Guggenheim Capital LLC raised its position in Centrais Elétricas Brasileiras S.A. – Eletrobrás (NYSE:EBR – Get Rating) by 9.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 116,533 shares of the utilities provider’s stock after purchasing an additional 9,858 shares during the quarter. Guggenheim Capital LLC’s holdings in Centrais Elétricas Brasileiras S.A. – Eletrobrás were worth $936,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors also recently made changes to their positions in the company. Advisor Group Holdings Inc. increased its stake in shares of Centrais Elétricas Brasileiras S.A. – Eletrobrás by 49.0% in the first quarter. Advisor Group Holdings Inc. now owns 4,898 shares of the utilities provider’s stock valued at $39,000 after purchasing an additional 1,611 shares during the period. Tower Research Capital LLC TRC increased its stake in shares of Centrais Elétricas Brasileiras S.A. – Eletrobrás by 462.9% in the third quarter. Tower Research Capital LLC TRC now owns 5,764 shares of the utilities provider’s stock valued at $46,000 after purchasing an additional 4,740 shares during the period. Harel Insurance Investments & Financial Services Ltd. acquired a new stake in shares of Centrais Elétricas Brasileiras S.A. – Eletrobrás in the third quarter valued at approximately $79,000. Panagora Asset Management Inc. bought a new position in shares of Centrais Elétricas Brasileiras S.A. – Eletrobrás in the first quarter valued at approximately $84,000. Finally, Sigma Planning Corp bought a new position in shares of Centrais Elétricas Brasileiras S.A. – Eletrobrás in the second quarter valued at approximately $101,000. Institutional investors and hedge funds own 2.37% of the company’s stock.
Centrais Elétricas Brasileiras S.A. – Eletrobrás Trading Down 2.9 %
Centrais Elétricas Brasileiras S.A. – Eletrobrás stock opened at $6.27 on Wednesday. The firm has a 50 day simple moving average of $7.45 and a 200-day simple moving average of $8.24. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.76 and a quick ratio of 1.74. The stock has a market capitalization of $9.84 billion, a PE ratio of 9.09, a price-to-earnings-growth ratio of 0.31 and a beta of 0.81. Centrais Elétricas Brasileiras S.A. – Eletrobrás has a 12-month low of $6.19 and a 12-month high of $10.39.
About Centrais Elétricas Brasileiras S.A. – Eletrobrás
Centrais Elétricas Brasileiras SA engages in the production and dissemination of electricity. It operates through the Generation and Transmission segments. The Generation segment refers to the electric power generation including hydroelectric, thermal, and nuclear power plants. The Transmission segment focuses on the transmission of electric power in Brazil.
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