Enersis Americas S.A. (NYSE:ENIA) was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating in a research note issued on Wednesday.

Separately, J P Morgan Chase & Co downgraded shares of Enersis Americas from an “overweight” rating to a “neutral” rating in a research note on Monday, July 3rd.

Enersis Americas (NYSE:ENIA) opened at 10.38 on Wednesday. The firm has a 50-day moving average of $10.22 and a 200 day moving average of $9.99. Enersis Americas has a 52-week low of $7.67 and a 52-week high of $10.80. The firm has a market cap of $11.93 billion, a price-to-earnings ratio of 29.66 and a beta of 0.72.

TRADEMARK VIOLATION NOTICE: This article was posted by Daily Political and is the property of of Daily Political. If you are reading this article on another site, it was illegally copied and republished in violation of U.S. and international copyright & trademark laws. The original version of this article can be viewed at https://www.dailypolitical.com/2017/09/15/bidaskclub-downgrades-enersis-americas-s-a-enia-to-hold.html.

A number of large investors have recently modified their holdings of the business. Bank of Montreal Can increased its stake in Enersis Americas by 0.4% in the first quarter. Bank of Montreal Can now owns 50,000 shares of the utilities provider’s stock valued at $520,000 after purchasing an additional 175 shares in the last quarter. Mitsubishi UFJ Trust & Banking Corp increased its stake in Enersis Americas by 0.7% in the first quarter. Mitsubishi UFJ Trust & Banking Corp now owns 38,458 shares of the utilities provider’s stock valued at $400,000 after purchasing an additional 260 shares in the last quarter. Koch Industries Inc. increased its stake in Enersis Americas by 3.7% in the first quarter. Koch Industries Inc. now owns 12,551 shares of the utilities provider’s stock valued at $130,000 after purchasing an additional 445 shares in the last quarter. Cypress Wealth Advisors LLC increased its stake in Enersis Americas by 8.7% in the first quarter. Cypress Wealth Advisors LLC now owns 12,839 shares of the utilities provider’s stock valued at $133,000 after purchasing an additional 1,026 shares in the last quarter. Finally, Sumitomo Mitsui Trust Holdings Inc. increased its stake in Enersis Americas by 10.9% in the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 22,451 shares of the utilities provider’s stock valued at $233,000 after purchasing an additional 2,200 shares in the last quarter. 9.19% of the stock is owned by hedge funds and other institutional investors.

About Enersis Americas

Enel Americas SA, formerly Enersis Americas SA, through its subsidiaries and jointly controlled entities, is engaged in the electricity generation, transmission and distribution businesses in Chile, Brazil, Colombia, Peru and Argentina. The Company operates through two segments: Generation and Transmission, and Distribution.

Receive News & Ratings for Enersis Americas S.A. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enersis Americas S.A. and related companies with MarketBeat.com's FREE daily email newsletter.