Vanguard Personalized Indexing Management LLC Purchases 6,993 Shares of Companhia Paranaense de Energia – COPEL (NYSE:ELP)

Vanguard Personalized Indexing Management LLC lifted its position in shares of Companhia Paranaense de Energia – COPEL (NYSE:ELP) by 28.7% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 31,345 shares of the utilities provider’s stock after acquiring an additional 6,993 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Companhia Paranaense de Energia – COPEL were worth $211,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Tower Research Capital LLC TRC bought a new position in Companhia Paranaense de Energia – COPEL in the 1st quarter valued at approximately $60,000. Robeco Institutional Asset Management B.V. lifted its stake in Companhia Paranaense de Energia – COPEL by 5.8% in the 1st quarter. Robeco Institutional Asset Management B.V. now owns 4,132,827 shares of the utilities provider’s stock valued at $27,773,000 after purchasing an additional 225,087 shares during the last quarter. Ronald Blue Trust Inc. lifted its stake in Companhia Paranaense de Energia – COPEL by 32.1% in the 1st quarter. Ronald Blue Trust Inc. now owns 23,251 shares of the utilities provider’s stock valued at $167,000 after purchasing an additional 5,653 shares during the last quarter. Claro Advisors LLC lifted its stake in Companhia Paranaense de Energia – COPEL by 12.6% in the 4th quarter. Claro Advisors LLC now owns 20,138 shares of the utilities provider’s stock valued at $145,000 after purchasing an additional 2,259 shares during the last quarter. Finally, Schonfeld Strategic Advisors LLC bought a new position in Companhia Paranaense de Energia – COPEL in the 4th quarter valued at approximately $472,000. Institutional investors own 3.98% of the company’s stock.

Companhia Paranaense de Energia – COPEL Stock Up 1.4 %

Shares of NYSE ELP opened at $8.67 on Friday. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.44 and a current ratio of 1.47. Companhia Paranaense de Energia – COPEL has a 52-week low of $5.71 and a 52-week high of $9.05. The firm has a 50 day moving average price of $8.54 and a two-hundred day moving average price of $7.65.

Wall Street Analyst Weigh In

Separately, Bank of America raised shares of Companhia Paranaense de Energia – COPEL from a “neutral” rating to a “buy” rating in a research note on Friday, June 30th.

Companhia Paranaense de Energia – COPEL Profile

Companhia Paranaense de Energia – COPEL engages in the generation, transformation, distribution, and sale of electricity to industrial, residential, commercial, rural, and other customers in Brazil. The company operates through Power Generation and Transmission, Power Distribution, Power Sale, and Gas segments.