Newfoundland Capital Management bought a new stake in Enersis Americas S.A. (NYSE:ENIA) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor bought 237,474 shares of the utilities provider’s stock, valued at approximately $2,239,000. Enersis Americas makes up about 0.9% of Newfoundland Capital Management’s investment portfolio, making the stock its 10th largest position.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Mitsubishi UFJ Trust & Banking Corp boosted its position in shares of Enersis Americas by 0.7% in the first quarter. Mitsubishi UFJ Trust & Banking Corp now owns 38,458 shares of the utilities provider’s stock valued at $400,000 after buying an additional 260 shares during the period. Sei Investments Co. boosted its position in shares of Enersis Americas by 212.9% in the first quarter. Sei Investments Co. now owns 120,596 shares of the utilities provider’s stock worth $1,253,000 after buying an additional 82,049 shares during the last quarter. Pictet Asset Management Ltd. boosted its position in shares of Enersis Americas by 12.7% in the first quarter. Pictet Asset Management Ltd. now owns 112,107 shares of the utilities provider’s stock worth $1,165,000 after buying an additional 12,600 shares during the last quarter. Comerica Bank boosted its position in shares of Enersis Americas by 20.7% in the first quarter. Comerica Bank now owns 67,098 shares of the utilities provider’s stock worth $664,000 after buying an additional 11,514 shares during the last quarter. Finally, Sumitomo Mitsui Trust Holdings Inc. boosted its position in shares of Enersis Americas by 10.9% in the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 22,451 shares of the utilities provider’s stock worth $233,000 after buying an additional 2,200 shares during the last quarter. 9.19% of the stock is owned by hedge funds and other institutional investors.

Enersis Americas S.A. (ENIA) opened at 10.63 on Monday. The firm’s 50 day moving average price is $10.10 and its 200-day moving average price is $9.91. The company has a market capitalization of $12.21 billion, a PE ratio of 30.37 and a beta of 0.73. Enersis Americas S.A. has a one year low of $7.67 and a one year high of $10.77.

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Separately, J P Morgan Chase & Co cut Enersis Americas from an “overweight” rating to a “neutral” rating in a report on Monday, July 3rd.

Enersis Americas Company Profile

Enel Americas SA, formerly Enersis Americas SA, through its subsidiaries and jointly controlled entities, is engaged in the electricity generation, transmission and distribution businesses in Chile, Brazil, Colombia, Peru and Argentina. The Company operates through two segments: Generation and Transmission, and Distribution.

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Institutional Ownership by Quarter for Enersis Americas (NYSE:ENIA)

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