Economy

BMO Capital Markets Downgrades Brookfield Infrastructure Partners LP (BIP.UN) to Neutral

Finally, TheStreet upgraded Brookfield Renewable Partners L.P. from a "d+" rating to a "c-" rating in a report on Tuesday, June 27th.

Many other big clients also recently purchased to or lowered their position in the company.

Shares of Brookfield Renewable Partners L.P.

The stock increased 0.55% or $0.35 on September 8, reaching $64.45. Global X Management Co. This represents a $1.74 annualized dividend and a dividend yield of 4.01%. Moreover, Zebra Capital Management Llc has 0.84% invested in the company for 42,395 shares. Brookfield Renewable Partners L.P.'s payout ratio is -1,869.81%. Neuberger Berman Group LLC now owns 142,210 shares of the company's stock valued at $4,236,000 after buying an additional 575 shares in the last quarter. Brookfield Renewable Partners L.P. Renaissance Technologies LLC now owns 255,953 shares of the utilities provider's stock valued at $7,598,000 after acquiring an additional 199,554 shares during the last quarter.

About Brookfield Renewable Partners L.P. Hedge funds and other institutional investors own 33.32% of the company's stock. Tower Research Capital LLC TRC raised its position in Brookfield Infrastructure Partners by 2,000.0% during the second quarter. If you are viewing this article on another domain, it was illegally copied and reposted in violation of United States and worldwide copyright & trademark legislation. The legal version of this story can be read at https://www.dispatchtribunal.com/2017/09/10/principal-financial-group-inc-boosts-position-in-brookfield-renewable-partners-l-p-bep.html. Ameriprise Financial Inc. acquired a new position in shares of Brookfield Infrastructure Partners during the 1st quarter worth approximately $350,000. (NYSE:BEP) opened at 35.82 on Friday. The company has market cap of $3.28 billion. The 50 day moving average moved up $1.30 whereas the 200 day average was up by +11.94%. Brookfield Renewable Partners L.P. Bellwether Investment Group raised its position in Brookfield Infrastructure Partners by 1.2% through out the 1st period. (NYSE:BEP) last issued its quarterly earnings data on Thursday, November 3rd. Next quarter's EPS is forecasted to be $0.46 with next year's EPS anticipated to be $2.01. The firm had revenue of $683 million during the quarter, compared to the consensus estimate of $721.75 million. Stratos Wealth Partners has an ownership of 8,749 stocks of the utilities provider's shares valued at $338,000 following acquiring an extra 98 shares through out the previous quarter, Lastly, Janney Montgomery Scott lifted its holdings in stocks of Brookfield Infrastructure Partners by 5.5% through out the 2nd period. The company also recently announced a dividend for shareholders to be paid on Friday the 29th of September 2017. Investors of record on Thursday, August 31st will be given a $0.435 dividend. The stock of Kraft Heinz Co (NASDAQ:KHC) earned "Hold" rating by Susquehanna on Tuesday, August 1. Its down 0.17, from 1.29 in 2016Q3.

A number of analysts have weighed in on BEP shares. The firm earned "Sector Perform" rating on Friday, February 3 by RBC Capital Markets. They noted that the move was a valuation call. TD Securities maintained the shares of BIP in report on Monday, September 26 with "Buy" rating. Zacks Investment Research cut shares of Brookfield Renewable Partners L.P. from a "buy" rating to a "hold" rating in a research note on Friday, July 14th. Raymond James downgraded Brookfield Infrastructure Partners L.P. (NYSE:BIP) on Monday, September 26 to "Outperform" rating.

Among 9 analysts covering Nu Skin (NYSE:NUS), 3 have Buy rating, 1 Sell and 5 Hold. Barclays Capital downgraded Brookfield Renewable Partners LP (NYSE:BEP) on Monday, October 12 to "Equal-Weight" rating.

Brookfield Renewable Partners L.P., formerly Brookfield Renewable Energy Partners L.P., owns and operates a portfolio of renewable power generating facilities in North America, Brazil, Colombia and Europe.



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