Jones Financial Companies Lllp increased its holdings in Brookfield Infrastructure Co. (NASDAQ:BIPC – Free Report) by 217.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,106 shares of the company’s stock after acquiring an additional 758 shares during the quarter. Jones Financial Companies Lllp’s holdings in Brookfield Infrastructure were worth $44,000 at the end of the most recent quarter.
Other institutional investors have also modified their holdings of the company. Allworth Financial LP increased its holdings in shares of Brookfield Infrastructure by 42.9% in the 4th quarter. Allworth Financial LP now owns 1,320 shares of the company’s stock valued at $55,000 after acquiring an additional 396 shares during the period. Morgan Dempsey Capital Management LLC increased its holdings in shares of Brookfield Infrastructure by 34.0% in the 4th quarter. Morgan Dempsey Capital Management LLC now owns 1,814 shares of the company’s stock valued at $73,000 after acquiring an additional 460 shares during the period. M&T Bank Corp acquired a new position in shares of Brookfield Infrastructure in the 3rd quarter valued at $204,000. MML Investors Services LLC purchased a new position in Brookfield Infrastructure in the 3rd quarter valued at $211,000. Finally, Dynamic Technology Lab Private Ltd purchased a new position in Brookfield Infrastructure in the 3rd quarter valued at $213,000. 70.38% of the stock is owned by institutional investors and hedge funds.
Brookfield Infrastructure Price Performance
NASDAQ:BIPC opened at $35.49 on Wednesday. The firm’s fifty day moving average price is $39.96 and its 200 day moving average price is $41.17. Brookfield Infrastructure Co. has a 1-year low of $28.47 and a 1-year high of $45.29. The firm has a market cap of $4.22 billion, a price-to-earnings ratio of 24.64 and a beta of 1.48.
Brookfield Infrastructure Increases Dividend
Brookfield Infrastructure Profile
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
- Five stocks we like better than Brookfield Infrastructure
- Why Are Stock Sectors Important to Successful Investing?
- Arqit Stock Soars as NVIDIA’s GTC Fuels Quantum Excitement
- Low PE Growth Stocks: Unlocking Investment Opportunities
- 3 Must-Own Stocks to Build Wealth This Decade
- What is the MACD Indicator and How to Use it in Your Trading
- Advanced Micro Devices Eyes AI Market Growth—Is AMD a Buy?
Receive News & Ratings for Brookfield Infrastructure Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brookfield Infrastructure and related companies with MarketBeat.com's FREE daily email newsletter.