Centrais Elétricas Brasileiras S.A. - Eletrobrás (NYSE:EBR) Shares Acquired by XTX Topco Ltd

XTX Topco Ltd raised its position in Centrais Elétricas Brasileiras S.A. - Eletrobrás (NYSE:EBR - Free Report) by 177.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 81,590 shares of the utilities provider's stock after buying an additional 52,212 shares during the quarter. XTX Topco Ltd's holdings in Centrais Elétricas Brasileiras S.A. - Eletrobrás were worth $467,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the business. Barclays PLC boosted its position in shares of Centrais Elétricas Brasileiras S.A. - Eletrobrás by 301.9% during the 4th quarter. Barclays PLC now owns 10,047 shares of the utilities provider's stock valued at $57,000 after acquiring an additional 7,547 shares during the last quarter. Mariner LLC raised its holdings in Centrais Elétricas Brasileiras S.A. - Eletrobrás by 11.5% in the fourth quarter. Mariner LLC now owns 29,316 shares of the utilities provider's stock worth $168,000 after purchasing an additional 3,031 shares in the last quarter. First Affirmative Financial Network grew its position in shares of Centrais Elétricas Brasileiras S.A. - Eletrobrás by 39.7% in the 4th quarter. First Affirmative Financial Network now owns 39,299 shares of the utilities provider's stock worth $225,000 after buying an additional 11,177 shares during the period. Vinland Capital Management Gestora de Recursos LTDA. purchased a new stake in Centrais Elétricas Brasileiras S.A. - Eletrobrás in the fourth quarter worth about $320,000. Finally, EntryPoint Capital LLC increased its position in Centrais Elétricas Brasileiras S.A. - Eletrobrás by 108.7% during the 4th quarter. EntryPoint Capital LLC now owns 62,092 shares of the utilities provider's stock valued at $355,000 after buying an additional 32,342 shares in the last quarter. Hedge funds and other institutional investors own 2.64% of the company's stock.

Centrais Elétricas Brasileiras S.A. - Eletrobrás Stock Performance

Shares of EBR stock traded down $0.06 on Friday, reaching $7.66. The stock had a trading volume of 507,597 shares, compared to its average volume of 1,175,376. The company has a debt-to-equity ratio of 0.47, a quick ratio of 2.04 and a current ratio of 2.06. Centrais Elétricas Brasileiras S.A. - Eletrobrás has a 1 year low of $5.45 and a 1 year high of $7.98. The stock has a market cap of $17.19 billion, a P/E ratio of 9.34, a price-to-earnings-growth ratio of 4.35 and a beta of 0.65. The company has a 50 day simple moving average of $6.98 and a 200 day simple moving average of $6.43.

Centrais Elétricas Brasileiras S.A. - Eletrobrás (NYSE:EBR - Get Free Report) last posted its earnings results on Friday, March 14th. The utilities provider reported $0.03 EPS for the quarter, missing analysts' consensus estimates of $0.11 by ($0.08). The firm had revenue of $1.67 billion during the quarter, compared to analysts' expectations of $10.17 billion. Centrais Elétricas Brasileiras S.A. - Eletrobrás had a return on equity of 9.00% and a net margin of 26.50%. Equities research analysts expect that Centrais Elétricas Brasileiras S.A. - Eletrobrás will post 0.32 EPS for the current year.

Centrais Elétricas Brasileiras S.A. - Eletrobrás Increases Dividend

The business also recently declared a -- dividend, which will be paid on Tuesday, May 20th. Stockholders of record on Wednesday, April 30th will be issued a $0.1575 dividend. The ex-dividend date of this dividend is Wednesday, April 30th. This is a boost from Centrais Elétricas Brasileiras S.A. - Eletrobrás's previous -- dividend of $0.14. This represents a dividend yield of 4%. Centrais Elétricas Brasileiras S.A. - Eletrobrás's dividend payout ratio is presently 40.24%.

About Centrais Elétricas Brasileiras S.A. - Eletrobrás

Centrais Elétricas Brasileiras SA - Eletrobrás, through its subsidiaries, engages in the generation, transmission, and commercialization of electricity in Brazil. The company generates electricity through hydroelectric, thermoelectric, nuclear, wind, and solar plants. As of December 31, 2023, it owned and operated 44 hydroelectric plants with a total capacity of 42,293.5 megawatt (MW); 5 thermal plants, including coal and gas power generation units with a total installed capacity of 1,632 MW; and two nuclear power plants comprising Angra 1 with an installed capacity of 657 MW and Angra 2 with an installed capacity of 1350 MW.