Mirae Asset Global Investments Co. Ltd. Sells 1,449 Shares of Companhia Paranaense de Energia – COPEL (NYSE:ELP)

Mirae Asset Global Investments Co. Ltd. decreased its position in shares of Companhia Paranaense de Energia – COPEL (NYSE:ELP) by 4.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 32,280 shares of the utilities provider’s stock after selling 1,449 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in Companhia Paranaense de Energia – COPEL were worth $274,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of the company. Optiver Holding B.V. increased its position in Companhia Paranaense de Energia – COPEL by 167.2% during the third quarter. Optiver Holding B.V. now owns 818,974 shares of the utilities provider’s stock valued at $7,182,000 after acquiring an additional 512,488 shares during the last quarter. Compagnie Lombard Odier SCmA grew its holdings in shares of Companhia Paranaense de Energia – COPEL by 554.6% in the third quarter. Compagnie Lombard Odier SCmA now owns 163,000 shares of the utilities provider’s stock worth $1,430,000 after purchasing an additional 138,100 shares during the last quarter. Trexquant Investment LP bought a new position in shares of Companhia Paranaense de Energia – COPEL in the third quarter worth about $441,000. Vanguard Personalized Indexing Management LLC grew its holdings 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 worth $309,000 after purchasing an additional 1,144 shares during the last quarter. Finally, Quantbot Technologies LP bought a new position in shares of Companhia Paranaense de Energia – COPEL in the third quarter worth about $277,000. Institutional investors own 3.80% of the company’s stock.

Companhia Paranaense de Energia – COPEL Stock Up 2.0 %

NYSE ELP opened at $7.14 on Friday. The company’s 50-day moving average price is $7.78 and its 200-day moving average price is $7.71. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.45 and a current ratio of 1.47. Companhia Paranaense de Energia – COPEL has a 12 month low of $5.59 and a 12 month high of $8.91.

Companhia Paranaense de Energia – COPEL Cuts Dividend

The business also recently declared a Variable dividend, which will be paid on Monday, July 8th. Stockholders of record on Friday, May 3rd will be issued 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.