Barclays PLC Increases Stock Position in Brookfield Infrastructure Co. (NASDAQ:BIPC)

Barclays PLC lifted its position in Brookfield Infrastructure Co. (NASDAQ:BIPC - Free Report) by 8.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 215,089 shares of the company's stock after buying an additional 16,518 shares during the quarter. Barclays PLC owned approximately 0.18% of Brookfield Infrastructure worth $8,605,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. lifted its holdings in shares of Brookfield Infrastructure by 47.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 363,506 shares of the company's stock worth $15,787,000 after acquiring an additional 116,256 shares during the last quarter. Sanctuary Advisors LLC purchased a new position in shares of Brookfield Infrastructure in the 3rd quarter worth about $262,000. Jones Financial Companies Lllp increased its position in shares of Brookfield Infrastructure by 217.8% during the 4th quarter. Jones Financial Companies Lllp now owns 1,106 shares of the company's stock valued at $44,000 after purchasing an additional 758 shares during the last quarter. Townsquare Capital LLC raised its holdings in shares of Brookfield Infrastructure by 20.4% during the 4th quarter. Townsquare Capital LLC now owns 11,053 shares of the company's stock valued at $442,000 after buying an additional 1,870 shares in the last quarter. Finally, Rockefeller Capital Management L.P. boosted its stake in Brookfield Infrastructure by 5.2% in the fourth quarter. Rockefeller Capital Management L.P. now owns 38,253 shares of the company's stock worth $1,531,000 after buying an additional 1,906 shares in the last quarter. Institutional investors own 70.38% of the company's stock.

Brookfield Infrastructure Trading Down 1.1 %

Shares of BIPC stock traded down $0.40 during trading hours on Tuesday, hitting $36.14. 77,702 shares of the company's stock were exchanged, compared to its average volume of 524,146. Brookfield Infrastructure Co. has a 12-month low of $29.30 and a 12-month high of $45.29. The company has a market capitalization of $4.30 billion, a PE ratio of 25.07 and a beta of 1.48. The business's 50 day simple moving average is $36.60 and its 200-day simple moving average is $39.87.

Brookfield Infrastructure Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, February 28th were paid a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a dividend yield of 4.76%. This is an increase from Brookfield Infrastructure's previous quarterly dividend of $0.41. The ex-dividend date was Friday, February 28th. Brookfield Infrastructure's dividend payout ratio is 119.44%.

Brookfield Infrastructure 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.