International Assets Investment Management LLC Purchases Shares of 12,126 Enel Chile S.A. (NYSE:ENIC)

International Assets Investment Management LLC acquired a new stake in Enel Chile S.A. (NYSE:ENIC) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 12,126 shares of the utilities provider’s stock, valued at approximately $36,000.

Several other institutional investors and hedge funds have also bought and sold shares of ENIC. Quadrature Capital Ltd lifted its stake in Enel Chile by 23.6% in the fourth quarter. Quadrature Capital Ltd now owns 170,079 shares of the utilities provider’s stock valued at $549,000 after acquiring an additional 32,442 shares during the last quarter. PNC Financial Services Group Inc. grew its holdings in Enel Chile by 348.2% during the fourth quarter. PNC Financial Services Group Inc. now owns 83,940 shares of the utilities provider’s stock worth $272,000 after purchasing an additional 65,212 shares during the period. Tucker Asset Management LLC bought a new stake in Enel Chile in the fourth quarter valued at approximately $117,000. Teachers Retirement System of The State of Kentucky acquired a new stake in shares of Enel Chile in the fourth quarter valued at approximately $3,398,000. Finally, Chelsea Counsel Co. acquired a new position in shares of Enel Chile during the 4th quarter worth approximately $65,000. Institutional investors own 3.20% of the company’s stock.

Enel Chile Trading Down 0.4 %

ENIC stock opened at $2.79 on Friday. Enel Chile S.A. has a one year low of $2.68 and a one year high of $3.89. The stock has a market cap of $3.86 billion, a price-to-earnings ratio of 5.37 and a beta of 1.17. The company has a fifty day moving average price of $2.95 and a two-hundred day moving average price of $2.99. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.85 and a quick ratio of 0.83.

Enel Chile (NYSE:ENIC) last announced its earnings results on Tuesday, April 30th. The utilities provider reported $0.11 EPS for the quarter. The business had revenue of $1.11 billion during the quarter. Enel Chile had a net margin of 15.66% and a return on equity of 51.15%.

Enel Chile Increases Dividend

The company also recently declared a semi-annual dividend, which was paid on Wednesday, May 22nd. Investors of record on Friday, January 1st were paid a $0.2093 dividend. The ex-dividend date of this dividend was Wednesday, May 22nd. This is an increase from Enel Chile’s previous semi-annual dividend of $0.03. This represents a yield of 7.3%. Enel Chile’s payout ratio is 40.39%.

About Enel Chile

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.