Brookfield Renewable Co. (NYSE:BEPC) Shares Sold by National Bank of Canada FI

National Bank of Canada FI lessened its stake in Brookfield Renewable Co. (NYSE:BEPC) by 20.7% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 387,484 shares of the company’s stock after selling 101,426 shares during the quarter. National Bank of Canada FI owned 0.22% of Brookfield Renewable worth $11,247,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in BEPC. Mackenzie Financial Corp boosted its holdings in shares of Brookfield Renewable by 2.2% in the 4th quarter. Mackenzie Financial Corp now owns 21,647 shares of the company’s stock valued at $623,000 after purchasing an additional 469 shares during the last quarter. Jacobi Capital Management LLC boosted its holdings in Brookfield Renewable by 3.5% in the third quarter. Jacobi Capital Management LLC now owns 14,772 shares of the company’s stock valued at $354,000 after acquiring an additional 496 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its position in Brookfield Renewable by 2.2% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 24,629 shares of the company’s stock valued at $592,000 after acquiring an additional 538 shares during the period. Prime Capital Investment Advisors LLC raised its holdings in shares of Brookfield Renewable by 3.6% in the 3rd quarter. Prime Capital Investment Advisors LLC now owns 18,007 shares of the company’s stock worth $431,000 after purchasing an additional 619 shares during the period. Finally, Corrado Advisors LLC lifted its stake in shares of Brookfield Renewable by 1.7% in the 3rd quarter. Corrado Advisors LLC now owns 40,448 shares of the company’s stock valued at $968,000 after purchasing an additional 678 shares in the last quarter. Institutional investors and hedge funds own 75.12% of the company’s stock.

Brookfield Renewable Trading Up 1.2 %

Shares of BEPC opened at $30.00 on Thursday. Brookfield Renewable Co. has a one year low of $21.35 and a one year 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 company has a market capitalization of $5.39 billion, a P/E ratio of -93.73 and a beta of 1.09. The stock has a 50-day moving average price of $24.34 and a 200 day moving average price of $25.92.

Brookfield Renewable Dividend Announcement

The business also recently disclosed 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. This represents a $1.42 annualized dividend and a yield of 4.73%. The ex-dividend date of this dividend is Friday, May 31st. Brookfield Renewable’s dividend payout ratio is currently -443.75%.

Brookfield Renewable Company Profile

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.