State of Tennessee Department of Treasury boosted its stake in Brookfield Infrastructure Co. (NASDAQ:BIPC - Free Report) by 14.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 112,962 shares of the company's stock after purchasing an additional 14,328 shares during the period. State of Tennessee Department of Treasury owned approximately 0.09% of Brookfield Infrastructure worth $4,520,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently modified their holdings of the stock. J.Safra Asset Management Corp grew its position in Brookfield Infrastructure by 55.0% in the fourth quarter. J.Safra Asset Management Corp now owns 772 shares of the company's stock valued at $31,000 after acquiring an additional 274 shares in the last quarter. Jones Financial Companies Lllp boosted its stake in shares of Brookfield Infrastructure by 217.8% in the fourth 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 period. Transce3nd LLC acquired a new stake in Brookfield Infrastructure during the 4th quarter valued at $46,000. Allworth Financial LP lifted its holdings in Brookfield Infrastructure by 42.9% in the 4th quarter. Allworth Financial LP now owns 1,320 shares of the company's stock worth $55,000 after buying an additional 396 shares in the last quarter. Finally, Morgan Dempsey Capital Management LLC lifted its holdings in Brookfield Infrastructure by 34.0% in the 4th quarter. Morgan Dempsey Capital Management LLC now owns 1,814 shares of the company's stock worth $73,000 after buying an additional 460 shares in the last quarter. Hedge funds and other institutional investors own 70.38% of the company's stock.
Brookfield Infrastructure Stock Down 2.3 %
Shares of Brookfield Infrastructure stock traded down $0.85 during trading hours on Thursday, hitting $36.60. 186,301 shares of the company's stock traded hands, compared to its average volume of 647,917. Brookfield Infrastructure Co. has a twelve month low of $31.28 and a twelve month high of $45.29. The stock has a 50 day simple moving average of $36.39 and a 200-day simple moving average of $39.84. The company has a market cap of $4.36 billion, a PE ratio of 25.41 and a beta of 1.48.
Brookfield Infrastructure Profile
(
Free Report)
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.
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