Enel Chile S.A. (NYSE:ENIC) Shares Purchased by Schechter Investment Advisors LLC

Schechter Investment Advisors LLC grew its position in Enel Chile S.A. (NYSE:ENIC) by 2.1% in the fourth quarter, Holdings Channel.com reports. The fund owned 165,911 shares of the utilities provider’s stock after buying an additional 3,435 shares during the period. Schechter Investment Advisors LLC’s holdings in Enel Chile were worth $478,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Advisors Preferred LLC acquired a new stake in shares of Enel Chile during the fourth quarter worth $25,000. Intelligence Driven Advisers LLC acquired a new stake in Enel Chile during the fourth quarter worth about $31,000. Caprock Group LLC bought a new position in Enel Chile in the fourth quarter worth about $32,000. Wealthstream Advisors Inc. bought a new position in shares of Enel Chile during the fourth quarter valued at approximately $37,000. Finally, Truist Financial Corp bought a new stake in shares of Enel Chile in the 4th quarter worth approximately $38,000. 3.20% of the stock is owned by institutional investors and hedge funds.

Enel Chile Trading Up 0.7 %

Shares of NYSE ENIC opened at $3.44 on Thursday. Enel Chile S.A. has a 12-month low of $2.51 and a 12-month high of $3.49. The company has a market cap of $4.75 billion, a price-to-earnings ratio of 5.63 and a beta of 1.12. The stock’s 50 day simple moving average is $3.10 and its 200 day simple moving average is $2.87.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. Scotiabank downgraded Enel Chile from a “sector outperform” rating to a “sector perform” rating and set a $3.90 price target on the stock. in a report on Friday, November 22nd. StockNews.com downgraded Enel Chile from a “buy” rating to a “hold” rating in a report on Monday.

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.