Vanguard Personalized Indexing Management LLC Has $709,000 Stock Holdings in Enlight Renewable Energy Ltd. $ENLT

Vanguard Personalized Indexing Management LLC increased its position in shares of Enlight Renewable Energy Ltd. (NASDAQ:ENLT) by 61.5% in the 3rd quarter, Holdings Channel.com reports. The fund owned 22,745 shares of the company’s stock after buying an additional 8,664 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Enlight Renewable Energy were worth $709,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the company. Jane Street Group LLC raised its stake in shares of Enlight Renewable Energy by 6.0% during the 2nd quarter. Jane Street Group LLC now owns 11,366 shares of the company’s stock worth $258,000 after purchasing an additional 641 shares in the last quarter. Bank of Montreal Can raised its position in Enlight Renewable Energy by 6.4% during the second quarter. Bank of Montreal Can now owns 11,021 shares of the company’s stock valued at $251,000 after acquiring an additional 660 shares in the last quarter. Geode Capital Management LLC lifted its stake in Enlight Renewable Energy by 0.7% in the second quarter. Geode Capital Management LLC now owns 108,157 shares of the company’s stock valued at $2,458,000 after acquiring an additional 773 shares during the last quarter. BNP Paribas Financial Markets grew its position in Enlight Renewable Energy by 256.1% in the second quarter. BNP Paribas Financial Markets now owns 1,225 shares of the company’s stock worth $28,000 after acquiring an additional 881 shares in the last quarter. Finally, TD Asset Management Inc increased its stake in shares of Enlight Renewable Energy by 8.8% during the 2nd quarter. TD Asset Management Inc now owns 13,821 shares of the company’s stock worth $314,000 after purchasing an additional 1,114 shares during the last quarter. 38.89% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

ENLT has been the topic of several analyst reports. Weiss Ratings reissued a “hold (c)” rating on shares of Enlight Renewable Energy in a research report on Monday, December 29th. JPMorgan Chase & Co. reissued an “underweight” rating and set a $35.00 price objective on shares of Enlight Renewable Energy in a report on Monday, December 8th. Mizuho boosted their target price on Enlight Renewable Energy from $24.00 to $27.00 and gave the stock an “underperform” rating in a report on Monday, November 17th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $38.00 target price on shares of Enlight Renewable Energy in a research report on Wednesday, January 7th. Finally, UBS Group lifted their price target on shares of Enlight Renewable Energy to $65.00 and gave the company a “buy” rating in a research report on Friday, January 16th. Three equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $41.83.

Enlight Renewable Energy Trading Up 5.1%

Shares of Enlight Renewable Energy stock opened at $61.93 on Wednesday. Enlight Renewable Energy Ltd. has a 1 year low of $14.01 and a 1 year high of $62.94. The company’s fifty day simple moving average is $47.17 and its 200-day simple moving average is $36.33. The company has a debt-to-equity ratio of 1.91, a quick ratio of 0.88 and a current ratio of 0.88.

Enlight Renewable Energy (NASDAQ:ENLT) last posted its quarterly earnings data on Wednesday, November 12th. The company reported $0.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.07 by $0.09. Enlight Renewable Energy had a net margin of 22.60% and a return on equity of 7.41%. The company had revenue of $165.06 million for the quarter, compared to the consensus estimate of $146.04 million. As a group, sell-side analysts expect that Enlight Renewable Energy Ltd. will post 0.41 earnings per share for the current fiscal year.

Enlight Renewable Energy Profile

Enlight Renewable Energy Ltd. (NASDAQ:ENLT) is an independent power producer specializing in the development, financing, construction and operation of renewable energy assets. The company’s portfolio encompasses utility-scale solar photovoltaic (PV) farms, onshore wind farms and energy storage facilities. By providing end-to-end project management—from site identification and feasibility studies through engineering procurement and construction (EPC) to long-term operations and maintenance—Enlight seeks to deliver reliable clean power under long-term power purchase agreements (PPAs).

Founded in 2008 and headquartered in Tel Aviv, Enlight has pursued an international growth strategy with operational and development projects in Israel and Western Europe.