Companhia Paranaense de Energia (COPEL) (ELP) Shares Sold by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP lowered its holdings in Companhia Paranaense de Energia (COPEL) (NYSE:ELP) by 0.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 481,444 shares of the utilities provider’s stock after selling 4,241 shares during the period. Dimensional Fund Advisors LP owned about 0.18% of Companhia Paranaense de Energia (COPEL) worth $3,535,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. Ameriprise Financial Inc. boosted its position in Companhia Paranaense de Energia (COPEL) by 50.2% in the second quarter. Ameriprise Financial Inc. now owns 18,449 shares of the utilities provider’s stock worth $141,000 after purchasing an additional 6,170 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. raised its stake in shares of Companhia Paranaense de Energia (COPEL) by 165.6% in the second quarter. Harel Insurance Investments & Financial Services Ltd. now owns 14,275 shares of the utilities provider’s stock valued at $101,000 after buying an additional 8,900 shares during the period. Greenleaf Trust raised its stake in shares of Companhia Paranaense de Energia (COPEL) by 62.4% in the second quarter. Greenleaf Trust now owns 32,829 shares of the utilities provider’s stock valued at $241,000 after buying an additional 12,620 shares during the period. Virtu KCG Holdings LLC bought a new stake in shares of Companhia Paranaense de Energia (COPEL) in the second quarter valued at $130,000. Finally, Stevens Capital Management LP bought a new stake in shares of Companhia Paranaense de Energia (COPEL) in the second quarter valued at $135,000. 1.98% of the stock is currently owned by institutional investors and hedge funds.

Several brokerages have issued reports on ELP. BidaskClub upgraded Companhia Paranaense de Energia (COPEL) from a “hold” rating to a “buy” rating in a research note on Friday, August 18th. Citigroup Inc. upgraded Companhia Paranaense de Energia (COPEL) from a “neutral” rating to a “buy” rating in a research note on Monday, August 14th. Finally, lowered Companhia Paranaense de Energia (COPEL) from a “buy” rating to a “hold” rating in a research note on Tuesday, August 8th.

Shares of Companhia Paranaense de Energia (NYSE ELP) opened at $7.73 on Friday. The stock has a market capitalization of $2,115.35, a price-to-earnings ratio of 17.18 and a beta of 1.58. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.81 and a quick ratio of 0.79. Companhia Paranaense de Energia has a one year low of $6.99 and a one year high of $11.43.

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Companhia Paranaense de Energia (COPEL) Company Profile

Companhia Paranaense de Energia is engaged in the generation, transmission, distribution and sale of electricity in the Brazilian State of Parana. The Company also provides telecommunications and other services. Its segments are Power generation and transmission (GET), Power distribution and sales (DIS), Telecommunications (TEL), GAS and Holding Company (HOL).

Institutional Ownership by Quarter for Companhia Paranaense de Energia (COPEL) (NYSE:ELP)

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