Shares of Companhia Paranaense de Energia (NYSE:ELP) have received an average broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy recommendation.

Zacks has also given Companhia Paranaense de Energia an industry rank of 190 out of 265 based on the ratings given to related companies.

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Separately, ValuEngine cut shares of Companhia Paranaense de Energia from a “strong-buy” rating to a “buy” rating in a research note on Friday, February 2nd.

A number of large investors have recently modified their holdings of the stock. Brandes Investment Partners LP grew its position in shares of Companhia Paranaense de Energia by 0.7% in the 4th quarter. Brandes Investment Partners LP now owns 1,266,828 shares of the utilities provider’s stock worth $9,666,000 after buying an additional 9,305 shares during the period. Virtu Financial LLC purchased a new position in shares of Companhia Paranaense de Energia in the third quarter valued at $104,000. First Trust Advisors LP grew its holdings in shares of Companhia Paranaense de Energia by 111.3% in the third quarter. First Trust Advisors LP now owns 27,023 shares of the utilities provider’s stock valued at $239,000 after purchasing an additional 14,237 shares in the last quarter. Ellington Management Group LLC grew its holdings in shares of Companhia Paranaense de Energia by 78.7% in the fourth quarter. Ellington Management Group LLC now owns 37,000 shares of the utilities provider’s stock valued at $282,000 after purchasing an additional 16,300 shares in the last quarter. Finally, BlueCrest Capital Management Ltd purchased a new position in shares of Companhia Paranaense de Energia in the fourth quarter valued at $145,000. 1.63% of the stock is owned by institutional investors.

Shares of Companhia Paranaense de Energia (NYSE ELP) traded down $0.05 during trading hours on Friday, reaching $8.17. 114,554 shares of the company traded hands, compared to its average volume of 453,941. The stock has a market capitalization of $2,279.55, a PE ratio of 8.25 and a beta of 1.42. Companhia Paranaense de Energia has a 12 month low of $6.70 and a 12 month high of $10.72. The company has a current ratio of 0.81, a quick ratio of 0.79 and a debt-to-equity ratio of 0.39.

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Companhia Paranaense de Energia 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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