SG Americas Securities LLC Acquires Shares of 11,053 ReNew Energy Global Plc (NASDAQ:RNW)

SG Americas Securities LLC acquired a new stake in ReNew Energy Global Plc (NASDAQ:RNW) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 11,053 shares of the company’s stock, valued at approximately $75,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Van ECK Associates Corp raised its holdings in shares of ReNew Energy Global by 58.1% during the third quarter. Van ECK Associates Corp now owns 12,278 shares of the company’s stock worth $72,000 after acquiring an additional 4,513 shares during the period. Robeco Institutional Asset Management B.V. increased its stake in ReNew Energy Global by 23.1% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 12,672 shares of the company’s stock valued at $80,000 after buying an additional 2,379 shares during the last quarter. Ballentine Partners LLC acquired a new stake in ReNew Energy Global in the 4th quarter valued at $107,000. Quantbot Technologies LP increased its stake in ReNew Energy Global by 454.7% in the 3rd quarter. Quantbot Technologies LP now owns 15,788 shares of the company’s stock valued at $99,000 after buying an additional 12,942 shares during the last quarter. Finally, Barclays PLC increased its stake in ReNew Energy Global by 382.5% in the 3rd quarter. Barclays PLC now owns 26,381 shares of the company’s stock valued at $166,000 after buying an additional 20,913 shares during the last quarter. 43.56% of the stock is owned by institutional investors.

ReNew Energy Global Stock Down 1.8 %

Shares of RNW stock opened at $6.66 on Friday. The company has a current ratio of 0.65, a quick ratio of 0.64 and a debt-to-equity ratio of 4.51. ReNew Energy Global Plc has a 1 year low of $5.15 and a 1 year high of $7.49. The firm’s fifty day moving average price is $6.75 and its two-hundred day moving average price is $6.18. The firm has a market capitalization of $2.42 billion, a P/E ratio of 111.02 and a beta of 0.89.

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.