Barclays PLC Has $166,000 Holdings in ReNew Energy Global Plc (NASDAQ:RNW)

Barclays PLC increased its stake in shares of ReNew Energy Global Plc (NASDAQ:RNW) by 382.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 26,381 shares of the company’s stock after buying an additional 20,913 shares during the quarter. Barclays PLC’s holdings in ReNew Energy Global were worth $166,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. Van ECK Associates Corp increased its holdings in shares of ReNew Energy Global by 58.1% during the third quarter. Van ECK Associates Corp now owns 12,278 shares of the company’s stock worth $72,000 after buying an additional 4,513 shares in the last quarter. Robeco Institutional Asset Management B.V. increased its holdings in ReNew Energy Global by 23.1% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 12,672 shares of the company’s stock valued at $80,000 after purchasing an additional 2,379 shares in the last quarter. Mercer Global Advisors Inc. ADV raised its position in ReNew Energy Global by 12.7% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 15,187 shares of the company’s stock valued at $95,000 after purchasing an additional 1,709 shares during the last quarter. Quantbot Technologies LP boosted its stake in ReNew Energy Global by 454.7% in the third quarter. Quantbot Technologies LP now owns 15,788 shares of the company’s stock worth $99,000 after purchasing an additional 12,942 shares in the last quarter. Finally, Renaissance Technologies LLC grew its holdings in shares of ReNew Energy Global by 50.9% during the second quarter. Renaissance Technologies LLC now owns 34,100 shares of the company’s stock worth $213,000 after purchasing an additional 11,500 shares during the last quarter. Institutional investors and hedge funds own 43.56% of the company’s stock.

ReNew Energy Global Stock Performance

RNW stock opened at $6.95 on Wednesday. The company has a 50 day moving average price of $6.21 and a 200 day moving average price of $6.05. ReNew Energy Global Plc has a fifty-two week low of $5.15 and a fifty-two week high of $7.63. The company has a debt-to-equity ratio of 4.51, a current ratio of 0.65 and a quick ratio of 0.64. The stock has a market capitalization of $2.52 billion, a PE ratio of 115.85 and a beta of 0.90.

Analyst Ratings Changes

Separately, Morgan Stanley downgraded shares of ReNew Energy Global from an “overweight” rating to an “equal weight” rating in a research report on Thursday, September 26th.

ReNew Energy Global Profile

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.