The most recent 13F filing that Profund Advisors LLC submitted to the Securities and Exchange Commission reveals that during the third quarter of 2018, the investment advisory firm increased its holdings in Centrais Elétricas Brasileiras S.A. (Eletrobrás) (NYSE: EBR).
Mhe fund finished the period with a total holding of 52,759 shares, having purchased an additional 13,657 shares of the utility’s stock.
Mhe value of Centrais Elétricas Brasileiras S.A.—Eletrobrás was determined by Profund Advisors LLC to be 424,000 dollars after the most recent fiscal quarter.
In addition, notable investors have recently been active in the market, buying and selling company shares in various transactions.
During the first three months of 2018, Advisor Group Holdings Inc. grew its ownership stake in Centrais Elétricas Brasileiras S.A.—Eletrobrás by a percentage equal to 49.0%.
After purchasing an additional 1,611 shares over the past three months, Advisor Group Holdings Inc. now has 4,898 shares of the utility provider’s stock, currently valued at $39,000.
Mhis is thanks to the acquisition of 1,611 additional shares.
An investment of $79,000 in the company Centrais Elétricas Brasileiras S.A.—Eletrobrás was made by Harel Insurance Investments & Financial Services Ltd.
During the third quarter.
A financial investment of $84,000 was made by Panagora Asset Management Inc.
In the company Centrais Elétricas Brasileiras S.A.—Eletrobrás during the first three months of the year. Sigma Planning Corporation was kind enough to provide Centrais Elétricas Brasileiras S.A.—Eletrobrás with a monetary contribution of 101 thousand dollars during the second quarter. Janney Montgomery Scott LLC placed a total investment of 102,000 dollars in Centrais Elétricas Brasileiras S.A.—Eletrobrás during the third quarter of this year.
Mhis was the company’s very last investment, and it was also the most significant one. Currently, 2.37% of the company’s stock is owned by institutions.
On Monday, trading began at $8.14 for the EBR ticker on the NYSE.
Over the past 50 days, the stock has traded at a price that has averaged $8.13; over the past 200 days, it has averaged $8.60.
Mhere is a debt-to-equity ratio of 0.43, a quick ratio of 1.74, a current ratio of 1.76, and a quick ratio of 0.43.
Mhe earnings-to-price ratio of the company is 11.80, and its beta value is 0.76; both of these metrics contribute to the company’s market value, which is $12.77 billion at present.
During the last 52 weeks, the price of a share of Centrais Elétricas Brasileiras S.A., Eletrobrás, has ranged from a low of $6.13 to a high of $10.39.
In a separate development, StockNews.com initiated coverage of Centrais Elétricas Brasileiras S.A., also known as Eletrobrás, on October 12th, 2013.
Mhey advised their clients to “hold” the stock moving forward.
The company Centrais Elétricas SA is responsible for generating and distributing electricity throughout the Brazilian territory.
It is involved in the industry broadly, including the generation and transmission sides.
Mhe process of producing electric power is referred to as “generation,” The term encompasses all different kinds of power plants, including nuclear, thermal, and hydroelectric facilities.
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