Wall Street Zen Upgrades Brookfield Business (NYSE:BBUC) to "Buy"

Key Points

• Wall Street Zen upgraded Brookfield Business (NYSE:BBUC) from a "hold" to a "buy" rating in its latest report.
• Despite that upgrade, other analysts are mixed — Zacks recently moved the stock to "hold" while Weiss Ratings keeps a "sell (d-)", leaving the MarketBeat consensus as "Reduce".
• Institutional ownership is high at 85.04%, with sizable fourth‑quarter increases by Millennium Management and HRT Financial and new stakes from firms including Los Angeles Capital, Marshall Wace, and Qube Research.

Brookfield Business (NYSE:BBUC - Get Free Report) was upgraded by Wall Street Zen from a "hold" rating to a "buy" rating in a report released on Saturday.

BBUC has been the topic of several other research reports. Zacks Research upgraded shares of Brookfield Business from a "strong sell" rating to a "hold" rating in a research note on Tuesday, March 31st. Weiss Ratings restated a "sell (d-)" rating on shares of Brookfield Business in a research note on Monday, December 29th. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Reduce".

Brookfield Business Stock Down 0.3%

Shares of NYSE BBUC opened at $33.42 on Friday. The company's 50-day moving average is $33.35. The company has a debt-to-equity ratio of 2.91, a quick ratio of 1.39 and a current ratio of 1.67. The stock has a market cap of $6.92 billion, a P/E ratio of -128.52 and a beta of 1.32. Brookfield Business has a 52-week low of $24.75 and a 52-week high of $38.25.

Institutional Investors Weigh In On Brookfield Business

Several large investors have recently bought and sold shares of BBUC. Millennium Management LLC increased its position in Brookfield Business by 335.6% in the fourth quarter. Millennium Management LLC now owns 295,351 shares of the company's stock worth $10,597,000 after purchasing an additional 227,555 shares during the last quarter. HRT Financial LP increased its position in Brookfield Business by 384.1% during the fourth quarter. HRT Financial LP now owns 74,225 shares of the company's stock valued at $2,663,000 after acquiring an additional 58,891 shares during the last quarter. Los Angeles Capital Management LLC bought a new position in Brookfield Business during the fourth quarter valued at $1,655,000. Marshall Wace LLP bought a new position in Brookfield Business during the fourth quarter valued at $1,402,000. Finally, Qube Research & Technologies Ltd bought a new position in Brookfield Business during the third quarter valued at $907,000. Institutional investors own 85.04% of the company's stock.

Brookfield Business Company Profile

Brookfield Business NYSE: BBUC is a publicly traded operating company affiliated with the Brookfield group that focuses on owning and managing a portfolio of industrial and business services companies. The company’s model centers on acquiring established businesses and applying active operational oversight, capital investment and strategic management to improve performance and support long‑term growth.

Brookfield Business’s activities span a range of sectors within the industrial and services landscape, including manufacturing, industrial services, specialty distribution and business‑to‑business service providers.

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