UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Sells 6,361 Shares of Brookfield Infrastructure Co. (NASDAQ:BIPC)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC cut its position in shares of Brookfield Infrastructure Co. (NASDAQ:BIPC - Free Report) by 4.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 125,443 shares of the company's stock after selling 6,361 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.11% of Brookfield Infrastructure worth $5,019,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of BIPC. J.Safra Asset Management Corp increased its position in shares of Brookfield Infrastructure by 55.0% during the 4th quarter. J.Safra Asset Management Corp now owns 772 shares of the company's stock valued at $31,000 after purchasing an additional 274 shares during the last quarter. Jones Financial Companies Lllp increased its position in shares of Brookfield Infrastructure by 217.8% during the 4th quarter. Jones Financial Companies Lllp now owns 1,106 shares of the company's stock valued at $44,000 after purchasing an additional 758 shares during the last quarter. Transce3nd LLC bought a new position in shares of Brookfield Infrastructure during the 4th quarter valued at about $46,000. Allworth Financial LP increased its position in shares of Brookfield Infrastructure by 42.9% during the 4th quarter. Allworth Financial LP now owns 1,320 shares of the company's stock valued at $55,000 after purchasing an additional 396 shares during the last quarter. Finally, Dunhill Financial LLC bought a new position in shares of Brookfield Infrastructure during the 4th quarter valued at about $69,000. 70.38% of the stock is currently owned by institutional investors.

Brookfield Infrastructure Stock Up 0.5%

Shares of Brookfield Infrastructure stock traded up $0.19 during trading on Thursday, hitting $40.89. 609,389 shares of the stock traded hands, compared to its average volume of 548,175. The stock has a market cap of $4.87 billion, a price-to-earnings ratio of 28.39 and a beta of 1.38. The firm's fifty day moving average is $37.30 and its 200-day moving average is $39.20. Brookfield Infrastructure Co. has a 52 week low of $32.08 and a 52 week high of $45.29.

Brookfield Infrastructure Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, May 30th will be given a dividend of $0.43 per share. The ex-dividend date of this dividend is Friday, May 30th. This represents a $1.72 annualized dividend and a dividend yield of 4.21%. Brookfield Infrastructure's dividend payout ratio (DPR) 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.