1 week Ago By Defense World Staff
Bank of Montreal Can lessened its stake in ReNew Energy Global Plc ( NASDAQ:RNW – Free Report ) by 34.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,156 shares of the company’s stock after selling 7,498 shares during the period.
Bank of Montreal Can’s holdings in ReNew Energy Global were worth $97,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Other hedge funds also recently made changes to their positions in the company. Summit Securities Group LLC acquired a new stake in ReNew Energy Global during the 4th quarter worth $34,000.
Signaturefd LLC acquired a new stake in shares of ReNew Energy Global during the fourth quarter worth about $65,000. SG Americas Securities LLC purchased a new position in shares of ReNew Energy Global during the fourth quarter worth about $75,000. Ballentine Partners LLC purchased a new position in shares of ReNew Energy Global during the fourth quarter worth about $107,000.
Finally, Quadrant Capital Group LLC acquired a new position in ReNew Energy Global in the 4th quarter valued at about $133,000. Hedge funds and other institutional investors own 43.56% of the company’s stock.
Wall Street Analyst Weigh In Separately, Roth Mkm lowered their target price on ReNew Energy Global from $8.00 to $7.50 and set a “buy” rating on the stock in a research note on Friday, February 21st.
ReNew Energy Global Stock Performance Shares of RNW opened at $6.52 on Friday. The stock has a market capitalization of $2.
36 billion, a P/E ratio of 130.40 and a beta of 0.89.
The company has a debt-to-equity ratio of 4.74, a quick ratio of 0.64 and a current ratio of 0.
60. ReNew Energy Global Plc has a 1 year low of $5.15 and a 1 year high of $7.
49. The company’s fifty day moving average is $6.12 and its two-hundred day moving average is $6.
26. ReNew Energy Global ( NASDAQ:RNW – Get Free Report ) last issued its quarterly earnings results on Tuesday, February 18th. The company reported ($0.
11) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.07).
The firm had revenue of $248.00 million for the quarter, compared to analyst estimates of $20.22 billion.
ReNew Energy Global had a return on equity of 1.75% and a net margin of 2.17%.
On average, sell-side analysts predict that ReNew Energy Global Plc will post 0.15 earnings per share for the current year. ReNew Energy Global Profile ( Free Report ) ReNew Energy Global Plc generates power through non-conventional and renewable energy sources in India.
The company operates through two segments: Wind Power and Solar Power. It develops, builds, owns, and operates utility scale wind and solar energy, hydro energy, and utility-scale firm power projects, as well as distributed solar energy projects that generate energy for commercial and industrial customers. Featured Stories Five stocks we like better than ReNew Energy Global What Are Dividends? Buy the Best Dividend Stocks Markets Think Robinhood Earnings Could Send the Stock Up How to Use the MarketBeat Stock Screener Churchill Downs Stock: Could Tariff Fears Dampen Derby Gains? Dividend Payout Ratio Calculator AT&T: Subscriber Growth & Buybacks Signal Bullish Turnaround Want to see what other hedge funds are holding RNW? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for ReNew Energy Global Plc ( NASDAQ:RNW – Free Report ). Receive News & Ratings for ReNew Energy Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ReNew Energy Global and related companies with MarketBeat.com's FREE daily email newsletter .
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