Numeric Investors LLC increased its holdings in Companhia Paranaense de Energia (COPEL) (NYSE:ELP) by 25.7% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 793,077 shares of the utilities provider’s stock after purchasing an additional 162,300 shares during the period. Numeric Investors LLC owned approximately 0.29% of Companhia Paranaense de Energia (COPEL) worth $5,821,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Harel Insurance Investments & Financial Services Ltd. lifted its stake in Companhia Paranaense de Energia (COPEL) by 165.6% during the second quarter. Harel Insurance Investments & Financial Services Ltd. now owns 14,275 shares of the utilities provider’s stock worth $101,000 after purchasing an additional 8,900 shares during the period. Virtu KCG Holdings LLC acquired a new stake in Companhia Paranaense de Energia (COPEL) during the second quarter valued at approximately $130,000. Stevens Capital Management LP acquired a new stake in Companhia Paranaense de Energia (COPEL) during the second quarter valued at approximately $135,000. Ameriprise Financial Inc. boosted its holdings in Companhia Paranaense de Energia (COPEL) by 50.2% during the second quarter. Ameriprise Financial Inc. now owns 18,449 shares of the utilities provider’s stock valued at $141,000 after purchasing an additional 6,170 shares in the last quarter. Finally, Greenleaf Trust boosted its holdings in Companhia Paranaense de Energia (COPEL) by 62.4% during the second quarter. Greenleaf Trust now owns 32,829 shares of the utilities provider’s stock valued at $241,000 after purchasing an additional 12,620 shares in the last quarter. 2.13% of the stock is owned by hedge funds and other institutional investors.

Companhia Paranaense de Energia (NYSE:ELP) opened at 9.04 on Tuesday. The firm’s 50 day moving average price is $9.21 and its 200-day moving average price is $8.84. Companhia Paranaense de Energia has a one year low of $7.15 and a one year high of $11.94. The company has a market capitalization of $2.47 billion, a PE ratio of 20.59 and a beta of 1.66.

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Several equities research analysts have recently weighed in on ELP shares. HSBC Holdings plc lowered Companhia Paranaense de Energia (COPEL) from a “buy” rating to a “hold” rating in a research note on Tuesday, August 8th. BidaskClub downgraded Companhia Paranaense de Energia (COPEL) from a “buy” rating to a “hold” rating in a research report on Friday, August 11th. Citigroup Inc. upgraded Companhia Paranaense de Energia (COPEL) from a “neutral” rating to a “buy” rating in a research report on Monday, August 14th. Finally, ValuEngine lowered 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) 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).

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

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