Brookfield Renewable Co. (NYSE:BEPC) Stock Holdings Boosted by Creative Planning

Creative Planning increased its position in Brookfield Renewable Co. (NYSE:BEPC) by 24.0% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 12,971 shares of the company’s stock after acquiring an additional 2,513 shares during the period. Creative Planning’s holdings in Brookfield Renewable were worth $424,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of BEPC. Hexagon Capital Partners LLC increased its stake in Brookfield Renewable by 468.4% during the 3rd quarter. Hexagon Capital Partners LLC now owns 756 shares of the company’s stock valued at $25,000 after buying an additional 623 shares during the period. Beach Investment Counsel Inc. PA acquired a new position in shares of Brookfield Renewable in the second quarter worth about $46,000. Abich Financial Wealth Management LLC boosted its holdings in shares of Brookfield Renewable by 49.7% in the first quarter. Abich Financial Wealth Management LLC now owns 1,783 shares of the company’s stock worth $44,000 after buying an additional 592 shares during the period. UniSuper Management Pty Ltd boosted its holdings in shares of Brookfield Renewable by 111.1% during the first quarter. UniSuper Management Pty Ltd now owns 1,900 shares of the company’s stock worth $47,000 after purchasing an additional 1,000 shares during the period. Finally, MeadowBrook Investment Advisors LLC boosted its holdings in shares of Brookfield Renewable by 206.6% during the second quarter. MeadowBrook Investment Advisors LLC now owns 3,750 shares of the company’s stock worth $106,000 after purchasing an additional 2,527 shares during the period. Institutional investors and hedge funds own 75.12% of the company’s stock.

Brookfield Renewable Stock Performance

BEPC stock opened at $29.55 on Thursday. 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 has a market cap of $5.31 billion, a P/E ratio of -44.91 and a beta of 1.20. The firm has a 50 day simple moving average of $30.83 and a 200 day simple moving average of $29.67. Brookfield Renewable Co. has a 52 week low of $21.35 and a 52 week high of $35.14.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. decreased their price target on shares of Brookfield Renewable from $34.00 to $32.00 and set a “neutral” rating for the company in a report on Thursday, October 17th.

Brookfield Renewable 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.