Stock Traders Purchase Large Volume of Enel Américas Put Options (NYSE:ENIA)


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Enel Américas S.A. (NYSE:ENIA) was the recipient of some unusual options trading on Wednesday. Investors purchased 1,762 put options on the company. This represents an increase of approximately 2,991% compared to the average daily volume of 57 put options.

Several hedge funds have recently bought and sold shares of ENIA. Wells Fargo & Company MN grew its stake in shares of Enel Américas by 2,927.8% during the 3rd quarter. Wells Fargo & Company MN now owns 190,934 shares of the utilities provider’s stock worth $1,233,000 after acquiring an additional 184,628 shares during the period. Thrivent Financial for Lutherans bought a new position in shares of Enel Américas during the 3rd quarter worth $142,000. AXA S.A. grew its stake in shares of Enel Américas by 38.4% during the 3rd quarter. AXA S.A. now owns 58,700 shares of the utilities provider’s stock worth $379,000 after acquiring an additional 16,300 shares during the period. Wetherby Asset Management Inc. purchased a new stake in Enel Américas during the 3rd quarter worth about $86,000. Finally, Morgan Stanley lifted its holdings in Enel Américas by 455.2% during the 3rd quarter. Morgan Stanley now owns 1,703,724 shares of the utilities provider’s stock worth $11,006,000 after purchasing an additional 1,396,836 shares in the last quarter. Institutional investors own 3.95% of the company’s stock.

Shares of NYSE:ENIA opened at $8.43 on Thursday. The company has a market capitalization of $9.69 billion, a PE ratio of 10.67 and a beta of 1.10. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.87 and a quick ratio of 0.80. The business has a fifty day moving average price of $8.09 and a two-hundred day moving average price of $7.61. Enel Américas has a 1 year low of $6.22 and a 1 year high of $8.94.

The company also recently declared a semi-annual dividend, which was paid on Thursday, January 21st. Stockholders of record on Friday, January 1st were paid a dividend of $0.043 per share. The ex-dividend date was Thursday, January 21st. This represents a dividend yield of 5.8%.

About Enel Américas

Enel Américas SA, through its subsidiaries, operates as an electricity utility company in Argentina, Brazil, Colombia, and Peru. The company generates, transmits, and distributes electricity using hydroelectric and thermal energy sources. As of December 31, 2019, it had 11,267 megawatts of installed generation capacity and 24.7 million distribution customers.

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