Benjamin F. Edwards & Company Inc. Has $289,000 Position in Brookfield Co. (NYSE:BN)

Benjamin F. Edwards & Company Inc. raised its position in Brookfield Co. (NYSE:BN) by 1,049.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,181 shares of the company’s stock after buying an additional 6,556 shares during the quarter. Benjamin F. Edwards & Company Inc.’s holdings in Brookfield were worth $289,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in BN. Fidelis Capital Partners LLC lifted its position in shares of Brookfield by 5.3% during the 4th quarter. Fidelis Capital Partners LLC now owns 7,334 shares of the company’s stock valued at $294,000 after acquiring an additional 372 shares during the period. Mckinley Capital Management LLC lifted its position in Brookfield by 1.6% during the third quarter. Mckinley Capital Management LLC now owns 26,074 shares of the company’s stock worth $815,000 after purchasing an additional 410 shares during the period. Moors & Cabot Inc. grew its stake in Brookfield by 3.1% during the third quarter. Moors & Cabot Inc. now owns 13,891 shares of the company’s stock worth $434,000 after buying an additional 416 shares in the last quarter. Yousif Capital Management LLC increased its holdings in Brookfield by 1.6% in the 3rd quarter. Yousif Capital Management LLC now owns 27,117 shares of the company’s stock valued at $848,000 after buying an additional 420 shares during the period. Finally, Herold Advisors Inc. raised its position in shares of Brookfield by 0.8% in the 3rd quarter. Herold Advisors Inc. now owns 59,782 shares of the company’s stock valued at $1,878,000 after buying an additional 500 shares in the last quarter. Institutional investors own 61.60% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. CIBC lifted their price objective on shares of Brookfield from $46.00 to $52.00 and gave the company an “outperform” rating in a research note on Friday, February 9th. Royal Bank of Canada lowered their price target on Brookfield from $53.00 to $51.00 and set an “outperform” rating for the company in a report on Monday, April 29th. Scotiabank raised their price objective on Brookfield from $49.00 to $50.00 and gave the company a “sector outperform” rating in a research note on Friday, February 9th. TD Securities boosted their target price on Brookfield from $61.00 to $62.00 and gave the stock an “action list buy” rating in a research note on Sunday, February 11th. Finally, TheStreet upgraded shares of Brookfield from a “c” rating to a “b” rating in a research note on Thursday, February 8th. Two equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Brookfield currently has an average rating of “Moderate Buy” and an average target price of $47.25.

Brookfield Stock Up 0.6 %

NYSE:BN opened at $44.24 on Friday. The company has a debt-to-equity ratio of 1.35, a current ratio of 1.15 and a quick ratio of 0.99. Brookfield Co. has a one year low of $28.84 and a one year high of $44.25. The firm’s 50 day simple moving average is $41.10 and its 200 day simple moving average is $38.59. The company has a market cap of $72.64 billion, a PE ratio of 71.36 and a beta of 1.48.

Brookfield (NYSE:BN) last issued its quarterly earnings data on Thursday, February 8th. The company reported $0.83 earnings per share for the quarter, topping the consensus estimate of $0.69 by $0.14. The company had revenue of $24.52 billion for the quarter, compared to analysts’ expectations of $1.15 billion. Brookfield had a net margin of 1.18% and a return on equity of 3.22%. Brookfield’s revenue for the quarter was up 1.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.12 earnings per share. On average, research analysts anticipate that Brookfield Co. will post 3.35 earnings per share for the current year.

Insider Buying and Selling at Brookfield

In other Brookfield news, Director Ocm Growth Holdings Llc sold 1,000,000 shares of the stock in a transaction that occurred on Monday, March 18th. The shares were sold at an average price of $11.33, for a total transaction of $11,330,000.00. Following the completion of the sale, the director now owns 15,492,168 shares of the company’s stock, valued at approximately $175,526,263.44. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, major shareholder Oaktree Capital Group Holdings sold 7,131 shares of the firm’s stock in a transaction that occurred on Wednesday, April 24th. The stock was sold at an average price of $21.75, for a total transaction of $155,099.25. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Ocm Growth Holdings Llc sold 1,000,000 shares of the business’s stock in a transaction that occurred on Monday, March 18th. The shares were sold at an average price of $11.33, for a total value of $11,330,000.00. Following the completion of the transaction, the director now directly owns 15,492,168 shares in the company, valued at $175,526,263.44. The disclosure for this sale can be found here. Corporate insiders own 11.00% of the company’s stock.

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.