12 August, 2017
Karpas Strategies LLC boosted its stake in Brookfield Renewable Partners by 0.8% in the first quarter. Greystone Investment Management LLC now owns 228,158 shares of the financial services provider's stock worth $5,080,000 after buying an additional 1,610 shares in the last quarter.
Brookfield Renewable Partners (NYSE BEP) traded down 0.48% on Wednesday, hitting $33.37. Royal Bank Of Canada reaffirmed a "buy" rating and set a $26.00 price objective on shares of Brookfield Property Partners L.P.in a research note on Friday, July 7th. Montrusco Bolton Investments has an ownership of 1,812,319 stocks of the utilities provider's shares valued at $69,903,000 after scooping up an extra 574,812 shares through out the previous quarter, Lastly, Arthur M. Cohen & Associates raised its stake in stocks of Brookfield Infrastructure Partners by 4,017.0% in the Fiscal Q2. Catawba Capital Management VA bought a new stake in Brookfield Renewable Partners during the first quarter valued at $402,000. State of New Jersey Common Pension Fund D increased its stake in shares of Brookfield Property Partners L.P.by 9.1% in the first quarter. Accern also gave headlines about the financial services provider an impact score of 46.5438073214781 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near term. Fiera Capital stated it has 0.35% in Brookfield Property Partners LP (NYSE:BPY). 56,122 shares of the stock traded hands. The stock has a market cap of $6.06 billion, a price-to-earnings ratio of 10.69 and a beta of 0.90.
It is trading at $33.37 which is slightly above $33.09, the 50 day moving average and which is quite a bit above the 200 day moving average of $31.07.
Brookfield Renewable Partners (NYSE:BEP) (TSE:BEP) last issued its quarterly earnings data on Friday, August 4th. The utilities provider reported ($0.06) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.80 by $0.86. Brookfield Renewable Partners had a return on equity of 0.76% and a net margin of 2.82%. The business had revenue of $683 million for the quarter, compared to the consensus estimate of $721.75 million.
The business also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Thursday, August 31st will be paid a $0.4675 dividend. This represents a $1.87 dividend on an annualized basis and a dividend yield of 5.60%. The ex-dividend date was set for Monday the 29th of May 2017.
ILLEGAL ACTIVITY WARNING: This news story was originally posted by Stock Observer and is owned by of Stock Observer. If you are accessing this piece of content on another publication, it was illegally stolen and republished in violation of USA & worldwide copyright & trademark law. The legal version of this article can be viewed at https://www.baseball-news-blog.com/2017/08/12/ronna-sue-cohen-has-676000-position-in-brookfield-renewable-partners-l-p-nysebep-updated-updated-updated.html. Johnson & Johnson had 59 analyst reports since August 7, 2015 according to SRatingsIntel. Scotiabank restated an "outperform" rating and set a $34.00 price objective on shares of Brookfield Property Partners L.P.in a research report on Friday, April 21st. Below is a list of Brookfield Property Partners LP (NYSE:BPY) latest ratings and price target changes.
Shares of Brookfield Renewable Partners LP (NYSE:BEP) (TSE:BEP) have received an average recommendation of "Hold" from the fourteen ratings firms that are covering the firm, Marketbeat reports. Raymond James Financial, raised the price objective on stocks of Brookfield Infrastructure Partners from $43.00 to $65.00 and issued the company an "outperform" recommendation in a analysis report on Mon, Jun 5th. Two brokerage firms recommended the company shares with a hold recommendation and nine has issued a buy recommendation to the share. the share presently has a consensus recommendation of "Buy" and a consensus price objective of $45.72.
Brookfield Asset Management Inc. holds 6.72% of its portfolio in Brookfield Property Partners LP for 50.33 million shares. The Company operates as a pure-play renewable power platform. The Company's segments include utilities, transport, energy, communications infrastructure and other.