Tudor Investment Corp ET AL Raises Position in Brookfield Infrastructure Co. $BIPC

Key Points

• Tudor Investment Corp ET AL increased its stake in Brookfield Infrastructure by 332.5% during Q3, purchasing 65,401 shares to hold 85,070 shares worth about $3.50 million (≈0.07% of the company).
• Brookfield Infrastructure has a market cap of roughly $5.08 billion; shares opened at $42.03 with a 52‑week range of $33.34–$51.72 and 50/200‑day moving averages near $45.40/$45.15.
• Analyst sentiment is negative: the consensus rating is "Sell" with an average price target of $45, after downgrades from firms including Morgan Stanley, Weiss Ratings and Wall Street Zen.

Tudor Investment Corp ET AL raised its stake in shares of Brookfield Infrastructure Co. (NYSE:BIPC - Free Report) by 332.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 85,070 shares of the company's stock after purchasing an additional 65,401 shares during the period. Tudor Investment Corp ET AL owned 0.07% of Brookfield Infrastructure worth $3,498,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. City Holding Co. purchased a new stake in Brookfield Infrastructure during the third quarter valued at approximately $25,000. Geneos Wealth Management Inc. raised its position in Brookfield Infrastructure by 338.3% during the first quarter. Geneos Wealth Management Inc. now owns 710 shares of the company's stock valued at $26,000 after purchasing an additional 548 shares during the period. Smartleaf Asset Management LLC raised its position in Brookfield Infrastructure by 374.9% during the third quarter. Smartleaf Asset Management LLC now owns 812 shares of the company's stock valued at $34,000 after purchasing an additional 641 shares during the period. Parvin Asset Management LLC purchased a new stake in Brookfield Infrastructure during the second quarter valued at approximately $36,000. Finally, Optiver Holding B.V. purchased a new stake in Brookfield Infrastructure during the third quarter valued at approximately $39,000. 70.38% of the stock is currently owned by hedge funds and other institutional investors.

Brookfield Infrastructure Stock Performance

Shares of NYSE BIPC opened at $42.03 on Friday. The business's 50 day moving average price is $45.40 and its 200-day moving average price is $45.15. Brookfield Infrastructure Co. has a fifty-two week low of $33.34 and a fifty-two week high of $51.72. The company has a market cap of $5.08 billion, a price-to-earnings ratio of 30.85 and a beta of 1.40.

Wall Street Analysts Forecast Growth

BIPC has been the topic of a number of recent research reports. Morgan Stanley restated an "underweight" rating and set a $45.00 price objective (down from $57.00) on shares of Brookfield Infrastructure in a research report on Monday, March 23rd. Weiss Ratings restated a "sell (d-)" rating on shares of Brookfield Infrastructure in a research report on Friday, March 27th. Finally, Wall Street Zen downgraded Brookfield Infrastructure from a "buy" rating to a "hold" rating in a research report on Saturday, March 28th. Two research analysts have rated the stock with a Sell rating, According to MarketBeat.com, the company presently has a consensus rating of "Sell" and an average price target of $45.00.

About Brookfield Infrastructure

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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