Jump Financial LLC Purchases New Position in Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (NYSE:EDN)

Jump Financial LLC purchased a new position in shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (NYSE:EDN) during the fourth quarter, Holdings Channel reports. The firm purchased 6,407 shares of the utilities provider’s stock, valued at approximately $275,000.

Several other institutional investors also recently bought and sold shares of the business. William Blair Investment Management LLC acquired a new position in shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima during the 4th quarter worth approximately $5,012,000. Banco BTG Pactual S.A. increased its holdings in Empresa Distribuidora y Comercializadora Norte Sociedad Anónima by 3.8% in the 4th quarter. Banco BTG Pactual S.A. now owns 88,200 shares of the utilities provider’s stock worth $4,145,000 after acquiring an additional 3,200 shares in the last quarter. JPMorgan Chase & Co. raised its position in Empresa Distribuidora y Comercializadora Norte Sociedad Anónima by 3.4% during the third quarter. JPMorgan Chase & Co. now owns 79,299 shares of the utilities provider’s stock worth $1,757,000 after acquiring an additional 2,610 shares during the period. SPX Gestao de Recursos Ltda purchased a new position in Empresa Distribuidora y Comercializadora Norte Sociedad Anónima during the fourth quarter valued at $2,938,000. Finally, Truxt Investmentos Ltda. acquired a new stake in shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima in the fourth quarter valued at about $1,810,000. 1.64% of the stock is owned by institutional investors and hedge funds.

Empresa Distribuidora y Comercializadora Norte Sociedad Anónima Stock Down 1.1 %

EDN opened at $31.53 on Friday. The company has a market cap of $1.43 billion, a PE ratio of 6.13 and a beta of 1.28. Empresa Distribuidora y Comercializadora Norte Sociedad Anónima has a twelve month low of $13.78 and a twelve month high of $51.69. The company has a 50-day moving average price of $32.24 and a 200 day moving average price of $35.22. The company has a quick ratio of 0.69, a current ratio of 0.82 and a debt-to-equity ratio of 0.15.

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.