Brookfield Infrastructure Co. (NASDAQ:BIPC) Shares Purchased by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. boosted its position in shares of Brookfield Infrastructure Co. (NASDAQ:BIPC - Free Report) by 3.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,024,923 shares of the company's stock after acquiring an additional 37,503 shares during the quarter. TD Waterhouse Canada Inc. owned 0.86% of Brookfield Infrastructure worth $40,593,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of BIPC. Vanguard Group Inc. boosted its stake in shares of Brookfield Infrastructure by 3.4% in the 4th quarter. Vanguard Group Inc. now owns 5,687,931 shares of the company's stock valued at $228,128,000 after buying an additional 187,719 shares during the period. Principal Financial Group Inc. lifted its stake in Brookfield Infrastructure by 13.8% in the fourth quarter. Principal Financial Group Inc. now owns 3,109,808 shares of the company's stock worth $124,423,000 after acquiring an additional 376,254 shares during the last quarter. Geode Capital Management LLC grew its holdings in Brookfield Infrastructure by 5.4% during the 4th quarter. Geode Capital Management LLC now owns 1,617,912 shares of the company's stock worth $66,380,000 after acquiring an additional 82,393 shares in the last quarter. Norges Bank purchased a new stake in shares of Brookfield Infrastructure in the 4th quarter valued at approximately $60,137,000. Finally, Scotia Capital Inc. raised its holdings in shares of Brookfield Infrastructure by 3.7% in the 4th quarter. Scotia Capital Inc. now owns 1,247,007 shares of the company's stock valued at $49,453,000 after purchasing an additional 44,627 shares in the last quarter. 70.38% of the stock is owned by institutional investors and hedge funds.

Brookfield Infrastructure Trading Up 0.3 %

Shares of BIPC stock traded up $0.10 on Friday, reaching $36.34. 417,710 shares of the stock were exchanged, compared to its average volume of 525,314. Brookfield Infrastructure Co. has a twelve month low of $29.30 and a twelve month high of $45.29. The company has a market capitalization of $4.33 billion, a price-to-earnings ratio of 25.24 and a beta of 1.48. The business's 50 day moving average price is $36.85 and its 200 day moving average price is $39.96.

Brookfield Infrastructure Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, February 28th were issued a $0.43 dividend. The ex-dividend date of this dividend was Friday, February 28th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 4.73%. This is an increase from Brookfield Infrastructure's previous quarterly dividend of $0.41. Brookfield Infrastructure's dividend payout ratio is presently 119.44%.

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.