Delek Group Ltd. Boosts Stock Holdings in Ellomay Capital Ltd. (NYSEAMERICAN:ELLO)

Delek Group Ltd. grew its position in shares of Ellomay Capital Ltd. (NYSEAMERICAN:ELLO) by 238.6% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 776,271 shares of the utilities provider’s stock after purchasing an additional 546,990 shares during the period. Delek Group Ltd. owned approximately 7.27% of Ellomay Capital worth $6,141,000 at the end of the most recent quarter.

Separately, TheStreet raised shares of Ellomay Capital from a “d+” rating to a “c” rating in a research note on Thursday, June 6th.

ELLO traded down $0.06 during midday trading on Friday, reaching $11.19. The company’s stock had a trading volume of 1,300 shares, compared to its average volume of 7,696. Ellomay Capital Ltd. has a 1 year low of $7.40 and a 1 year high of $12.37.

Ellomay Capital Profile

Ellomay Capital Ltd., together with its subsidiaries, produces and sells renewable and clean energy in Israel, Italy, Spain, and the Netherlands. The company owns 17 photovoltaic (PV) plants comprising 12 PV plants in Italy with an aggregate installed capacity of approximately 22.6 MWp; 4 PV plants in Spain with an aggregate installed capacity of approximately 7.9 MWp; and 1 PV plant in Israel with an installed capacity of approximately 9 MWp.

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