11,339 shares of Enlight Renewable Energy Ltd (NASDAQ:ENLT) purchased by Vanguard Personalized Indexing Management LLC

Vanguard Personalized Indexing Management LLC acquired a new position in shares of Enlight Renewable Energy Ltd ( NASDAQ:ENLT – Free Report ) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 11,339 shares of the company’s stock valued at approximately $217,000.

Several other hedge funds and other institutional investors have also recently increased or decreased their holdings in ENLT. In the third quarter, Vanguard Group Inc. increased its exposure to Enlight Renewable Energy shares by 2.1%. Vanguard Group Inc. now owns 3,889,496 shares of the company’s stock valued at $61,026,000 after purchasing an additional 79,618 shares in the last quarter. DekaBank Deutsche Girozentrale increased its holdings in shares of Enlight Renewable Energy by 1.1% in the 3rd quarter. DekaBank Deutsche Girozentrale now owns 422,381 shares of the company’s stock valued at $6,560,000 after purchasing an additional 4,415 shares during the period. Swiss National Bank increased its position in shares of Enlight Renewable Energy by 3.6% during the third quarter. Swiss National Bank now owns 260,411 shares of the company’s stock worth $4,098,000 after acquiring an additional 9,069 shares in the last quarter. Finally, Assenagon Asset Management SA increased its holdings in Enlight Renewable Energy by 40.1% during the third quarter. Assenagon Asset Management SA now owns 410,362 shares of the company’s stock valued at $6,476,000 after acquiring an additional 117,525 shares during the period. Institutional investors and hedge funds hold 38.89% of the company’s shares.

The Wall Street analyst concludes

ENLT has been the subject of several recent research reports. In a report on Thursday, May 9, Roth Mkm reissued a “buy” rating and set a $20.00 price target (up from $19.00) on shares of Enlight Renewable Energy. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $16.00 (down from $19.00) price target on shares of Enlight Renewable Energy in a research note on Monday, April 8. Finally, Barclays lowered their target price on shares of Enlight Renewable Energy from $21.00 to $20.00 and gave the company an “overweight” rating in a research report on Wednesday, April 10th.

Download our latest Enlight renewable energy research report

Enlight renewable energy shares fell 0.1%

Shares of Enlight Renewable Energy opened at $17.49 on Wednesday. Enlight Renewable Energy Ltd has a fifty-two week low of $12.11 and a fifty-two week high of $20.44. The company has a debt to equity ratio of 1.60, a current ratio of 0.94 and a quick ratio of 0.94. The company has a market capitalization of $2.02 billion, a price-to-earnings ratio of 34.29 and a beta of 1.68. The company’s 50-day simple moving average is $17.07 and its 200-day simple moving average is $17.36.

Enlight Renewable Energy (NASDAQ:ENLT – Get Free Report) last announced its quarterly earnings results on Wednesday, May 8th. The company reported $0.14 earnings per share (EPS) for the quarter, $0.05 above the consensus estimate of $0.09. The company had revenue of $90.40 million for the quarter, compared to analyst estimates of $79.31 million. Enlight Renewable Energy had a net margin of 23.15% and a return on equity of 4.47%. The company’s revenues increased by 27.3% year over year. During the same quarter last year, the company earned $0.20 EPS. As a group, sell-side analysts predict that Enlight Renewable Energy Ltd will post 0.25 EPS for the current year.

Enlighten your renewable energy company profile

(free report)

Enlight Renewable Energy Ltd operates a renewable energy platform in Israel, Central and Eastern Europe, Western Europe and the United States. The company develops, finances, constructs, owns and operates industrial-scale renewable energy projects. It develops projects related to wind energy, solar energy and energy storage.

The Wall Street analyst concludes

Enlight renewable energy shares fell 0.1%

Enlighten your renewable energy company profile

See also