1 week Ago By ABMN Staff
Prudential Financial Inc. lowered its stake in Brookfield Infrastructure Co. ( NASDAQ:BIPC – Free Report ) by 32.
0% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 7,964 shares of the company’s stock after selling 3,749 shares during the quarter. Prudential Financial Inc.
’s holdings in Brookfield Infrastructure were worth $319,000 as of its most recent SEC filing. Several other hedge funds and other institutional investors have also made changes to their positions in BIPC. Captrust Financial Advisors boosted its stake in Brookfield Infrastructure by 3.
4% during the third quarter. Captrust Financial Advisors now owns 14,924 shares of the company’s stock valued at $648,000 after buying an additional 493 shares during the last quarter. HighTower Advisors LLC grew its holdings in shares of Brookfield Infrastructure by 240.
5% in the third quarter. HighTower Advisors LLC now owns 41,574 shares of the company’s stock valued at $1,807,000 after purchasing an additional 29,363 shares in the last quarter. Quantinno Capital Management LP bought a new stake in Brookfield Infrastructure in the third quarter worth $229,000.
Stifel Financial Corp lifted its position in Brookfield Infrastructure by 4.4% during the third quarter. Stifel Financial Corp now owns 151,703 shares of the company’s stock valued at $6,589,000 after purchasing an additional 6,417 shares during the last quarter.
Finally, MML Investors Services LLC bought a new position in Brookfield Infrastructure during the third quarter valued at $211,000. Institutional investors own 70.38% of the company’s stock.
Brookfield Infrastructure Stock Down 4.8 % Brookfield Infrastructure stock opened at $33.84 on Friday.
Brookfield Infrastructure Co. has a twelve month low of $28.47 and a twelve month high of $45.
29. The company’s 50-day moving average price is $38.04 and its 200-day moving average price is $40.
43. The company has a market cap of $4.03 billion, a PE ratio of 23.
50 and a beta of 1.48. Brookfield Infrastructure Increases Dividend Brookfield Infrastructure Company Profile ( Free Report ) Brookfield Infrastructure Corporation, together with its subsidiaries, owns and operates regulated natural gas transmission systems in Brazil.
The company also engages in the regulated gas and electricity distribution operations in the United Kingdom; and electricity transmission and distribution, as well as gas distribution in Australia. See Also Want to see what other hedge funds are holding BIPC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Brookfield Infrastructure Co.
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