116,791 Shares in Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (NYSE:EDN) Purchased by William Blair Investment Management LLC

William Blair Investment Management LLC purchased a new stake in Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (NYSE:EDN) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 116,791 shares of the utilities provider’s stock, valued at approximately $5,012,000.

Several other large investors have also recently added to or reduced their stakes in the company. GAMMA Investing LLC grew its position in 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 worth $68,000 after acquiring an additional 677 shares during the last quarter. SG Americas Securities LLC bought a new stake in shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima during the fourth quarter worth $101,000. JPMorgan Chase & Co. increased its stake in shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima by 3.4% in the third quarter. JPMorgan Chase & Co. now owns 79,299 shares of the utilities provider’s stock valued at $1,757,000 after buying an additional 2,610 shares in the last quarter. Walleye Capital LLC bought a new position in shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima in the third quarter valued at about $237,000. Finally, Quadrature Capital Ltd acquired a new position in Empresa Distribuidora y Comercializadora Norte Sociedad Anónima during the 3rd quarter worth about $260,000. 1.64% of the stock is owned by institutional investors.

Empresa Distribuidora y Comercializadora Norte Sociedad Anónima Trading Up 5.8 %

Shares of NYSE EDN opened at $32.32 on Thursday. Empresa Distribuidora y Comercializadora Norte Sociedad Anónima has a 1-year low of $13.78 and a 1-year high of $51.69. The company has a 50-day moving average of $36.16 and a two-hundred day moving average of $33.68. The company has a market cap of $1.46 billion, a PE ratio of 6.29 and a beta of 1.38. The company has a current ratio of 0.82, a quick ratio of 0.69 and a debt-to-equity ratio of 0.15.

Empresa Distribuidora y Comercializadora Norte Sociedad Anónima Profile

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.