First Trust Direct Indexing L.P. Purchases 1,386 Shares of Companhia Paranaense de Energia – COPEL (NYSE:ELP)

First Trust Direct Indexing L.P. boosted its stake in Companhia Paranaense de Energia – COPEL (NYSE:ELP) by 5.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 25,389 shares of the utilities provider’s stock after acquiring an additional 1,386 shares during the period. First Trust Direct Indexing L.P.’s holdings in Companhia Paranaense de Energia – COPEL were worth $215,000 as of its most recent filing with the SEC.

Other hedge funds have also added to or reduced their stakes in the company. Vanguard Personalized Indexing Management LLC raised its position in shares of Companhia Paranaense de Energia – COPEL by 3.4% in the third quarter. Vanguard Personalized Indexing Management LLC now owns 35,252 shares of the utilities provider’s stock valued at $309,000 after purchasing an additional 1,144 shares during the period. Signaturefd LLC raised its position in shares of Companhia Paranaense de Energia – COPEL by 23.8% in the third quarter. Signaturefd LLC now owns 9,394 shares of the utilities provider’s stock valued at $82,000 after purchasing an additional 1,809 shares during the period. Blue Trust Inc. raised its position in shares of Companhia Paranaense de Energia – COPEL by 44.9% in the fourth quarter. Blue Trust Inc. now owns 9,153 shares of the utilities provider’s stock valued at $80,000 after purchasing an additional 2,835 shares during the period. Clear Street Markets LLC bought a new stake in shares of Companhia Paranaense de Energia – COPEL in the third quarter valued at approximately $32,000. Finally, Mirae Asset Global Investments Co. Ltd. grew its stake in Companhia Paranaense de Energia – COPEL by 46.3% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 33,729 shares of the utilities provider’s stock valued at $296,000 after acquiring an additional 10,667 shares in the last quarter. Institutional investors own 3.80% of the company’s stock.

Companhia Paranaense de Energia – COPEL Stock Performance

Shares of NYSE:ELP opened at $7.54 on Thursday. The company has a 50 day moving average of $7.64 and a 200 day moving average of $7.76. Companhia Paranaense de Energia – COPEL has a 12 month low of $5.59 and a 12 month high of $8.91. The company has a quick ratio of 1.45, a current ratio of 1.47 and a debt-to-equity ratio of 0.54.

Companhia Paranaense de Energia – COPEL Cuts Dividend

The business also recently declared a Variable dividend, which will be paid on Monday, July 8th. Shareholders of record on Friday, May 3rd will be paid a $0.031 dividend. The ex-dividend date is Thursday, May 2nd.

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.