Millennium Management LLC boosted its holdings in Companhia Paranaense de Energia - COPEL (NYSE:ELP - Free Report) by 59.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 297,678 shares of the utilities provider's stock after buying an additional 111,570 shares during the period. Millennium Management LLC owned approximately 0.05% of Companhia Paranaense de Energia - COPEL worth $1,765,000 as of its most recent SEC filing.
Several other large investors have also bought and sold shares of ELP. R Squared Ltd acquired a new position in Companhia Paranaense de Energia - COPEL in the fourth quarter valued at approximately $31,000. PNC Financial Services Group Inc. lifted its holdings in Companhia Paranaense de Energia - COPEL by 78.5% in the fourth quarter. PNC Financial Services Group Inc. now owns 8,754 shares of the utilities provider's stock valued at $52,000 after buying an additional 3,849 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in Companhia Paranaense de Energia - COPEL in the fourth quarter valued at approximately $56,000. Mercer Global Advisors Inc. ADV acquired a new position in Companhia Paranaense de Energia - COPEL in the fourth quarter valued at approximately $68,000. Finally, JPMorgan Chase & Co. acquired a new position in Companhia Paranaense de Energia - COPEL in the fourth quarter valued at approximately $74,000. 3.80% of the stock is currently owned by institutional investors and hedge funds.
Companhia Paranaense de Energia - COPEL Trading Up 0.1%
NYSE ELP traded up $0.01 during trading hours on Friday, hitting $8.91. The company's stock had a trading volume of 351,329 shares, compared to its average volume of 250,665. The stock has a fifty day moving average of $8.16 and a 200 day moving average of $7.12. Companhia Paranaense de Energia - COPEL has a twelve month low of $5.72 and a twelve month high of $9.09. The firm has a market capitalization of $4.87 billion, a P/E ratio of 52.38 and a beta of 0.79. The company has a quick ratio of 1.43, a current ratio of 1.45 and a debt-to-equity ratio of 0.51.
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 for the quarter, missing the consensus estimate of $0.16 by ($0.12). The firm had revenue of $856.71 million during the quarter, compared to analyst estimates of $4.97 billion. Companhia Paranaense de Energia - COPEL had a return on equity of 11.88% and a net margin of 14.20%. Equities research analysts forecast that Companhia Paranaense de Energia - COPEL will post 0.12 earnings per share for the current fiscal year.
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.
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