SG Americas Securities LLC Purchases Shares of 2,353 Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (NYSE:EDN)

SG Americas Securities LLC purchased a new stake in shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (NYSE:EDN) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 2,353 shares of the utilities provider’s stock, valued at approximately $101,000.

Several other institutional investors have also added to or reduced their stakes in the business. GAMMA Investing LLC boosted its position in Empresa Distribuidora y Comercializadora Norte Sociedad Anónima by 73.7% during the fourth quarter. GAMMA Investing LLC now owns 1,596 shares of the utilities provider’s stock valued at $68,000 after buying an additional 677 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima by 3.4% during the third quarter. JPMorgan Chase & Co. now owns 79,299 shares of the utilities provider’s stock worth $1,757,000 after purchasing an additional 2,610 shares during the period. Quadrature Capital Ltd purchased a new stake in shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima during the third quarter worth about $260,000. BlueCrest Capital Management Ltd boosted its holdings in shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima by 66.7% during the third quarter. BlueCrest Capital Management Ltd now owns 50,000 shares of the utilities provider’s stock worth $1,108,000 after purchasing an additional 20,000 shares during the period. Finally, Walleye Capital LLC purchased a new stake in shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima during the third quarter worth about $237,000. 1.64% of the stock is currently owned by hedge funds and other institutional investors.

Empresa Distribuidora y Comercializadora Norte Sociedad Anónima Stock Performance

Empresa Distribuidora y Comercializadora Norte Sociedad Anónima stock opened at $38.49 on Thursday. The company has a current ratio of 0.82, a quick ratio of 0.69 and a debt-to-equity ratio of 0.15. The firm has a 50-day moving average of $40.94 and a 200-day moving average of $30.50. The firm has a market cap of $1.74 billion, a P/E ratio of 7.49 and a beta of 1.39. Empresa Distribuidora y Comercializadora Norte Sociedad Anónima has a 1-year low of $13.78 and a 1-year high of $51.69.

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.