Clal Insurance Enterprises Holdings Ltd raised its stake in Enlight Renewable Energy Ltd (NASDAQ:ENLT – Free Report) by 4.2% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,771,161 shares of the company’s stock after purchasing an additional 353,750 shares during the quarter. Enlight Renewable Energy makes up about 1.3% of Clal Insurance Enterprises Holdings Ltd’s portfolio, making the stock its 22nd biggest holding. Clal Insurance Enterprises Holdings Ltd owned 7.59% of Enlight Renewable Energy worth $147,885,000 as of its most recent filing with the Securities & Exchange Commission. Other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. lifted its stake in Enlight Renewable Energy by 0.7% in the 1st quarter. Vanguard Group Inc. now owns 4,001,391 shares of the company’s stock valued at $67,704,000 after purchasing an additional 29,249 shares during the last quarter. Quadrature Capital Ltd bought a new position in shares of Enlight Renewable Energy during the 1st quarter worth approximately $377,000. Tidal Investments LLC acquired a new stake in Enlight Renewable Energy during the 1st quarter valued at $254,000. Harel Insurance Investments & Financial Services Ltd. boosted its position in Enlight Renewable Energy by 3.0% during the second quarter. Harel Insurance Investments & Financial Services Ltd. now owns 2,619,180 shares of the company’s stock worth $42,326,000 after purchasing an additional 76,873 shares during the period. Finally, Y.D. More Investments Ltd boosted its position in Enlight Renewable Energy by 94,919.7% during the second quarter. Y.D. More Investments Ltd now owns 1,957,405 shares of the company’s stock worth $31,166,000 after purchasing an additional 1,955,345 shares during the period. Institutional investors and hedge funds own 38.89% of the company’s stock. Analysts Set New Price TargetsA number of research firms have recently issued reports on ENLT. Barclays raised their target price on shares of Enlight Renewable Energy from $20.00 to $21.00 and gave the stock an “overweight” rating in a research note on Friday, November 15th. Roth Mkm reissued a “buy” rating and set a $20.00 price target on shares of Enlight Renewable Energy in a report on Wednesday, August 14th.Read Our Latest Stock Report on ENLTEnlight Renewable Energy Price PerformanceShares of NASDAQ:ENLT traded up $0.13 during trading on Friday, reaching $16.14. 7,670 shares of the company traded hands, compared to its average volume of 11,004. The company has a quick ratio of 0.53, a current ratio of 0.53 and a debt-to-equity ratio of 1.64. Enlight Renewable Energy Ltd has a 52 week low of $14.09 and a 52 week high of $20.00. The firm has a market capitalization of $1.87 billion, a PE ratio of 36.59 and a beta of 1.71. The company’s 50 day moving average is $15.88 a
Lun. Dic 23rd, 2024
