Comerica Bank lessened its stake in Enel Americas SA (NYSE:ENIA) by 2.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 74,658 shares of the utilities provider’s stock after selling 2,257 shares during the period. Comerica Bank’s holdings in Enel Americas were worth $576,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. First Trust Advisors LP acquired a new position in Enel Americas in the fourth quarter worth about $137,000. FMR LLC raised its position in Enel Americas by 3.9% in the fourth quarter. FMR LLC now owns 100,489 shares of the utilities provider’s stock worth $1,103,000 after purchasing an additional 3,815 shares in the last quarter. Guggenheim Capital LLC raised its position in Enel Americas by 33.6% in the fourth quarter. Guggenheim Capital LLC now owns 142,803 shares of the utilities provider’s stock worth $1,568,000 after purchasing an additional 35,901 shares in the last quarter. Geode Capital Management LLC raised its position in Enel Americas by 197.5% in the fourth quarter. Geode Capital Management LLC now owns 184,442 shares of the utilities provider’s stock worth $2,024,000 after purchasing an additional 122,444 shares in the last quarter. Finally, MERIAN GLOBAL INVESTORS UK Ltd acquired a new position in Enel Americas in the fourth quarter worth about $177,000. Institutional investors and hedge funds own 8.23% of the company’s stock.

NYSE ENIA opened at $7.57 on Friday. The firm has a market cap of $9.00 billion, a price-to-earnings ratio of 6.88 and a beta of 1.20. The company has a 50 day moving average of $7.67 and a 200-day moving average of $9.06. Enel Americas SA has a 1-year low of $5.22 and a 1-year high of $11.21.

Enel Americas (NYSE:ENIA) last posted its quarterly earnings data on Thursday, February 27th. The utilities provider reported $0.60 earnings per share for the quarter. The company had revenue of $3.74 billion during the quarter. Enel Americas had a net margin of 11.60% and a return on equity of 14.90%.

The business also recently declared a semi-annual dividend, which was paid on Thursday, May 21st. Stockholders of record on Friday, May 22nd were paid a dividend of $0.4394 per share. This is a boost from Enel Americas’s previous semi-annual dividend of $0.08. This represents a dividend yield of 6.6%. The ex-dividend date was Thursday, May 21st.

ENIA has been the subject of several recent analyst reports. ValuEngine lowered shares of Enel Americas from a “sell” rating to a “strong sell” rating in a report on Friday, May 1st. Sanford C. Bernstein raised shares of Enel Americas to a “buy” rating in a report on Tuesday, April 7th.

About Enel Americas

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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Institutional Ownership by Quarter for Enel Americas (NYSE:ENIA)

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