Caprock Group LLC Purchases Shares of 11,232 Enel Chile S.A. (NYSE:ENIC)

Caprock Group LLC bought a new position in shares of Enel Chile S.A. (NYSE:ENIC) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 11,232 shares of the utilities provider’s stock, valued at approximately $32,000.

A number of other hedge funds have also bought and sold shares of ENIC. Cubist Systematic Strategies LLC increased its stake in Enel Chile by 1,114,700.0% in the second quarter. Cubist Systematic Strategies LLC now owns 11,148 shares of the utilities provider’s stock valued at $31,000 after acquiring an additional 11,147 shares during the last quarter. Savvy Advisors Inc. acquired a new position in Enel Chile in the 3rd quarter valued at approximately $52,000. Townsquare Capital LLC acquired a new position in Enel Chile during the 3rd quarter worth about $65,000. International Assets Investment Management LLC increased its stake in shares of Enel Chile by 179.0% in the third quarter. International Assets Investment Management LLC now owns 33,832 shares of the utilities provider’s stock valued at $94,000 after buying an additional 21,706 shares during the period. Finally, Dynamic Technology Lab Private Ltd acquired a new position in shares of Enel Chile in the third quarter worth approximately $100,000. 3.20% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, Scotiabank lowered shares of Enel Chile from a “sector outperform” rating to a “sector perform” rating and set a $3.90 target price on the stock. in a report on Friday, November 22nd.

Enel Chile Trading Down 0.5 %

NYSE:ENIC opened at $3.20 on Friday. The firm has a fifty day simple moving average of $2.91 and a two-hundred day simple moving average of $2.80. Enel Chile S.A. has a 12 month low of $2.51 and a 12 month high of $3.28. The stock has a market capitalization of $4.42 billion, a price-to-earnings ratio of 5.24 and a beta of 1.12.

Enel Chile Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, January 17th. Investors of record on Friday, January 17th were given a $0.0463 dividend. The ex-dividend date was Friday, January 17th. This is an increase from Enel Chile’s previous dividend of $0.03. Enel Chile’s dividend payout ratio (DPR) is presently 36.07%.

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.