Harel Insurance Investments & Financial Services Ltd. increased its stake in shares of Companhia Paranaense de Energia (COPEL) (NYSE:ELP) by 165.6% during the second quarter, Holdings Channel reports. The fund owned 14,275 shares of the utilities provider’s stock after buying an additional 8,900 shares during the period. Harel Insurance Investments & Financial Services Ltd.’s holdings in Companhia Paranaense de Energia (COPEL) were worth $101,000 as of its most recent filing with the SEC.

Other large investors also recently added to or reduced their stakes in the company. Wetherby Asset Management Inc. acquired a new position in Companhia Paranaense de Energia (COPEL) during the first quarter worth $138,000. Virtu Financial LLC purchased a new position in Companhia Paranaense de Energia (COPEL) during the first quarter valued at approximately $194,000. Greenleaf Trust raised its position in Companhia Paranaense de Energia (COPEL) by 36.6% in the first quarter. Greenleaf Trust now owns 20,209 shares of the utilities provider’s stock valued at $208,000 after buying an additional 5,414 shares during the last quarter. HPM Partners LLC purchased a new position in Companhia Paranaense de Energia (COPEL) during the first quarter valued at approximately $221,000. Finally, Mirae Asset Global Investments Co. Ltd. raised its position in Companhia Paranaense de Energia (COPEL) by 2.2% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 32,128 shares of the utilities provider’s stock valued at $331,000 after buying an additional 688 shares during the last quarter. Hedge funds and other institutional investors own 3.91% of the company’s stock.

Shares of Companhia Paranaense de Energia (ELP) opened at 8.32 on Friday. Companhia Paranaense de Energia has a 52 week low of $7.15 and a 52 week high of $11.94. The stock has a market capitalization of $2.28 billion, a price-to-earnings ratio of 5.77 and a beta of 1.62. The stock’s 50 day moving average is $8.04 and its 200-day moving average is $9.23.

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Several research firms have commented on ELP. HSBC Holdings plc lowered shares of Companhia Paranaense de Energia (COPEL) from a “buy” rating to a “hold” rating in a research note on Tuesday. BidaskClub lowered shares of Companhia Paranaense de Energia (COPEL) from a “buy” rating to a “hold” rating in a research note on Friday. Finally, ValuEngine lowered shares of Companhia Paranaense de Energia (COPEL) from a “strong-buy” rating to a “buy” rating in a research note on Friday, June 9th.

Companhia Paranaense de Energia (COPEL) Company Profile

Companhia Paranaense de Energia is engaged in the generation, transmission, distribution and sale of electricity in the Brazilian State of Parana. The Company also provides telecommunications and other services. Its segments are Power generation and transmission (GET), Power distribution and sales (DIS), Telecommunications (TEL), GAS and Holding Company (HOL).

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Institutional Ownership by Quarter for Companhia Paranaense de Energia (COPEL) (NYSE:ELP)

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