18,080 Shares in Companhia Paranaense de Energia – COPEL (NYSE:ELP) Bought by Walleye Capital LLC

Walleye Capital LLC purchased a new position in Companhia Paranaense de Energia – COPEL (NYSE:ELP) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 18,080 shares of the utilities provider’s stock, valued at approximately $135,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. GAMMA Investing LLC lifted its stake in Companhia Paranaense de Energia – COPEL by 61.2% in the third quarter. GAMMA Investing LLC now owns 5,380 shares of the utilities provider’s stock worth $40,000 after acquiring an additional 2,043 shares during the period. Signaturefd LLC lifted its stake in Companhia Paranaense de Energia – COPEL by 41.1% in the second quarter. Signaturefd LLC now owns 11,478 shares of the utilities provider’s stock worth $77,000 after acquiring an additional 3,341 shares during the period. Ballentine Partners LLC lifted its stake in Companhia Paranaense de Energia – COPEL by 16.6% in the third quarter. Ballentine Partners LLC now owns 17,128 shares of the utilities provider’s stock worth $127,000 after acquiring an additional 2,441 shares during the period. Blue Trust Inc. lifted its stake in Companhia Paranaense de Energia – COPEL by 205.3% in the second quarter. Blue Trust Inc. now owns 17,729 shares of the utilities provider’s stock worth $119,000 after acquiring an additional 11,922 shares during the period. Finally, Dynamic Technology Lab Private Ltd purchased a new stake in Companhia Paranaense de Energia – COPEL in the third quarter worth $171,000. Hedge funds and other institutional investors own 3.80% of the company’s stock.

Companhia Paranaense de Energia – COPEL Stock Performance

Shares of Companhia Paranaense de Energia – COPEL stock opened at $6.55 on Thursday. 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 has a fifty day simple moving average of $6.75 and a two-hundred day simple moving average of $7.11. Companhia Paranaense de Energia – COPEL has a 12 month low of $6.24 and a 12 month high of $8.91.

Companhia Paranaense de Energia – COPEL (NYSE:ELP) last announced its quarterly earnings data on Wednesday, November 6th. The utilities provider reported $0.07 EPS for the quarter. The business had revenue of $1.03 billion during the quarter. Companhia Paranaense de Energia – COPEL had a return on equity of 11.88% and a net margin of 14.20%. On average, 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 disclosed a dividend, which will be paid on Thursday, January 2nd. Shareholders of record on Friday, December 13th will be given a dividend of $0.1441 per share. The ex-dividend date of this dividend is Friday, December 13th.

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.