Enel Americas (NYSE:ENIA) was upgraded by investment analysts at J P Morgan Chase & Co from a “neutral” rating to an “overweight” rating in a research report issued to clients and investors on Thursday, MarketBeat.com reports.
Other equities research analysts have also issued research reports about the company. BidaskClub upgraded Enel Americas from a “hold” rating to a “buy” rating in a research note on Friday, October 6th. Scotiabank upgraded Enel Americas from a “sector perform” rating to an “outperform” rating in a research note on Wednesday, November 1st.
Enel Americas (NYSE:ENIA) traded up $0.23 during mid-day trading on Thursday, hitting $10.11. The stock had a trading volume of 1,107,360 shares, compared to its average volume of 951,830. Enel Americas has a fifty-two week low of $7.75 and a fifty-two week high of $11.10.
Institutional investors and hedge funds have recently modified their holdings of the company. Empirical Finance LLC acquired a new position in shares of Enel Americas in the 2nd quarter worth approximately $104,000. BNP Paribas Arbitrage SA grew its position in shares of Enel Americas by 280.9% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 11,936 shares of the utilities provider’s stock worth $113,000 after acquiring an additional 8,802 shares in the last quarter. Trexquant Investment LP acquired a new position in shares of Enel Americas in the 3rd quarter worth approximately $160,000. Susquehanna International Group LLP acquired a new position in shares of Enel Americas in the 2nd quarter worth approximately $196,000. Finally, Deltec Asset Management LLC acquired a new position in shares of Enel Americas in the 3rd quarter worth approximately $355,000. Institutional investors own 8.40% of the company’s stock.
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Enel 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.
