Clal Insurance Enterprises Holdings Ltd Sells 23,106 Shares of Ellomay Capital Ltd. (NYSEAMERICAN:ELLO)

Clal Insurance Enterprises Holdings Ltd lowered its position in Ellomay Capital Ltd. (NYSEAMERICAN:ELLO) by 1.5% during the 1st quarter, HoldingsChannel reports. The firm owned 1,524,044 shares of the utilities provider’s stock after selling 23,106 shares during the period. Clal Insurance Enterprises Holdings Ltd owned about 0.12% of Ellomay Capital worth $22,572,000 at the end of the most recent reporting period.

Separately, JPMorgan Chase & Co. grew its position in Ellomay Capital by 161.6% in the fourth quarter. JPMorgan Chase & Co. now owns 3,728 shares of the utilities provider’s stock worth $61,000 after acquiring an additional 2,303 shares in the last quarter. Institutional investors and hedge funds own 27.54% of the company’s stock.

Ellomay Capital Trading Down 1.5%

Shares of NYSEAMERICAN:ELLO opened at $17.79 on Tuesday. Ellomay Capital Ltd. has a 52-week low of $11.30 and a 52-week high of $20.81. The stock has a fifty day moving average of $16.65. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 3.74.

Ellomay Capital (NYSEAMERICAN:ELLO) last announced its earnings results on Monday, June 30th. The utilities provider reported $0.62 earnings per share (EPS) for the quarter. Ellomay Capital had a net margin of 14.39% and a return on equity of 4.20%.

Ellomay Capital Profile

Ellomay Capital Ltd., together with its subsidiaries, engages in the initiation, development, construction, and production of renewable and clean energy projects in Spain, the United States, Italy, the Netherlands, and Israel. The company owns photovoltaic (PV) plants comprising five PV plants in Spain with an aggregate installed capacity of approximately 35.9 megawatts (MW); and one PV plant with an installed capacity of 300 MW in the municipality of Talaván, Spain.