Blue Trust Inc. Has $62,000 Stock Holdings in Companhia Paranaense de Energia – COPEL (NYSE:ELP)

Blue Trust Inc. trimmed its position in Companhia Paranaense de Energia – COPEL (NYSE:ELP) by 64.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,378 shares of the utilities provider’s stock after selling 19,125 shares during the quarter. Blue Trust Inc.’s holdings in Companhia Paranaense de Energia – COPEL were worth $62,000 as of its most recent SEC filing.

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

Companhia Paranaense de Energia – COPEL Trading Down 1.9 %

NYSE:ELP opened at $6.96 on Tuesday. The company has a current ratio of 1.45, a quick ratio of 1.43 and a debt-to-equity ratio of 0.51. Companhia Paranaense de Energia – COPEL has a 1-year low of $5.72 and a 1-year high of $8.34. The firm has a market capitalization of $3.81 billion, a price-to-earnings ratio of 10.39 and a beta of 1.00. The business’s 50-day moving average price is $6.35 and its two-hundred day moving average price is $6.83.

Companhia Paranaense de Energia – COPEL Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, January 2nd. Investors of record on Friday, December 13th were paid a dividend of $0.1441 per share. The ex-dividend date was Friday, December 13th. Companhia Paranaense de Energia – COPEL’s payout ratio is 25.37%.

About Companhia Paranaense de Energia – COPEL

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.