Clal Insurance Enterprises Holdings Ltd Purchases 34,596 Shares of Ellomay Capital Ltd. (NYSEAMERICAN:ELLO)

Clal Insurance Enterprises Holdings Ltd boosted its holdings in shares of Ellomay Capital Ltd. (NYSEAMERICAN:ELLO) by 2.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,603,265 shares of the utilities provider’s stock after acquiring an additional 34,596 shares during the period. Clal Insurance Enterprises Holdings Ltd owned approximately 0.12% of Ellomay Capital worth $18,357,000 as of its most recent filing with the Securities and Exchange Commission.

Separately, Y.D. More Investments Ltd lifted its stake in Ellomay Capital by 1,688.1% in the second quarter. Y.D. More Investments Ltd now owns 20,849 shares of the utilities provider’s stock valued at $244,000 after buying an additional 19,683 shares in the last quarter. 27.54% of the stock is owned by institutional investors.

Ellomay Capital Stock Down 3.3 %

Shares of ELLO stock opened at $16.05 on Friday. Ellomay Capital Ltd. has a 12-month low of $11.08 and a 12-month high of $20.26. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 3.28.

Ellomay Capital (NYSEAMERICAN:ELLO) last released its earnings results on Monday, September 30th. The utilities provider reported $0.03 earnings per share (EPS) for the quarter. The firm had revenue of $12.07 million during the quarter. Ellomay Capital had a negative return on equity of 2.32% and a negative net margin of 11.10%.

About Ellomay Capital

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.