Brookfield Infrastructure Co. (NASDAQ:BIPC) Shares Purchased by Captrust Financial Advisors

Captrust Financial Advisors increased its holdings in shares of Brookfield Infrastructure Co. (NASDAQ:BIPC) by 3.4% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 14,924 shares of the company’s stock after acquiring an additional 493 shares during the period. Captrust Financial Advisors’ holdings in Brookfield Infrastructure were worth $648,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. FMR LLC raised its position in Brookfield Infrastructure by 5.7% in the third quarter. FMR LLC now owns 12,453,146 shares of the company’s stock valued at $540,840,000 after purchasing an additional 673,427 shares during the period. Bank of Montreal Can boosted its stake in Brookfield Infrastructure by 3.9% in the second quarter. Bank of Montreal Can now owns 4,527,120 shares of the company’s stock valued at $153,880,000 after acquiring an additional 169,892 shares in the last quarter. Principal Financial Group Inc. boosted its stake in Brookfield Infrastructure by 9.0% in the second quarter. Principal Financial Group Inc. now owns 2,872,954 shares of the company’s stock valued at $96,704,000 after acquiring an additional 236,355 shares in the last quarter. Copeland Capital Management LLC raised its holdings in shares of Brookfield Infrastructure by 1.2% in the third quarter. Copeland Capital Management LLC now owns 2,081,877 shares of the company’s stock valued at $90,416,000 after buying an additional 23,882 shares during the last quarter. Finally, National Bank of Canada FI raised its holdings in shares of Brookfield Infrastructure by 2.7% in the second quarter. National Bank of Canada FI now owns 1,272,758 shares of the company’s stock valued at $41,935,000 after buying an additional 33,541 shares during the last quarter. 70.38% of the stock is currently owned by institutional investors and hedge funds.

Brookfield Infrastructure Stock Down 0.9 %

NASDAQ BIPC opened at $42.14 on Thursday. The stock has a market capitalization of $5.56 billion, a P/E ratio of 29.32 and a beta of 1.45. Brookfield Infrastructure Co. has a 52-week low of $28.47 and a 52-week high of $45.29. The firm has a 50-day moving average price of $42.96 and a 200 day moving average price of $39.46.

Brookfield Infrastructure Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, November 29th will be given a dividend of $0.405 per share. The ex-dividend date is Friday, November 29th. This represents a $1.62 annualized dividend and a yield of 3.84%. Brookfield Infrastructure’s payout ratio is currently 112.50%.

Brookfield Infrastructure Company 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.