Two Sigma Advisers LP Acquires 107,000 Shares of Companhia Paranaense de Energia - COPEL (NYSE:ELP)

Two Sigma Advisers LP grew its stake in shares of Companhia Paranaense de Energia - COPEL (NYSE:ELP - Free Report) by 71.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 257,020 shares of the utilities provider's stock after purchasing an additional 107,000 shares during the period. Two Sigma Advisers LP's holdings in Companhia Paranaense de Energia - COPEL were worth $1,524,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. R Squared Ltd bought a new position in Companhia Paranaense de Energia - COPEL in the fourth quarter worth approximately $31,000. PNC Financial Services Group Inc. raised its position in shares of Companhia Paranaense de Energia - COPEL by 78.5% during the fourth quarter. PNC Financial Services Group Inc. now owns 8,754 shares of the utilities provider's stock worth $52,000 after purchasing an additional 3,849 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in shares of Companhia Paranaense de Energia - COPEL during the fourth quarter worth approximately $56,000. First Affirmative Financial Network bought a new position in shares of Companhia Paranaense de Energia - COPEL in the 4th quarter worth $64,000. Finally, Mercer Global Advisors Inc. ADV acquired a new stake in Companhia Paranaense de Energia - COPEL in the 4th quarter valued at $68,000. Institutional investors own 3.80% of the company's stock.

Companhia Paranaense de Energia - COPEL Stock Down 0.8%

ELP stock traded down $0.07 during midday trading on Wednesday, reaching $8.84. 291,752 shares of the company's stock traded hands, compared to its average volume of 249,348. Companhia Paranaense de Energia - COPEL has a 52 week low of $5.72 and a 52 week high of $9.09. The company has a market cap of $4.84 billion, a price-to-earnings ratio of 52.00 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. The firm's fifty day moving average price is $8.10 and its 200-day moving average price is $7.09.

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