GSA Capital Partners LLP reduced its position in TerraForm Global Inc (NASDAQ:GLBL) by 56.8% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,816 shares of the energy company’s stock after selling 49,746 shares during the period. GSA Capital Partners LLP’s holdings in TerraForm Global were worth $180,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in GLBL. Brookfield Asset Management Inc. purchased a new position in TerraForm Global in the 2nd quarter valued at approximately $98,657,000. Banco BTG Pactual S.A. increased its stake in TerraForm Global by 60.5% in the 2nd quarter. Banco BTG Pactual S.A. now owns 1,611,106 shares of the energy company’s stock valued at $8,136,000 after purchasing an additional 607,588 shares in the last quarter. Westchester Capital Management LLC purchased a new position in TerraForm Global in the 3rd quarter valued at approximately $2,707,000. Gabelli Funds LLC increased its stake in TerraForm Global by 43.2% in the 3rd quarter. Gabelli Funds LLC now owns 1,453,932 shares of the energy company’s stock valued at $6,906,000 after purchasing an additional 438,611 shares in the last quarter. Finally, SG Americas Securities LLC increased its stake in TerraForm Global by 36.0% in the 3rd quarter. SG Americas Securities LLC now owns 1,140,247 shares of the energy company’s stock valued at $5,416,000 after purchasing an additional 301,652 shares in the last quarter. 49.34% of the stock is owned by hedge funds and other institutional investors.

Several equities analysts recently weighed in on the company. BidaskClub raised TerraForm Global from a “strong sell” rating to a “sell” rating in a research note on Tuesday, December 12th. Zacks Investment Research downgraded TerraForm Global from a “buy” rating to a “hold” rating in a research note on Wednesday, December 6th.

Shares of TerraForm Global Inc (GLBL) opened at $5.08 on Friday. The company has a market capitalization of $880.23 and a price-to-earnings ratio of -8.60. The company has a current ratio of 1.74, a quick ratio of 1.74 and a debt-to-equity ratio of 0.71. TerraForm Global Inc has a fifty-two week low of $3.90 and a fifty-two week high of $5.10.

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TerraForm Global Profile

TerraForm Global, Inc is a holding company. The Company is a diversified renewable energy company that owns contracted solar and wind power plants. The Company operates through two segments: Solar Energy and Wind Energy. The segments include the Company’s entire portfolio of power plants. The Company’s portfolio consisted of solar and wind power plants located in Brazil, China, India, Malaysia, South Africa, Thailand and Uruguay with an aggregate net capacity of 916.4 megawatts (MW) as of October 31, 2016.

Institutional Ownership by Quarter for TerraForm Global (NASDAQ:GLBL)

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