Enel Chile S.A. (NYSE:ENIC) Shares Sold by Kayne Anderson Capital Advisors LP

Kayne Anderson Capital Advisors LP trimmed its position in shares of Enel Chile S.A. (NYSE:ENIC – Get Rating) by 49.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 172,900 shares of the utilities provider’s stock after selling 166,100 shares during the quarter. Kayne Anderson Capital Advisors LP’s holdings in Enel Chile were worth $239,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. State Street Corp increased its stake in shares of Enel Chile by 2.3% during the second quarter. State Street Corp now owns 4,102,648 shares of the utilities provider’s stock worth $4,554,000 after acquiring an additional 90,376 shares during the period. AQR Capital Management LLC increased its stake in shares of Enel Chile by 17.4% during the second quarter. AQR Capital Management LLC now owns 2,795,465 shares of the utilities provider’s stock worth $3,103,000 after acquiring an additional 415,298 shares during the period. Renaissance Technologies LLC increased its stake in shares of Enel Chile by 18.9% during the second quarter. Renaissance Technologies LLC now owns 2,095,678 shares of the utilities provider’s stock worth $2,326,000 after acquiring an additional 333,790 shares during the period. Royal Bank of Canada increased its stake in shares of Enel Chile by 24.4% during the first quarter. Royal Bank of Canada now owns 1,241,103 shares of the utilities provider’s stock worth $1,961,000 after acquiring an additional 243,239 shares during the period. Finally, Sumitomo Mitsui Trust Holdings Inc. increased its stake in shares of Enel Chile by 22.9% during the second quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 952,047 shares of the utilities provider’s stock worth $1,057,000 after acquiring an additional 177,335 shares during the period. 2.49% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of Enel Chile from a “hold” rating to a “buy” rating in a research note on Monday.

Enel Chile Stock Performance

ENIC stock traded down $0.04 during trading on Wednesday, reaching $2.23. 56,662 shares of the company were exchanged, compared to its average volume of 355,135. The company has a market cap of $3.08 billion, a P/E ratio of 15.13 and a beta of 1.01. Enel Chile S.A. has a 52-week low of $0.98 and a 52-week high of $2.34. The stock’s 50 day moving average price is $2.11 and its 200 day moving average price is $1.75.

Enel Chile (NYSE:ENIC – Get Rating) last released its quarterly earnings data on Friday, October 28th. The utilities provider reported $0.08 EPS for the quarter. The firm had revenue of $1.43 billion for the quarter. Enel Chile had a net margin of 4.58% and a return on equity of 19.97%.

Enel Chile Profile

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Enel Chile SA engages in the development, operation, generation, and distribution of electricity. It operates through following segments: Generation, Transmission, and Distribution. The Generation segment supplies electricity to end customers using lines and substations that belong to transmission and distribution companies.