Brookfield Renewable Energy Partners LP (NYSE:BEP) – Investment analysts at National Bank Financial lowered their Q4 2016 EPS estimates for shares of Brookfield Renewable Energy Partners in a research note issued on Monday. National Bank Financial analyst R. Merer now expects that the firm will post earnings of $0.05 per share for the quarter, down from their prior forecast of $0.06. National Bank Financial currently has a “Outperform” rating on the stock.

BEP has been the topic of several other research reports. TD Securities restated a “buy” rating and set a $35.00 target price on shares of Brookfield Renewable Energy Partners in a research report on Sunday, October 2nd. Guggenheim upgraded Brookfield Renewable Energy Partners from a “neutral” rating to a “buy” rating in a research report on Wednesday, July 20th. Zacks Investment Research downgraded Brookfield Renewable Energy Partners from a “hold” rating to a “strong sell” rating in a research report on Thursday. BMO Capital Markets restated an “outperform” rating on shares of Brookfield Renewable Energy Partners in a research report on Monday, June 13th. Finally, TheStreet downgraded Brookfield Renewable Energy Partners from a “hold” rating to a “sell” rating in a research report on Wednesday, August 31st. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $35.25.

Shares of Brookfield Renewable Energy Partners (NYSE:BEP) opened at 30.12 on Wednesday. The company’s 50-day moving average price is $30.64 and its 200-day moving average price is $29.97. The company’s market cap is $8.93 billion. Brookfield Renewable Energy Partners has a 12 month low of $20.36 and a 12 month high of $31.85.

Brookfield Renewable Energy Partners (NYSE:BEP) last issued its quarterly earnings data on Thursday, August 4th. The company reported $0.37 earnings per share for the quarter, missing analysts’ consensus estimates of $0.40 by $0.03. The firm had revenue of $627 million for the quarter, compared to the consensus estimate of $718.66 million. Brookfield Renewable Energy Partners had a return on equity of 0.76% and a net margin of 3.79%.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 30th. Investors of record on Wednesday, August 31st were given a $0.445 dividend. The ex-dividend date of this dividend was Monday, August 29th. This represents a $1.78 dividend on an annualized basis and a dividend yield of 5.91%. Brookfield Renewable Energy Partners’s dividend payout ratio (DPR) is presently -1,618.03%.

Large investors have recently modified their holdings of the company. Springbok Capital Management LLC increased its stake in shares of Brookfield Renewable Energy Partners by 450.0% in the first quarter. Springbok Capital Management LLC now owns 4,400 shares of the company’s stock worth $132,000 after buying an additional 3,600 shares during the period. Counsel Portfolio Services Inc. acquired a new stake in shares of Brookfield Renewable Energy Partners during the second quarter worth about $237,000. Mackenzie Financial Corp purchased a new stake in Brookfield Renewable Energy Partners during the second quarter worth $264,000. Bluestein R H & Co. purchased a new stake in Brookfield Renewable Energy Partners during the second quarter worth $298,000. Finally, Raymond James & Associates increased its stake in Brookfield Renewable Energy Partners by 25.0% in the second quarter. Raymond James & Associates now owns 10,762 shares of the company’s stock worth $320,000 after buying an additional 2,149 shares during the last quarter. Institutional investors own 55.81% of the company’s stock.

Brookfield Renewable Energy Partners Company Profile

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. The Company operates over three biomass facilities and Co-generation (Co-gen) facilities. The Company operates through three segments: Hydroelectric, Wind and Other, which includes Co-gen and Biomass.

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