Corient Private Wealth LLC Has $487,000 Stock Position in Brookfield Infrastructure Co. (NASDAQ:BIPC)

Corient Private Wealth LLC lowered its stake in Brookfield Infrastructure Co. (NASDAQ:BIPCFree Report) by 78.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 13,811 shares of the company’s stock after selling 50,557 shares during the quarter. Corient Private Wealth LLC’s holdings in Brookfield Infrastructure were worth $487,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the stock. New York State Common Retirement Fund raised its stake in Brookfield Infrastructure by 2.7% during the 3rd quarter. New York State Common Retirement Fund now owns 39,741 shares of the company’s stock worth $1,404,000 after buying an additional 1,041 shares during the period. Quantbot Technologies LP grew its position in shares of Brookfield Infrastructure by 369.0% in the 3rd quarter. Quantbot Technologies LP now owns 7,846 shares of the company’s stock valued at $277,000 after purchasing an additional 6,173 shares during the period. Avantax Advisory Services Inc. bought a new stake in Brookfield Infrastructure during the 3rd quarter worth approximately $520,000. Amalgamated Bank raised its holdings in Brookfield Infrastructure by 10.8% during the 3rd quarter. Amalgamated Bank now owns 11,248 shares of the company’s stock worth $398,000 after buying an additional 1,093 shares during the period. Finally, Swiss National Bank lifted its stake in Brookfield Infrastructure by 21.5% in the third quarter. Swiss National Bank now owns 266,677 shares of the company’s stock valued at $9,508,000 after buying an additional 47,200 shares in the last quarter. Institutional investors and hedge funds own 70.38% of the company’s stock.

Brookfield Infrastructure Stock Up 0.2 %

Brookfield Infrastructure stock opened at $34.77 on Friday. The company has a 50 day moving average of $33.30 and a 200-day moving average of $34.10. Brookfield Infrastructure Co. has a twelve month low of $25.48 and a twelve month high of $48.23. The stock has a market capitalization of $4.59 billion, a PE ratio of 24.15 and a beta of 1.44.

Brookfield Infrastructure Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, May 31st will be issued a dividend of $0.405 per share. This represents a $1.62 dividend on an annualized basis and a yield of 4.66%. The ex-dividend date is Friday, May 31st. Brookfield Infrastructure’s dividend payout ratio (DPR) is presently 112.50%.

Brookfield Infrastructure Company 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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Institutional Ownership by Quarter for Brookfield Infrastructure (NASDAQ:BIPC)

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