Partners Group Holding AG Has $29.14 Million Stock Holdings in Brookfield Co. (NYSE:BN)

Partners Group Holding AG boosted its holdings in Brookfield Co. (NYSE:BN - Free Report) by 23.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 507,166 shares of the company's stock after acquiring an additional 97,863 shares during the period. Brookfield comprises about 1.0% of Partners Group Holding AG's investment portfolio, making the stock its 22nd biggest holding. Partners Group Holding AG's holdings in Brookfield were worth $29,137,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Thrivent Financial for Lutherans acquired a new position in Brookfield during the 3rd quarter worth $223,000. Pathstone Holdings LLC increased its holdings in shares of Brookfield by 2.0% in the third quarter. Pathstone Holdings LLC now owns 97,293 shares of the company's stock valued at $5,171,000 after buying an additional 1,929 shares in the last quarter. Caprock Group LLC boosted its position in shares of Brookfield by 2.5% in the 3rd quarter. Caprock Group LLC now owns 12,332 shares of the company's stock valued at $655,000 after purchasing an additional 300 shares during the period. PNC Financial Services Group Inc. increased its position in shares of Brookfield by 5.7% in the third quarter. PNC Financial Services Group Inc. now owns 183,698 shares of the company's stock worth $9,764,000 after acquiring an additional 9,915 shares in the last quarter. Finally, Citizens Financial Group Inc. RI acquired a new stake in shares of Brookfield during the third quarter valued at approximately $218,000. 61.60% of the stock is currently owned by institutional investors and hedge funds.

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Wall Street Analyst Weigh In

Several research analysts recently weighed in on the company. Morgan Stanley began coverage on Brookfield in a research report on Thursday, January 23rd. They set an "overweight" rating and a $80.00 price target on the stock. TD Securities upped their target price on Brookfield from $74.00 to $75.00 and gave the company a "buy" rating in a report on Tuesday, February 11th. Scotiabank raised their price target on shares of Brookfield from $69.00 to $71.00 and gave the stock a "sector outperform" rating in a report on Monday, February 3rd. Finally, CIBC boosted their price objective on shares of Brookfield from $68.00 to $70.00 and gave the company an "outperformer" rating in a research report on Thursday, January 23rd. One research analyst has rated the stock with a hold rating and six have issued a buy rating to the company's stock. Based on data from MarketBeat, Brookfield presently has an average rating of "Moderate Buy" and an average price target of $64.00.

Brookfield Price Performance

Shares of BN traded up $0.02 during mid-day trading on Tuesday, reaching $55.37. The company had a trading volume of 2,230,857 shares, compared to its average volume of 2,550,541. The company's 50-day moving average is $57.08 and its 200-day moving average is $56.08. The company has a debt-to-equity ratio of 1.40, a current ratio of 1.21 and a quick ratio of 1.09. The company has a market capitalization of $91.18 billion, a P/E ratio of 184.57 and a beta of 1.65. Brookfield Co. has a twelve month low of $38.18 and a twelve month high of $62.78.

Brookfield (NYSE:BN - Get Free Report) last issued its quarterly earnings data on Thursday, February 13th. The company reported $1.01 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.88 by $0.13. Brookfield had a return on equity of 3.93% and a net margin of 0.75%. On average, equities analysts anticipate that Brookfield Co. will post 3.85 EPS for the current year.

Brookfield Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be paid a dividend of $0.09 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.36 annualized dividend and a yield of 0.65%. Brookfield's dividend payout ratio is 120.00%.

Brookfield Company Profile

Brookfield Corporation is an alternative asset manager and REIT/Real Estate Investment Manager firm focuses on real estate, renewable power, infrastructure and venture capital and private equity assets. It manages a range of public and private investment products and services for institutional and retail clients.