BidaskClub downgraded shares of Empresa Nacional de Electricidad S.A. (NYSE:EOCC) from a buy rating to a hold rating in a report released on Monday morning.

EOCC has been the subject of a number of other reports. ValuEngine downgraded shares of Empresa Nacional de Electricidad from a buy rating to a hold rating in a research note on Friday, June 30th. TheStreet downgraded shares of Empresa Nacional de Electricidad from a b rating to a c rating in a research note on Monday, June 26th. Finally, Scotiabank raised shares of Empresa Nacional de Electricidad from an underperform rating to a sector perform rating and boosted their price target for the stock from $21.90 to $24.20 in a research note on Monday, August 28th.

Empresa Nacional de Electricidad (NYSE:EOCC) opened at 25.18 on Monday. Empresa Nacional de Electricidad has a 12-month low of $18.35 and a 12-month high of $25.96. The company has a market capitalization of $6.88 billion, a PE ratio of 10.36 and a beta of 0.76. The stock has a 50 day moving average of $23.94 and a 200 day moving average of $23.23.

COPYRIGHT VIOLATION NOTICE: This piece of content was first reported by Watch List News and is owned by of Watch List News. If you are reading this piece of content on another publication, it was stolen and reposted in violation of US and international trademark and copyright legislation. The correct version of this piece of content can be viewed at https://www.watchlistnews.com/empresa-nacional-de-electricidad-s-a-eocc-lowered-to-hold-at-bidaskclub/1573035.html.

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Dynamic Technology Lab Private Ltd bought a new stake in shares of Empresa Nacional de Electricidad during the second quarter worth approximately $208,000. Susquehanna International Group LLP raised its stake in shares of Empresa Nacional de Electricidad by 35.2% during the second quarter. Susquehanna International Group LLP now owns 35,526 shares of the utilities provider’s stock worth $804,000 after buying an additional 9,254 shares during the last quarter. State Street Corp raised its stake in shares of Empresa Nacional de Electricidad by 24.4% during the second quarter. State Street Corp now owns 449,763 shares of the utilities provider’s stock worth $10,180,000 after buying an additional 88,313 shares during the last quarter. OxFORD Asset Management LLP raised its stake in shares of Empresa Nacional de Electricidad by 112.8% during the second quarter. OxFORD Asset Management LLP now owns 75,359 shares of the utilities provider’s stock worth $1,706,000 after buying an additional 39,954 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in shares of Empresa Nacional de Electricidad by 2.2% during the second quarter. Dimensional Fund Advisors LP now owns 491,421 shares of the utilities provider’s stock worth $11,123,000 after buying an additional 10,766 shares during the last quarter. 2.74% of the stock is owned by institutional investors and hedge funds.

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.

Receive News & Ratings for Empresa Nacional de Electricidad S.A. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Empresa Nacional de Electricidad S.A. and related companies with Analyst Ratings Network's FREE daily email newsletter.