Brookfield Business (NYSE:BBUC) Upgraded to "Buy" at Wall Street Zen

Key Points

• Wall Street Zen upgraded Brookfield Business (BBUC) from "sell" to "buy", but other firms remain cautious—Weiss Ratings retains a "sell (d-)," Zacks moved to "hold," and the MarketBeat consensus is "Reduce".
• Key fundamentals show risk: market cap ~$3.02 billion, negative P/E (-132.51), very low liquidity (current ratio 0.27, quick ratio 0.19) and high leverage (debt-to-equity 2.84).
• Institutional ownership stands at ~85%, with sizable recent purchases by Millennium Management and HRT Financial and new stakes from Los Angeles Capital, Marshall Wace and Qube Research.

Brookfield Business (NYSE:BBUC - Get Free Report) was upgraded by Wall Street Zen from a "sell" rating to a "buy" rating in a research note issued to investors on Saturday.

Several other research firms also recently commented on BBUC. Weiss Ratings reiterated a "sell (d-)" rating on shares of Brookfield Business in a research note on Monday, December 29th. Zacks Research raised Brookfield Business from a "strong sell" rating to a "hold" rating in a research report on Tuesday. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Reduce".

Brookfield Business Stock Down 0.0%

BBUC stock opened at $34.45 on Friday. The firm has a market cap of $3.02 billion, a PE ratio of -132.51 and a beta of 1.32. Brookfield Business has a 52 week low of $21.52 and a 52 week high of $38.25. 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 stock has a 50 day moving average of $33.93.

Institutional Trading of Brookfield Business

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Millennium Management LLC lifted its holdings in Brookfield Business by 335.6% in the fourth 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. HRT Financial LP grew its stake 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 worth $2,663,000 after purchasing an additional 58,891 shares during the period. Los Angeles Capital Management LLC purchased a new position in shares of Brookfield Business during the 4th quarter valued at approximately $1,655,000. Marshall Wace LLP purchased a new position in shares of Brookfield Business during the 4th quarter valued at approximately $1,402,000. Finally, Qube Research & Technologies Ltd acquired a new position in shares of Brookfield Business in the 3rd quarter valued at $907,000. 85.04% of the stock is owned by institutional investors and hedge funds.

Brookfield Business Company Profile

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.

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