Y.D. More Investments Ltd reduced its stake in Ellomay Capital Ltd. (NYSEAMERICAN:ELLO – Free Report) by 13.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 16,189 shares of the utilities provider’s stock after selling 2,555 shares during the period. Y.D. More Investments Ltd owned approximately 0.13% of Ellomay Capital worth $261,000 as of its most recent filing with the Securities and Exchange Commission.
Separately, Clal Insurance Enterprises Holdings Ltd boosted its holdings in shares of Ellomay Capital by 2.2% in the 3rd quarter. Clal Insurance Enterprises Holdings Ltd now owns 1,603,265 shares of the utilities provider’s stock valued at $18,357,000 after purchasing an additional 34,596 shares in the last quarter. 27.54% of the stock is owned by hedge funds and other institutional investors.
Ellomay Capital Stock Up 8.1 %
Shares of ELLO opened at $16.75 on Thursday. Ellomay Capital Ltd. has a 12-month low of $11.08 and a 12-month high of $20.81. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 3.24. The stock has a market capitalization of $215.24 million, a price-to-earnings ratio of -34.90 and a beta of 1.20.
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.
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