Wulff Hansen & CO. boosted its stake in shares of Brookfield Infrastructure Co. (NASDAQ:BIPC – Free Report) by 2,158.9% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 307,686 shares of the company’s stock after buying an additional 294,065 shares during the quarter. Wulff Hansen & CO.’s holdings in Brookfield Infrastructure were worth $10,357,000 as of its most recent SEC filing.
A number of other hedge funds have also recently bought and sold shares of the stock. HBC Financial Services PLLC acquired a new stake in shares of Brookfield Infrastructure in the 1st quarter valued at approximately $29,000. Heritage Wealth Advisors bought a new position in shares of Brookfield Infrastructure in the 4th quarter valued at about $33,000. Pathway Financial Advisers LLC acquired a new position in shares of Brookfield Infrastructure during the 1st quarter worth about $68,000. Lazard Asset Management LLC bought a new stake in shares of Brookfield Infrastructure in the 1st quarter valued at about $73,000. Finally, Nisa Investment Advisors LLC lifted its stake in Brookfield Infrastructure by 11.7% in the 2nd quarter. Nisa Investment Advisors LLC now owns 2,754 shares of the company’s stock valued at $93,000 after purchasing an additional 288 shares during the last quarter. 70.38% of the stock is currently owned by institutional investors.
Brookfield Infrastructure Stock Performance
Brookfield Infrastructure stock opened at $42.12 on Tuesday. The stock has a 50-day simple moving average of $38.71 and a 200 day simple moving average of $35.40. The stock has a market capitalization of $5.56 billion, a P/E ratio of 29.25 and a beta of 1.44. Brookfield Infrastructure Co. has a 52 week low of $25.48 and a 52 week high of $42.34.
Brookfield Infrastructure Dividend Announcement
Brookfield Infrastructure 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.
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