SG Americas Securities LLC Boosts Stock Holdings in Brookfield Infrastructure Partners LP $BIP

SG Americas Securities LLC increased its stake in Brookfield Infrastructure Partners LP (NYSE:BIP) (TSE:BIP.UN) by 106.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 70,614 shares of the utilities provider’s stock after acquiring an additional 36,382 shares during the period. SG Americas Securities LLC’s holdings in Brookfield Infrastructure Partners were worth $2,453,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Westfuller Advisors LLC acquired a new stake in Brookfield Infrastructure Partners in the 3rd quarter valued at about $44,000. City Holding Co. acquired a new position in shares of Brookfield Infrastructure Partners during the third quarter worth about $59,000. Caldwell Trust Co purchased a new stake in shares of Brookfield Infrastructure Partners during the second quarter worth approximately $66,000. Pacifica Partners Inc. increased its stake in shares of Brookfield Infrastructure Partners by 1,248.7% during the fourth quarter. Pacifica Partners Inc. now owns 2,023 shares of the utilities provider’s stock worth $69,000 after buying an additional 1,873 shares during the period. Finally, AdvisorNet Financial Inc raised its holdings in Brookfield Infrastructure Partners by 17.7% in the third quarter. AdvisorNet Financial Inc now owns 2,160 shares of the utilities provider’s stock valued at $71,000 after acquiring an additional 325 shares in the last quarter. 57.92% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

BIP has been the subject of several analyst reports. TD Securities reaffirmed a “buy” rating and set a $57.00 price objective (up from $55.00) on shares of Brookfield Infrastructure Partners in a research report on Friday, January 30th. National Bank Financial upped their target price on shares of Brookfield Infrastructure Partners from $36.00 to $38.00 and gave the company an “outperform” rating in a report on Wednesday, December 17th. Scotiabank reiterated an “outperform” rating and issued a $44.00 price objective on shares of Brookfield Infrastructure Partners in a research report on Friday, January 16th. Morgan Stanley upgraded Brookfield Infrastructure Partners from an “equal weight” rating to an “overweight” rating and set a $45.00 target price on the stock in a research report on Monday, March 23rd. Finally, Royal Bank Of Canada increased their price target on shares of Brookfield Infrastructure Partners from $40.00 to $41.00 and gave the company an “outperform” rating in a report on Friday, January 30th. Eight investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $42.13.

Brookfield Infrastructure Partners Price Performance

Shares of NYSE:BIP opened at $36.47 on Friday. The company has a market cap of $16.88 billion, a P/E ratio of 40.52 and a beta of 1.11. The company has a quick ratio of 0.75, a current ratio of 0.78 and a debt-to-equity ratio of 1.66. Brookfield Infrastructure Partners LP has a 52 week low of $25.72 and a 52 week high of $40.32. The business has a fifty day simple moving average of $37.39 and a 200-day simple moving average of $35.47.

Brookfield Infrastructure Partners (NYSE:BIP) (TSE:BIP.UN) last released its earnings results on Thursday, January 29th. The utilities provider reported $0.45 earnings per share for the quarter, missing the consensus estimate of $0.87 by ($0.42). Brookfield Infrastructure Partners had a return on equity of 3.22% and a net margin of 4.40%.The business had revenue of $6.30 billion for the quarter, compared to analysts’ expectations of $1.98 billion. During the same quarter last year, the company posted $0.78 earnings per share. The business’s quarterly revenue was up 5.8% compared to the same quarter last year. Equities research analysts forecast that Brookfield Infrastructure Partners LP will post 3.45 EPS for the current year.

Brookfield Infrastructure Partners Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Friday, February 27th were issued a dividend of $0.455 per share. This represents a $1.82 annualized dividend and a dividend yield of 5.0%. The ex-dividend date was Friday, February 27th. This is an increase from Brookfield Infrastructure Partners’s previous quarterly dividend of $0.43. Brookfield Infrastructure Partners’s payout ratio is currently 202.22%.

Brookfield Infrastructure Partners Profile

Brookfield Infrastructure Partners L.P. (NYSE: BIP) is a publicly traded limited partnership that owns and operates a diversified portfolio of infrastructure assets across four core sectors: utilities, transport, energy and data infrastructure. Through long-lived, regulated or contracted assets, Brookfield Infrastructure provides essential services such as electricity transmission and distribution, toll road and port operations, midstream energy logistics and fiber-based data networks.

The company’s utilities division encompasses regulated electricity and gas distribution networks in North and South America, Europe and Australia, ensuring stable cash flows under current regulatory frameworks.