Wealthstream Advisors Inc. Invests $37,000 in Enel Chile S.A. (NYSE:ENIC)

Wealthstream Advisors Inc. purchased a new position in shares of Enel Chile S.A. (NYSE:ENIC) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 12,882 shares of the utilities provider’s stock, valued at approximately $37,000.

Several other hedge funds also recently modified their holdings of ENIC. Advisors Preferred LLC acquired a new position in Enel Chile in the 4th quarter valued at $25,000. Intelligence Driven Advisers LLC acquired a new position in Enel Chile in the 4th quarter valued at $31,000. Caprock Group LLC acquired a new position in Enel Chile in the 4th quarter valued at $32,000. Truist Financial Corp acquired a new position in Enel Chile in the 4th quarter valued at $38,000. Finally, Savvy Advisors Inc. acquired a new position in Enel Chile in the 3rd quarter valued at $52,000. Institutional investors and hedge funds own 3.20% of the company’s stock.

Enel Chile Price Performance

Shares of Enel Chile stock opened at $3.39 on Monday. Enel Chile S.A. has a fifty-two week low of $2.51 and a fifty-two week high of $3.43. The firm has a fifty day moving average price of $3.03 and a two-hundred day moving average price of $2.84. The company has a market cap of $4.70 billion, a PE ratio of 5.55 and a beta of 1.12.

Enel Chile Increases Dividend

The business also recently declared a dividend, which was paid on Friday, January 17th. Shareholders of record on Friday, January 17th were issued a $0.0463 dividend. The ex-dividend date was Friday, January 17th. This is an increase from Enel Chile’s previous dividend of $0.03. Enel Chile’s dividend payout ratio is 36.07%.

Analyst Ratings Changes

Separately, Scotiabank lowered shares of Enel Chile from a “sector outperform” rating to a “sector perform” rating and set a $3.90 target price on the stock. in a research note on Friday, November 22nd.

Enel Chile Company 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.