CPFL Energia S.A. (CPL) Holdings Boosted by Schwab Charles Investment Management Inc.

Schwab Charles Investment Management Inc. grew its position in shares of CPFL Energia S.A. (NYSE:CPL) by 7.3% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 213,140 shares of the utilities provider’s stock after buying an additional 14,580 shares during the quarter. Schwab Charles Investment Management Inc.’s holdings in CPFL Energia were worth $3,658,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently bought and sold shares of CPL. BNP Paribas Arbitrage SA lifted its position in shares of CPFL Energia by 410.0% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 13,352 shares of the utilities provider’s stock worth $213,000 after buying an additional 10,734 shares in the last quarter. Northern Trust Corp lifted its position in shares of CPFL Energia by 22.9% during the 2nd quarter. Northern Trust Corp now owns 150,844 shares of the utilities provider’s stock worth $2,405,000 after buying an additional 28,148 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of CPFL Energia by 14.1% during the 2nd quarter. Vanguard Group Inc. now owns 865,510 shares of the utilities provider’s stock worth $13,805,000 after buying an additional 106,648 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in shares of CPFL Energia by 147.2% during the 2nd quarter. Goldman Sachs Group Inc. now owns 1,936,014 shares of the utilities provider’s stock worth $30,879,000 after buying an additional 1,152,791 shares in the last quarter. Finally, State Street Corp lifted its position in shares of CPFL Energia by 25.6% during the 2nd quarter. State Street Corp now owns 377,294 shares of the utilities provider’s stock worth $6,016,000 after buying an additional 76,904 shares in the last quarter. 1.75% of the stock is currently owned by hedge funds and other institutional investors.

CPFL Energia S.A. (NYSE:CPL) opened at $12.43 on Friday. CPFL Energia S.A. has a 1 year low of $10.63 and a 1 year high of $17.69. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.84 and a current ratio of 0.84. The company has a market cap of $6,326.34, a P/E ratio of 23.45 and a beta of 1.32.

Separately, ValuEngine raised shares of CPFL Energia from a “hold” rating to a “buy” rating in a research report on Monday, December 11th.

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About CPFL Energia

CPFL Energia SA is a holding company. The Company, through its subsidiaries, distributes, generates, transmits and commercializes electricity in Brazil, as well as provides energy-related services. Its segments include Distribution, Conventional Generation Sources, Renewable Energy Generation, Commercialization and Services.

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

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