Zacks Investment Research upgraded shares of Enel Americas (NYSE:ENIA) from a sell rating to a hold rating in a research note published on Monday morning, Zacks.com reports.
According to Zacks, “Enel Americas SA engages in the exploitation, distribution and transformation of energy directly or through its subsidiaries and affiliates. It operating business segments consists of Generation & Transmission and Distribution. Generation & Transmission segment composes of companies which own generation plants. Distribution segment includes electricity supply to the final customers. Enel Americas SA, formerly known as Enersis S A ADR, is based in Santiago, Chile. “
Shares of Enel Americas stock opened at $8.37 on Monday. Enel Americas has a 12 month low of $6.96 and a 12 month high of $10.52.
Institutional investors have recently made changes to their positions in the business. NumerixS Investment Technologies Inc lifted its position in Enel Americas by 200.0% during the fourth quarter. NumerixS Investment Technologies Inc now owns 3,000 shares of the utilities provider’s stock valued at $27,000 after buying an additional 2,000 shares during the period. BNP Paribas Arbitrage SA lifted its position in Enel Americas by 180.8% during the first quarter. BNP Paribas Arbitrage SA now owns 3,033 shares of the utilities provider’s stock valued at $27,000 after buying an additional 1,953 shares during the period. Advisor Group Inc. lifted its position in Enel Americas by 306.7% during the fourth quarter. Advisor Group Inc. now owns 3,522 shares of the utilities provider’s stock valued at $31,000 after buying an additional 2,656 shares during the period. Pictet Asset Management Ltd. lifted its position in Enel Americas by 355.5% during the first quarter. Pictet Asset Management Ltd. now owns 460,972 shares of the utilities provider’s stock valued at $82,000 after buying an additional 359,765 shares during the period. Finally, Fulton Bank N.A. purchased a new position in shares of Enel Americas in the 1st quarter worth about $92,000.
Enel Americas Company Profile
Enel Américas SA operates as an electricity utility company in Argentina, Brazil, Colombia, and Peru. The company, through its subsidiaries, generates, transmits, and distributes electricity using hydroelectric and thermal energy sources. As of December 31, 2017, it had 11,444 megawatts of installed generation capacity and 17.2 million distribution customers.
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