Brookfield Co. (NYSE:BN) Holdings Decreased by Yousif Capital Management LLC

Yousif Capital Management LLC lowered its position in Brookfield Co. (NYSE:BN - Free Report) by 21.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 18,964 shares of the company's stock after selling 5,315 shares during the quarter. Yousif Capital Management LLC's holdings in Brookfield were worth $1,089,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in BN. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp raised its stake in shares of Brookfield by 131.9% during the third quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 463,125 shares of the company's stock worth $24,594,000 after purchasing an additional 263,375 shares during the last quarter. PNC Financial Services Group Inc. raised its stake in shares of Brookfield by 5.7% during the third quarter. PNC Financial Services Group Inc. now owns 183,698 shares of the company's stock worth $9,764,000 after purchasing an additional 9,915 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of Brookfield by 10.9% during the third quarter. Geode Capital Management LLC now owns 6,029,880 shares of the company's stock worth $320,670,000 after purchasing an additional 591,757 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of Brookfield by 10.9% during the third quarter. Charles Schwab Investment Management Inc. now owns 3,564,317 shares of the company's stock worth $189,507,000 after purchasing an additional 351,231 shares during the last quarter. Finally, Partners Group Holding AG grew its holdings in Brookfield by 53.5% during the third quarter. Partners Group Holding AG now owns 409,303 shares of the company's stock worth $21,754,000 after acquiring an additional 142,603 shares during the period. Hedge funds and other institutional investors own 61.60% of the company's stock.

Brookfield Trading Up 0.2 %

NYSE:BN traded up $0.12 during mid-day trading on Tuesday, reaching $61.04. The company's stock had a trading volume of 672,498 shares, compared to its average volume of 2,200,301. The company's fifty day simple moving average is $58.47 and its two-hundred day simple moving average is $54.71. The company has a debt-to-equity ratio of 1.40, a current ratio of 1.17 and a quick ratio of 1.03. Brookfield Co. has a twelve month low of $38.18 and a twelve month high of $62.78. The stock has a market cap of $100.46 billion, a P/E ratio of 129.73 and a beta of 1.57.

Brookfield (NYSE:BN - Get Free Report) last released its quarterly earnings data on Thursday, February 13th. The company reported $1.01 earnings per share for the quarter, beating the consensus estimate of $0.88 by $0.13. Brookfield had a return on equity of 3.74% and a net margin of 1.00%. On average, equities analysts predict that Brookfield Co. will post 3.83 EPS for the current year.

Brookfield Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be issued a dividend of $0.09 per share. The ex-dividend date is Friday, March 14th. This represents a $0.36 annualized dividend and a yield of 0.59%. Brookfield's dividend payout ratio is presently 68.09%.

Analyst Upgrades and Downgrades

BN has been the subject of a number of research analyst reports. BMO Capital Markets restated an "outperform" rating and issued a $62.00 price target (up previously from $50.00) on shares of Brookfield in a research report on Friday, November 15th. Morgan Stanley initiated coverage on Brookfield in a research report on Thursday, January 23rd. They issued an "overweight" rating and a $80.00 price target for the company. TD Securities raised their price target on Brookfield from $74.00 to $75.00 and gave the company a "buy" rating in a research report on Tuesday, February 11th. CIBC lifted their price objective on Brookfield from $68.00 to $70.00 and gave the stock an "outperformer" rating in a research report on Thursday, January 23rd. Finally, Scotiabank lifted their price objective on Brookfield from $69.00 to $71.00 and gave the stock a "sector outperform" rating in a research report on Monday, February 3rd. One research analyst has rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $64.00.

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.