Brookfield Infrastructure Co. (NASDAQ:BIPC) Shares Sold by Jane Street Group LLC

Jane Street Group LLC cut its holdings in Brookfield Infrastructure Co. (NASDAQ:BIPC - Free Report) by 63.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 44,751 shares of the company's stock after selling 79,269 shares during the period. Jane Street Group LLC's holdings in Brookfield Infrastructure were worth $1,790,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of BIPC. Barclays PLC increased its holdings in shares of Brookfield Infrastructure by 234.0% in the 3rd quarter. Barclays PLC now owns 198,571 shares of the company's stock valued at $8,622,000 after acquiring an additional 139,112 shares during the last quarter. Procyon Advisors LLC boosted its holdings in Brookfield Infrastructure by 12.0% in the fourth quarter. Procyon Advisors LLC now owns 30,178 shares of the company's stock valued at $1,207,000 after purchasing an additional 3,228 shares in the last quarter. Addenda Capital Inc. increased its stake in Brookfield Infrastructure by 120.2% in the fourth quarter. Addenda Capital Inc. now owns 13,870 shares of the company's stock valued at $555,000 after purchasing an additional 7,570 shares during the last quarter. SG Americas Securities LLC raised its holdings in Brookfield Infrastructure by 31.6% during the fourth quarter. SG Americas Securities LLC now owns 48,414 shares of the company's stock worth $1,937,000 after purchasing an additional 11,614 shares in the last quarter. Finally, Janney Montgomery Scott LLC lifted its position in shares of Brookfield Infrastructure by 6.6% during the 4th quarter. Janney Montgomery Scott LLC now owns 5,057 shares of the company's stock worth $202,000 after buying an additional 312 shares during the last quarter. 70.38% of the stock is owned by hedge funds and other institutional investors.

Brookfield Infrastructure Price Performance

Shares of Brookfield Infrastructure stock traded down $0.65 during trading hours on Wednesday, hitting $38.86. The company had a trading volume of 585,118 shares, compared to its average volume of 536,744. The company's 50-day moving average is $36.48 and its two-hundred day moving average is $39.41. The company has a market cap of $4.63 billion, a P/E ratio of 26.99 and a beta of 1.38. Brookfield Infrastructure Co. has a twelve month low of $32.08 and a twelve month high of $45.29.

Brookfield Infrastructure Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, May 30th will be paid a $0.43 dividend. The ex-dividend date of this dividend is Friday, May 30th. This represents a $1.72 annualized dividend and a yield of 4.43%. Brookfield Infrastructure's dividend payout ratio is presently 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.