Robeco Institutional Asset Management B.V. trimmed its holdings in shares of Companhia Paranaense de Energia - COPEL (NYSE:ELP - Free Report) by 27.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,121,937 shares of the utilities provider's stock after selling 428,109 shares during the period. Robeco Institutional Asset Management B.V.'s holdings in Companhia Paranaense de Energia - COPEL were worth $6,653,000 at the end of the most recent quarter.
Other large investors have also bought and sold shares of the company. R Squared Ltd bought a new stake in shares of Companhia Paranaense de Energia - COPEL during the 4th quarter valued at $31,000. Point72 Asia Singapore Pte. Ltd. bought a new stake in Companhia Paranaense de Energia - COPEL in the third quarter valued at about $34,000. GAMMA Investing LLC lifted its stake in Companhia Paranaense de Energia - COPEL by 61.2% in the third quarter. GAMMA Investing LLC now owns 5,380 shares of the utilities provider's stock valued at $40,000 after buying an additional 2,043 shares during the period. Signaturefd LLC boosted its holdings in Companhia Paranaense de Energia - COPEL by 12.6% during the third quarter. Signaturefd LLC now owns 12,929 shares of the utilities provider's stock worth $96,000 after buying an additional 1,451 shares during the last quarter. Finally, Ballentine Partners LLC grew its position in shares of Companhia Paranaense de Energia - COPEL by 18.3% during the 4th quarter. Ballentine Partners LLC now owns 20,268 shares of the utilities provider's stock worth $120,000 after buying an additional 3,140 shares during the period. 3.80% of the stock is currently owned by institutional investors and hedge funds.
Companhia Paranaense de Energia - COPEL Price Performance
Shares of ELP stock traded down $0.06 on Wednesday, reaching $6.75. The company had a trading volume of 237,259 shares, compared to its average volume of 232,637. The company has a 50-day moving average of $6.18 and a 200-day moving average of $6.85. Companhia Paranaense de Energia - COPEL has a 12 month low of $5.72 and a 12 month high of $8.51. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.43 and a current ratio of 1.45.
Companhia Paranaense de Energia - COPEL (NYSE:ELP - Get Free Report) last issued its earnings results on Wednesday, November 6th. The utilities provider reported $0.07 EPS for the quarter. The firm had revenue of $1.03 billion during the quarter. Companhia Paranaense de Energia - COPEL had a net margin of 14.20% and a return on equity of 11.88%. As a group, equities research analysts expect that Companhia Paranaense de Energia - COPEL will post 0.12 earnings per share for the current fiscal year.
Companhia Paranaense de Energia - COPEL Cuts Dividend
The company also recently disclosed a dividend, which was paid on Thursday, January 2nd. Investors of record on Friday, December 13th were given a $0.1441 dividend. The ex-dividend date was Friday, December 13th.
About Companhia Paranaense de Energia - COPEL
(
Free Report)
Companhia Paranaense de Energia - COPEL engages in the generation, transformation, distribution, and sale of electricity to industrial, residential, commercial, rural, and other customers in Brazil. The company operates through Power Generation and Transmission, Power Distribution, Power Sale, and Gas segments.
Recommended Stories
Before you consider Companhia Paranaense de Energia - COPEL, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Companhia Paranaense de Energia - COPEL wasn't on the list.
While Companhia Paranaense de Energia - COPEL currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
