Companhia Paranaense de Energia (ELP) Stake Lessened by SG Americas Securities LLC

SG Americas Securities LLC reduced its position in shares of Companhia Paranaense de Energia (NYSE:ELP) by 23.4% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 34,537 shares of the utilities provider’s stock after selling 10,562 shares during the quarter. SG Americas Securities LLC’s holdings in Companhia Paranaense de Energia were worth $306,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of ELP. Virtu KCG Holdings LLC acquired a new position in Companhia Paranaense de Energia during the 2nd quarter worth approximately $130,000. Stevens Capital Management LP acquired a new position in Companhia Paranaense de Energia during the 2nd quarter worth approximately $135,000. Ameriprise Financial Inc. raised its stake in Companhia Paranaense de Energia by 50.2% during the 2nd quarter. Ameriprise Financial Inc. now owns 18,449 shares of the utilities provider’s stock worth $141,000 after buying an additional 6,170 shares during the period. Verition Fund Management LLC acquired a new position in Companhia Paranaense de Energia during the 2nd quarter worth approximately $159,000. Finally, BT Investment Management Ltd acquired a new position in Companhia Paranaense de Energia during the 3rd quarter worth approximately $212,000. 1.97% of the stock is currently owned by institutional investors and hedge funds.

Shares of Companhia Paranaense de Energia (ELP) traded up $0.20 on Monday, reaching $7.02. The company’s stock had a trading volume of 396,100 shares, compared to its average volume of 516,101. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.81 and a quick ratio of 0.79. The company has a market cap of $1,921.06, a price-to-earnings ratio of 7.09 and a beta of 1.52. Companhia Paranaense de Energia has a 1 year low of $6.70 and a 1 year high of $11.43.

Separately, ValuEngine raised Companhia Paranaense de Energia from a “buy” rating to a “strong-buy” rating in a report on Friday, December 1st.

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

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