Ellomay Capital Ltd. $ELLO Shares Acquired by Clal Insurance Enterprises Holdings Ltd

Clal Insurance Enterprises Holdings Ltd raised its position in shares of Ellomay Capital Ltd. (NYSEAMERICAN:ELLO) by 4.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,594,224 shares of the utilities provider’s stock after acquiring an additional 70,180 shares during the quarter. Clal Insurance Enterprises Holdings Ltd owned approximately 11.57% of Ellomay Capital worth $28,276,000 as of its most recent SEC filing.

Separately, Edmond DE Rothschild Holding S.A. acquired a new position in Ellomay Capital in the second quarter valued at approximately $31,000. 27.54% of the stock is owned by institutional investors.

Ellomay Capital Price Performance

Ellomay Capital stock opened at $24.09 on Friday. Ellomay Capital Ltd. has a 1 year low of $13.00 and a 1 year high of $30.34. The company has a debt-to-equity ratio of 3.04, a quick ratio of 1.18 and a current ratio of 1.18. The company’s 50 day simple moving average is $26.40 and its 200-day simple moving average is $21.83. The company has a market capitalization of $331.96 million, a price-to-earnings ratio of 803.00 and a beta of 1.00.

Ellomay Capital (NYSEAMERICAN:ELLO) last issued its quarterly earnings results on Monday, December 1st. The utilities provider reported $4.45 earnings per share (EPS) for the quarter. Ellomay Capital had a net margin of 1.83% and a return on equity of 0.50%. The company had revenue of $278.16 million for the quarter.

Ellomay Capital Company Profile

Ellomay Capital Ltd. is an Israel-based investment company specializing in the acquisition, financing, development and operation of renewable energy and related infrastructure assets. Founded in 2014 and traded on the NYSE American under the ticker ELLO, Ellomay focuses on building a diversified portfolio of solar photovoltaic (PV) projects and specialty infrastructure businesses that generate stable, long-term cash flows under government-backed tariffs and concession agreements.

The company’s core activities center on ground-mounted solar PV installations in Italy, where its operating portfolio comprises multiple medium-sized projects secured under feed-in-tariff regimes.