Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (NYSE:EDN) Shares Acquired by GAMMA Investing LLC

GAMMA Investing LLC grew its position in shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (NYSE:EDN) by 73.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,596 shares of the utilities provider’s stock after purchasing an additional 677 shares during the period. GAMMA Investing LLC’s holdings in Empresa Distribuidora y Comercializadora Norte Sociedad Anónima were worth $68,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Walleye Capital LLC acquired a new position in Empresa Distribuidora y Comercializadora Norte Sociedad Anónima during the third quarter valued at approximately $237,000. Quadrature Capital Ltd acquired a new position in shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima during the 3rd quarter valued at $260,000. BNP Paribas Financial Markets lifted its holdings in shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima by 4,310.4% during the 3rd quarter. BNP Paribas Financial Markets now owns 41,105 shares of the utilities provider’s stock valued at $911,000 after acquiring an additional 40,173 shares in the last quarter. BlueCrest Capital Management Ltd increased its holdings in Empresa Distribuidora y Comercializadora Norte Sociedad Anónima by 66.7% in the 3rd quarter. BlueCrest Capital Management Ltd now owns 50,000 shares of the utilities provider’s stock valued at $1,108,000 after purchasing an additional 20,000 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its position in Empresa Distribuidora y Comercializadora Norte Sociedad Anónima by 3.4% in the third quarter. JPMorgan Chase & Co. now owns 79,299 shares of the utilities provider’s stock valued at $1,757,000 after purchasing an additional 2,610 shares during the period. 1.64% of the stock is currently owned by hedge funds and other institutional investors.

Empresa Distribuidora y Comercializadora Norte Sociedad Anónima Price Performance

Shares of NYSE EDN opened at $37.12 on Monday. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.82 and a quick ratio of 0.69. Empresa Distribuidora y Comercializadora Norte Sociedad Anónima has a 1-year low of $13.78 and a 1-year high of $51.69. The company has a market capitalization of $1.68 billion, a price-to-earnings ratio of 7.22 and a beta of 1.42. The business has a 50-day moving average of $40.43 and a 200-day moving average of $27.14.

Empresa Distribuidora y Comercializadora Norte Sociedad Anónima Company Profile

Empresa Distribuidora y Comercializadora Norte Sociedad Anónima is involved in the distribution and sale of electricity in Argentina. The company was incorporated in 1992 and is based in Buenos Aires, Argentina. Empresa Distribuidora y Comercializadora Norte Sociedad Anónima operates as a subsidiary of Empresa de Energía del Cono Sur SA.