Companhia Paranaense de Energia (ELP) Position Maintained by NN Investment Partners Holdings N.V.

NN Investment Partners Holdings N.V. maintained its position in shares of Companhia Paranaense de Energia (NYSE:ELP) during the first quarter, Holdings Channel reports. The fund owned 17,605 shares of the utilities provider’s stock at the end of the first quarter. NN Investment Partners Holdings N.V.’s holdings in Companhia Paranaense de Energia were worth $182,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently made changes to their positions in the stock. FMR LLC raised its position in shares of Companhia Paranaense de Energia by 0.4% in the fourth quarter. FMR LLC now owns 5,698,459 shares of the utilities provider’s stock valued at $48,323,000 after buying an additional 24,226 shares during the period. Brandes Investment Partners LP raised its position in shares of Companhia Paranaense de Energia by 0.3% in the first quarter. Brandes Investment Partners LP now owns 1,376,618 shares of the utilities provider’s stock valued at $14,193,000 after buying an additional 4,310 shares during the period. Karp Capital Management Corp purchased a new position in shares of Companhia Paranaense de Energia during the first quarter valued at approximately $9,061,000. D. E. Shaw & Co. Inc. raised its position in shares of Companhia Paranaense de Energia by 54.5% in the third quarter. D. E. Shaw & Co. Inc. now owns 686,434 shares of the utilities provider’s stock valued at $7,118,000 after buying an additional 242,035 shares during the period. Finally, Numeric Investors LLC purchased a new position in shares of Companhia Paranaense de Energia during the fourth quarter valued at approximately $3,170,000. Hedge funds and other institutional investors own 1.10% of the company’s stock.

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

Companhia Paranaense de Energia (NYSE ELP) traded down 2.35% during trading on Monday, reaching $8.31. The company had a trading volume of 118,689 shares. The company has a market capitalization of $2.27 billion, a PE ratio of 6.21 and a beta of 1.64. Companhia Paranaense de Energia has a one year low of $6.80 and a one year high of $11.94. The firm’s 50 day moving average is $8.92 and its 200 day moving average is $9.49.

Companhia Paranaense de Energia (NYSE:ELP) last posted its earnings results on Tuesday, March 28th. The utilities provider reported ($0.09) EPS for the quarter, missing analysts’ consensus estimates of $0.53 by $0.62. The firm had revenue of $1.04 billion during the quarter. Companhia Paranaense de Energia had a return on equity of 9.02% and a net margin of 10.96%. On average, equities research analysts predict that Companhia Paranaense de Energia will post $0.83 earnings per share for the current year.

The business also recently disclosed a dividend, which was paid on Monday, May 15th. Shareholders of record on Monday, May 15th were given a dividend of $0.26 per share. The ex-dividend date of this dividend was Thursday, May 11th. Companhia Paranaense de Energia’s dividend payout ratio (DPR) is presently 8.97%.

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Separately, ValuEngine upgraded Companhia Paranaense de Energia from a “buy” rating to a “strong-buy” rating in a research report on Friday.

Companhia Paranaense de Energia 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).

Want to see what other hedge funds are holding ELP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Companhia Paranaense de Energia (NYSE:ELP).

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