Brookfield Renewable Co. (NYSE:BEPC) Stake Decreased by National Bank of Canada FI

National Bank of Canada FI lowered its holdings in Brookfield Renewable Co. (NYSE:BEPC - Free Report) by 20.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 387,484 shares of the company's stock after selling 101,426 shares during the quarter. National Bank of Canada FI owned 0.22% of Brookfield Renewable worth $11,247,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Mackenzie Financial Corp increased its holdings in Brookfield Renewable by 2.2% in the fourth quarter. Mackenzie Financial Corp now owns 21,647 shares of the company's stock valued at $623,000 after buying an additional 469 shares in the last quarter. Jacobi Capital Management LLC increased its stake in shares of Brookfield Renewable by 3.5% in the 3rd quarter. Jacobi Capital Management LLC now owns 14,772 shares of the company's stock valued at $354,000 after purchasing an additional 496 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in Brookfield Renewable by 2.2% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 24,629 shares of the company's stock worth $592,000 after purchasing an additional 538 shares during the period. Prime Capital Investment Advisors LLC boosted its position in Brookfield Renewable by 3.6% during the third quarter. Prime Capital Investment Advisors LLC now owns 18,007 shares of the company's stock worth $431,000 after purchasing an additional 619 shares in the last quarter. Finally, Corrado Advisors LLC grew its holdings in Brookfield Renewable by 1.7% in the third quarter. Corrado Advisors LLC now owns 40,448 shares of the company's stock valued at $968,000 after purchasing an additional 678 shares during the period. Hedge funds and other institutional investors own 75.12% of the company's stock.

Brookfield Renewable Price Performance

Shares of BEPC stock traded up $0.76 during trading hours on Thursday, hitting $30.75. 1,036,294 shares of the company's stock were exchanged, compared to its average volume of 1,101,401. Brookfield Renewable Co. has a fifty-two week low of $21.35 and a fifty-two week high of $36.16. The firm has a market cap of $5.52 billion, a P/E ratio of -93.73 and a beta of 1.09. The company has a quick ratio of 0.40, a current ratio of 0.40 and a debt-to-equity ratio of 0.83. The firm has a 50 day moving average of $24.34 and a two-hundred day moving average of $25.92.

Brookfield Renewable Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, May 31st will be given a dividend of $0.355 per share. This represents a $1.42 dividend on an annualized basis and a yield of 4.62%. The ex-dividend date is Friday, May 31st. Brookfield Renewable's dividend payout ratio is presently -443.75%.

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.