125,816 Shares in Clearway Energy, Inc. (NYSE:CWEN) Bought by Susquehanna Fundamental Investments LLC

Susquehanna Fundamental Investments LLC bought a new position in shares of Clearway Energy, Inc. (NYSE:CWEN - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 125,816 shares of the company's stock, valued at approximately $3,271,000. Susquehanna Fundamental Investments LLC owned about 0.06% of Clearway Energy as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the company. Mascoma Wealth Management LLC bought a new stake in shares of Clearway Energy during the 4th quarter valued at $28,000. New Age Alpha Advisors LLC acquired a new stake in shares of Clearway Energy during the fourth quarter worth $31,000. SBI Securities Co. Ltd. bought a new stake in Clearway Energy in the fourth quarter valued at about $51,000. Wilmington Savings Fund Society FSB acquired a new position in Clearway Energy in the third quarter valued at about $71,000. Finally, Aster Capital Management DIFC Ltd boosted its holdings in Clearway Energy by 233.9% during the fourth quarter. Aster Capital Management DIFC Ltd now owns 6,885 shares of the company's stock worth $179,000 after buying an additional 4,823 shares during the last quarter. Institutional investors and hedge funds own 84.53% of the company's stock.

Clearway Energy Stock Down 0.9 %

NYSE CWEN traded down $0.26 during trading on Monday, hitting $28.52. The stock had a trading volume of 117,613 shares, compared to its average volume of 964,385. Clearway Energy, Inc. has a 12 month low of $24.02 and a 12 month high of $31.09. The company has a debt-to-equity ratio of 1.20, a quick ratio of 1.49 and a current ratio of 1.59. The company's 50-day moving average price is $28.80 and its two-hundred day moving average price is $27.53. The company has a market capitalization of $5.77 billion, a PE ratio of 27.42, a P/E/G ratio of 1.75 and a beta of 0.89.

Clearway Energy (NYSE:CWEN - Get Free Report) last announced its earnings results on Wednesday, April 30th. The company reported $0.03 EPS for the quarter, topping the consensus estimate of ($0.25) by $0.28. Clearway Energy had a net margin of 8.94% and a return on equity of 2.28%. The business had revenue of $298.00 million during the quarter, compared to analysts' expectations of $305.74 million. During the same quarter in the prior year, the company posted ($0.02) earnings per share. The firm's revenue was up 13.3% on a year-over-year basis. As a group, sell-side analysts forecast that Clearway Energy, Inc. will post 0.83 EPS for the current year.

Clearway Energy Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 16th. Investors of record on Monday, June 2nd will be given a $0.4384 dividend. The ex-dividend date is Monday, June 2nd. This represents a $1.75 dividend on an annualized basis and a dividend yield of 6.15%. This is an increase from Clearway Energy's previous quarterly dividend of $0.43. Clearway Energy's payout ratio is currently 218.75%.

Analyst Ratings Changes

CWEN has been the topic of a number of analyst reports. Roth Mkm reiterated a "buy" rating and issued a $34.00 price target (up from $33.00) on shares of Clearway Energy in a research report on Tuesday, February 25th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Clearway Energy in a report on Tuesday, March 25th. They issued a "buy" rating and a $38.00 target price on the stock. Finally, StockNews.com raised shares of Clearway Energy from a "sell" rating to a "hold" rating in a report on Wednesday, March 5th. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the company's stock. According to MarketBeat, Clearway Energy currently has a consensus rating of "Moderate Buy" and an average target price of $34.71.

About Clearway Energy

Clearway Energy, Inc operates in the renewable energy business in the United States. The company operates through Conventional and Renewables segments. It has approximately 6,000 net MW of installed wind, solar, and energy generation projects; and approximately 2,500 net MW of natural gas-fired generation facilities.