Companhia Paranaense de Energia – COPEL (NYSE:ELP) Shares Bought by Quantinno Capital Management LP

Quantinno Capital Management LP grew its position in Companhia Paranaense de Energia – COPEL (NYSE:ELP) by 33.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,909 shares of the utilities provider’s stock after purchasing an additional 5,445 shares during the period. Quantinno Capital Management LP’s holdings in Companhia Paranaense de Energia – COPEL were worth $163,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Point72 Asia Singapore Pte. Ltd. acquired a new position in Companhia Paranaense de Energia – COPEL during the third quarter valued at approximately $34,000. Walleye Capital LLC acquired a new position in shares of Companhia Paranaense de Energia – COPEL during the 3rd quarter valued at $135,000. Dynamic Technology Lab Private Ltd purchased a new stake in Companhia Paranaense de Energia – COPEL during the 3rd quarter worth $171,000. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in Companhia Paranaense de Energia – COPEL in the 3rd quarter valued at $514,000. Finally, Robeco Institutional Asset Management B.V. raised its position in Companhia Paranaense de Energia – COPEL by 20.0% in 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 purchasing an additional 258,198 shares during the period. Hedge funds and other institutional investors own 3.80% of the company’s stock.

Companhia Paranaense de Energia – COPEL Trading Down 2.4 %

Shares of ELP opened at $5.94 on Tuesday. Companhia Paranaense de Energia – COPEL has a 12 month low of $5.93 and a 12 month high of $8.91. The stock’s 50-day moving average is $6.67 and its two-hundred day moving average is $7.08. 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 market cap of $3.25 billion, a PE ratio of 10.99 and a beta of 1.00.

Companhia Paranaense de Energia – COPEL (NYSE:ELP) last released its quarterly earnings results on Wednesday, November 6th. The utilities provider reported $0.07 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 analysts forecast 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 announced a dividend, which will be paid on Thursday, January 2nd. Stockholders 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 payout ratio is currently 14.81%.

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.