Enel Chile S.A. (NYSE:ENIC) Shares Sold by Banco BTG Pactual S.A.

Banco BTG Pactual S.A. lessened its stake in Enel Chile S.A. (NYSE:ENIC) by 59.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 36,802 shares of the utilities provider’s stock after selling 54,706 shares during the quarter. Banco BTG Pactual S.A.’s holdings in Enel Chile were worth $105,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Natixis Advisors LLC lifted its holdings in Enel Chile by 43.3% during the 3rd quarter. Natixis Advisors LLC now owns 290,531 shares of the utilities provider’s stock worth $811,000 after buying an additional 87,773 shares during the last quarter. Dynamic Technology Lab Private Ltd acquired a new position in Enel Chile in the third quarter worth $100,000. Townsquare Capital LLC acquired a new stake in shares of Enel Chile during the third quarter worth $65,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Enel Chile by 100.0% in 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 worth $599,000 after buying an additional 107,316 shares during the last quarter. Finally, Walleye Capital LLC acquired a new position in shares of Enel Chile in the 3rd quarter valued at about $1,023,000. Institutional investors own 3.20% of the company’s stock.

Analyst Upgrades and Downgrades

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

Enel Chile Stock Performance

Shares of ENIC opened at $3.37 on Thursday. Enel Chile S.A. has a 1 year low of $2.51 and a 1 year high of $3.50. The firm has a fifty day moving average of $3.25 and a 200-day moving average of $2.94. The company has a market cap of $4.65 billion, a price-to-earnings ratio of 5.52 and a beta of 1.12.

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.