Centrais Elétricas Brasileiras S.A. - Eletrobrás (NYSE:EBR) Shares Purchased by Quantbot Technologies LP

Quantbot Technologies LP boosted its stake in shares of Centrais Elétricas Brasileiras S.A. - Eletrobrás (NYSE:EBR - Free Report) by 285.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 123,766 shares of the utilities provider's stock after acquiring an additional 91,643 shares during the quarter. Quantbot Technologies LP's holdings in Centrais Elétricas Brasileiras S.A. - Eletrobrás were worth $708,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Quantinno Capital Management LP increased its position in shares of Centrais Elétricas Brasileiras S.A. - Eletrobrás by 55.6% in the third quarter. Quantinno Capital Management LP now owns 21,938 shares of the utilities provider's stock valued at $159,000 after buying an additional 7,843 shares in the last quarter. First Affirmative Financial Network raised its position in Centrais Elétricas Brasileiras S.A. - Eletrobrás by 39.7% during the fourth quarter. First Affirmative Financial Network now owns 39,299 shares of the utilities provider's stock worth $225,000 after acquiring an additional 11,177 shares during the period. Vinland Capital Management Gestora de Recursos LTDA. purchased a new position in Centrais Elétricas Brasileiras S.A. - Eletrobrás during the fourth quarter valued at $320,000. Natixis Advisors LLC grew its position in shares of Centrais Elétricas Brasileiras S.A. - Eletrobrás by 12.3% in the third quarter. Natixis Advisors LLC now owns 50,727 shares of the utilities provider's stock valued at $367,000 after purchasing an additional 5,552 shares during the period. Finally, Public Employees Retirement System of Ohio purchased a new stake in shares of Centrais Elétricas Brasileiras S.A. - Eletrobrás during the third quarter worth about $433,000. 2.64% of the stock is currently owned by hedge funds and other institutional investors.

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Centrais Elétricas Brasileiras S.A. - Eletrobrás Price Performance

Centrais Elétricas Brasileiras S.A. - Eletrobrás stock traded down $0.13 during midday trading on Friday, reaching $7.14. The company had a trading volume of 1,282,110 shares, compared to its average volume of 1,176,047. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.06 and a quick ratio of 2.04. Centrais Elétricas Brasileiras S.A. - Eletrobrás has a 12-month low of $5.45 and a 12-month high of $8.41. The company has a market capitalization of $16.02 billion, a P/E ratio of 8.70, a P/E/G ratio of 4.35 and a beta of 1.00. The firm's fifty day simple moving average is $6.56 and its 200-day simple moving average is $6.44.

Centrais Elétricas Brasileiras S.A. - Eletrobrás (NYSE:EBR - Get Free Report) last issued its quarterly earnings results on Friday, March 14th. The utilities provider reported $0.03 EPS for the quarter, missing the consensus estimate of $0.11 by ($0.08). The firm had revenue of $1.67 billion for the quarter, compared to analysts' expectations of $10.17 billion. Centrais Elétricas Brasileiras S.A. - Eletrobrás had a return on equity of 9.00% and a net margin of 26.50%. As a group, equities analysts anticipate that Centrais Elétricas Brasileiras S.A. - Eletrobrás will post 0.32 EPS for the current year.

About Centrais Elétricas Brasileiras S.A. - Eletrobrás

Centrais Elétricas Brasileiras SA - Eletrobrás, through its subsidiaries, engages in the generation, transmission, and commercialization of electricity in Brazil. The company generates electricity through hydroelectric, thermoelectric, nuclear, wind, and solar plants. As of December 31, 2023, it owned and operated 44 hydroelectric plants with a total capacity of 42,293.5 megawatt (MW); 5 thermal plants, including coal and gas power generation units with a total installed capacity of 1,632 MW; and two nuclear power plants comprising Angra 1 with an installed capacity of 657 MW and Angra 2 with an installed capacity of 1350 MW.