Quantbot Technologies LP increased its position in shares of Brookfield Infrastructure Co. (NASDAQ:BIPC - Free Report) by 133.7% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 44,152 shares of the company's stock after acquiring an additional 25,256 shares during the quarter. Quantbot Technologies LP's holdings in Brookfield Infrastructure were worth $1,918,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Pathway Financial Advisers LLC acquired a new position in Brookfield Infrastructure in the first quarter valued at $68,000. Lazard Asset Management LLC purchased a new stake in Brookfield Infrastructure in the 1st quarter valued at about $73,000. Nisa Investment Advisors LLC increased its stake in shares of Brookfield Infrastructure by 11.7% during the 2nd quarter. Nisa Investment Advisors LLC now owns 2,754 shares of the company's stock valued at $93,000 after acquiring an additional 288 shares during the last quarter. CWM LLC lifted its holdings in shares of Brookfield Infrastructure by 10.7% during the 2nd quarter. CWM LLC now owns 3,148 shares of the company's stock worth $106,000 after acquiring an additional 305 shares during the period. Finally, Gryphon Financial Partners LLC acquired a new stake in shares of Brookfield Infrastructure in the second quarter worth approximately $136,000. 70.38% of the stock is owned by hedge funds and other institutional investors.
Brookfield Infrastructure Price Performance
BIPC stock traded up $0.38 on Friday, hitting $44.90. 270,996 shares of the company were exchanged, compared to its average volume of 503,847. The stock has a market capitalization of $5.93 billion, a price-to-earnings ratio of 31.19 and a beta of 1.45. Brookfield Infrastructure Co. has a twelve month low of $28.47 and a twelve month high of $45.29. The business's fifty day moving average is $42.84 and its two-hundred day moving average is $38.92.
Brookfield Infrastructure Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, November 29th will be given a $0.405 dividend. This represents a $1.62 annualized dividend and a dividend yield of 3.61%. The ex-dividend date is Friday, November 29th. Brookfield Infrastructure's dividend payout ratio (DPR) is currently 112.50%.
Brookfield Infrastructure Profile
(
Free Report)
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.
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