SPX Gestao de Recursos Ltda Increases Stock Holdings in Companhia Paranaense de Energia (NYSE:ELPC)

SPX Gestao de Recursos Ltda grew its stake in Companhia Paranaense de Energia (NYSE:ELPC) by 1.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 458,294 shares of the company’s stock after buying an additional 8,417 shares during the period. SPX Gestao de Recursos Ltda’s holdings in Companhia Paranaense de Energia were worth $2,695,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. AdvisorShares Investments LLC purchased a new position in Companhia Paranaense de Energia in the 4th quarter valued at about $62,000. Optiver Holding B.V. acquired a new stake in shares of Companhia Paranaense de Energia during the 4th quarter worth about $1,217,000. Finally, Vinland Capital Management Gestora de Recursos LTDA. acquired a new stake in shares of Companhia Paranaense de Energia during the fourth quarter valued at about $4,967,000.

Companhia Paranaense de Energia Price Performance

Shares of ELPC stock opened at $6.64 on Tuesday. The firm has a 50 day moving average of $6.66 and a two-hundred day moving average of $6.51. Companhia Paranaense de Energia has a 52 week low of $5.74 and a 52 week high of $8.25.

Companhia Paranaense de Energia (NYSE:ELPC) last announced its quarterly earnings results on Thursday, August 8th. The company reported $0.12 earnings per share (EPS) for the quarter. The business had revenue of $1.05 billion during the quarter.

Companhia Paranaense de Energia Dividend Announcement

The business also recently declared a Variable dividend, which will be paid on Monday, December 9th. Investors of record on Wednesday, October 2nd will be issued a dividend of $0.0641 per share. The ex-dividend date is Wednesday, October 2nd.

Companhia Paranaense de Energia Company 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, GAS, Power Sale, and Holding and Services segments.