Capital Advisors Inc. OK Purchases 57,345 Shares of Brookfield Co. (NYSE:BN)

Capital Advisors Inc. OK grew its position in Brookfield Co. (NYSE:BN - Free Report) by 7.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 868,857 shares of the company's stock after purchasing an additional 57,345 shares during the quarter. Capital Advisors Inc. OK owned approximately 0.05% of Brookfield worth $34,859,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the company. FinTrust Capital Advisors LLC acquired a new position in Brookfield during the 3rd quarter worth $25,000. Sunbelt Securities Inc. increased its position in Brookfield by 4,670.6% in the 3rd quarter. Sunbelt Securities Inc. now owns 811 shares of the company's stock worth $25,000 after buying an additional 794 shares during the period. Tower Research Capital LLC TRC bought a new position in Brookfield in the 3rd quarter worth approximately $30,000. Ronald Blue Trust Inc. lifted its holdings in shares of Brookfield by 102.6% during the third quarter. Ronald Blue Trust Inc. now owns 1,021 shares of the company's stock worth $34,000 after buying an additional 517 shares during the last quarter. Finally, Castleview Partners LLC bought a new stake in shares of Brookfield in the third quarter valued at approximately $34,000. 61.60% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

BN has been the subject of several research analyst reports. BMO Capital Markets upped their target price on shares of Brookfield from $42.00 to $44.00 and gave the company an "outperform" rating in a research note on Friday, February 9th. Scotiabank increased their target price on shares of Brookfield from $49.00 to $50.00 and gave the company a "sector outperform" rating in a research note on Friday, February 9th. TheStreet upgraded Brookfield from a "c" rating to a "b" rating in a research note on Thursday, February 8th. Canaccord Genuity Group upped their price target on Brookfield from $41.00 to $42.50 and gave the company a "hold" rating in a report on Friday, February 9th. Finally, TD Securities lifted their price objective on Brookfield from $61.00 to $62.00 and gave the stock an "action list buy" rating in a report on Sunday, February 11th. Two investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Brookfield has a consensus rating of "Moderate Buy" and an average target price of $47.45.

Insider Activity at Brookfield

In other news, Director Ocm Growth Holdings Llc sold 1,000,000 shares of the business's stock in a transaction on Monday, March 18th. The stock was sold at an average price of $11.33, for a total transaction of $11,330,000.00. Following the completion of the sale, the director now owns 15,492,168 shares in the company, valued at $175,526,263.44. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 11.00% of the stock is currently owned by company insiders.

Brookfield Price Performance

Shares of BN traded down $0.42 during trading hours on Friday, hitting $39.30. The stock had a trading volume of 3,805,399 shares, compared to its average volume of 2,599,657. The stock has a market capitalization of $64.48 billion, a price-to-earnings ratio of 63.39 and a beta of 1.49. Brookfield Co. has a 52 week low of $28.84 and a 52 week high of $43.17. The company has a debt-to-equity ratio of 1.35, a current ratio of 1.15 and a quick ratio of 0.99. The company's fifty day moving average is $40.88 and its two-hundred day moving average is $37.39.

Brookfield (NYSE:BN - Get Free Report) last announced its earnings results on Thursday, February 8th. The company reported $0.83 EPS for the quarter, topping the consensus estimate of $0.69 by $0.14. Brookfield had a return on equity of 3.22% and a net margin of 1.18%. The business had revenue of $24.52 billion for the quarter, compared to the consensus estimate of $1.15 billion. During the same period in the previous year, the business earned $1.12 EPS. Brookfield's revenue was up 1.3% compared to the same quarter last year. On average, analysts anticipate that Brookfield Co. will post 3.75 EPS for the current year.

Brookfield Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Wednesday, March 13th were paid a dividend of $0.08 per share. This is a boost from Brookfield's previous quarterly dividend of $0.07. This represents a $0.32 annualized dividend and a dividend yield of 0.81%. The ex-dividend date was Tuesday, March 12th. Brookfield's dividend payout ratio is 51.61%.

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.