Truxt Investmentos Ltda. Invests $1.81 Million in Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (NYSE:EDN)

Truxt Investmentos Ltda. purchased a new stake in shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (NYSE:EDN) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 42,029 shares of the utilities provider’s stock, valued at approximately $1,810,000. Empresa Distribuidora y Comercializadora Norte Sociedad Anónima comprises 2.9% of Truxt Investmentos Ltda.’s portfolio, making the stock its 11th biggest position. Truxt Investmentos Ltda. owned 0.09% of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. GAMMA Investing LLC raised its position in Empresa Distribuidora y Comercializadora Norte Sociedad Anónima by 73.7% in the fourth 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 period. SG Americas Securities LLC purchased a new stake in shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima during the 4th quarter worth approximately $101,000. JPMorgan Chase & Co. raised its holdings in shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima by 3.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 79,299 shares of the utilities provider’s stock worth $1,757,000 after purchasing an additional 2,610 shares during the period. Walleye Capital LLC purchased a new position in Empresa Distribuidora y Comercializadora Norte Sociedad Anónima in the third quarter valued at approximately $237,000. Finally, Quadrature Capital Ltd bought a new position in Empresa Distribuidora y Comercializadora Norte Sociedad Anónima during the third quarter valued at $260,000. 1.64% of the stock is owned by hedge funds and other institutional investors.

Empresa Distribuidora y Comercializadora Norte Sociedad Anónima Stock Performance

NYSE:EDN opened at $38.44 on Thursday. The company has a market capitalization of $1.74 billion, a P/E ratio of 7.48 and a beta of 1.39. The business has a fifty day simple moving average of $40.27 and a two-hundred day simple moving average of $31.31. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.82 and a quick ratio of 0.69. Empresa Distribuidora y Comercializadora Norte Sociedad Anónima has a 1 year low of $13.78 and a 1 year high of $51.69.

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.