Clearway Energy Class CCWEN
About: Clearway Energy Inc is a publicly-traded energy infrastructure investor with a focus on investments in clean energy and owner of modern, sustainable and long-term contracted assets across North America. The company segments its operations into conventional power generation, renewables and thermal divisions.
Employees: 61
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
100% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 2 (+1) [Q2]
62% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 34
34% more call options, than puts
Call options by funds: $3.97M | Put options by funds: $2.96M
10% more repeat investments, than reductions
Existing positions increased: 116 | Existing positions reduced: 105
7% more funds holding
Funds holding: 306 [Q1] → 327 (+21) [Q2]
6% more capital invested
Capital invested by funds: $1.72B [Q1] → $1.83B (+$107M) [Q2]
0.56% less ownership
Funds ownership: 90.61% [Q1] → 90.05% (-0.56%) [Q2]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
Exane BNP Paribas | 31%upside $36 | Outperform Initiated | 1 Oct 2024 |
Jefferies Julien Dumoulin-Smith 69% 1-year accuracy 29 / 42 met price target | 27%upside $35 | Buy Initiated | 20 Sept 2024 |
Roth MKM Justin Clare 38% 1-year accuracy 11 / 29 met price target | 16%upside $32 | Buy Reiterated | 2 Aug 2024 |
Morgan Stanley Robert Kad 89% 1-year accuracy 8 / 9 met price target | 31%upside $36 | Overweight Upgraded | 31 Jul 2024 |
Financial journalist opinion
Based on 9 articles about CWEN published over the past 30 days