Brookfield Infrastructure Co. (NASDAQ:BIPC) Position Boosted by Quantinno Capital Management LP

Quantinno Capital Management LP lifted its stake in shares of Brookfield Infrastructure Co. (NASDAQ:BIPC) by 15.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 6,052 shares of the company’s stock after purchasing an additional 791 shares during the period. Quantinno Capital Management LP’s holdings in Brookfield Infrastructure were worth $242,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the stock. Barclays PLC raised its stake in Brookfield Infrastructure by 234.0% during the third quarter. Barclays PLC now owns 198,571 shares of the company’s stock worth $8,622,000 after acquiring an additional 139,112 shares during the period. SG Americas Securities LLC raised its stake in Brookfield Infrastructure by 31.6% during the fourth quarter. SG Americas Securities LLC now owns 48,414 shares of the company’s stock worth $1,937,000 after acquiring an additional 11,614 shares during the period. Janney Montgomery Scott LLC raised its stake in Brookfield Infrastructure by 6.6% during the fourth quarter. Janney Montgomery Scott LLC now owns 5,057 shares of the company’s stock worth $202,000 after acquiring an additional 312 shares during the period. Lebenthal Global Advisors LLC acquired a new stake in Brookfield Infrastructure during the fourth quarter worth about $315,000. Finally, BankPlus Wealth Management LLC acquired a new stake in Brookfield Infrastructure during the fourth quarter worth about $398,000. Institutional investors own 70.38% of the company’s stock.

Brookfield Infrastructure Stock Up 1.1%

BIPC opened at $39.50 on Tuesday. The firm has a market cap of $4.70 billion, a price-to-earnings ratio of 27.43 and a beta of 1.38. Brookfield Infrastructure Co. has a fifty-two week low of $32.08 and a fifty-two week high of $45.29. The company’s 50-day moving average price is $36.79 and its 200 day moving average price is $39.31.

Brookfield Infrastructure Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, May 30th will be paid a dividend of $0.43 per share. The ex-dividend date of this dividend is Friday, May 30th. This represents a $1.72 annualized dividend and a yield of 4.35%. Brookfield Infrastructure’s dividend payout ratio (DPR) is 119.44%.

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.