Jane Street Group LLC Sells 197,305 Shares of Companhia Paranaense de Energia - COPEL (NYSE:ELP)

Jane Street Group LLC trimmed its holdings in shares of Companhia Paranaense de Energia - COPEL (NYSE:ELP - Free Report) by 94.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,923 shares of the utilities provider's stock after selling 197,305 shares during the period. Jane Street Group LLC's holdings in Companhia Paranaense de Energia - COPEL were worth $71,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. SPX Gestao de Recursos Ltda increased its position in Companhia Paranaense de Energia - COPEL by 8.8% in the fourth quarter. SPX Gestao de Recursos Ltda now owns 1,030,320 shares of the utilities provider's stock worth $6,110,000 after buying an additional 83,758 shares during the last quarter. Marshall Wace LLP grew its stake in shares of Companhia Paranaense de Energia - COPEL by 1,056.3% during the 4th 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. Renaissance Technologies LLC increased its holdings in Companhia Paranaense de Energia - COPEL by 100.8% in the 4th quarter. Renaissance Technologies LLC now owns 131,900 shares of the utilities provider's stock worth $782,000 after acquiring an additional 66,200 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in Companhia Paranaense de Energia - COPEL by 32.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 124,507 shares of the utilities provider's stock valued at $739,000 after acquiring an additional 30,180 shares during the period. Finally, Hsbc Holdings PLC lifted its holdings in Companhia Paranaense de Energia - COPEL by 1.6% during the fourth quarter. Hsbc Holdings PLC now owns 89,438 shares of the utilities provider's stock valued at $525,000 after purchasing an additional 1,407 shares during the last quarter. 3.80% of the stock is owned by hedge funds and other institutional investors.

Companhia Paranaense de Energia - COPEL Price Performance

Shares of NYSE:ELP opened at $8.91 on Monday. The firm has a market capitalization of $5.30 billion, a PE ratio of 52.38 and a beta of 0.78. The company has a quick ratio of 1.43, a current ratio of 1.45 and a debt-to-equity ratio of 0.51. The company has a 50-day moving average price of $8.16 and a two-hundred day moving average price of $7.13. 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 announced its quarterly earnings results on Friday, May 9th. The utilities provider reported $0.04 EPS for the quarter, missing analysts' consensus estimates of $0.16 by ($0.12). Companhia Paranaense de Energia - COPEL had a net margin of 14.20% and a return on equity of 11.88%. The business had revenue of $856.71 million for the quarter, compared to analysts' expectations of $4.97 billion. Equities analysts forecast that Companhia Paranaense de Energia - COPEL will post 0.12 EPS for the current 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.

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