Credit Suisse AG reduced its stake in shares of Empresa Nacional de Electricidad S.A. (NYSE:EOCC) by 0.8% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 205,376 shares of the utilities provider’s stock after selling 1,700 shares during the period. Credit Suisse AG owned 0.08% of Empresa Nacional de Electricidad worth $4,568,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently modified their holdings of the stock. Karp Capital Management Corp acquired a new position in shares of Empresa Nacional de Electricidad during the first quarter valued at $2,462,000. Vanguard Group Inc. boosted its position in shares of Empresa Nacional de Electricidad by 4.3% in the first quarter. Vanguard Group Inc. now owns 1,399,555 shares of the utilities provider’s stock valued at $31,126,000 after buying an additional 57,731 shares during the last quarter. AQR Capital Management LLC boosted its position in shares of Empresa Nacional de Electricidad by 16.6% in the first quarter. AQR Capital Management LLC now owns 201,049 shares of the utilities provider’s stock valued at $4,471,000 after buying an additional 28,647 shares during the last quarter. Advisors Asset Management Inc. boosted its position in shares of Empresa Nacional de Electricidad by 96.3% in the first quarter. Advisors Asset Management Inc. now owns 46,195 shares of the utilities provider’s stock valued at $1,027,000 after buying an additional 22,667 shares during the last quarter. Finally, British Airways Pensions Investment Management Ltd boosted its position in shares of Empresa Nacional de Electricidad by 27.5% in the first quarter. British Airways Pensions Investment Management Ltd now owns 70,884 shares of the utilities provider’s stock valued at $1,576,000 after buying an additional 15,284 shares during the last quarter. Institutional investors own 3.27% of the company’s stock.

Empresa Nacional de Electricidad S.A. (NYSE EOCC) traded up 0.62% during trading on Friday, hitting $22.62. 113,144 shares of the company’s stock traded hands. The company’s 50 day moving average is $23.26 and its 200-day moving average is $22.50. The stock has a market cap of $6.18 billion, a P/E ratio of 9.54 and a beta of 0.78. Empresa Nacional de Electricidad S.A. has a 12 month low of $18.35 and a 12 month high of $24.45.

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Several equities analysts have commented on EOCC shares. Scotiabank reissued an “underperform” rating on shares of Empresa Nacional de Electricidad in a research report on Monday, May 8th. TheStreet raised shares of Empresa Nacional de Electricidad from a “c+” rating to a “b” rating in a research report on Wednesday, May 17th. Finally, ValuEngine cut shares of Empresa Nacional de Electricidad from a “buy” rating to a “hold” rating in a research report on Friday, June 30th.

Empresa Nacional de Electricidad Company Profile

Enel Generacion Chile SA, formerly Empresa Nacional De Electricidad SA, is a Chile-based company engaged in the business of electricity generation. The Company operates in Chile. The Company owns and operates a total of approximately 111-generation units in Chile both directly and through its subsidiaries, Pehuenche, Celta and GasAtacama.

Institutional Ownership by Quarter for Empresa Nacional de Electricidad (NYSE:EOCC)

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