17,388 Shares in Brookfield Co. (NYSE:BN) Acquired by XTX Topco Ltd

XTX Topco Ltd bought a new stake in Brookfield Co. (NYSE:BN - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 17,388 shares of the company's stock, valued at approximately $999,000.

A number of other large investors have also recently bought and sold shares of BN. Barclays PLC boosted its position in Brookfield by 9.2% during the fourth quarter. Barclays PLC now owns 77,947 shares of the company's stock valued at $4,478,000 after purchasing an additional 6,545 shares during the last quarter. Synovus Financial Corp increased its stake in shares of Brookfield by 1.8% during the 4th quarter. Synovus Financial Corp now owns 93,069 shares of the company's stock worth $5,347,000 after purchasing an additional 1,678 shares during the last quarter. Stamos Capital Partners L.P. raised its holdings in shares of Brookfield by 52.8% in the 4th quarter. Stamos Capital Partners L.P. now owns 35,270 shares of the company's stock valued at $2,026,000 after purchasing an additional 12,180 shares during the period. TT Capital Management LLC bought a new position in Brookfield during the fourth quarter worth about $674,000. Finally, Rockefeller Capital Management L.P. increased its position in Brookfield by 6.3% during the fourth quarter. Rockefeller Capital Management L.P. now owns 191,926 shares of the company's stock worth $11,025,000 after buying an additional 11,298 shares during the last quarter. Institutional investors and hedge funds own 61.60% of the company's stock.

Brookfield Price Performance

Shares of BN traded down $1.47 during trading hours on Monday, hitting $48.23. 590,845 shares of the company were exchanged, compared to its average volume of 2,797,086. The company has a market cap of $79.42 billion, a price-to-earnings ratio of 160.78 and a beta of 1.60. The firm's fifty day moving average is $53.20 and its 200 day moving average is $55.92. Brookfield Co. has a fifty-two week low of $38.89 and a fifty-two 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.

Brookfield (NYSE:BN - Get Free Report) last released its earnings results on Thursday, February 13th. The company reported $1.01 EPS for the quarter, beating 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%. On average, equities analysts anticipate that Brookfield Co. will post 3.85 earnings per share for the current fiscal year.

Brookfield Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 14th were given a dividend of $0.09 per share. The ex-dividend date was Friday, March 14th. This represents a $0.36 annualized dividend and a yield of 0.75%. Brookfield's dividend payout ratio is currently 120.00%.

Analyst Upgrades and Downgrades

BN has been the topic of a number of research analyst reports. Morgan Stanley dropped their price target on Brookfield from $83.00 to $61.00 and set an "overweight" rating on the stock in a research note on Monday, April 14th. TD Securities lifted their target price on shares of Brookfield from $74.00 to $75.00 and gave the stock a "buy" rating in a report on Tuesday, February 11th. Scotiabank lowered their price target on shares of Brookfield from $71.00 to $68.00 and set a "sector outperform" rating on the stock in a report on Monday, April 7th. JPMorgan Chase & Co. reduced their price objective on Brookfield from $66.00 to $65.00 and set an "overweight" rating for the company in a report on Thursday. Finally, CIBC lifted their price target on Brookfield from $68.00 to $70.00 and gave the stock an "outperformer" rating in a report on Thursday, January 23rd. One research analyst has rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus 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.