FNY Partners Fund LP Takes Position in Empresa Nacional de Electricidad S.A. (NYSE:EOCC)

FNY Partners Fund LP acquired a new stake in Empresa Nacional de Electricidad S.A. (NYSE:EOCC) during the first quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 4,592 shares of the utilities provider’s stock, valued at approximately $102,000.

Several other hedge funds and other institutional investors have also bought and sold shares of EOCC. Eqis Capital Management Inc. raised its stake in shares of Empresa Nacional de Electricidad by 6.5% in the first quarter. Eqis Capital Management Inc. now owns 15,429 shares of the utilities provider’s stock worth $343,000 after buying an additional 943 shares during the last quarter. British Airways Pensions Investment Management Ltd increased its position in Empresa Nacional de Electricidad by 27.5% in the first quarter. British Airways Pensions Investment Management Ltd now owns 70,884 shares of the utilities provider’s stock worth $1,576,000 after buying an additional 15,284 shares during the period. Advisors Asset Management Inc. increased its position in Empresa Nacional de Electricidad by 96.3% in the first quarter. Advisors Asset Management Inc. now owns 46,195 shares of the utilities provider’s stock worth $1,027,000 after buying an additional 22,667 shares during the period. Comerica Bank increased its position in Empresa Nacional de Electricidad by 1.3% in the first quarter. Comerica Bank now owns 15,680 shares of the utilities provider’s stock worth $366,000 after buying an additional 203 shares during the period. Finally, World Asset Management Inc increased its position in Empresa Nacional de Electricidad by 1.7% in the first quarter. World Asset Management Inc now owns 17,025 shares of the utilities provider’s stock worth $379,000 after buying an additional 281 shares during the period. 3.22% of the stock is owned by hedge funds and other institutional investors.

Empresa Nacional de Electricidad S.A. (EOCC) traded down 0.56% during midday trading on Friday, hitting $23.24. 230,566 shares of the company were exchanged. Empresa Nacional de Electricidad S.A. has a 1-year low of $18.35 and a 1-year high of $27.52. The stock has a market capitalization of $6.35 billion, a price-to-earnings ratio of 10.91 and a beta of 0.77. The stock has a 50 day moving average of $23.25 and a 200-day moving average of $22.20.

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A number of equities analysts have issued reports on EOCC shares. Scotiabank reiterated an “underperform” rating on shares of Empresa Nacional de Electricidad in a research note on Monday, May 8th. TheStreet upgraded Empresa Nacional de Electricidad from a “c+” rating to a “b” rating in a research note on Wednesday, May 17th. Finally, ValuEngine downgraded Empresa Nacional de Electricidad from a “buy” rating to a “hold” rating in a research note on Friday, June 30th.

Empresa Nacional de Electricidad Company Profile

Enel Generacion Chile SA, formerly Empresa Nacional De Electricidad SA, is a Chile-based company engaged in the business of electricity generation. The Company operates in Chile. The Company owns and operates a total of approximately 111-generation units in Chile both directly and through its subsidiaries, Pehuenche, Celta and GasAtacama.

Institutional Ownership by Quarter for Empresa Nacional de Electricidad (NYSE:EOCC)

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