Robeco Institutional Asset Management B.V. Has $6.55 Million Stake in Companhia Paranaense de Energia (COPEL) (NYSE:ELP)

Robeco Institutional Asset Management B.V. reduced its stake in Companhia Paranaense de Energia (COPEL) (NYSE:ELP - Free Report) by 20.2% in the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 895,324 shares of the utilities provider's stock after selling 226,613 shares during the quarter. Robeco Institutional Asset Management B.V. owned approximately 0.16% of Companhia Paranaense de Energia (COPEL) worth $6,545,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in ELP. Letko Brosseau & Associates Inc. lifted its stake in shares of Companhia Paranaense de Energia (COPEL) by 0.7% in the fourth quarter. Letko Brosseau & Associates Inc. now owns 6,524,695 shares of the utilities provider's stock worth $38,691,000 after buying an additional 48,550 shares during the last quarter. SPX Gestao de Recursos Ltda lifted its position in Companhia Paranaense de Energia (COPEL) by 8.8% during the 4th quarter. SPX Gestao de Recursos Ltda now owns 1,030,320 shares of the utilities provider's stock worth $6,110,000 after acquiring an additional 83,758 shares during the last quarter. Millennium Management LLC lifted its position in Companhia Paranaense de Energia (COPEL) by 59.9% during the 4th quarter. Millennium Management LLC now owns 297,678 shares of the utilities provider's stock worth $1,765,000 after acquiring an additional 111,570 shares during the last quarter. Two Sigma Investments LP boosted its holdings in Companhia Paranaense de Energia (COPEL) by 176.6% during the fourth quarter. Two Sigma Investments LP now owns 288,065 shares of the utilities provider's stock valued at $1,708,000 after acquiring an additional 183,936 shares during the period. Finally, Two Sigma Advisers LP grew its position in shares of Companhia Paranaense de Energia (COPEL) by 71.3% in the fourth quarter. Two Sigma Advisers LP now owns 257,020 shares of the utilities provider's stock valued at $1,524,000 after purchasing an additional 107,000 shares during the last quarter. Institutional investors own 3.80% of the company's stock.

Companhia Paranaense de Energia (COPEL) Stock Performance

Shares of Companhia Paranaense de Energia (COPEL) stock traded up $0.28 during trading on Thursday, reaching $9.13. The company's stock had a trading volume of 190,996 shares, compared to its average volume of 254,009. Companhia Paranaense de Energia has a one year low of $5.72 and a one year high of $9.28. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.47 and a current ratio of 1.48. The firm has a market cap of $5.43 billion, a price-to-earnings ratio of 53.68, a price-to-earnings-growth ratio of 7.30 and a beta of 0.77. The business's fifty day moving average price is $8.74 and its 200-day moving average price is $7.44.

Companhia Paranaense de Energia (COPEL) (NYSE:ELP - Get Free Report) last released 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). Companhia Paranaense de Energia (COPEL) had a net margin of 12.67% and a return on equity of 11.17%. The business had revenue of $856.71 million during the quarter, compared to analyst estimates of $4.97 billion. As a group, equities research analysts predict that Companhia Paranaense de Energia will post 0.12 earnings per share for the current year.

About Companhia Paranaense de Energia (COPEL)

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.