Brandes Investment Partners LP raised its position in shares of Companhia Paranaense de Energia (COPEL) (NYSE:ELP) by 4.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,438,300 shares of the utilities provider’s stock after buying an additional 61,682 shares during the period. Brandes Investment Partners LP owned 0.53% of Companhia Paranaense de Energia (COPEL) worth $10,557,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the stock. Wetherby Asset Management Inc. acquired a new stake in shares of Companhia Paranaense de Energia (COPEL) during the first quarter worth $138,000. Harel Insurance Investments & Financial Services Ltd. increased its stake in shares of Companhia Paranaense de Energia (COPEL) by 165.6% in the second quarter. Harel Insurance Investments & Financial Services Ltd. now owns 14,275 shares of the utilities provider’s stock worth $101,000 after buying an additional 8,900 shares in the last quarter. HPM Partners LLC acquired a new stake in shares of Companhia Paranaense de Energia (COPEL) during the first quarter worth $221,000. Mirae Asset Global Investments Co. Ltd. increased its stake in shares of 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 worth $331,000 after buying an additional 688 shares in the last quarter. Finally, Greenleaf Trust increased its stake in shares of Companhia Paranaense de Energia (COPEL) by 62.4% in the second quarter. Greenleaf Trust now owns 32,829 shares of the utilities provider’s stock worth $241,000 after buying an additional 12,620 shares in the last quarter. 2.13% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Companhia Paranaense de Energia (NYSE ELP) opened at 9.22 on Friday. The firm has a market cap of $2.52 billion, a P/E ratio of 20.95 and a beta of 1.62. Companhia Paranaense de Energia has a one year low of $7.15 and a one year high of $11.94. The firm has a 50 day moving average price of $8.68 and a 200-day moving average price of $9.11.

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A number of brokerages have weighed in on ELP. HSBC Holdings plc downgraded Companhia Paranaense de Energia (COPEL) from a “buy” rating to a “hold” rating in a report on Tuesday, August 8th. BidaskClub downgraded Companhia Paranaense de Energia (COPEL) from a “buy” rating to a “hold” rating in a report on Friday, August 11th. Citigroup Inc. raised Companhia Paranaense de Energia (COPEL) from a “neutral” rating to a “buy” rating in a report on Monday, August 14th. Finally, ValuEngine downgraded Companhia Paranaense de Energia (COPEL) from a “strong-buy” rating to a “buy” rating in a report on Friday, June 9th.

About Companhia Paranaense de Energia (COPEL)

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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