Victory Capital Management Inc. Raises Holdings in Enel Chile S.A. (NYSE:ENIC)

Victory Capital Management Inc. lifted its position in Enel Chile S.A. (NYSE:ENIC) by 42.3% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 263,496 shares of the utilities provider’s stock after purchasing an additional 78,354 shares during the quarter. Victory Capital Management Inc.’s holdings in Enel Chile were worth $738,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the company. Teachers Retirement System of The State of Kentucky acquired a new position in shares of Enel Chile in the 4th quarter valued at $3,398,000. Hantz Financial Services Inc. purchased a new stake in shares of Enel Chile in the second quarter valued at about $786,000. Banco BTG Pactual S.A. acquired a new stake in shares of Enel Chile during the first quarter worth about $366,000. Helikon Investments Ltd increased its position in Enel Chile by 4.7% in the 2nd quarter. Helikon Investments Ltd now owns 1,842,178 shares of the utilities provider’s stock valued at $5,158,000 after acquiring an additional 82,734 shares during the period. Finally, Blue Trust Inc. raised its stake in Enel Chile by 681.6% during the 2nd quarter. Blue Trust Inc. now owns 78,008 shares of the utilities provider’s stock valued at $238,000 after acquiring an additional 68,028 shares during the last quarter. Institutional investors and hedge funds own 3.20% of the company’s stock.

Enel Chile Stock Down 0.4 %

Shares of Enel Chile stock opened at $2.65 on Friday. Enel Chile S.A. has a one year low of $2.51 and a one year high of $3.53. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.83 and a current ratio of 0.85. The firm has a fifty day moving average of $2.74 and a two-hundred day moving average of $2.88. The company has a market cap of $3.67 billion, a P/E ratio of 5.10 and a beta of 1.16.

Enel Chile (NYSE:ENIC) last announced its quarterly earnings data on Thursday, July 25th. The utilities provider reported $0.08 earnings per share for the quarter. The company had revenue of $1.35 billion for the quarter. Enel Chile had a return on equity of 61.15% and a net margin of 18.01%.

Analyst Ratings Changes

Separately, StockNews.com raised Enel Chile from a “hold” rating to a “buy” rating in a report on Friday, August 9th.

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.