Enel Generacion Chile SA (EOCC) Given Consensus Rating of “Sell” by Brokerages
Enel Generacion Chile SA (NYSE:EOCC) has been assigned a consensus broker rating score of 3.70 (Sell) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One analyst has rated the stock with a sell rating.
Zacks has also assigned Enel Generacion Chile an industry rank of 82 out of 255 based on the ratings given to related companies.
Separately, ValuEngine cut shares of Enel Generacion Chile from a “hold” rating to a “sell” rating in a report on Saturday, June 2nd.
Hedge funds have recently modified their holdings of the stock. Sei Investments Co. purchased a new stake in Enel Generacion Chile in the first quarter worth approximately $264,000. Cowen Inc. boosted its stake in shares of Enel Generacion Chile by 180.3% during the 1st quarter. Cowen Inc. now owns 368,322 shares of the utilities provider’s stock worth $10,507,000 after acquiring an additional 236,934 shares during the last quarter. Deutsche Bank AG boosted its stake in shares of Enel Generacion Chile by 73.0% during the 4th quarter. Deutsche Bank AG now owns 8,591 shares of the utilities provider’s stock worth $230,000 after acquiring an additional 3,626 shares during the last quarter. Crossmark Global Holdings Inc. boosted its stake in shares of Enel Generacion Chile by 827.2% during the 2nd quarter. Crossmark Global Holdings Inc. now owns 242,267 shares of the utilities provider’s stock worth $4,848,000 after acquiring an additional 216,138 shares during the last quarter. Finally, Allianz Asset Management GmbH purchased a new position in shares of Enel Generacion Chile during the 1st quarter worth $8,983,000. Institutional investors own 0.56% of the company’s stock.
Enel Generacion Chile Company Profile
Enel Generación Chile SA, an electricity utility company, engages in the generation, transmission, and distribution of electricity in Chile. The company generates electricity through hydro, thermal, and wind power sources. As of December 31, 2017, it had 6,351 megawatts of installed capacity with 28 generation facilities and a total of 111 generation units.
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