Squarepoint Ops LLC lessened its holdings in shares of ReNew Energy Global Plc (NASDAQ:RNW - Free Report) by 58.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 32,883 shares of the company's stock after selling 46,969 shares during the quarter. Squarepoint Ops LLC's holdings in ReNew Energy Global were worth $225,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in RNW. Point72 Asset Management L.P. bought a new position in ReNew Energy Global during the fourth quarter valued at approximately $25,000. BNP Paribas Financial Markets purchased a new stake in shares of ReNew Energy Global during the 4th quarter worth approximately $25,000. Summit Securities Group LLC bought a new position in shares of ReNew Energy Global during the 4th quarter valued at approximately $34,000. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of ReNew Energy Global during the 4th quarter valued at approximately $52,000. Finally, Signaturefd LLC purchased a new position in shares of ReNew Energy Global in the fourth quarter valued at $65,000. Institutional investors own 43.56% of the company's stock.
Analyst Upgrades and Downgrades
Separately, Roth Mkm decreased their price target on shares of ReNew Energy Global from $8.00 to $7.50 and set a "buy" rating on the stock in a research note on Friday, February 21st.
Get Our Latest Stock Report on RNW
ReNew Energy Global Trading Up 0.7%
Shares of NASDAQ:RNW traded up $0.05 during trading on Monday, reaching $6.95. The company's stock had a trading volume of 525,143 shares, compared to its average volume of 974,783. The stock has a market capitalization of $2.52 billion, a PE ratio of 139.00 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. The company has a current ratio of 0.60, a quick ratio of 0.64 and a debt-to-equity ratio of 4.74. The firm's 50 day simple moving average is $6.43 and its two-hundred day simple moving average is $6.47.
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.
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