Brookfield Renewable Co. (NYSE:BEPC) is Asset Management Advisors LLC's 7th Largest Position

Asset Management Advisors LLC raised its stake in Brookfield Renewable Co. (NYSE:BEPC - Free Report) by 133.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 195,140 shares of the company's stock after buying an additional 111,390 shares during the period. Brookfield Renewable comprises about 4.4% of Asset Management Advisors LLC's investment portfolio, making the stock its 7th biggest position. Asset Management Advisors LLC owned 0.11% of Brookfield Renewable worth $6,373,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Hexagon Capital Partners LLC grew its holdings in shares of Brookfield Renewable by 468.4% during the 3rd quarter. Hexagon Capital Partners LLC now owns 756 shares of the company's stock valued at $25,000 after purchasing an additional 623 shares during the last quarter. Abich Financial Wealth Management LLC grew its holdings in shares of Brookfield Renewable by 49.7% during the 1st quarter. Abich Financial Wealth Management LLC now owns 1,783 shares of the company's stock valued at $44,000 after purchasing an additional 592 shares during the last quarter. Beach Investment Counsel Inc. PA bought a new position in shares of Brookfield Renewable during the 2nd quarter valued at $46,000. UniSuper Management Pty Ltd grew its holdings in shares of Brookfield Renewable by 111.1% during the 1st quarter. UniSuper Management Pty Ltd now owns 1,900 shares of the company's stock valued at $47,000 after purchasing an additional 1,000 shares during the last quarter. Finally, Signaturefd LLC grew its holdings in shares of Brookfield Renewable by 250.7% during the 3rd quarter. Signaturefd LLC now owns 2,192 shares of the company's stock valued at $72,000 after purchasing an additional 1,567 shares during the last quarter. Institutional investors own 75.12% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. reduced their target price on shares of Brookfield Renewable from $34.00 to $32.00 and set a "neutral" rating on the stock in a report on Thursday, October 17th.

Brookfield Renewable Trading Up 1.0 %

BEPC traded up $0.32 during trading on Friday, hitting $31.32. 694,075 shares of the stock traded hands, compared to its average volume of 1,146,347. The firm has a market capitalization of $5.63 billion, a P/E ratio of -38.20 and a beta of 1.20. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.40 and a quick ratio of 0.40. The firm has a 50-day moving average of $30.95 and a 200 day moving average of $29.82. Brookfield Renewable Co. has a 12-month low of $21.35 and a 12-month high of $35.14.

About Brookfield Renewable

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.