Investors Buy High Volume of Enel Américas Put Options (NYSE:ENIA)

Enel Américas S.A. (NYSE:ENIA) was the recipient of some unusual options trading activity on Wednesday. Traders purchased 1,762 put options on the company. This is an increase of 2,991% compared to the average daily volume of 57 put options.

A number of hedge funds have recently modified their holdings of the stock. Susquehanna International Group LLP bought a new stake in Enel Américas during the 4th quarter valued at $139,000. Moneda S.A. Administradora General de Fondos increased its holdings in shares of Enel Américas by 407,467.4% during the fourth quarter. Moneda S.A. Administradora General de Fondos now owns 1,521,726,221 shares of the utilities provider’s stock valued at $1,750,000 after purchasing an additional 1,521,352,853 shares during the period. Amundi Pioneer Asset Management Inc. raised its stake in shares of Enel Américas by 37.6% during the fourth quarter. Amundi Pioneer Asset Management Inc. now owns 1,399,285 shares of the utilities provider’s stock valued at $11,501,000 after purchasing an additional 382,546 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in Enel Américas by 90.4% in the fourth quarter. JPMorgan Chase & Co. now owns 185,076 shares of the utilities provider’s stock worth $1,521,000 after purchasing an additional 87,875 shares during the period. Finally, Jane Street Group LLC bought a new position in Enel Américas in the 4th quarter valued at about $360,000. 3.95% of the stock is owned by institutional investors and hedge funds.

NYSE ENIA opened at $8.43 on Thursday. Enel Américas has a 52 week low of $6.22 and a 52 week high of $8.94. The company has a current ratio of 0.87, a quick ratio of 0.80 and a debt-to-equity ratio of 0.01. The stock has a market cap of $9.69 billion, a price-to-earnings ratio of 10.67 and a beta of 1.10. The company has a 50-day moving average price of $8.09 and a two-hundred day moving average price of $7.61.

The firm also recently disclosed a semi-annual dividend, which was paid on Thursday, January 21st. Stockholders of record on Friday, January 1st were given a dividend of $0.043 per share. The ex-dividend date was Thursday, January 21st. This represents a dividend yield of 5.8%.

Enel Américas Company Profile

Enel Américas SA, through its subsidiaries, operates as an electricity utility company in Argentina, Brazil, Colombia, and Peru. The company generates, transmits, and distributes electricity using hydroelectric and thermal energy sources. As of December 31, 2019, it had 11,267 megawatts of installed generation capacity and 24.7 million distribution customers.

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