Brookfield Co. (NYSE:BN) Shares Purchased by Natixis

Natixis increased its position in shares of Brookfield Co. (NYSE:BN - Free Report) by 138.2% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 25,519 shares of the company's stock after purchasing an additional 14,804 shares during the quarter. Natixis' holdings in Brookfield were worth $1,466,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in the company. Compass Planning Associates Inc acquired a new position in Brookfield during the fourth quarter worth $30,000. Bank Julius Baer & Co. Ltd Zurich purchased a new stake in shares of Brookfield in the fourth quarter valued at about $48,000. Promus Capital LLC acquired a new stake in Brookfield during the fourth quarter worth about $55,000. Pinnacle Bancorp Inc. raised its stake in Brookfield by 29.5% during the fourth quarter. Pinnacle Bancorp Inc. now owns 969 shares of the company's stock worth $56,000 after purchasing an additional 221 shares during the period. Finally, Albion Financial Group UT acquired a new position in Brookfield in the 4th quarter valued at about $57,000. 61.60% of the stock is owned by institutional investors and hedge funds.

Brookfield Trading Up 0.2 %

NYSE:BN traded up $0.08 on Monday, reaching $53.33. 505,448 shares of the company's stock were exchanged, compared to its average volume of 2,804,466. The firm has a market capitalization of $87.86 billion, a price-to-earnings ratio of 177.63 and a beta of 1.60. Brookfield Co. has a 52-week low of $39.78 and a 52-week high of $62.78. The company has a quick ratio of 1.09, a current ratio of 1.21 and a debt-to-equity ratio of 1.40. The business has a fifty day moving average of $52.27 and a 200-day moving average of $55.86.

Brookfield (NYSE:BN - Get Free Report) last announced its earnings results on Thursday, February 13th. The company reported $1.01 earnings per share for the quarter, topping the consensus estimate of $0.88 by $0.13. Brookfield had a net margin of 0.75% and a return on equity of 3.93%. As a group, analysts expect that Brookfield Co. will post 3.85 earnings per share for the current year.

Brookfield Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 14th were issued a $0.09 dividend. The ex-dividend date was Friday, March 14th. This represents a $0.36 dividend on an annualized basis and a yield of 0.68%. Brookfield's dividend payout ratio (DPR) is presently 120.00%.

Analyst Ratings Changes

Several analysts have recently commented on BN shares. TD Securities lifted their price target on shares of Brookfield from $74.00 to $75.00 and gave the company a "buy" rating in a research report on Tuesday, February 11th. Scotiabank decreased their price target on Brookfield from $71.00 to $68.00 and set a "sector outperform" rating on the stock in a research note on Monday, April 7th. JPMorgan Chase & Co. cut their price objective on Brookfield from $66.00 to $65.00 and set an "overweight" rating for the company in a research report on Thursday, April 17th. Morgan Stanley decreased their target price on shares of Brookfield from $83.00 to $61.00 and set an "overweight" rating on the stock in a research report on Monday, April 14th. Finally, CIBC lifted their price target on shares of Brookfield from $68.00 to $70.00 and gave the company an "outperformer" rating in a research report on Thursday, January 23rd. One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $62.88.

Brookfield Profile

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.