Marshall Wace LLP Buys 127,482 Shares of Companhia Paranaense de Energia - COPEL (NYSE:ELP)

Marshall Wace LLP boosted its holdings in shares of Companhia Paranaense de Energia - COPEL (NYSE:ELP - Free Report) by 1,056.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 139,551 shares of the utilities provider's stock after buying an additional 127,482 shares during the quarter. Marshall Wace LLP's holdings in Companhia Paranaense de Energia - COPEL were worth $828,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Walleye Capital LLC boosted its stake in Companhia Paranaense de Energia - COPEL by 310.1% in the fourth quarter. Walleye Capital LLC now owns 74,142 shares of the utilities provider's stock valued at $440,000 after acquiring an additional 56,062 shares in the last quarter. Renaissance Technologies LLC boosted its position in Companhia Paranaense de Energia - COPEL by 100.8% during the fourth 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 in the last quarter. Russell Investments Group Ltd. purchased a new stake in shares of Companhia Paranaense de Energia - COPEL in the fourth quarter valued at about $190,000. JPMorgan Chase & Co. acquired a new stake in shares of Companhia Paranaense de Energia - COPEL during the fourth quarter valued at $74,000. Finally, SPX Gestao de Recursos Ltda grew its stake in Companhia Paranaense de Energia - COPEL by 8.8% in 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 period. Hedge funds and other institutional investors own 3.80% of the company's stock.

Companhia Paranaense de Energia - COPEL Trading Up 1.7 %

Shares of ELP stock traded up $0.14 during trading hours on Friday, hitting $8.18. 173,641 shares of the company were exchanged, compared to its average volume of 247,533. 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 has a market cap of $4.48 billion, a PE ratio of 48.12 and a beta of 0.79. The firm has a fifty day moving average of $7.35 and a 200 day moving average of $6.78. Companhia Paranaense de Energia - COPEL has a 1 year low of $5.72 and a 1 year high of $8.32.

Companhia Paranaense de Energia - COPEL (NYSE:ELP - Get Free Report) last released its quarterly earnings data on Friday, February 28th. The utilities provider reported $0.03 EPS for the quarter, missing the consensus estimate of $0.26 by ($0.23). The company had revenue of $1.03 billion during the quarter, compared to analysts' expectations of $657.55 million. Companhia Paranaense de Energia - COPEL had a net margin of 14.20% and a return on equity of 11.88%. Analysts expect that Companhia Paranaense de Energia - COPEL 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.