Vanguard Group Inc. raised its position in Companhia Paranaense de Energia (COPEL) (NYSE:ELP) by 4.0% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 2,382,819 shares of the utilities provider’s stock after acquiring an additional 91,014 shares during the period. Vanguard Group Inc. owned approximately 0.87% of Companhia Paranaense de Energia (COPEL) worth $17,490,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Letko Brosseau & Associates Inc. increased its holdings in shares of Companhia Paranaense de Energia (COPEL) by 5.3% in the 2nd quarter. Letko Brosseau & Associates Inc. now owns 3,921,114 shares of the utilities provider’s stock valued at $28,781,000 after purchasing an additional 198,315 shares in the last quarter. Brandes Investment Partners LP increased its holdings in shares of Companhia Paranaense de Energia (COPEL) by 4.5% in the 2nd quarter. Brandes Investment Partners LP now owns 1,438,300 shares of the utilities provider’s stock valued at $10,557,000 after purchasing an additional 61,682 shares in the last quarter. Bienville Capital Management LLC increased its holdings in shares of Companhia Paranaense de Energia (COPEL) by 115.9% in the 2nd quarter. Bienville Capital Management LLC now owns 506,284 shares of the utilities provider’s stock valued at $3,732,000 after purchasing an additional 271,748 shares in the last quarter. Morgan Stanley increased its holdings in shares of Companhia Paranaense de Energia (COPEL) by 380.3% in the 1st quarter. Morgan Stanley now owns 391,695 shares of the utilities provider’s stock valued at $4,038,000 after purchasing an additional 310,145 shares in the last quarter. Finally, AQR Capital Management LLC increased its holdings in shares of Companhia Paranaense de Energia (COPEL) by 2.7% in the 1st quarter. AQR Capital Management LLC now owns 311,180 shares of the utilities provider’s stock valued at $3,208,000 after purchasing an additional 8,148 shares in the last quarter. Institutional investors and hedge funds own 2.31% of the company’s stock.

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A number of equities analysts have recently issued reports on the stock. BidaskClub upgraded shares of Companhia Paranaense de Energia (COPEL) from a “hold” rating to a “buy” rating in a report on Friday, August 18th. Citigroup Inc. upgraded shares of Companhia Paranaense de Energia (COPEL) from a “neutral” rating to a “buy” rating in a report on Monday, August 14th. Finally, downgraded shares of Companhia Paranaense de Energia (COPEL) from a “buy” rating to a “hold” rating in a report on Tuesday, August 8th.

Companhia Paranaense de Energia (ELP) opened at $7.23 on Friday. The company has a current ratio of 0.81, a quick ratio of 0.79 and a debt-to-equity ratio of 0.42. Companhia Paranaense de Energia has a twelve month low of $6.99 and a twelve month high of $11.43. The firm has a market cap of $1,948.42, a PE ratio of 15.82 and a beta of 1.58.

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).

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

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