TerraForm Global, Inc. (GLBL) Shares Sold by Parametric Portfolio Associates LLC

Parametric Portfolio Associates LLC trimmed its holdings in shares of TerraForm Global, Inc. (NASDAQ:GLBL) by 4.2% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 122,168 shares of the energy company’s stock after selling 5,343 shares during the period. Parametric Portfolio Associates LLC owned approximately 0.11% of TerraForm Global worth $617,000 as of its most recent filing with the SEC.

Other institutional investors have also bought and sold shares of the company. Dumac Inc. bought a new position in shares of TerraForm Global during the 2nd quarter worth approximately $1,515,000. Gamco Investors INC. ET AL raised its position in shares of TerraForm Global by 37.5% during the second quarter. Gamco Investors INC. ET AL now owns 143,913 shares of the energy company’s stock worth $727,000 after purchasing an additional 39,263 shares during the period. Morgan Stanley raised its position in shares of TerraForm Global by 82.7% during the first quarter. Morgan Stanley now owns 609,601 shares of the energy company’s stock worth $2,926,000 after purchasing an additional 275,996 shares during the period. Renaissance Technologies LLC acquired a new position in shares of TerraForm Global during the first quarter worth approximately $3,729,000. Finally, Vanguard Group Inc. raised its position in shares of TerraForm Global by 30.1% during the first quarter. Vanguard Group Inc. now owns 1,465,967 shares of the energy company’s stock worth $7,037,000 after purchasing an additional 338,994 shares during the period. Hedge funds and other institutional investors own 49.71% of the company’s stock.

A number of equities analysts have recently weighed in on GLBL shares. Zacks Investment Research raised TerraForm Global from a “hold” rating to a “buy” rating and set a $5.25 target price on the stock in a research report on Friday, September 29th. BidaskClub raised TerraForm Global from a “hold” rating to a “buy” rating in a research report on Tuesday, August 22nd. Finally, ValuEngine lowered TerraForm Global from a “hold” rating to a “sell” rating in a research report on Tuesday, September 12th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $5.13.

TerraForm Global, Inc. (NASDAQ GLBL) opened at $4.82 on Thursday. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.74 and a current ratio of 1.74. TerraForm Global, Inc. has a 12-month low of $3.40 and a 12-month high of $5.10.

TRADEMARK VIOLATION WARNING: “TerraForm Global, Inc. (GLBL) Shares Sold by Parametric Portfolio Associates LLC” was originally posted by Sports Perspectives and is the sole property of of Sports Perspectives. If you are accessing this piece of content on another site, it was copied illegally and reposted in violation of U.S. and international copyright and trademark laws. The correct version of this piece of content can be viewed at https://sportsperspectives.com/2017/11/23/terraform-global-inc-glbl-shares-sold-by-parametric-portfolio-associates-llc.html.

TerraForm Global Company 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)

Receive News & Ratings for TerraForm Global Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TerraForm Global Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply