Walnut Private Equity Partners LLC Purchases 25,000 Shares of Brookfield Infrastructure Partners L.P. (NYSE:BIP)

Walnut Private Equity Partners LLC boosted its holdings in Brookfield Infrastructure Partners L.P. (NYSE:BIP - Free Report) TSE: BIP.UN by 33.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 100,000 shares of the utilities provider's stock after acquiring an additional 25,000 shares during the quarter. Brookfield Infrastructure Partners comprises about 1.7% of Walnut Private Equity Partners LLC's investment portfolio, making the stock its 9th biggest holding. Walnut Private Equity Partners LLC's holdings in Brookfield Infrastructure Partners were worth $3,179,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Citigroup Inc. increased its stake in Brookfield Infrastructure Partners by 159.5% in the 3rd quarter. Citigroup Inc. now owns 175,434 shares of the utilities provider's stock valued at $6,147,000 after buying an additional 107,821 shares during the period. GSA Capital Partners LLP grew its stake in Brookfield Infrastructure Partners by 197.9% in the third quarter. GSA Capital Partners LLP now owns 71,941 shares of the utilities provider's stock valued at $2,521,000 after purchasing an additional 47,792 shares in the last quarter. Addenda Capital Inc. grew its stake in Brookfield Infrastructure Partners by 129.5% in the fourth quarter. Addenda Capital Inc. now owns 680,481 shares of the utilities provider's stock valued at $21,632,000 after purchasing an additional 384,000 shares in the last quarter. FMR LLC increased its position in Brookfield Infrastructure Partners by 87.1% in the 3rd quarter. FMR LLC now owns 24,090 shares of the utilities provider's stock worth $844,000 after purchasing an additional 11,217 shares during the last quarter. Finally, National Bank of Canada FI raised its stake in shares of Brookfield Infrastructure Partners by 5.4% during the 3rd quarter. National Bank of Canada FI now owns 2,550,270 shares of the utilities provider's stock worth $89,362,000 after purchasing an additional 130,371 shares in the last quarter. Institutional investors own 57.92% of the company's stock.

Brookfield Infrastructure Partners Stock Performance

BIP traded down $0.22 on Friday, hitting $33.38. 528,256 shares of the stock traded hands, compared to its average volume of 352,473. Brookfield Infrastructure Partners L.P. has a 52 week low of $24.84 and a 52 week high of $36.50. The firm has a market capitalization of $15.49 billion, a PE ratio of -87.84 and a beta of 1.07. The business has a fifty day moving average price of $32.99 and a two-hundred day moving average price of $32.80. The company has a current ratio of 0.77, a quick ratio of 0.72 and a debt-to-equity ratio of 1.72.

Brookfield Infrastructure Partners Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, November 29th were issued a dividend of $0.405 per share. The ex-dividend date of this dividend was Friday, November 29th. This represents a $1.62 dividend on an annualized basis and a dividend yield of 4.85%. Brookfield Infrastructure Partners's payout ratio is presently -426.32%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on BIP shares. Jefferies Financial Group boosted their price target on Brookfield Infrastructure Partners from $35.00 to $39.00 and gave the company a "buy" rating in a research note on Monday, September 30th. TD Securities increased their price target on shares of Brookfield Infrastructure Partners from $49.00 to $50.00 and gave the stock a "buy" rating in a research note on Thursday, November 7th. StockNews.com raised shares of Brookfield Infrastructure Partners from a "sell" rating to a "hold" rating in a research note on Saturday, November 16th. Finally, Raymond James increased their target price on shares of Brookfield Infrastructure Partners from $44.00 to $46.00 and gave the stock a "strong-buy" rating in a research report on Tuesday. Three research analysts have rated the stock with a hold rating, three have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $40.60.

Brookfield Infrastructure Partners Profile

Brookfield Infrastructure Partners L.P. owns and operates utilities, transport, midstream, and data businesses in North and South America, Europe, and the Asia Pacific. The company's Utilities segment operates approximately 2,900 km of electricity transmission lines; 4,200 km of natural gas pipelines; 8.1 million electricity and natural gas connections; and 0.6 million long-term contracted sub-metering services.