Allspring Global Investments Holdings LLC Buys 2,069 Shares of Brookfield Infrastructure Co. (NASDAQ:BIPC)

Allspring Global Investments Holdings LLC lifted its holdings in Brookfield Infrastructure Co. (NASDAQ:BIPC – Get Rating) by 27.5% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 9,586 shares of the company’s stock after purchasing an additional 2,069 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Brookfield Infrastructure were worth $390,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Fifth Third Bancorp acquired a new position in shares of Brookfield Infrastructure in the 3rd quarter valued at approximately $28,000. UMB Bank n.a. grew its position in shares of Brookfield Infrastructure by 91.4% in the 2nd quarter. UMB Bank n.a. now owns 806 shares of the company’s stock valued at $34,000 after purchasing an additional 385 shares during the period. First PREMIER Bank boosted its position in Brookfield Infrastructure by 49.9% during the 2nd quarter. First PREMIER Bank now owns 841 shares of the company’s stock worth $36,000 after acquiring an additional 280 shares during the last quarter. Federated Hermes Inc. boosted its position in Brookfield Infrastructure by 58.9% during the 2nd quarter. Federated Hermes Inc. now owns 979 shares of the company’s stock worth $42,000 after acquiring an additional 363 shares during the last quarter. Finally, Washington Trust Advisors Inc. boosted its position in Brookfield Infrastructure by 50.1% during the 2nd quarter. Washington Trust Advisors Inc. now owns 1,154 shares of the company’s stock worth $49,000 after acquiring an additional 385 shares during the last quarter.

Brookfield Infrastructure Stock Up 0.7 %

NASDAQ:BIPC opened at $45.69 on Wednesday. Brookfield Infrastructure Co. has a twelve month low of $37.54 and a twelve month high of $53.64. The business has a 50 day moving average price of $42.90 and a two-hundred day moving average price of $44.09. The company has a market cap of $5.05 billion and a P/E ratio of 31.73.

Brookfield Infrastructure Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 30th. Stockholders of record on Wednesday, November 30th were issued a $0.36 dividend. This represents a $1.44 annualized dividend and a dividend yield of 3.15%. The ex-dividend date of this dividend was Tuesday, November 29th. Brookfield Infrastructure’s payout ratio is presently 100.00%.

About Brookfield Infrastructure

(Get Rating)

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.