Cibc World Market Inc. Cuts Stock Holdings in Brookfield Renewable Partners L.P. $BEP

Market Beat
2026.02.11 10:25
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Cibc World Market Inc. reduced its stake in Brookfield Renewable Partners L.P. by 5.6% in Q3, now holding 2,862,172 shares valued at approximately $73.75 million. Other institutional investors also adjusted their positions. Analysts have set a price target range for the stock between $31.00 and $38.00, with a consensus rating of "Moderate Buy." Brookfield Renewable Partners recently reported earnings exceeding expectations and announced a dividend increase to $0.392 per share, reflecting a 5.1% yield.