Enel Chile S.A. (NYSE:ENIC) Shares Sold by Astoria Portfolio Advisors LLC.

Astoria Portfolio Advisors LLC. decreased its holdings in Enel Chile S.A. (NYSE:ENIC) by 11.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 52,255 shares of the utilities provider’s stock after selling 6,720 shares during the period. Astoria Portfolio Advisors LLC.’s holdings in Enel Chile were worth $152,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of ENIC. AQR Capital Management LLC grew its stake in shares of Enel Chile by 408.3% in the third quarter. AQR Capital Management LLC now owns 2,852,008 shares of the utilities provider’s stock worth $8,442,000 after acquiring an additional 2,290,952 shares in the last quarter. Todd Asset Management LLC acquired a new position in shares of Enel Chile in the fourth quarter worth $3,398,000. Teachers Retirement System of The State of Kentucky acquired a new position in shares of Enel Chile in the fourth quarter worth $3,398,000. Brandes Investment Partners LP grew its stake in shares of Enel Chile by 28.2% in the fourth quarter. Brandes Investment Partners LP now owns 3,586,182 shares of the utilities provider’s stock worth $11,619,000 after acquiring an additional 789,016 shares in the last quarter. Finally, Capital Wealth Planning LLC grew its stake in shares of Enel Chile by 267.4% in the fourth quarter. Capital Wealth Planning LLC now owns 257,155 shares of the utilities provider’s stock worth $833,000 after acquiring an additional 187,155 shares in the last quarter. Institutional investors and hedge funds own 3.20% of the company’s stock.

Enel Chile Price Performance

Enel Chile stock opened at $2.80 on Friday. The stock has a market cap of $3.87 billion, a P/E ratio of 5.38 and a beta of 1.17. The company has a fifty day simple moving average of $2.95 and a 200-day simple moving average of $2.99. Enel Chile S.A. has a 12-month low of $2.68 and a 12-month high of $3.89. The company has a current ratio of 0.85, a quick ratio of 0.83 and a debt-to-equity ratio of 0.05.

Enel Chile (NYSE:ENIC) last released its quarterly earnings data on Tuesday, April 30th. The utilities provider reported $0.11 earnings per share (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 disclosed a semi-annual dividend, which was paid on Wednesday, May 22nd. Stockholders of record on Friday, January 1st were given a dividend of $0.2093 per share. This is a boost from Enel Chile’s previous semi-annual dividend of $0.03. This represents a dividend yield of 7.3%. The ex-dividend date was Wednesday, May 22nd. Enel Chile’s payout ratio is 40.39%.

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.