Ballentine Partners LLC acquired a new position in ReNew Energy Global Plc (NASDAQ:RNW – Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 15,708 shares of the company’s stock, valued at approximately $107,000.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Van ECK Associates Corp raised its holdings in ReNew Energy Global by 58.1% in the 3rd quarter. Van ECK Associates Corp now owns 12,278 shares of the company’s stock worth $72,000 after purchasing an additional 4,513 shares during the period. Robeco Institutional Asset Management B.V. grew its holdings in shares of ReNew Energy Global by 23.1% in the third quarter. Robeco Institutional Asset Management B.V. now owns 12,672 shares of the company’s stock valued at $80,000 after purchasing an additional 2,379 shares in the last quarter. Mercer Global Advisors Inc. ADV increased its holdings in shares of ReNew Energy Global by 12.7% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 15,187 shares of the company’s stock worth $95,000 after buying an additional 1,709 shares during the last quarter. Quantbot Technologies LP lifted its stake in shares of 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 purchasing an additional 12,942 shares during the last quarter. Finally, Barclays PLC increased its position in ReNew Energy Global by 382.5% during the third quarter. Barclays PLC now owns 26,381 shares of the company’s stock valued at $166,000 after acquiring an additional 20,913 shares during the last quarter. Institutional investors own 43.56% of the company’s stock.
ReNew Energy Global Stock Down 0.1 %
Shares of NASDAQ:RNW opened at $6.72 on Monday. The business has a 50 day simple moving average of $6.56 and a two-hundred day simple moving average of $6.11. The firm has a market capitalization of $2.44 billion, a PE ratio of 112.02 and a beta of 0.90. The company has a debt-to-equity ratio of 4.51, a current ratio of 0.65 and a quick ratio of 0.64. ReNew Energy Global Plc has a 1 year low of $5.15 and a 1 year high of $7.49.
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.
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