Pzena Investment Management LLC Has $2.16 Million Stock Position in Comp En De Mn Cemig ADS $CIG

Posted by Geri Gentry on May 23rd, 2026

Pzena Investment Management LLC decreased its stake in Comp En De Mn Cemig ADS (NYSE:CIG – Free Report) by 46.3% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,080,784 shares of the utilities provider’s stock after selling 931,410 shares during the quarter. Pzena Investment Management LLC’s holdings in Comp En De Mn Cemig ADS were worth $2,162,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Global Retirement Partners LLC boosted its position in shares of Comp En De Mn Cemig ADS by 65,592.6% in the 4th quarter. Global Retirement Partners LLC now owns 88,685 shares of the utilities provider’s stock valued at $177,000 after purchasing an additional 88,550 shares during the period. Banque Cantonale Vaudoise boosted its position in shares of Comp En De Mn Cemig ADS by 5.5% in the 4th quarter. Banque Cantonale Vaudoise now owns 222,296 shares of the utilities provider’s stock valued at $445,000 after purchasing an additional 11,672 shares during the period. Everstar Asset Management LLC boosted its position in shares of Comp En De Mn Cemig ADS by 10.4% in the 4th quarter. Everstar Asset Management LLC now owns 550,276 shares of the utilities provider’s stock valued at $1,101,000 after purchasing an additional 51,961 shares during the period. Argos Wealth Advisors LLC acquired a new position in shares of Comp En De Mn Cemig ADS in the 4th quarter valued at $38,000. Finally, Crossmark Global Holdings Inc. boosted its position in shares of Comp En De Mn Cemig ADS by 1.6% in the 4th quarter. Crossmark Global Holdings Inc. now owns 4,061,011 shares of the utilities provider’s stock valued at $8,122,000 after purchasing an additional 63,442 shares during the period.

Wall Street Analyst Weigh In

Separately, Weiss Ratings downgraded Comp En De Mn Cemig ADS from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Buy”.

View Our Latest Stock Analysis on Comp En De Mn Cemig ADS

Comp En De Mn Cemig ADS Stock Down 1.1%

Shares of Comp En De Mn Cemig ADS stock opened at $2.21 on Friday. The stock has a 50-day moving average price of $2.44 and a 200 day moving average price of $2.23. The company has a market cap of $6.31 billion, a P/E ratio of 11.61 and a beta of 0.82. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.59. Comp En De Mn Cemig ADS has a 1 year low of $1.77 and a 1 year high of $2.76.

Comp En De Mn Cemig ADS Company Profile

(Free Report)

Companhia Energética de Minas Gerais SA (Cemig ADS) is a leading Brazilian energy company primarily engaged in the generation, transmission, distribution and commercialization of electric power. Headquartered in Belo Horizonte, the company operates as a vertically integrated utility, serving residential, commercial and industrial customers across its concession areas. In addition to its core electricity business, Cemig maintains interests in natural gas distribution and distinct energy-related ventures, including renewable sources and infrastructure projects.

In its generation segment, Cemig manages a diversified portfolio that includes hydroelectric, photovoltaic and wind power plants.