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Dimensional Fund Advisors LP Buys 30,180 Shares of Companhia Paranaense de Energia - COPEL (NYSE:ELP)

Companhia Paranaense de Energia - COPEL logo with Utilities background

Dimensional Fund Advisors LP raised its stake in Companhia Paranaense de Energia - COPEL (NYSE:ELP - Free Report) by 32.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 124,507 shares of the utilities provider's stock after acquiring an additional 30,180 shares during the period. Dimensional Fund Advisors LP's holdings in Companhia Paranaense de Energia - COPEL were worth $739,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Ballentine Partners LLC boosted its holdings in shares of Companhia Paranaense de Energia - COPEL by 18.3% in the 4th quarter. Ballentine Partners LLC now owns 20,268 shares of the utilities provider's stock valued at $120,000 after purchasing an additional 3,140 shares in the last quarter. Blue Trust Inc. grew its stake in shares of Companhia Paranaense de Energia - COPEL by 80.8% in the fourth quarter. Blue Trust Inc. now owns 53,333 shares of the utilities provider's stock worth $316,000 after purchasing an additional 23,830 shares during the last quarter. R Squared Ltd acquired a new stake in shares of Companhia Paranaense de Energia - COPEL in the fourth quarter valued at about $31,000. First Affirmative Financial Network bought a new position in Companhia Paranaense de Energia - COPEL during the 4th quarter worth approximately $64,000. Finally, Van ECK Associates Corp lifted its holdings in Companhia Paranaense de Energia - COPEL by 7.6% in the fourth quarter. Van ECK Associates Corp now owns 85,929 shares of the utilities provider's stock valued at $510,000 after buying an additional 6,036 shares during the period. 3.80% of the stock is currently owned by institutional investors.

Companhia Paranaense de Energia - COPEL Trading Down 0.5%

NYSE ELP traded down $0.04 during trading hours on Tuesday, hitting $8.80. 160,795 shares of the company's stock were exchanged, compared to its average volume of 247,516. The firm has a market cap of $4.82 billion, a price-to-earnings ratio of 51.76 and a beta of 0.79. Companhia Paranaense de Energia - COPEL has a 1-year low of $5.72 and a 1-year high of $8.86. The company has a current ratio of 1.45, a quick ratio of 1.43 and a debt-to-equity ratio of 0.51. The stock has a 50-day simple moving average of $7.74 and a 200 day simple moving average of $6.91.

Companhia Paranaense de Energia - COPEL (NYSE:ELP - Get Free Report) last issued its earnings results on Friday, May 9th. The utilities provider reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by ($0.12). The company had revenue of $856.71 million for the quarter, compared to the consensus estimate of $4.97 billion. Companhia Paranaense de Energia - COPEL had a return on equity of 11.88% and a net margin of 14.20%. On average, equities analysts forecast that Companhia Paranaense de Energia - COPEL will post 0.12 EPS for the current fiscal year.

Companhia Paranaense de Energia - COPEL Profile

(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.

See Also

Institutional Ownership by Quarter for Companhia Paranaense de Energia - COPEL (NYSE:ELP)

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