Daymark Wealth Partners LLC lessened its stake in ReNew Energy Global PLC (NASDAQ:RNW - Free Report) by 41.7% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 759,755 shares of the company's stock after selling 543,524 shares during the quarter. Daymark Wealth Partners LLC owned about 0.21% of ReNew Energy Global worth $4,475,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors also recently modified their holdings of the company. Franklin Resources Inc. increased its holdings in shares of ReNew Energy Global by 191.4% in the fourth quarter. Franklin Resources Inc. now owns 5,693,312 shares of the company's stock valued at $38,885,000 after purchasing an additional 3,739,645 shares in the last quarter. Walleye Capital LLC acquired a new stake in shares of ReNew Energy Global in the 4th quarter valued at $19,302,000. Norges Bank acquired a new stake in shares of ReNew Energy Global in the 4th quarter valued at $4,107,000. Millennium Management LLC raised its position in shares of ReNew Energy Global by 8.9% during the fourth quarter. Millennium Management LLC now owns 5,169,576 shares of the company's stock worth $35,308,000 after acquiring an additional 420,831 shares during the last quarter. Finally, Silphium Asset Management Ltd bought a new stake in shares of ReNew Energy Global during the fourth quarter worth $2,049,000. 43.56% of the stock is currently owned by institutional investors and hedge funds.
ReNew Energy Global Trading Up 2.1%
ReNew Energy Global stock traded up $0.14 during mid-day trading on Thursday, hitting $6.86. The stock had a trading volume of 1,209,444 shares, compared to its average volume of 971,150. The stock has a 50-day simple moving average of $6.66 and a two-hundred day simple moving average of $6.53. The company has a current ratio of 0.60, a quick ratio of 0.58 and a debt-to-equity ratio of 4.44. The stock has a market capitalization of $2.49 billion, a PE ratio of 42.88 and a beta of 0.89. ReNew Energy Global PLC has a 12 month low of $5.15 and a 12 month high of $7.49.
About ReNew Energy Global
(
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.
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