Companhia Paranaense de Energia – COPEL (NYSE:ELP) Shares Acquired by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP lifted its stake in shares of Companhia Paranaense de Energia – COPEL (NYSE:ELP) by 9.8% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 52,256 shares of the utilities provider’s stock after acquiring an additional 4,667 shares during the period. Dimensional Fund Advisors LP’s holdings in Companhia Paranaense de Energia – COPEL were worth $354,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in ELP. Van ECK Associates Corp boosted its stake in Companhia Paranaense de Energia – COPEL by 222.9% in the 2nd quarter. Van ECK Associates Corp now owns 266,788 shares of the utilities provider’s stock worth $1,784,000 after buying an additional 184,167 shares during the last quarter. Diversify Advisory Services LLC acquired a new stake in Companhia Paranaense de Energia – COPEL in the 1st quarter worth about $242,000. Tidal Investments LLC boosted its stake in Companhia Paranaense de Energia – COPEL by 2.4% in the 1st quarter. Tidal Investments LLC now owns 59,189 shares of the utilities provider’s stock worth $457,000 after buying an additional 1,398 shares during the last quarter. Norden Group LLC acquired a new stake in Companhia Paranaense de Energia – COPEL in the 1st quarter worth about $194,000. Finally, Blue Trust Inc. boosted its stake in Companhia Paranaense de Energia – COPEL by 205.3% in the 2nd quarter. Blue Trust Inc. now owns 17,729 shares of the utilities provider’s stock worth $119,000 after buying an additional 11,922 shares during the last quarter. Institutional investors and hedge funds own 3.80% of the company’s stock.

Companhia Paranaense de Energia – COPEL Stock Up 2.0 %

Shares of NYSE:ELP opened at $7.22 on Tuesday. The stock’s 50-day moving average price is $7.53 and its two-hundred day moving average price is $7.32. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.57 and a quick ratio of 1.55. Companhia Paranaense de Energia – COPEL has a 12-month low of $6.24 and a 12-month high of $8.91.

Companhia Paranaense de Energia – COPEL (NYSE:ELP) last released its quarterly earnings data on Thursday, August 8th. The utilities provider reported $0.03 earnings per share for the quarter. The business had revenue of $1.05 billion for the quarter. Companhia Paranaense de Energia – COPEL had a return on equity of 9.07% and a net margin of 10.87%. As a group, equities analysts expect that Companhia Paranaense de Energia – COPEL will post 0.13 EPS for the current fiscal year.

Companhia Paranaense de Energia – COPEL Cuts Dividend

The company also recently disclosed a Variable dividend, which will be paid on Monday, December 9th. Stockholders of record on Wednesday, October 2nd will be paid a $0.0705 dividend. The ex-dividend date is Wednesday, October 2nd.

About Companhia Paranaense de Energia – COPEL

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.