ValuEngine upgraded shares of Empresa Nacional de Electricidad S.A. (NYSE:EOCC) from a hold rating to a buy rating in a research report report published on Thursday morning.

Other research analysts have also recently issued research reports about the company. TheStreet cut Empresa Nacional de Electricidad from a b rating to a c rating in a report on Monday, June 26th. Scotiabank reaffirmed an underperform rating on shares of Empresa Nacional de Electricidad in a report on Monday, May 8th.

Shares of Empresa Nacional de Electricidad (NYSE EOCC) opened at 22.62 on Thursday. Empresa Nacional de Electricidad has a 12 month low of $18.35 and a 12 month high of $24.50. The firm has a market capitalization of $6.18 billion, a PE ratio of 9.54 and a beta of 0.78. The company has a 50 day moving average price of $23.26 and a 200-day moving average price of $22.50.

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Several hedge funds and other institutional investors have recently bought and sold shares of EOCC. Mirae Asset Global Investments Co. Ltd. boosted its position in Empresa Nacional de Electricidad by 0.5% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 12,199 shares of the utilities provider’s stock valued at $271,000 after buying an additional 62 shares in the last quarter. Comerica Bank boosted its position in Empresa Nacional de Electricidad by 1.3% in the first quarter. Comerica Bank now owns 15,680 shares of the utilities provider’s stock valued at $366,000 after buying an additional 203 shares in the last quarter. World Asset Management Inc boosted its position in Empresa Nacional de Electricidad by 1.7% in the first quarter. World Asset Management Inc now owns 17,025 shares of the utilities provider’s stock valued at $379,000 after buying an additional 281 shares in the last quarter. UBS Group AG boosted its position in Empresa Nacional de Electricidad by 4.6% in the first quarter. UBS Group AG now owns 11,590 shares of the utilities provider’s stock valued at $257,000 after buying an additional 505 shares in the last quarter. Finally, Eqis Capital Management Inc. boosted its position in Empresa Nacional de Electricidad by 6.5% in the first quarter. Eqis Capital Management Inc. now owns 15,429 shares of the utilities provider’s stock valued at $343,000 after buying an additional 943 shares in the last quarter. 3.27% of the stock is currently owned by institutional investors.

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.

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