Brookfield Co. (NYSE:BN) is AMS Capital Ltda's 10th Largest Position

AMS Capital Ltda raised its stake in Brookfield Co. (NYSE:BN - Free Report) by 98.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 190,767 shares of the company's stock after purchasing an additional 94,557 shares during the quarter. Brookfield comprises about 4.1% of AMS Capital Ltda's investment portfolio, making the stock its 10th biggest position. AMS Capital Ltda's holdings in Brookfield were worth $9,985,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also modified their holdings of BN. Strategic Wealth Partners Ltd. raised its stake in Brookfield by 1.7% during the 4th quarter. Strategic Wealth Partners Ltd. now owns 10,229 shares of the company's stock valued at $618,000 after purchasing an additional 170 shares during the period. Haverford Trust Co lifted its stake in Brookfield by 4.7% during the fourth quarter. Haverford Trust Co now owns 4,308 shares of the company's stock worth $247,000 after purchasing an additional 192 shares during the period. Orion Portfolio Solutions LLC raised its stake in shares of Brookfield by 1.2% in the fourth quarter. Orion Portfolio Solutions LLC now owns 16,616 shares of the company's stock valued at $955,000 after acquiring an additional 197 shares during the last quarter. Pittenger & Anderson Inc. grew its holdings in Brookfield by 14.9% during the 4th quarter. Pittenger & Anderson Inc. now owns 1,563 shares of the company's stock worth $90,000 after acquiring an additional 203 shares during the last quarter. Finally, Citizens Financial Group Inc. RI raised its position in Brookfield by 5.8% in the 4th quarter. Citizens Financial Group Inc. RI now owns 4,350 shares of the company's stock worth $250,000 after purchasing an additional 240 shares during the last quarter. 61.60% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on BN. TD Securities reduced their target price on shares of Brookfield from $77.00 to $74.00 and set a "buy" rating for the company in a research note on Monday, May 5th. Morgan Stanley reiterated an "overweight" rating on shares of Brookfield in a research report on Monday, May 19th. Wall Street Zen downgraded shares of Brookfield from a "hold" rating to a "sell" rating in a research note on Saturday, May 31st. CIBC decreased their price target on shares of Brookfield from $74.00 to $72.00 and set an "outperformer" rating for the company in a research note on Friday, May 9th. Finally, Scotiabank reduced their price objective on shares of Brookfield from $71.00 to $68.00 and set a "sector outperform" rating for the company in a report on Monday, April 7th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and six have issued a buy rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $63.00.

Brookfield Price Performance

NYSE:BN traded up $0.16 during trading hours on Thursday, hitting $58.06. 1,022,094 shares of the stock traded hands, compared to its average volume of 2,710,713. The company has a quick ratio of 1.09, a current ratio of 1.21 and a debt-to-equity ratio of 1.40. Brookfield Co. has a 1 year low of $39.97 and a 1 year high of $62.78. The company has a market cap of $95.66 billion, a price-to-earnings ratio of 193.55 and a beta of 1.66. The stock has a 50 day moving average price of $53.90 and a 200 day moving average price of $56.21.

Brookfield (NYSE:BN - Get Free Report) last announced its earnings results on Thursday, May 8th. The company reported $0.98 EPS for the quarter, topping analysts' consensus estimates of $0.90 by $0.08. Brookfield had a return on equity of 3.93% and a net margin of 0.75%. The firm had revenue of $1.37 billion during the quarter, compared to analysts' expectations of $1.36 billion. Sell-side analysts forecast that Brookfield Co. will post 3.85 EPS for the current fiscal year.

Brookfield Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 13th will be issued a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a yield of 0.62%. The ex-dividend date of this dividend is Friday, June 13th. Brookfield's payout ratio is 128.57%.

About Brookfield

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.