Quadrant Capital Group LLC Boosts Stock Position in Enel Chile S.A. (NYSE:ENIC)

Quadrant Capital Group LLC boosted its holdings in Enel Chile S.A. (NYSE:ENIC) by 46.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 48,317 shares of the utilities provider’s stock after buying an additional 15,351 shares during the period. Quadrant Capital Group LLC’s holdings in Enel Chile were worth $139,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Stifel Financial Corp boosted its stake in Enel Chile by 644.7% in the 3rd quarter. Stifel Financial Corp now owns 208,509 shares of the utilities provider’s stock worth $582,000 after buying an additional 180,509 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Enel Chile by 100.0% during the 3rd 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 buying an additional 107,316 shares during the period. State Street Corp raised its holdings in shares of Enel Chile by 0.6% during the 3rd quarter. State Street Corp now owns 2,933,466 shares of the utilities provider’s stock valued at $8,184,000 after buying an additional 18,334 shares during the period. Truist Financial Corp purchased a new stake in shares of Enel Chile during the 4th quarter valued at about $38,000. Finally, Caprock Group LLC purchased a new stake in Enel Chile during the 4th quarter worth approximately $32,000. 3.20% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded Enel Chile from a “buy” rating to a “hold” rating in a report on Monday, March 3rd.

Enel Chile Trading Up 4.7 %

Shares of NYSE ENIC opened at $3.15 on Thursday. Enel Chile S.A. has a twelve month low of $2.51 and a twelve month high of $3.50. The company has a market capitalization of $4.36 billion, a price-to-earnings ratio of 5.16 and a beta of 0.99. The business has a 50 day simple moving average of $3.30 and a 200-day simple moving average of $2.99.

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.