Dimensional Fund Advisors LP reduced its position in shares of CPFL Energia S.A. (NYSE:CPL) by 0.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 296,519 shares of the utilities provider’s stock after selling 1,920 shares during the period. Dimensional Fund Advisors LP owned approximately 0.06% of CPFL Energia worth $4,731,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently made changes to their positions in CPL. Vanguard Group Inc. raised its position in CPFL Energia by 11.7% during the first quarter. Vanguard Group Inc. now owns 758,862 shares of the utilities provider’s stock valued at $12,438,000 after purchasing an additional 79,301 shares in the last quarter. Schwab Charles Investment Management Inc. increased its holdings in shares of CPFL Energia by 17.0% during the first quarter. Schwab Charles Investment Management Inc. now owns 127,377 shares of the utilities provider’s stock worth $2,088,000 after buying an additional 18,512 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. increased its holdings in shares of CPFL Energia by 138.7% during the second quarter. Harel Insurance Investments & Financial Services Ltd. now owns 19,791 shares of the utilities provider’s stock worth $304,000 after buying an additional 11,500 shares in the last quarter. SG Americas Securities LLC acquired a new position in shares of CPFL Energia during the second quarter worth $2,223,000. Finally, BNP Paribas Arbitrage SA increased its holdings in shares of CPFL Energia by 410.0% during the second quarter. BNP Paribas Arbitrage SA now owns 13,352 shares of the utilities provider’s stock worth $213,000 after buying an additional 10,734 shares in the last quarter. Institutional investors and hedge funds own 1.90% of the company’s stock.

CPFL Energia S.A. (NYSE CPL) opened at $17.00 on Thursday. The stock has a market cap of $8,581.02, a price-to-earnings ratio of 36.65 and a beta of 1.46. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.84 and a current ratio of 0.84. CPFL Energia S.A. has a 1-year low of $13.90 and a 1-year high of $17.69.

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Separately, BidaskClub downgraded shares of CPFL Energia from a “strong-buy” rating to a “buy” rating in a report on Friday, July 28th.

CPFL Energia Company Profile

CPFL Energia SA is a holding company. The Company, through its subsidiaries, distributes, generates, transmits and commercializes electricity in Brazil, as well as provides energy-related services. Its segments include Distribution, Conventional Generation Sources, Renewable Energy Generation, Commercialization and Services.

Institutional Ownership by Quarter for CPFL Energia (NYSE:CPL)

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