Cwm LLC Purchases 2,380 Shares of Brookfield Renewable Co. (NYSE:BEPC)

Cwm LLC boosted its holdings in shares of Brookfield Renewable Co. (NYSE:BEPC) by 273.2% during the 4th quarter, Holdings Channel.com reports. The fund owned 3,251 shares of the company’s stock after purchasing an additional 2,380 shares during the period. Cwm LLC’s holdings in Brookfield Renewable were worth $94,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Xponance Inc. increased its stake in shares of Brookfield Renewable by 22.1% during the 4th quarter. Xponance Inc. now owns 12,928 shares of the company’s stock worth $372,000 after purchasing an additional 2,343 shares during the last quarter. Macroview Investment Management LLC acquired a new position in Brookfield Renewable during the fourth quarter worth $29,000. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in Brookfield Renewable by 131.9% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 57,114 shares of the company’s stock valued at $1,652,000 after buying an additional 32,485 shares in the last quarter. Mackenzie Financial Corp lifted its position in shares of Brookfield Renewable by 2.2% in the fourth quarter. Mackenzie Financial Corp now owns 21,647 shares of the company’s stock worth $623,000 after buying an additional 469 shares during the last quarter. Finally, Vontobel Holding Ltd. bought a new stake in shares of Brookfield Renewable during the 4th quarter worth about $1,194,000. 75.12% of the stock is currently owned by institutional investors and hedge funds.

Brookfield Renewable Stock Performance

Shares of NYSE BEPC opened at $29.65 on Wednesday. The business’s 50-day simple moving average is $24.10 and its 200-day simple moving average is $25.84. Brookfield Renewable Co. has a 52 week low of $21.35 and a 52 week high of $36.16. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.40 and a current ratio of 0.40. The firm has a market cap of $5.33 billion, a price-to-earnings ratio of -92.66 and a beta of 1.09.

Brookfield Renewable Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, May 31st will be issued a dividend of $0.355 per share. The ex-dividend date is Friday, May 31st. This represents a $1.42 annualized dividend and a yield of 4.79%. Brookfield Renewable’s dividend payout ratio (DPR) is presently -443.75%.

About Brookfield Renewable

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.