Advisors Asset Management Inc. boosted its stake in shares of Empresa Nacional de Electricidad S.A. (NYSE:EOCC) by 33.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 61,511 shares of the utilities provider’s stock after buying an additional 15,316 shares during the period. Advisors Asset Management Inc.’s holdings in Empresa Nacional de Electricidad were worth $1,393,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Schwab Charles Investment Management Inc. raised its stake in Empresa Nacional de Electricidad by 17.0% in the first quarter. Schwab Charles Investment Management Inc. now owns 94,204 shares of the utilities provider’s stock valued at $2,096,000 after buying an additional 13,706 shares in the last quarter. Morgan Stanley raised its stake in Empresa Nacional de Electricidad by 5.8% in the first quarter. Morgan Stanley now owns 127,263 shares of the utilities provider’s stock valued at $2,830,000 after buying an additional 7,010 shares in the last quarter. UBS Group AG raised its stake 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. Vanguard Group Inc. raised its stake in 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 in the last quarter. Finally, Global X Management Co. LLC raised its stake in Empresa Nacional de Electricidad by 27.5% in the first quarter. Global X Management Co. LLC now owns 5,402 shares of the utilities provider’s stock valued at $120,000 after buying an additional 1,165 shares in the last quarter. Institutional investors own 3.27% of the company’s stock.

Empresa Nacional de Electricidad S.A. (EOCC) opened at 22.98 on Friday. Empresa Nacional de Electricidad S.A. has a 52 week low of $18.35 and a 52 week high of $24.45. The firm’s 50-day moving average price is $23.25 and its 200-day moving average price is $22.63. The stock has a market cap of $6.28 billion, a PE ratio of 9.70 and a beta of 0.78.

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Several research firms recently weighed in on EOCC. Scotiabank restated an “underperform” rating on shares of Empresa Nacional de Electricidad in a research report on Monday, May 8th. TheStreet upgraded Empresa Nacional de Electricidad from a “c+” rating to a “b” rating in a research note on Wednesday, May 17th. Finally, ValuEngine upgraded Empresa Nacional de Electricidad from a “hold” rating to a “buy” rating in a research note on Thursday, August 17th.

About Empresa Nacional de Electricidad

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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