Todd Asset Management LLC Purchases Shares of 1,048,700 Enel Chile S.A. (NYSE:ENIC)

Todd Asset Management LLC acquired a new position in Enel Chile S.A. (NYSE:ENIC - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,048,700 shares of the utilities provider's stock, valued at approximately $3,398,000. Todd Asset Management LLC owned 0.08% of Enel Chile as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. AQR Capital Management LLC grew its holdings in Enel Chile by 408.3% during the third quarter. AQR Capital Management LLC now owns 2,852,008 shares of the utilities provider's stock worth $8,442,000 after acquiring an additional 2,290,952 shares during the period. Helikon Investments Ltd lifted its stake in Enel Chile by 83.1% during the third quarter. Helikon Investments Ltd now owns 1,759,444 shares of the utilities provider's stock valued at $5,208,000 after purchasing an additional 798,327 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. boosted its holdings in Enel Chile by 48.0% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,193,678 shares of the utilities provider's stock worth $3,533,000 after buying an additional 387,133 shares in the last quarter. Robeco Institutional Asset Management B.V. grew its position in Enel Chile by 541.3% in the third quarter. Robeco Institutional Asset Management B.V. now owns 402,642 shares of the utilities provider's stock worth $1,192,000 after buying an additional 339,857 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of Enel Chile by 23.0% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 397,485 shares of the utilities provider's stock valued at $1,288,000 after acquiring an additional 74,266 shares during the last quarter. Institutional investors and hedge funds own 3.20% of the company's stock.

Analysts Set New Price Targets

Separately, StockNews.com lowered Enel Chile from a "buy" rating to a "hold" rating in a research report on Saturday, February 17th.

Enel Chile Trading Down 0.7 %

Shares of ENIC traded down $0.02 during midday trading on Friday, hitting $2.92. The stock had a trading volume of 448,141 shares, compared to its average volume of 303,767. Enel Chile S.A. has a fifty-two week low of $2.68 and a fifty-two week high of $3.89. The business has a 50-day simple moving average of $2.97 and a two-hundred day simple moving average of $3.03. The firm has a market cap of $4.04 billion, a P/E ratio of 5.62 and a beta of 1.16.

Enel Chile (NYSE:ENIC - Get Free Report) last posted its quarterly earnings data on Thursday, February 29th. The utilities provider reported $0.29 earnings per share for the quarter. Enel Chile had a net margin of 15.66% and a return on equity of 51.15%. The firm had revenue of $1.15 billion for the quarter.

Enel Chile 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.