Enel Chile S.A. (NYSE:ENIC) Shares Bought by Schechter Investment Advisors LLC

Schechter Investment Advisors LLC raised its holdings in Enel Chile S.A. (NYSE:ENIC) by 2.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 165,911 shares of the utilities provider’s stock after acquiring an additional 3,435 shares during the period. Schechter Investment Advisors LLC’s holdings in Enel Chile were worth $478,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of ENIC. Advisors Preferred LLC acquired a new stake in shares of Enel Chile during the 4th quarter worth $25,000. Intelligence Driven Advisers LLC acquired a new stake in Enel Chile during the 4th quarter worth approximately $31,000. Caprock Group LLC acquired a new position in Enel Chile during the fourth quarter valued at approximately $32,000. Wealthstream Advisors Inc. acquired a new stake in shares of Enel Chile in the fourth quarter worth $37,000. Finally, Truist Financial Corp purchased a new position in shares of Enel Chile in the 4th quarter valued at $38,000. 3.20% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts have commented on the company. StockNews.com cut Enel Chile from a “buy” rating to a “hold” rating in a research note on Monday. Scotiabank lowered shares of Enel Chile from a “sector outperform” rating to a “sector perform” rating and set a $3.90 price objective on the stock. in a research note on Friday, November 22nd.

Enel Chile Stock Up 0.7 %

ENIC stock opened at $3.44 on Thursday. The company has a market capitalization of $4.75 billion, a PE ratio of 5.63 and a beta of 1.12. The stock’s 50 day moving average is $3.10 and its two-hundred day moving average is $2.87. Enel Chile S.A. has a 52-week low of $2.51 and a 52-week high of $3.49.

About Enel Chile

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.