Verde Servicos Internacionais S.A. Purchases New Stake in Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (NYSE:EDN)

Verde Servicos Internacionais S.A. acquired a new position in shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (NYSE:EDN) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 21,443 shares of the utilities provider’s stock, valued at approximately $920,000. Empresa Distribuidora y Comercializadora Norte Sociedad Anónima makes up 0.4% of Verde Servicos Internacionais S.A.’s portfolio, making the stock its 23rd largest holding.

A number of other institutional investors have also modified their holdings of EDN. GAMMA Investing LLC increased its holdings 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 valued at $68,000 after buying an additional 677 shares during the last quarter. SG Americas Securities LLC acquired a new stake in shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima during the 4th quarter valued at approximately $101,000. Walleye Capital LLC bought a new position in Empresa Distribuidora y Comercializadora Norte Sociedad Anónima during the third quarter worth $237,000. Quadrature Capital Ltd acquired a new stake in shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima during the third quarter worth $260,000. Finally, BNP Paribas Financial Markets lifted its position in shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima by 4,310.4% in the 3rd quarter. BNP Paribas Financial Markets now owns 41,105 shares of the utilities provider’s stock worth $911,000 after buying an additional 40,173 shares during the last quarter. Institutional investors and hedge funds own 1.64% of the company’s stock.

Empresa Distribuidora y Comercializadora Norte Sociedad Anónima Price Performance

EDN opened at $36.95 on Tuesday. The firm has a market cap of $1.67 billion, a price-to-earnings ratio of 7.19 and a beta of 1.42. The company’s 50-day moving average price is $40.89 and its 200 day moving average price is $28.70. Empresa Distribuidora y Comercializadora Norte Sociedad Anónima has a fifty-two week low of $13.78 and a fifty-two week high of $51.69. 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.