CPFL Energia S.A. (CPL) Receives Consensus Rating of “” from Brokerages
Shares of CPFL Energia S.A. (NYSE:CPL) have received an average broker rating score of 0.00 () from the zero brokers that cover the stock, Zacks Investment Research reports.
Zacks has also given CPFL Energia an industry rank of 92 out of 265 based on the ratings given to related companies.
Separately, BidaskClub downgraded CPFL Energia from a “buy” rating to a “hold” rating in a research note on Friday, June 23rd.
A number of hedge funds have recently added to or reduced their stakes in the company. Princeton Alpha Management LP acquired a new position in CPFL Energia during the first quarter valued at $167,000. Bogle Investment Management L P DE acquired a new position in CPFL Energia during the first quarter valued at $892,000. AXA acquired a new position in CPFL Energia during the first quarter valued at $479,000. Capstone Asset Management Co. increased its position in CPFL Energia by 13.6% in the second quarter. Capstone Asset Management Co. now owns 74,711 shares of the utilities provider’s stock valued at $1,192,000 after buying an additional 8,929 shares during the period. Finally, State Street Corp increased its position in CPFL Energia by 8.0% in the fourth quarter. State Street Corp now owns 264,053 shares of the utilities provider’s stock valued at $4,067,000 after buying an additional 19,590 shares during the period. 1.86% of the stock is owned by institutional investors and hedge funds.
CPFL Energia (NYSE:CPL) traded up 0.06% on Friday, hitting $17.17. The company’s stock had a trading volume of 26,969 shares. The stock has a market cap of $8.74 billion, a PE ratio of 31.80 and a beta of 1.39. CPFL Energia has a 12 month low of $13.27 and a 12 month high of $17.21. The firm has a 50 day moving average of $16.37 and a 200-day moving average of $16.29.
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About CPFL Energia
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.
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