Brookfield Business (NYSE:BBUC) Raised to Hold at Zacks Research

Key Points

• Zacks Research upgraded Brookfield Business (NYSE:BBUC) from "strong sell" to "hold", but Weiss Ratings maintained a "sell (d-)" and the stock's MarketBeat consensus rating remains "Reduce".
• Financials show stress: BBUC has very low liquidity (quick ratio 0.19, current ratio 0.27), high leverage (debt-to-equity 2.84) and a negative P/E (-128.21), despite a $2.92 billion market cap.
• Institutional ownership is high (about 85%) and several large funds—including Millennium and Geode—significantly increased their BBUC stakes in the fourth quarter, signaling notable institutional buying.

Brookfield Business (NYSE:BBUC - Get Free Report) was upgraded by stock analysts at Zacks Research from a "strong sell" rating to a "hold" rating in a report released on Tuesday,Zacks.com reports.

Separately, Weiss Ratings reissued a "sell (d-)" rating on shares of Brookfield Business in a research note on Monday, December 29th. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Reduce".

Brookfield Business Stock Performance

Shares of BBUC stock opened at $33.34 on Tuesday. The company has a quick ratio of 0.19, a current ratio of 0.27 and a debt-to-equity ratio of 2.84. The firm has a market capitalization of $2.92 billion, a price-to-earnings ratio of -128.21 and a beta of 1.32. Brookfield Business has a one year low of $21.52 and a one year high of $38.25. The stock's 50 day moving average is $33.98.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of BBUC. Geode Capital Management LLC grew its stake in Brookfield Business by 2.3% during the fourth quarter. Geode Capital Management LLC now owns 297,267 shares of the company's stock worth $10,661,000 after buying an additional 6,816 shares during the period. Millennium Management LLC raised its stake in shares of Brookfield Business by 335.6% in the 4th quarter. Millennium Management LLC now owns 295,351 shares of the company's stock valued at $10,597,000 after acquiring an additional 227,555 shares during the period. Charles Schwab Investment Management Inc. raised its stake in shares of Brookfield Business by 12.9% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 159,459 shares of the company's stock valued at $5,712,000 after acquiring an additional 18,181 shares during the period. Cardinal Point Capital Management ULC lifted its holdings in shares of Brookfield Business by 4.6% during the 4th quarter. Cardinal Point Capital Management ULC now owns 119,133 shares of the company's stock valued at $4,263,000 after acquiring an additional 5,255 shares in the last quarter. Finally, HRT Financial LP lifted its holdings in shares of Brookfield Business by 384.1% during the 4th quarter. HRT Financial LP now owns 74,225 shares of the company's stock valued at $2,663,000 after acquiring an additional 58,891 shares in the last quarter. Hedge funds and other institutional investors own 85.04% of the company's stock.

About Brookfield Business

Brookfield Business NYSE: BBUC is a publicly traded operating company affiliated with the Brookfield group that focuses on owning and managing a portfolio of industrial and business services companies. The company’s model centers on acquiring established businesses and applying active operational oversight, capital investment and strategic management to improve performance and support long‑term growth.

Brookfield Business’s activities span a range of sectors within the industrial and services landscape, including manufacturing, industrial services, specialty distribution and business‑to‑business service providers.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.