 after purchasing an additional 18,334 shares during the period. Caprock Group LLC acquired a new stake in shares of Enel Chile in the fourth quarter valued at approximately $32,000. Finally, Helikon Investments Ltd grew its position in Enel Chile by 14.7% during the fourth quarter. Helikon Investments Ltd now owns 2,112,723 shares of the utilities provider's stock worth $6,085,000 after buying an additional 270,545 shares in the last quarter. 3.20% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
Separately, StockNews.com downgraded Enel Chile from a "buy" rating to a "hold" rating in a research report on Monday, March 3rd.
Read Our Latest Report on ENIC
Enel Chile Stock Performance
Shares of Enel Chile stock traded down $0.02 on Friday, reaching $3.43. 90,225 shares of the stock were exchanged, compared to its average volume of 498,318. The firm's 50 day moving average is $3.30 and its 200-day moving average is $3.02. The firm has a market cap of $4.74 billion, a PE ratio of 5.61 and a beta of 0.99. Enel Chile S.A. has a one year low of $2.51 and a one year high of $3.50.
Enel Chile Profile
(
Free Report)
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.
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