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Fiera Capital Corp Makes New $1.87 Million Investment in ReNew Energy Global PLC (NASDAQ:RNW)

ReNew Energy Global logo with Energy background

Fiera Capital Corp purchased a new stake in ReNew Energy Global PLC (NASDAQ:RNW - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 316,668 shares of the company's stock, valued at approximately $1,865,000. Fiera Capital Corp owned 0.09% of ReNew Energy Global at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of RNW. TT International Asset Management LTD lifted its position in ReNew Energy Global by 102.7% during the first quarter. TT International Asset Management LTD now owns 301,392 shares of the company's stock worth $1,775,000 after buying an additional 152,691 shares during the period. GAM Holding AG purchased a new stake in ReNew Energy Global during the first quarter valued at about $942,000. Robeco Institutional Asset Management B.V. grew its position in ReNew Energy Global by 158.4% during the first quarter. Robeco Institutional Asset Management B.V. now owns 100,404 shares of the company's stock valued at $591,000 after acquiring an additional 61,543 shares during the period. CIBRA Capital Ltd purchased a new stake in ReNew Energy Global during the first quarter valued at about $876,000. Finally, Alpine Global Management LLC purchased a new stake in ReNew Energy Global during the fourth quarter valued at about $990,000. 43.56% of the stock is owned by institutional investors and hedge funds.

ReNew Energy Global Price Performance

RNW stock remained flat at $7.60 during trading on Friday. The company's stock had a trading volume of 423,688 shares, compared to its average volume of 988,711. The firm's 50-day simple moving average is $7.14 and its 200 day simple moving average is $6.63. ReNew Energy Global PLC has a 1 year low of $5.15 and a 1 year high of $7.76. The company has a quick ratio of 0.58, a current ratio of 0.60 and a debt-to-equity ratio of 4.44. The firm has a market cap of $2.76 billion, a price-to-earnings ratio of 47.50 and a beta of 0.89.

ReNew Energy Global Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for ReNew Energy Global (NASDAQ:RNW)

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