BNP Paribas Financial Markets Buys Shares of 16,478 Companhia Paranaense de Energia – COPEL (NYSE:ELP)

BNP Paribas Financial Markets acquired a new position in Companhia Paranaense de Energia – COPEL (NYSE:ELP) during the 4th quarter, HoldingsChannel.com reports. The firm acquired 16,478 shares of the utilities provider’s stock, valued at approximately $98,000.

Several other large investors have also recently made changes to their positions in the stock. Hsbc Holdings PLC lifted its holdings in shares of Companhia Paranaense de Energia – COPEL by 1.6% in the 4th quarter. Hsbc Holdings PLC now owns 89,438 shares of the utilities provider’s stock worth $525,000 after acquiring an additional 1,407 shares during the last quarter. PNC Financial Services Group Inc. lifted its holdings in shares of Companhia Paranaense de Energia – COPEL by 78.5% in the 4th quarter. PNC Financial Services Group Inc. now owns 8,754 shares of the utilities provider’s stock worth $52,000 after acquiring an additional 3,849 shares during the last quarter. R Squared Ltd acquired a new position in shares of Companhia Paranaense de Energia – COPEL in the 4th quarter worth approximately $31,000. Van ECK Associates Corp lifted its holdings in shares of Companhia Paranaense de Energia – COPEL by 7.6% in the 4th quarter. Van ECK Associates Corp now owns 85,929 shares of the utilities provider’s stock worth $510,000 after acquiring an additional 6,036 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV acquired a new position in shares of Companhia Paranaense de Energia – COPEL in the 4th quarter worth approximately $68,000. 3.80% of the stock is currently owned by institutional investors and hedge funds.

Companhia Paranaense de Energia – COPEL Stock Performance

Shares of ELP stock opened at $8.97 on Friday. The firm’s 50 day moving average price is $8.01 and its 200-day moving average price is $7.04. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.43 and a current ratio of 1.45. Companhia Paranaense de Energia – COPEL has a one year low of $5.72 and a one year high of $9.09. The firm has a market cap of $4.91 billion, a P/E ratio of 52.76 and a beta of 0.79.

Companhia Paranaense de Energia – COPEL (NYSE:ELP) last issued its quarterly earnings data on Friday, May 9th. The utilities provider reported $0.04 EPS for the quarter, missing the consensus estimate of $0.16 by ($0.12). Companhia Paranaense de Energia – COPEL had a return on equity of 11.88% and a net margin of 14.20%. The company had revenue of $856.71 million during the quarter, compared to analyst estimates of $4.97 billion. As a group, equities research analysts predict that Companhia Paranaense de Energia – COPEL will post 0.12 EPS for the current year.

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.