Companhia Paranaense de Energia - COPEL (NYSE:ELP) Stake Lifted by Two Sigma Investments LP

Two Sigma Investments LP lifted its holdings in Companhia Paranaense de Energia - COPEL (NYSE:ELP - Free Report) by 176.6% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 288,065 shares of the utilities provider's stock after buying an additional 183,936 shares during the quarter. Two Sigma Investments LP owned approximately 0.05% of Companhia Paranaense de Energia - COPEL worth $1,708,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Marshall Wace LLP raised its stake in Companhia Paranaense de Energia - COPEL by 1,056.3% during the fourth quarter. Marshall Wace LLP now owns 139,551 shares of the utilities provider's stock worth $828,000 after acquiring an additional 127,482 shares during the period. Millennium Management LLC boosted its stake in Companhia Paranaense de Energia - COPEL by 59.9% in the fourth quarter. Millennium Management LLC now owns 297,678 shares of the utilities provider's stock valued at $1,765,000 after acquiring an additional 111,570 shares during the period. SPX Gestao de Recursos Ltda grew its holdings in shares of Companhia Paranaense de Energia - COPEL by 8.8% during the fourth quarter. SPX Gestao de Recursos Ltda now owns 1,030,320 shares of the utilities provider's stock valued at $6,110,000 after purchasing an additional 83,758 shares during the last quarter. Renaissance Technologies LLC raised its position in shares of Companhia Paranaense de Energia - COPEL by 100.8% during the 4th quarter. Renaissance Technologies LLC now owns 131,900 shares of the utilities provider's stock worth $782,000 after purchasing an additional 66,200 shares during the period. Finally, Walleye Capital LLC lifted its holdings in shares of Companhia Paranaense de Energia - COPEL by 310.1% in the 4th quarter. Walleye Capital LLC now owns 74,142 shares of the utilities provider's stock worth $440,000 after purchasing an additional 56,062 shares during the last quarter. 3.80% of the stock is owned by institutional investors and hedge funds.

Companhia Paranaense de Energia - COPEL Stock Performance

NYSE:ELP traded up $0.01 during midday trading on Friday, reaching $8.91. 351,329 shares of the company traded hands, compared to its average volume of 250,665. The firm has a market capitalization of $4.87 billion, a price-to-earnings ratio of 52.38 and a beta of 0.79. The company has a fifty day moving average price of $8.16 and a 200 day moving average price of $7.12. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.45 and a quick ratio of 1.43. Companhia Paranaense de Energia - COPEL has a twelve month low of $5.72 and a twelve month high of $9.09.

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

Companhia Paranaense de Energia - COPEL Profile

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.