Ellomay Capital (NYSEAMERICAN:ELLO) Announces Earnings Results

Ellomay Capital (NYSEAMERICAN:ELLOGet Free Report) posted its quarterly earnings data on Sunday. The utilities provider reported ($0.34) earnings per share for the quarter, reports. The company had revenue of $8.91 million during the quarter. Ellomay Capital had a net margin of 3.24% and a return on equity of 3.01%.

Ellomay Capital Stock Down 0.4 %

Shares of ELLO opened at $12.08 on Wednesday. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 3.16. The firm has a market cap of $155.23 million, a price-to-earnings ratio of 38.60 and a beta of 1.25. Ellomay Capital has a 12 month low of $10.00 and a 12 month high of $20.26.

Hedge Funds Weigh In On Ellomay Capital

An institutional investor recently raised its position in Ellomay Capital stock. Clal Insurance Enterprises Holdings Ltd lifted its stake in shares of Ellomay Capital Ltd. (NYSEAMERICAN:ELLOFree Report) by 54.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,512,554 shares of the utilities provider’s stock after purchasing an additional 534,554 shares during the quarter. Clal Insurance Enterprises Holdings Ltd owned about 11.77% of Ellomay Capital worth $22,580,000 at the end of the most recent reporting period. 27.54% of the stock is currently owned by hedge funds and other institutional investors.

Ellomay Capital Company Profile

(Get Free Report)

Ellomay Capital Ltd., together with its subsidiaries, engages in the initiation, development, construction, and production of renewable and clean energy projects in Spain, the United States, Italy, the Netherlands, and Israel. The company owns photovoltaic (PV) plants comprising five PV plants in Spain with an aggregate installed capacity of approximately 35.9 megawatts (MW); and one PV plant with an installed capacity of 300 MW in the municipality of Talaván, Spain.

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Earnings History for Ellomay Capital (NYSEAMERICAN:ELLO)

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