Companhia Paranaense de Energia – COPEL (NYSE:ELP) Shares Bought by Jane Street Group LLC

Jane Street Group LLC grew its position in Companhia Paranaense de Energia – COPEL (NYSE:ELP) by 456.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 209,228 shares of the utilities provider’s stock after acquiring 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 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Companhia Paranaense de Energia – COPEL in the third quarter valued at approximately $34,000. GAMMA Investing LLC raised its stake 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 worth $40,000 after purchasing an additional 2,043 shares during the period. Signaturefd LLC boosted its holdings in shares of Companhia Paranaense de Energia – COPEL by 41.1% in the 2nd quarter. Signaturefd LLC now owns 11,478 shares of the utilities provider’s stock valued at $77,000 after purchasing an additional 3,341 shares during the last quarter. Ballentine Partners LLC grew its stake in shares of Companhia Paranaense de Energia – COPEL by 16.6% during the 3rd quarter. Ballentine Partners LLC now owns 17,128 shares of the utilities provider’s stock valued at $127,000 after buying an additional 2,441 shares during the period. Finally, Walleye Capital LLC acquired a new stake in shares of Companhia Paranaense de Energia – COPEL during the 3rd quarter worth $135,000. 3.80% of the stock is owned by hedge funds and other institutional investors.

Companhia Paranaense de Energia – COPEL Stock Performance

Shares of NYSE:ELP opened at $5.93 on Friday. The business has a 50-day moving average of $6.48 and a two-hundred day moving average of $7.02. The firm has a market capitalization of $3.25 billion, a PE ratio of 10.98 and a beta of 1.00. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.45 and a quick ratio of 1.43. Companhia Paranaense de Energia – COPEL has a 12 month low of $5.72 and a 12 month high of $8.91.

Companhia Paranaense de Energia – COPEL (NYSE:ELP) last released its quarterly earnings data on Wednesday, November 6th. The utilities provider reported $0.07 earnings per share (EPS) for the quarter. Companhia Paranaense de Energia – COPEL had a net margin of 14.20% and a return on equity of 11.88%. The company had revenue of $1.03 billion during the quarter. As a group, research analysts forecast 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 declared a dividend, which will be paid on Thursday, January 2nd. Investors 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’s dividend payout ratio is currently 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.