Van ECK Associates Corp Has $510,000 Position in Companhia Paranaense de Energia – COPEL (NYSE:ELP)

Van ECK Associates Corp increased its holdings in shares of Companhia Paranaense de Energia – COPEL (NYSE:ELP) by 7.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 85,929 shares of the utilities provider’s stock after acquiring an additional 6,036 shares during the period. Van ECK Associates Corp’s holdings in Companhia Paranaense de Energia – COPEL were worth $510,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in ELP. R Squared Ltd acquired a new stake in shares of Companhia Paranaense de Energia – COPEL during the 4th quarter valued at about $31,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Companhia Paranaense de Energia – COPEL during the 3rd quarter valued at about $34,000. First Affirmative Financial Network acquired a new stake in shares of Companhia Paranaense de Energia – COPEL during the 4th quarter valued at about $64,000. Signaturefd LLC boosted its position in Companhia Paranaense de Energia – COPEL by 12.6% in the third quarter. Signaturefd LLC now owns 12,929 shares of the utilities provider’s stock valued at $96,000 after buying an additional 1,451 shares in the last quarter. Finally, Ballentine Partners LLC boosted its position in Companhia Paranaense de Energia – COPEL by 18.3% in the fourth quarter. Ballentine Partners LLC now owns 20,268 shares of the utilities provider’s stock valued at $120,000 after buying an additional 3,140 shares in the last quarter. 3.80% of the stock is currently owned by institutional investors and hedge funds.

Companhia Paranaense de Energia – COPEL Stock Down 0.2 %

NYSE:ELP opened at $7.12 on Friday. Companhia Paranaense de Energia – COPEL has a 12 month low of $5.72 and a 12 month high of $8.34. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.43 and a current ratio of 1.45. The company’s 50-day moving average price is $6.33 and its two-hundred day moving average price is $6.84.

Companhia Paranaense de Energia – COPEL Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, January 2nd. Shareholders of record on Friday, December 13th were given a $0.1441 dividend. The ex-dividend date was Friday, December 13th.

Companhia Paranaense de Energia – COPEL 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, Power Sale, and Gas segments.