Sheaff Brock Investment Advisors LLC Purchases New Holdings in Companhia Paranaense de Energia – COPEL (NYSE:ELP)

Sheaff Brock Investment Advisors LLC acquired a new stake in Companhia Paranaense de Energia – COPEL (NYSE:ELP – Get Rating) during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 13,000 shares of the utilities provider’s stock, valued at approximately $102,000.

Other large investors have also recently added to or reduced their stakes in the company. Mirae Asset Global Investments Co. Ltd. increased its stake in Companhia Paranaense de Energia – COPEL by 25.1% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 13,659 shares of the utilities provider’s stock valued at $77,000 after buying an additional 2,744 shares during the period. Pacer Advisors Inc. increased its stake in Companhia Paranaense de Energia – COPEL by 35.8% in the 1st quarter. Pacer Advisors Inc. now owns 9,955 shares of the utilities provider’s stock valued at $78,000 after buying an additional 2,625 shares during the period. National Bank of Canada FI acquired a new position in Companhia Paranaense de Energia – COPEL in the 1st quarter valued at approximately $85,000. Veracity Capital LLC acquired a new position in Companhia Paranaense de Energia – COPEL in the 1st quarter valued at approximately $88,000. Finally, Truist Financial Corp acquired a new position in Companhia Paranaense de Energia – COPEL in the 1st quarter valued at approximately $152,000. Institutional investors and hedge funds own 5.93% of the company’s stock.

Companhia Paranaense de Energia – COPEL Stock Up 3.3 %

Companhia Paranaense de Energia – COPEL stock opened at $6.80 on Friday. The firm’s 50 day moving average price is $6.58 and its two-hundred day moving average price is $6.87. Companhia Paranaense de Energia – COPEL has a twelve month low of $5.01 and a twelve month high of $8.15. The firm has a market cap of $3.72 billion, a PE ratio of 21.25 and a beta of 0.56. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.41 and a current ratio of 1.44.

Companhia Paranaense de Energia – COPEL (NYSE:ELP – Get Rating) last announced its quarterly earnings results on Thursday, May 12th. The utilities provider reported $0.05 EPS for the quarter. Companhia Paranaense de Energia – COPEL had a net margin of 15.84% and a return on equity of 16.85%. The company had revenue of $1.07 billion for the quarter. On average, research analysts predict that Companhia Paranaense de Energia – COPEL will post 0.65 EPS for the current fiscal year.

About Companhia Paranaense de Energia – COPEL

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Companhia Paranaense de Energia – COPEL engages in the generation, transformation, distribution, and trading of energy to industrial, residential, commercial, rural, and other customers primarily in the State of Paraná, Brazil. The company operates through Power generation and transmission, Power distribution, Gas, and Power sale segments.