Epoch Investment Partners Inc. Sells 1,411,044 Shares of Brookfield Infrastructure Co. (NASDAQ:BIPC)

Epoch Investment Partners Inc. trimmed its position in shares of Brookfield Infrastructure Co. (NASDAQ:BIPC) by 62.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 838,754 shares of the company’s stock after selling 1,411,044 shares during the quarter. Epoch Investment Partners Inc. owned 0.64% of Brookfield Infrastructure worth $28,232,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Nisa Investment Advisors LLC boosted its holdings in Brookfield Infrastructure by 11.7% during the second quarter. Nisa Investment Advisors LLC now owns 2,754 shares of the company’s stock worth $93,000 after purchasing an additional 288 shares during the last quarter. CWM LLC boosted its stake in shares of Brookfield Infrastructure by 10.7% in the 2nd quarter. CWM LLC now owns 3,148 shares of the company’s stock worth $106,000 after buying an additional 305 shares during the last quarter. Heritage Wealth Advisors grew its holdings in shares of Brookfield Infrastructure by 43.0% in the first quarter. Heritage Wealth Advisors now owns 1,333 shares of the company’s stock valued at $48,000 after acquiring an additional 401 shares in the last quarter. ProShare Advisors LLC increased its position in shares of Brookfield Infrastructure by 1.5% during the first quarter. ProShare Advisors LLC now owns 36,266 shares of the company’s stock valued at $1,307,000 after acquiring an additional 530 shares during the last quarter. Finally, Benjamin F. Edwards & Company Inc. lifted its holdings in Brookfield Infrastructure by 6.0% during the first quarter. Benjamin F. Edwards & Company Inc. now owns 9,556 shares of the company’s stock worth $344,000 after acquiring an additional 544 shares during the period. Institutional investors own 70.38% of the company’s stock.

Brookfield Infrastructure Price Performance

Shares of NASDAQ:BIPC opened at $42.45 on Monday. Brookfield Infrastructure Co. has a 1 year low of $25.48 and a 1 year high of $42.72. The company has a market capitalization of $5.60 billion, a PE ratio of 29.48 and a beta of 1.44. The business has a fifty day moving average price of $39.24 and a two-hundred day moving average price of $35.62.

Brookfield Infrastructure Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 27th. Investors of record on Friday, August 30th will be issued a dividend of $0.405 per share. The ex-dividend date is Friday, August 30th. This represents a $1.62 dividend on an annualized basis and a yield of 3.82%. Brookfield Infrastructure’s dividend payout ratio (DPR) is presently 112.50%.

Brookfield Infrastructure Company 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.