Brookfield Renewable Co. (NYSE:BEPC) Shares Bought by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. boosted its holdings in Brookfield Renewable Co. (NYSE:BEPC - Free Report) by 4.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,460,444 shares of the company's stock after purchasing an additional 57,694 shares during the quarter. TD Waterhouse Canada Inc. owned about 1.01% of Brookfield Renewable worth $40,280,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Treasurer of the State of North Carolina increased its stake in Brookfield Renewable by 0.6% in the 4th quarter. Treasurer of the State of North Carolina now owns 59,410 shares of the company's stock valued at $1,643,000 after purchasing an additional 370 shares in the last quarter. Vontobel Holding Ltd. increased its position in shares of Brookfield Renewable by 2.1% in the fourth quarter. Vontobel Holding Ltd. now owns 26,020 shares of the company's stock valued at $719,000 after buying an additional 542 shares in the last quarter. Bank of Nova Scotia raised its stake in shares of Brookfield Renewable by 0.3% during the 4th quarter. Bank of Nova Scotia now owns 195,067 shares of the company's stock worth $5,397,000 after buying an additional 563 shares during the last quarter. Modern Wealth Management LLC raised its stake in shares of Brookfield Renewable by 4.7% during the 4th quarter. Modern Wealth Management LLC now owns 13,767 shares of the company's stock worth $373,000 after buying an additional 623 shares during the last quarter. Finally, SeaCrest Wealth Management LLC grew its stake in Brookfield Renewable by 7.0% in the 4th quarter. SeaCrest Wealth Management LLC now owns 10,013 shares of the company's stock valued at $277,000 after acquiring an additional 653 shares during the last quarter. Institutional investors and hedge funds own 75.12% of the company's stock.

Brookfield Renewable Trading Up 0.9 %

BEPC traded up $0.25 during trading on Friday, hitting $28.06. The company's stock had a trading volume of 514,513 shares, compared to its average volume of 972,402. Brookfield Renewable Co. has a twelve month low of $22.85 and a twelve month high of $35.14. The firm's 50 day moving average price is $27.68 and its 200-day moving average price is $28.68. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.27 and a quick ratio of 0.51. The stock has a market cap of $4.07 billion, a PE ratio of -31.53 and a beta of 1.16.

Brookfield Renewable (NYSE:BEPC - Get Free Report) last issued its quarterly earnings results on Friday, January 31st. The company reported ($0.06) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.33) by $0.27. Brookfield Renewable had a negative return on equity of 0.06% and a negative net margin of 0.15%.

Brookfield Renewable Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, February 28th were issued a $0.373 dividend. This represents a $1.49 dividend on an annualized basis and a dividend yield of 5.32%. The ex-dividend date of this dividend was Friday, February 28th. This is a positive change from Brookfield Renewable's previous quarterly dividend of $0.36. Brookfield Renewable's dividend payout ratio (DPR) is -167.42%.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on BEPC shares. Barclays began coverage on shares of Brookfield Renewable in a research report on Wednesday, April 2nd. They set an "equal weight" rating and a $31.00 target price for the company. Wells Fargo & Company reduced their target price on Brookfield Renewable from $35.00 to $33.00 and set an "overweight" rating on the stock in a research note on Monday, February 3rd. Finally, JPMorgan Chase & Co. cut their price target on Brookfield Renewable from $34.00 to $32.00 and set an "overweight" rating for the company in a report on Thursday, January 23rd.

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.