SPX Gestao de Recursos Ltda Has $6.11 Million Stock Holdings in Companhia Paranaense de Energia – COPEL (NYSE:ELP)

SPX Gestao de Recursos Ltda boosted its position in shares of Companhia Paranaense de Energia – COPEL (NYSE:ELP) by 8.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,030,320 shares of the utilities provider’s stock after buying an additional 83,758 shares during the quarter. SPX Gestao de Recursos Ltda owned approximately 0.19% of Companhia Paranaense de Energia – COPEL worth $6,110,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of ELP. Connor Clark & Lunn Investment Management Ltd. acquired a new position in Companhia Paranaense de Energia – COPEL during the 3rd quarter worth $514,000. Dynamic Technology Lab Private Ltd acquired a new position in Companhia Paranaense de Energia – COPEL during the 3rd quarter worth $171,000. Walleye Capital LLC acquired a new position in Companhia Paranaense de Energia – COPEL during the 3rd quarter worth $135,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in Companhia Paranaense de Energia – COPEL during the 3rd quarter worth $34,000. Finally, Quantinno Capital Management LP lifted its holdings in Companhia Paranaense de Energia – COPEL by 33.1% during the 3rd quarter. Quantinno Capital Management LP now owns 21,909 shares of the utilities provider’s stock worth $163,000 after buying an additional 5,445 shares in the last quarter. Institutional investors and hedge funds own 3.80% of the company’s stock.

Companhia Paranaense de Energia – COPEL Stock Down 2.1 %

NYSE:ELP opened at $6.70 on Tuesday. The stock’s fifty day moving average price is $6.52 and its two-hundred day moving average price is $6.77. The company has a market cap of $3.66 billion, a price-to-earnings ratio of 39.38 and a beta of 1.01. Companhia Paranaense de Energia – COPEL has a 52-week low of $5.72 and a 52-week high of $8.16. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.43 and a current ratio of 1.45.

Companhia Paranaense de Energia – COPEL (NYSE:ELP) last issued its earnings results 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 business had revenue of $1.03 billion for the quarter, compared to the consensus estimate of $657.55 million. Companhia Paranaense de Energia – COPEL had a net margin of 14.20% and a return on equity of 11.88%. On average, analysts anticipate that Companhia Paranaense de Energia – COPEL will post 0.12 EPS for the current 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.