Companhia Paranaense de Energia – COPEL Stock to Split on Friday, December 29th (NYSE:ELP)
Shares of Companhia Paranaense de Energia – COPEL (NYSE:ELP – Free Report) are set to split on the morning of Friday, December 29th. The 5-4 split was announced on Friday, December 29th. The newly created shares will be issued to shareholders after the closing bell on Friday, December 29th.
Companhia Paranaense de Energia – COPEL Price Performance
ELP stock opened at $9.81 on Friday. Companhia Paranaense de Energia – COPEL has a twelve month low of $6.01 and a twelve month high of $10.20. The business’s 50-day simple moving average is $8.96 and its 200 day simple moving average is $8.62. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.48 and a quick ratio of 1.46.
Companhia Paranaense de Energia – COPEL (NYSE:ELP – Get Free Report) last released its earnings results on Wednesday, November 8th. The utilities provider reported $0.03 earnings per share for the quarter. The business had revenue of $1.14 billion for the quarter. Companhia Paranaense de Energia – COPEL had a return on equity of 9.18% and a net margin of 9.27%. Sell-side analysts predict that Companhia Paranaense de Energia – COPEL will post 0.57 EPS for the current fiscal year.
Companhia Paranaense de Energia – COPEL Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Monday, December 11th. Shareholders of record on Tuesday, October 3rd were issued a dividend of $0.119 per share. This represents a $0.48 dividend on an annualized basis and a yield of 4.85%. The ex-dividend date was Monday, October 2nd.
Institutional Inflows and Outflows
A number of institutional investors have recently modified their holdings of the company. Vanguard Personalized Indexing Management LLC raised its stake 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 acquiring an additional 1,144 shares during the last quarter. Ronald Blue Trust Inc. raised its stake in shares of Companhia Paranaense de Energia – COPEL by 36.8% in the third quarter. Ronald Blue Trust Inc. now owns 6,318 shares of the utilities provider’s stock valued at $54,000 after acquiring an additional 1,700 shares during the last quarter. Signaturefd LLC raised its stake 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 acquiring an additional 1,809 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of Companhia Paranaense de Energia – COPEL by 10.9% in the first quarter. JPMorgan Chase & Co. now owns 19,065 shares of the utilities provider’s stock valued at $128,000 after acquiring an additional 1,867 shares during the last quarter. Finally, Mariner LLC raised its stake in shares of Companhia Paranaense de Energia – COPEL by 11.4% in the third quarter. Mariner LLC now owns 20,271 shares of the utilities provider’s stock valued at $178,000 after acquiring an additional 2,082 shares during the last quarter. Institutional investors own 3.98% of the company’s stock.
Companhia Paranaense de Energia – COPEL Company Profile (Get Free Report)
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.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Before you consider Companhia Paranaense de Energia – COPEL, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Companhia Paranaense de Energia – COPEL wasn’t on the list.
While Companhia Paranaense de Energia – COPEL currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.
MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.