<div id="readability-page-1"><p>Squarepoint Ops LLC cut its holdings in shares of  Brookfield Renewable Corporation (NYSE:BEPC - Free Report) by 43.5% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 35,117 shares of the company's stock after selling 27,024 shares during the period. Squarepoint Ops LLC's holdings in Brookfield Renewable were worth $1,151,000 at the end of the most recent quarter.</p><div><p><span></span><span>Get <strong>Brookfield Renewable</strong> alerts:</span></p></div><p>Several other institutional investors have also recently bought and sold shares of the business. Parr Mcknight Wealth Management Group LLC grew its holdings in shares of  Brookfield Renewable by 0.8% during the second quarter. Parr Mcknight Wealth Management Group LLC now owns 47,938 shares of the company's stock worth $1,571,000 after purchasing an additional 384 shares during the last quarter.  Tower Research Capital LLC TRC lifted its position in  Brookfield Renewable by 448.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 6,566 shares of the company's stock worth $215,000 after buying an additional 5,368 shares in the last quarter.  Tidal Investments LLC bought a new stake in  Brookfield Renewable during the 2nd quarter worth about $218,000.  Snowden Capital Advisors LLC bought a new stake in  Brookfield Renewable during the 2nd quarter worth about $201,000.  Finally, Royal London Asset Management Ltd. acquired a new stake in  Brookfield Renewable in the 2nd quarter valued at about $575,000. Institutional investors own  75.12% of the company's stock. </p><h2>Wall Street Analyst Weigh In</h2><p>A number of equities analysts have recently issued reports on the stock. Barclays upped their target price on shares of Brookfield Renewable from $31.00 to $35.00 and gave the stock an &#34;equal weight&#34; rating in a research report on Wednesday, October 22nd. Weiss Ratings  reiterated a &#34;sell (e+)&#34; rating on shares of Brookfield Renewable in a research report on Monday, December 15th. Morgan Stanley lifted their target price on Brookfield Renewable from $40.00 to $48.00 and gave the company an &#34;overweight&#34; rating in a research note on Monday, November 24th. Wall Street Zen lowered Brookfield Renewable from a &#34;hold&#34; rating to a &#34;strong sell&#34; rating in a research note on Saturday, November 8th. Finally, JPMorgan Chase &amp; Co. lifted their price objective on Brookfield Renewable from $41.00 to $44.00 and gave the stock an &#34;overweight&#34; rating in a research report on Thursday, October 16th. Three analysts have rated the stock with a Buy rating, one  has assigned  a Hold rating and one  has given a Sell rating to the company. According to data from MarketBeat.com, Brookfield Renewable presently has a consensus rating of &#34;Hold&#34; and an average target price of $39.75.</p><p><b>Check Out Our Latest Stock Analysis on Brookfield Renewable</b></p><h2>Brookfield Renewable Trading Up 1.5%</h2><p>NYSE:BEPC opened at $38.17 on Friday. The company has a current ratio of 0.39, a quick ratio of 0.39 and a debt-to-equity ratio of 1.21. Brookfield Renewable Corporation has a 1-year low of $23.73 and a 1-year high of $45.10. The firm has a market capitalization of $5.53 billion, a price-to-earnings ratio of -42.89 and a beta of 1.23. The business's 50-day moving average price is $40.94 and its two-hundred day moving average price is $36.43. </p><h2>Brookfield Renewable Announces Dividend</h2><p>The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Friday, November 28th will be issued a dividend of $0.373 per share. The ex-dividend date is Friday, November 28th. This represents a $1.49 dividend on an annualized basis and a yield of 3.9%. Brookfield Renewable's payout ratio is currently -167.42%. </p><h2>Brookfield Renewable Company Profile</h2> (Free Report)<p>Brookfield Renewable Corporation <span>NYSE: BEPC<span></span></span> is a leading global owner, operator and developer of renewable power assets. Through its preferred equity securities, BEPC provides investors with exposure to a diversified portfolio of hydropower, wind, solar and energy storage facilities that are underpinned by long-term contractual revenues. The company focuses on delivering clean energy to wholesale and retail markets across multiple jurisdictions, leveraging the experience and financial backing of its parent, Brookfield Asset Management.  </p><p>The company's operations span North America, South America, Europe and Asia-Pacific, with more than 23,000 megawatts of operational capacity.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Brookfield Renewable</li><li>Health Care Stocks Explained: Why You Might Want to Invest</li><li>These 3 Banks Are Rallying Into Year-End, But Will It Continue?</li><li>What is an Earnings Surprise?  </li><li>3 Surging Stocks Just Got the Ultimate Stamp of Approval From the S&amp;P 500</li><li>How to Invest in Small Cap Stocks </li><li>This ETF Caught a Major Tailwind After the Fed’s Rate Cut</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUJFUEM?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUJFUEM"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Brookfield Renewable Right Now?</h2><p>Before you consider Brookfield Renewable, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Brookfield Renewable wasn't on the list.</p><p>While Brookfield Renewable currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

BEPC

<p>Squarepoint Ops LLC reduced its holdings in Brookfield Renewable Corporation by 43.5% in Q2, now owning 35,117 shares worth $1.15 million. Analysts have mixed ratings on Brookfield, with a consensus "Hold" and an average target price of $39.75. Brookfield's stock opened at $38.17, with a market cap of $5.53 billion. The company announced a quarterly dividend of $0.373 per share, yielding 3.9% annually.</p>

Squarepoint Ops LLC Has $1.15 Million Holdings in Brookfield Renewable Corporation $BEPC