CPFL Energia (NYSE:CPL) Shares Bought by Renaissance Technologies LLC

Renaissance Technologies LLC increased its holdings in CPFL Energia (NYSE:CPL) by 8.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,014,786 shares of the utilities provider’s stock after acquiring an additional 80,800 shares during the quarter. Renaissance Technologies LLC owned about 0.20% of CPFL Energia worth $11,670,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Tower Research Capital LLC TRC lifted its position in CPFL Energia by 905,150.0% during the fourth quarter. Tower Research Capital LLC TRC now owns 36,210 shares of the utilities provider’s stock valued at $416,000 after buying an additional 36,206 shares during the period. Virtu Financial LLC purchased a new position in shares of CPFL Energia in the 3rd quarter worth about $462,000. Jane Street Group LLC raised its position in shares of CPFL Energia by 46.8% in the 3rd quarter. Jane Street Group LLC now owns 36,022 shares of the utilities provider’s stock worth $618,000 after purchasing an additional 11,485 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of CPFL Energia by 1,297.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 38,887 shares of the utilities provider’s stock worth $662,000 after purchasing an additional 36,104 shares during the last quarter. Finally, Citadel Advisors LLC purchased a new position in shares of CPFL Energia in the 3rd quarter worth about $811,000. 0.89% of the stock is owned by institutional investors and hedge funds.

How to Become a New Pot Stock Millionaire

Separately, ValuEngine downgraded CPFL Energia from a “buy” rating to a “hold” rating in a report on Wednesday, January 10th.

CPFL Energia stock opened at $14.24 on Friday. The stock has a market cap of $7,252.64, a price-to-earnings ratio of 26.89 and a beta of 1.26. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 1.33. CPFL Energia has a 52-week low of $10.63 and a 52-week high of $17.69.

COPYRIGHT VIOLATION WARNING: “CPFL Energia (NYSE:CPL) Shares Bought by Renaissance Technologies LLC” was first published by Week Herald and is the sole property of of Week Herald. If you are reading this piece of content on another website, it was stolen and reposted in violation of U.S. & international trademark & copyright legislation. The legal version of this piece of content can be read at https://weekherald.com/2018/04/20/renaissance-technologies-llc-grows-holdings-in-cpfl-energia-cpl.html.

CPFL Energia Company Profile

CPFL Energia SA, together with its subsidiaries, generates, transmits, distributes, and commercializes electricity to residential, industrial, and commercial customers in Brazil. The company generates electricity through wind, biomass-powered thermal, solar, and hydroelectric power plants. It also manufactures, commercializes, rents, and maintains electro-mechanical equipment; and offers administrative, call center, collection, IT, telecommunication, energy transmission, and energy efficiency management services, as well as maintenance services for energy generation companies.

Institutional Ownership by Quarter for CPFL Energia (NYSE:CPL)

Receive News & Ratings for CPFL Energia Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CPFL Energia and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply