Vanguard Personalized Indexing Management LLC Has $352,000 Stock Position in ReNew Energy Global PLC $RNW

Vanguard Personalized Indexing Management LLC increased its position in shares of ReNew Energy Global PLC (NASDAQ:RNW) by 103.6% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 50,933 shares of the company’s stock after acquiring an additional 25,913 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in ReNew Energy Global were worth $352,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bank of America Corp DE raised its position in ReNew Energy Global by 722.2% during the fourth quarter. Bank of America Corp DE now owns 15,621 shares of the company’s stock valued at $107,000 after buying an additional 13,721 shares during the period. Robeco Institutional Asset Management B.V. increased its holdings in shares of ReNew Energy Global by 158.4% in the 1st quarter. Robeco Institutional Asset Management B.V. now owns 100,404 shares of the company’s stock valued at $591,000 after purchasing an additional 61,543 shares during the period. CIBRA Capital Ltd acquired a new position in shares of ReNew Energy Global in the 1st quarter valued at about $876,000. Ballentine Partners LLC lifted its position in shares of ReNew Energy Global by 74.6% in the first quarter. Ballentine Partners LLC now owns 27,429 shares of the company’s stock worth $162,000 after purchasing an additional 11,721 shares in the last quarter. Finally, MQS Management LLC acquired a new stake in shares of ReNew Energy Global during the first quarter worth approximately $83,000. 43.56% of the stock is currently owned by hedge funds and other institutional investors.

ReNew Energy Global Stock Down 0.3%

ReNew Energy Global stock opened at $7.57 on Friday. ReNew Energy Global PLC has a twelve month low of $5.15 and a twelve month high of $8.24. The company has a debt-to-equity ratio of 4.42, a quick ratio of 0.73 and a current ratio of 0.77. The firm has a market cap of $2.75 billion, a PE ratio of 23.66 and a beta of 0.89. The firm’s 50 day moving average price is $7.75 and its two-hundred day moving average price is $7.19.

ReNew Energy Global (NASDAQ:RNW) last issued its earnings results on Wednesday, August 13th. The company reported $0.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.11 by $0.05. ReNew Energy Global had a net margin of 5.77% and a return on equity of 8.34%. The company had revenue of $480.35 million during the quarter, compared to analyst estimates of $32.46 billion. On average, research analysts predict that ReNew Energy Global PLC will post 0.15 EPS for the current fiscal year.

About ReNew Energy Global

ReNew Energy Global Plc generates power through non-conventional and renewable energy sources in India. The company operates through two segments: Wind Power and Solar Power. It develops, builds, owns, and operates utility scale wind and solar energy, hydro energy, and utility-scale firm power projects, as well as distributed solar energy projects that generate energy for commercial and industrial customers.