Jane Street Group LLC Boosts Stock Position in Companhia Paranaense de Energia – COPEL (NYSE:ELP)

Jane Street Group LLC boosted its holdings in shares of Companhia Paranaense de Energia – COPEL (NYSE:ELP) by 456.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 209,228 shares of the utilities provider’s stock after purchasing an additional 171,658 shares during the quarter. Jane Street Group LLC’s holdings in Companhia Paranaense de Energia – COPEL were worth $1,557,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the business. Robeco Institutional Asset Management B.V. grew its stake in shares of Companhia Paranaense de Energia – COPEL by 20.0% during the third quarter. Robeco Institutional Asset Management B.V. now owns 1,550,046 shares of the utilities provider’s stock valued at $11,532,000 after buying an additional 258,198 shares during the last quarter. Van ECK Associates Corp grew its position in Companhia Paranaense de Energia – COPEL by 222.9% in the 2nd quarter. Van ECK Associates Corp now owns 266,788 shares of the utilities provider’s stock valued at $1,784,000 after acquiring an additional 184,167 shares during the last quarter. Trium Capital LLP increased its stake in Companhia Paranaense de Energia – COPEL by 36.0% in the third quarter. Trium Capital LLP now owns 130,919 shares of the utilities provider’s stock worth $974,000 after purchasing an additional 34,643 shares during the period. The Manufacturers Life Insurance Company increased its holdings in Companhia Paranaense de Energia – COPEL by 11.7% during the second quarter. The Manufacturers Life Insurance Company now owns 72,216 shares of the utilities provider’s stock valued at $483,000 after buying an additional 7,540 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new position in Companhia Paranaense de Energia – COPEL in the third quarter worth about $514,000. Institutional investors own 3.80% of the company’s stock.

Companhia Paranaense de Energia – COPEL Trading Up 0.7 %

Shares of NYSE:ELP opened at $5.93 on Friday. The firm has a market capitalization of $3.25 billion, a P/E ratio of 10.98 and a beta of 1.00. Companhia Paranaense de Energia – COPEL has a 1 year low of $5.72 and a 1 year high of $8.91. 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 business’s 50-day moving average is $6.48 and its 200 day moving average is $7.02.

Companhia Paranaense de Energia – COPEL (NYSE:ELP) last issued its quarterly earnings results on Wednesday, November 6th. The utilities provider reported $0.07 earnings per share for the quarter. The company had revenue of $1.03 billion for the quarter. Companhia Paranaense de Energia – COPEL had a net margin of 14.20% and a return on equity of 11.88%. On average, research analysts predict that Companhia Paranaense de Energia – COPEL will post 0.12 earnings per share for the current fiscal year.

Companhia Paranaense de Energia – COPEL Cuts Dividend

The company also recently declared a dividend, which will be paid on Thursday, January 2nd. Stockholders of record on Friday, December 13th will be paid a $0.1441 dividend. The ex-dividend date of this dividend is Friday, December 13th. Companhia Paranaense de Energia – COPEL’s dividend payout ratio is presently 31.48%.

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.