Published on 5 Oct 2023 on Insider Monkey via Yahoo Finance
Is Brookfield Renewable Partners (BEP) Expected to Continue to Deliver a Low-Teens Total Return?
Emeth Value Capital, an investment Management Company, released its second-quarter investor letter. A copy of the same can be downloaded here. Year-to-date, the fund returned 19.27% compared to the MSCI ACWI Index’s 14.19% return. Since inception, the fund returned 18.53%. In addition, you can check the top 5 holdings of the fund to know its best picks in 2023.
Emeth Value Capital highlighted stocks like Brookfield Renewable Partners L.P. (NYSE:BEP) in the second quarter 2023 investor letter. Headquartered in Hamilton, Bermuda, Brookfield Renewable Partners L.P. (NYSE:BEP) owns renewable power generating facilities. On October 4, 2023, Brookfield Renewable Partners L.P. (NYSE:BEP) stock closed at $20.87 per share. One-month return of Brookfield Renewable Partners L.P. (NYSE:BEP) was -12.46%, and its shares lost 31.20% of their value over the last 52 weeks. Brookfield Renewable Partners L.P. (NYSE:BEP) has a market capitalization of $14.178 billion.
Emeth Value Capital made the following comment about Brookfield Renewable Partners L.P. (NYSE:BEP) in its Q2 2023 investor letter: