BNP Paribas Financial Markets raised its holdings in Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (NYSE:EDN – Free Report) by 4,310.4% during the third quarter, HoldingsChannel.com reports. The fund owned 41,105 shares of the utilities provider’s stock after purchasing an additional 40,173 shares during the period. BNP Paribas Financial Markets’ holdings in Empresa Distribuidora y Comercializadora Norte Sociedad Anónima were worth $911,000 at the end of the most recent reporting period.
Separately, Helikon Investments Ltd grew its position in shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima by 45.5% during the 2nd quarter. Helikon Investments Ltd now owns 502,260 shares of the utilities provider’s stock worth $8,232,000 after buying an additional 157,042 shares during the period. 1.64% of the stock is owned by hedge funds and other institutional investors.
Empresa Distribuidora y Comercializadora Norte Sociedad Anónima Stock Performance
Shares of EDN opened at $47.34 on Thursday. The company has a market cap of $2.15 billion, a PE ratio of 9.21 and a beta of 1.45. Empresa Distribuidora y Comercializadora Norte Sociedad Anónima has a one year low of $13.78 and a one year high of $47.48. The stock has a 50-day moving average of $31.92 and a 200-day moving average of $22.98. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.82 and a quick ratio of 0.69.
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.
See Also
- Five stocks we like better than Empresa Distribuidora y Comercializadora Norte Sociedad Anónima
- What Are Earnings Reports?
- The Great CPU Race: AMD and Intel Battle for Dominance
- What Are the FAANG Stocks and Are They Good Investments?
- GameStop Turns a Profit: So What? It’s Still Not Worth Investing
- How to Choose Top Rated Stocks
- C3.ai Stock Surges on Strong Sales Despite Profit Concerns
Want to see what other hedge funds are holding EDN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (NYSE:EDN – Free Report).
Receive News & Ratings for Empresa Distribuidora y Comercializadora Norte Sociedad Anónima Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Empresa Distribuidora y Comercializadora Norte Sociedad Anónima and related companies with MarketBeat.com's FREE daily email newsletter.