First Affirmative Financial Network Raises Holdings in Companhia Paranaense de Energia – COPEL (NYSE:ELP)

First Affirmative Financial Network boosted its stake in Companhia Paranaense de Energia – COPEL (NYSE:ELP) by 53.4% during the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 16,663 shares of the utilities provider’s stock after buying an additional 5,802 shares during the quarter. First Affirmative Financial Network’s holdings in Companhia Paranaense de Energia – COPEL were worth $122,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Letko Brosseau & Associates Inc. raised its holdings in shares of Companhia Paranaense de Energia – COPEL by 0.7% in the fourth quarter. Letko Brosseau & Associates Inc. now owns 6,524,695 shares of the utilities provider’s stock worth $38,691,000 after acquiring an additional 48,550 shares during the last quarter. SPX Gestao de Recursos Ltda raised 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 valued at $6,110,000 after purchasing an additional 83,758 shares during the last quarter. Millennium Management LLC raised its stake in Companhia Paranaense de Energia – COPEL by 59.9% in the 4th quarter. Millennium Management LLC now owns 297,678 shares of the utilities provider’s stock valued at $1,765,000 after purchasing an additional 111,570 shares during the last quarter. Two Sigma Investments LP lifted its holdings in Companhia Paranaense de Energia – COPEL by 176.6% in the 4th quarter. Two Sigma Investments LP now owns 288,065 shares of the utilities provider’s stock valued at $1,708,000 after purchasing an additional 183,936 shares in the last quarter. Finally, Two Sigma Advisers LP boosted its stake in shares of Companhia Paranaense de Energia – COPEL by 71.3% during the 4th quarter. Two Sigma Advisers LP now owns 257,020 shares of the utilities provider’s stock worth $1,524,000 after purchasing an additional 107,000 shares during the last quarter. Hedge funds and other institutional investors own 3.80% of the company’s stock.

Companhia Paranaense de Energia – COPEL Stock Performance

Shares of NYSE ELP opened at $8.91 on Friday. The company has a market cap of $5.30 billion, a PE ratio of 52.38 and a beta of 0.78. Companhia Paranaense de Energia – COPEL has a 12 month low of $5.72 and a 12 month high of $9.09. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.45 and a quick ratio of 1.43. The company has a 50-day simple moving average of $8.16 and a 200-day simple moving average of $7.12.

Companhia Paranaense de Energia – COPEL (NYSE:ELP) last announced its earnings results on Friday, May 9th. The utilities provider reported $0.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.12). The firm had revenue of $856.71 million for the quarter, compared to analyst estimates of $4.97 billion. Companhia Paranaense de Energia – COPEL had a return on equity of 11.88% and a net margin of 14.20%. On average, equities analysts anticipate that Companhia Paranaense de Energia – COPEL will post 0.12 earnings per share 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.