World Asset Management Inc reduced its stake in Enersis Chile S.A. (NYSE:ENIC) by 5.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 57,828 shares of the utilities provider’s stock after selling 3,334 shares during the period. World Asset Management Inc’s holdings in Enersis Chile were worth $318,000 at the end of the most recent quarter.
Separately, NGAM Advisors L.P. acquired a new position in shares of Enersis Chile during the second quarter valued at about $509,000. Hedge funds and other institutional investors own 9.02% of the company’s stock.
Enersis Chile S.A. (NYSE:ENIC) opened at 5.52 on Tuesday. The company has a market capitalization of $5.42 billion, a price-to-earnings ratio of 7.89 and a beta of -0.31. The company has a 50 day moving average of $5.56 and a 200 day moving average of $5.39. Enersis Chile S.A. has a 52 week low of $4.25 and a 52 week high of $5.85.
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Enersis Chile Company Profile
Enel Chile SA is a Chile-based electricity utility company. The Company, through its combined entities and affiliates, is engaged in the generation, transmission and distribution of electricity businesses. The Company’s segments include Generation, Distribution, and Other businesses and intercompany transaction adjustments.
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