SG Americas Securities LLC grew its holdings in Brookfield Infrastructure Co. (NASDAQ:BIPC – Free Report) by 27.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,716 shares of the company’s stock after acquiring an additional 3,431 shares during the period. SG Americas Securities LLC’s holdings in Brookfield Infrastructure were worth $566,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors have also modified their holdings of the company. Allworth Financial LP grew its stake in shares of Brookfield Infrastructure by 169.8% in the fourth quarter. Allworth Financial LP now owns 707 shares of the company’s stock worth $25,000 after acquiring an additional 445 shares in the last quarter. HBC Financial Services PLLC purchased a new stake in shares of Brookfield Infrastructure during the 1st quarter worth $29,000. Heritage Wealth Advisors purchased a new stake in shares of Brookfield Infrastructure during the 4th quarter worth $33,000. SRS Capital Advisors Inc. lifted its position in shares of Brookfield Infrastructure by 413.1% during the 4th quarter. SRS Capital Advisors Inc. now owns 1,021 shares of the company’s stock worth $36,000 after purchasing an additional 822 shares during the last quarter. Finally, Signaturefd LLC lifted its position in shares of Brookfield Infrastructure by 178.0% during the 4th quarter. Signaturefd LLC now owns 3,019 shares of the company’s stock worth $106,000 after purchasing an additional 1,933 shares during the last quarter. Institutional investors and hedge funds own 70.38% of the company’s stock.
Brookfield Infrastructure Trading Down 1.0 %
Brookfield Infrastructure stock opened at $38.08 on Friday. The stock has a market cap of $5.03 billion, a P/E ratio of 26.44 and a beta of 1.44. The company has a fifty day simple moving average of $34.69 and a 200-day simple moving average of $34.33. Brookfield Infrastructure Co. has a 12-month low of $25.48 and a 12-month high of $47.31.
Brookfield Infrastructure Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Friday, May 31st were given a dividend of $0.405 per share. The ex-dividend date of this dividend was Friday, May 31st. This represents a $1.62 annualized dividend and a dividend yield of 4.25%. Brookfield Infrastructure’s dividend payout ratio (DPR) is currently 112.50%.
About Brookfield Infrastructure
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
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