Third View Private Wealth LLC Invests $1.80 Million in Brookfield Infrastructure Co. $BIPC

Key Points

• Third View Private Wealth LLC established a new position in Brookfield Infrastructure (NYSE: BIPC) in Q4, acquiring 39,667 shares valued at about $1.80 million.
• Institutional investors own 70.38% of the stock, with several funds increasing exposure—Goldman Sachs now holds 1,043,808 shares (≈$37.8 million).
• Analyst sentiment is weak: the stock’s average rating is "Sell" with an average price target of $45.00, and shares traded at $42.17, below the ~50- and 200-day moving averages near $45.

Third View Private Wealth LLC acquired a new position in Brookfield Infrastructure Co. (NYSE:BIPC - Free Report) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 39,667 shares of the company's stock, valued at approximately $1,801,000.

A number of other large investors have also recently made changes to their positions in BIPC. AQR Capital Management LLC bought a new stake in shares of Brookfield Infrastructure in the 1st quarter worth approximately $257,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Brookfield Infrastructure by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 71,451 shares of the company's stock valued at $2,586,000 after purchasing an additional 3,125 shares in the last quarter. NewEdge Advisors LLC boosted its position in shares of Brookfield Infrastructure by 285.9% during the first quarter. NewEdge Advisors LLC now owns 10,250 shares of the company's stock valued at $371,000 after purchasing an additional 7,594 shares in the last quarter. Jones Financial Companies Lllp boosted its position in shares of Brookfield Infrastructure by 752.7% during the first quarter. Jones Financial Companies Lllp now owns 9,431 shares of the company's stock valued at $341,000 after purchasing an additional 8,325 shares in the last quarter. Finally, Goldman Sachs Group Inc. boosted its position in shares of Brookfield Infrastructure by 1.8% during the first quarter. Goldman Sachs Group Inc. now owns 1,043,808 shares of the company's stock valued at $37,775,000 after purchasing an additional 18,648 shares in the last quarter. 70.38% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. Weiss Ratings restated a "sell (d-)" rating on shares of Brookfield Infrastructure in a research report on Friday, March 27th. Wall Street Zen lowered Brookfield Infrastructure from a "buy" rating to a "hold" rating in a research report on Saturday, March 28th. Finally, Morgan Stanley restated an "underweight" rating and set a $45.00 price target (down from $57.00) on shares of Brookfield Infrastructure in a research report on Monday, March 23rd. Two investment analysts have rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has an average rating of "Sell" and an average price target of $45.00.

Brookfield Infrastructure Trading Up 0.4%

Shares of NYSE:BIPC opened at $42.17 on Tuesday. The stock has a fifty day simple moving average of $45.27 and a two-hundred day simple moving average of $45.22. The stock has a market capitalization of $5.19 billion, a price-to-earnings ratio of 30.85 and a beta of 1.40. Brookfield Infrastructure Co. has a 12-month low of $34.38 and a 12-month high of $51.72.

Brookfield Infrastructure Company Profile

Brookfield Infrastructure NYSE: BIPC is a global owner, operator and investor in essential infrastructure assets. As the corporate class of Brookfield Infrastructure Partners L.P., the company provides exposure to a diversified portfolio spanning utilities, transport, energy midstream and data infrastructure. Its holdings generate stable cash flows underpinned by regulated or long-term contracted revenue streams.

Since its formation in 2008 and U.S. listing in 2017, Brookfield Infrastructure has pursued a disciplined strategy of acquiring and managing high-quality infrastructure businesses.

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