2 weeks Ago By ABMN Staff
Commonwealth Equity Services LLC boosted its stake in shares of Brookfield Renewable Co. ( NYSE:BEPC – Free Report ) by 13.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission.
The firm owned 33,758 shares of the company’s stock after purchasing an additional 4,031 shares during the period. Commonwealth Equity Services LLC’s holdings in Brookfield Renewable were worth $958,000 at the end of the most recent reporting period. Other institutional investors and hedge funds also recently added to or reduced their stakes in the company.
Parnassus Investments LLC lifted its holdings in Brookfield Renewable by 182.9% during the fourth quarter. Parnassus Investments LLC now owns 6,491,404 shares of the company’s stock valued at $186,888,000 after purchasing an additional 4,196,415 shares in the last quarter.
Vanguard Group Inc. grew its position in shares of Brookfield Renewable by 0.9% during the first quarter.
Vanguard Group Inc. now owns 5,244,258 shares of the company’s stock worth $128,851,000 after purchasing an additional 47,139 shares in the last quarter. Principal Financial Group Inc.
raised its stake in Brookfield Renewable by 1.7% during the 2nd quarter. Principal Financial Group Inc.
now owns 4,757,977 shares of the company’s stock valued at $135,031,000 after purchasing an additional 80,350 shares during the period. Epoch Investment Partners Inc. boosted its position in shares of Brookfield Renewable by 50.
6% during the fourth quarter. Epoch Investment Partners Inc. now owns 2,083,864 shares of the company’s stock worth $59,994,000 after acquiring an additional 699,739 shares during the last quarter.
Finally, CIBC Asset Management Inc lifted its stake in Brookfield Renewable by 24.8% in the 4th quarter. CIBC Asset Management Inc now owns 1,649,627 shares of the company’s stock worth $47,639,000 after purchasing an additional 327,785 shares in the last quarter.
Hedge funds and other institutional investors own 75.12% of the company’s stock. Brookfield Renewable Trading Down 0.
6 % BEPC opened at $30.19 on Wednesday. The company has a debt-to-equity ratio of 0.
87, a quick ratio of 0.40 and a current ratio of 0.40.
The stock’s 50 day moving average price is $28.57 and its 200-day moving average price is $27.69.
Brookfield Renewable Co. has a one year low of $21.35 and a one year high of $32.
83. The stock has a market cap of $5.42 billion, a price-to-earnings ratio of -65.
63 and a beta of 1.18. Brookfield Renewable Announces Dividend The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 27th.
Stockholders of record on Friday, August 30th will be paid a dividend of $0.355 per share. The ex-dividend date is Friday, August 30th.
This represents a $1.42 dividend on an annualized basis and a dividend yield of 4.70%.
Brookfield Renewable’s dividend payout ratio is presently -308.70%. Analyst Ratings Changes Separately, JPMorgan Chase & Co.
raised their price target on Brookfield Renewable from $30.00 to $33.00 and gave the company a “neutral” rating in a report on Tuesday, July 16th.
Get Our Latest Stock Analysis on BEPC Brookfield Renewable Profile ( Free Report ) Brookfield Renewable Corporation owns and operates a portfolio of renewable power and sustainable solution assets primarily in the United States, Europe, Colombia, and Brazil. It operates hydroelectric, wind, solar, and distributed energy and sustainable solutions with an installed capacity of approximately 19,161 megawatts. See Also Want to see what other hedge funds are holding BEPC? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Brookfield Renewable Co. ( NYSE:BEPC – Free Report ). Receive News & Ratings for Brookfield Renewable Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brookfield Renewable and related companies with MarketBeat.
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