Personal CFO Solutions LLC Has $299,000 Holdings in Brookfield Infrastructure Co. (NASDAQ:BIPC)

Personal CFO Solutions LLC lifted its holdings in Brookfield Infrastructure Co. (NASDAQ:BIPCFree Report) by 8.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 8,461 shares of the company’s stock after purchasing an additional 663 shares during the period. Personal CFO Solutions LLC’s holdings in Brookfield Infrastructure were worth $299,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of BIPC. Pacifica Partners Inc. lifted its position in Brookfield Infrastructure by 7.5% during the 4th quarter. Pacifica Partners Inc. now owns 4,968 shares of the company’s stock worth $175,000 after acquiring an additional 347 shares during the last quarter. Allworth Financial LP lifted its position in Brookfield Infrastructure by 169.8% during the 4th quarter. Allworth Financial LP now owns 707 shares of the company’s stock worth $25,000 after acquiring an additional 445 shares during the last quarter. Belpointe Asset Management LLC lifted its position in Brookfield Infrastructure by 8.5% during the 3rd quarter. Belpointe Asset Management LLC now owns 6,213 shares of the company’s stock worth $220,000 after acquiring an additional 488 shares during the last quarter. HighTower Advisors LLC lifted its position in Brookfield Infrastructure by 7.9% during the 3rd quarter. HighTower Advisors LLC now owns 8,111 shares of the company’s stock worth $289,000 after acquiring an additional 597 shares during the last quarter. Finally, SRS Capital Advisors Inc. lifted its position in Brookfield Infrastructure by 413.1% during the 4th quarter. SRS Capital Advisors Inc. now owns 1,021 shares of the company’s stock worth $36,000 after acquiring an additional 822 shares during the last quarter. Institutional investors and hedge funds own 70.38% of the company’s stock.

Brookfield Infrastructure Price Performance

Brookfield Infrastructure stock opened at $33.13 on Tuesday. The firm has a market cap of $4.37 billion, a price-to-earnings ratio of 23.01 and a beta of 1.44. Brookfield Infrastructure Co. has a fifty-two week low of $25.48 and a fifty-two week high of $48.08. The firm has a fifty day moving average price of $33.20 and a two-hundred day moving average price of $34.16.

Brookfield Infrastructure Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Friday, May 31st will be issued a dividend of $0.405 per share. The ex-dividend date of this dividend is Friday, May 31st. This represents a $1.62 annualized dividend and a dividend yield of 4.89%. Brookfield Infrastructure’s payout ratio is 112.50%.

About Brookfield Infrastructure

(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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