Great Lakes Advisors LLC acquired a new stake in Brookfield Infrastructure Co. (NASDAQ:BIPC – Get Rating) in the first quarter, Holdings Channel reports. The firm acquired 81,473 shares of the company’s stock, valued at approximately $6,146,000.
Other institutional investors and hedge funds have also bought and sold shares of the company. UMB Bank N A MO acquired a new stake in Brookfield Infrastructure in the fourth quarter valued at $29,000. Larson Financial Group LLC acquired a new stake in Brookfield Infrastructure during the 4th quarter worth about $68,000. Financial Management Professionals Inc. acquired a new stake in Brookfield Infrastructure during the 1st quarter worth about $71,000. Eaton Vance Management grew its holdings in Brookfield Infrastructure by 130.5% during the 4th quarter. Eaton Vance Management now owns 1,766 shares of the company’s stock worth $121,000 after acquiring an additional 1,000 shares during the period. Finally, Nisa Investment Advisors LLC grew its holdings in Brookfield Infrastructure by 83.0% during the 4th quarter. Nisa Investment Advisors LLC now owns 2,470 shares of the company’s stock worth $164,000 after acquiring an additional 1,120 shares during the period.
Analyst Upgrades and Downgrades
Separately, Wells Fargo & Company increased their price target on Brookfield Infrastructure from $51.00 to $53.00 and gave the stock an “overweight” rating in a report on Thursday.
Brookfield Infrastructure Price Performance
Brookfield Infrastructure Profile
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.
- Get a free copy of the StockNews.com research report on Brookfield Infrastructure (BIPC)
- MarketBeat: Week in Review 8/1 – 8/5
- How to Use High Beta Stocks to Maximize Your Investing Profits
- Cronos Group Inc’s Revenues Are Up, Is It Time to Buy?
- Beyond Meat Is Not Beyond Hope, And It’s Cheap
- Why Apple Could Be At All-Time Highs By Year End
Receive News & Ratings for Brookfield Infrastructure Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brookfield Infrastructure and related companies with MarketBeat.com's FREE daily email newsletter.