CEMIG Preferred Shares
About: Cia Energetica DE Minas Gerais - Cemig Formerly Energy Company of Minas Gerais is a Brazilian power company that generates, transmits, and distributes electricity. As one of the largest power companies in Brazil, the firm operates across most Brazilian states and Chile. The company has various subsidiaries and operates chiefly through its generation, transmission, distribution, and gas segments. The majority of the company's revenue is derived from electricity sales to consumers. The company generates power primarily through hydroelectric resources and secondarily through thermal and wind resources.
Employees: 4,917
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
69% more call options, than puts
Call options by funds: $22K | Put options by funds: $13K
0% more funds holding in top 10
Funds holding in top 10: 2 [Q3] → 2 (+0) [Q4]
0.14% less ownership
Funds ownership: 8.45% [Q3] → 8.3% (-0.14%) [Q4]
8% less funds holding
Funds holding: 180 [Q3] → 166 (-14) [Q4]
14% less capital invested
Capital invested by funds: $329M [Q3] → $281M (-$47.6M) [Q4]
25% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 64
46% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 28
Research analyst outlook
We haven’t received any recent analyst ratings for CIG.
Financial journalist opinion
