10,861 Shares in Companhia Paranaense de Energia – COPEL (NYSE:ELP) Bought by First Affirmative Financial Network

First Affirmative Financial Network purchased a new stake in Companhia Paranaense de Energia – COPEL (NYSE:ELP) in the 4th quarter, HoldingsChannel reports. The fund purchased 10,861 shares of the utilities provider’s stock, valued at approximately $64,000.

A number of other hedge funds also recently made changes to their positions in ELP. Jane Street Group LLC raised its holdings in Companhia Paranaense de Energia – COPEL by 456.9% during the 3rd quarter. Jane Street Group LLC now owns 209,228 shares of the utilities provider’s stock worth $1,557,000 after purchasing an additional 171,658 shares during the last quarter. Creative Planning increased its position in shares of Companhia Paranaense de Energia – COPEL by 13.3% during the third quarter. Creative Planning now owns 65,614 shares of the utilities provider’s stock worth $488,000 after buying an additional 7,690 shares during the period. Robeco Institutional Asset Management B.V. raised its stake in 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 worth $11,532,000 after buying an additional 258,198 shares during the last quarter. GAMMA Investing LLC boosted its position in Companhia Paranaense de Energia – COPEL by 61.2% during the third quarter. GAMMA Investing LLC now owns 5,380 shares of the utilities provider’s stock valued at $40,000 after acquiring an additional 2,043 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. acquired a new stake in Companhia Paranaense de Energia – COPEL during the 3rd quarter worth about $514,000. 3.80% of the stock is currently owned by institutional investors.

Companhia Paranaense de Energia – COPEL Stock Up 3.0 %

ELP stock opened at $6.72 on Friday. Companhia Paranaense de Energia – COPEL has a 1-year low of $5.72 and a 1-year high of $8.51. 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 stock has a 50-day moving average price of $6.17 and a 200-day moving average price of $6.87.

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

Companhia Paranaense de Energia – COPEL Cuts Dividend

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

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.