Nia Impact Advisors LLC Buys 11,766 Shares of Brookfield Renewable Co. (NYSE:BEPC)

Nia Impact Advisors LLC increased its position in shares of Brookfield Renewable Co. (NYSE:BEPC - Free Report) by 10.4% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 124,701 shares of the company's stock after purchasing an additional 11,766 shares during the quarter. Brookfield Renewable makes up approximately 1.1% of Nia Impact Advisors LLC's investment portfolio, making the stock its 29th largest position. Nia Impact Advisors LLC owned about 0.09% of Brookfield Renewable worth $3,449,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Curio Wealth LLC acquired a new stake in Brookfield Renewable during the 4th quarter worth $26,000. Atala Financial Inc purchased a new stake in shares of Brookfield Renewable in the fourth quarter valued at about $27,000. Dunhill Financial LLC purchased a new stake in shares of Brookfield Renewable in the fourth quarter valued at about $41,000. Measured Risk Portfolios Inc. purchased a new position in shares of Brookfield Renewable during the fourth quarter valued at approximately $52,000. Finally, Quadrant Capital Group LLC lifted its stake in shares of Brookfield Renewable by 152.9% during the fourth quarter. Quadrant Capital Group LLC now owns 2,013 shares of the company's stock valued at $56,000 after buying an additional 1,217 shares during the period. 75.12% of the stock is currently owned by institutional investors and hedge funds.

Brookfield Renewable Price Performance

BEPC traded down $0.04 during midday trading on Monday, hitting $29.96. The company had a trading volume of 236,128 shares, compared to its average volume of 939,921. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.51 and a current ratio of 0.27. The company has a market capitalization of $4.34 billion, a PE ratio of -33.63 and a beta of 1.15. Brookfield Renewable Co. has a twelve month low of $23.73 and a twelve month high of $35.14. The firm's 50-day simple moving average is $27.89 and its 200-day simple moving average is $28.27.

Brookfield Renewable Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, May 30th will be paid a dividend of $0.373 per share. This represents a $1.49 annualized dividend and a yield of 4.98%. The ex-dividend date is Friday, May 30th. Brookfield Renewable's payout ratio is -0.15%.

Analyst Upgrades and Downgrades

BEPC has been the subject of several analyst reports. JPMorgan Chase & Co. decreased their target price on shares of Brookfield Renewable from $34.00 to $32.00 and set an "overweight" rating for the company in a research note on Thursday, January 23rd. Wells Fargo & Company dropped their target price on shares of Brookfield Renewable from $33.00 to $32.00 and set an "overweight" rating on the stock in a research report on Monday, May 5th. Finally, Barclays initiated coverage on shares of Brookfield Renewable in a research note on Wednesday, April 2nd. They issued an "equal weight" rating and a $31.00 price objective on the stock.

Brookfield Renewable Company 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.