Enel Chile (NYSE:ENIC) Reaches New 1-Year Low at $4.11
Enel Chile SA – (NYSE:ENIC)’s stock price reached a new 52-week low on Tuesday . The stock traded as low as $4.11 and last traded at $4.26, with a volume of 151657 shares. The stock had previously closed at $4.15.
The stock has a market capitalization of $4.21 billion, a price-to-earnings ratio of 8.41 and a beta of 0.51. The business has a fifty day moving average of $4.55.
A number of large investors have recently added to or reduced their stakes in ENIC. Brandes Investment Partners LP lifted its holdings in Enel Chile by 18.3% during the 2nd quarter. Brandes Investment Partners LP now owns 6,466,045 shares of the utilities provider’s stock worth $30,908,000 after purchasing an additional 999,946 shares during the last quarter. Thomas White International Ltd. acquired a new stake in Enel Chile during the 2nd quarter worth approximately $2,969,000. Deutsche Bank AG lifted its holdings in Enel Chile by 257.3% during the 4th quarter. Deutsche Bank AG now owns 853,348 shares of the utilities provider’s stock worth $4,223,000 after purchasing an additional 614,534 shares during the last quarter. Millennium Management LLC lifted its holdings in Enel Chile by 146.8% during the 4th quarter. Millennium Management LLC now owns 651,802 shares of the utilities provider’s stock worth $3,226,000 after purchasing an additional 387,735 shares during the last quarter. Finally, Geode Capital Management LLC lifted its holdings in Enel Chile by 232.5% during the 4th quarter. Geode Capital Management LLC now owns 243,740 shares of the utilities provider’s stock worth $1,205,000 after purchasing an additional 170,428 shares during the last quarter. 4.54% of the stock is owned by institutional investors and hedge funds.
Enel Chile SA, an electricity utility company, engages in the generation, transmission, and distribution of electricity in Chile. The company operates through Generation Business and Distribution Business segments. It transmits and distributes electricity in 33 municipalities of the Santiago metropolitan region.
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