Pendal Group Ltd Invests $12.97 Million in Enel Americas SA (NYSE:ENIA)

Pendal Group Ltd acquired a new position in shares of Enel Americas SA (NYSE:ENIA) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 1,537,019 shares of the utilities provider’s stock, valued at approximately $12,971,000. Pendal Group Ltd owned about 0.13% of Enel Americas at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Acadian Asset Management LLC lifted its stake in Enel Americas by 4.3% in the third quarter. Acadian Asset Management LLC now owns 7,517,312 shares of the utilities provider’s stock valued at $58,109,000 after purchasing an additional 310,779 shares during the last quarter. Massachusetts Financial Services Co. MA grew its stake in shares of Enel Americas by 0.7% during the third quarter. Massachusetts Financial Services Co. MA now owns 4,547,335 shares of the utilities provider’s stock valued at $35,152,000 after buying an additional 29,926 shares during the last quarter. Alliancebernstein L.P. grew its stake in shares of Enel Americas by 1.7% during the third quarter. Alliancebernstein L.P. now owns 2,344,686 shares of the utilities provider’s stock valued at $18,124,000 after buying an additional 39,940 shares during the last quarter. Wells Fargo & Company MN grew its stake in shares of Enel Americas by 7.2% during the third quarter. Wells Fargo & Company MN now owns 1,966,989 shares of the utilities provider’s stock valued at $15,205,000 after buying an additional 132,668 shares during the last quarter. Finally, Renaissance Technologies LLC grew its stake in shares of Enel Americas by 87.1% during the third quarter. Renaissance Technologies LLC now owns 1,786,900 shares of the utilities provider’s stock valued at $13,813,000 after buying an additional 831,600 shares during the last quarter. Hedge funds and other institutional investors own 7.13% of the company’s stock.

ENIA has been the subject of several research analyst reports. ValuEngine upgraded shares of Enel Americas from a “sell” rating to a “hold” rating in a report on Tuesday, November 13th. Santander downgraded shares of Enel Americas from a “buy” rating to a “hold” rating in a research report on Tuesday, December 18th. Finally, Morgan Stanley started coverage on shares of Enel Americas in a research note on Monday, October 22nd. They set an “overweight” rating on the stock.

Enel Americas stock opened at $10.15 on Thursday. The stock has a market capitalization of $11.72 billion, a PE ratio of 16.37 and a beta of 0.60. Enel Americas SA has a twelve month low of $6.96 and a twelve month high of $12.03.

The business also recently disclosed a Semi-Annual dividend, which was paid on Monday, February 11th. Shareholders of record on Friday, January 18th were given a $0.068 dividend. The ex-dividend date was Thursday, January 17th. Enel Americas’s dividend payout ratio (DPR) is 22.58%.

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Enel Americas Company Profile

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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