Banco BTG Pactual S.A. increased its position in shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (NYSE:EDN – Free Report) by 3.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 88,200 shares of the utilities provider’s stock after acquiring an additional 3,200 shares during the quarter. Empresa Distribuidora y Comercializadora Norte Sociedad Anónima comprises 1.0% of Banco BTG Pactual S.A.’s holdings, making the stock its 26th biggest position. Banco BTG Pactual S.A. owned 0.19% of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima worth $4,145,000 at the end of the most recent reporting period.
Other institutional investors have also recently made changes to their positions in the company. GAMMA Investing LLC increased its holdings in shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima by 73.7% during the 4th quarter. GAMMA Investing LLC now owns 1,596 shares of the utilities provider’s stock valued at $68,000 after purchasing an additional 677 shares in the last quarter. SG Americas Securities LLC acquired a new stake in shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima in the fourth quarter valued at approximately $101,000. Walleye Capital LLC acquired a new position in shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima during the 3rd quarter valued at about $237,000. Quadrature Capital Ltd acquired a new position in Empresa Distribuidora y Comercializadora Norte Sociedad Anónima in the 3rd quarter valued at about $260,000. Finally, ABS Direct Equity Fund LLC acquired a new stake in Empresa Distribuidora y Comercializadora Norte Sociedad Anónima during the fourth quarter worth $731,000. Institutional investors and hedge funds own 1.64% of the company’s stock.
Empresa Distribuidora y Comercializadora Norte Sociedad Anónima Trading Up 2.2 %
EDN opened at $34.41 on Wednesday. The firm has a market cap of $1.56 billion, a P/E ratio of 6.69 and a beta of 1.38. Empresa Distribuidora y Comercializadora Norte Sociedad Anónima has a 52 week low of $13.78 and a 52 week high of $51.69. The company has a quick ratio of 0.69, a current ratio of 0.82 and a debt-to-equity ratio of 0.15. The business has a fifty day simple moving average of $35.94 and a 200-day simple moving average of $34.15.
About Empresa Distribuidora y Comercializadora Norte Sociedad Anónima
Empresa Distribuidora y Comercializadora Norte Sociedad Anónima is involved in the distribution and sale of electricity in Argentina. The company was incorporated in 1992 and is based in Buenos Aires, Argentina. Empresa Distribuidora y Comercializadora Norte Sociedad Anónima operates as a subsidiary of Empresa de Energía del Cono Sur SA.
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