Barclays PLC Buys 139,112 Shares of Brookfield Infrastructure Co. (NASDAQ:BIPC)

Barclays PLC increased its stake in shares of Brookfield Infrastructure Co. (NASDAQ:BIPC) by 234.0% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 198,571 shares of the company’s stock after purchasing an additional 139,112 shares during the quarter. Barclays PLC’s holdings in Brookfield Infrastructure were worth $8,622,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Nisa Investment Advisors LLC grew its stake in Brookfield Infrastructure by 11.7% in the second quarter. Nisa Investment Advisors LLC now owns 2,754 shares of the company’s stock worth $93,000 after purchasing an additional 288 shares in the last quarter. Xponance Inc. lifted its position in shares of Brookfield Infrastructure by 4.4% during the second quarter. Xponance Inc. now owns 7,614 shares of the company’s stock valued at $256,000 after buying an additional 322 shares during the last quarter. Signaturefd LLC boosted its holdings in shares of Brookfield Infrastructure by 9.8% in the 3rd quarter. Signaturefd LLC now owns 4,078 shares of the company’s stock valued at $177,000 after buying an additional 363 shares in the last quarter. Rockefeller Capital Management L.P. raised its stake in shares of Brookfield Infrastructure by 1.0% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 36,347 shares of the company’s stock worth $1,579,000 after acquiring an additional 364 shares in the last quarter. Finally, Hedeker Wealth LLC lifted its position in Brookfield Infrastructure by 4.6% during the third quarter. Hedeker Wealth LLC now owns 9,533 shares of the company’s stock valued at $414,000 after acquiring an additional 423 shares during the last quarter. Hedge funds and other institutional investors own 70.38% of the company’s stock.

Brookfield Infrastructure Trading Down 1.3 %

NASDAQ:BIPC opened at $39.36 on Wednesday. The company’s 50 day moving average is $42.86 and its two-hundred day moving average is $39.67. Brookfield Infrastructure Co. has a twelve month low of $28.47 and a twelve month high of $45.29. The company has a market cap of $5.20 billion, a PE ratio of 27.33 and a beta of 1.45.

Brookfield Infrastructure Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, November 29th will be issued a $0.405 dividend. This represents a $1.62 annualized dividend and a yield of 4.12%. The ex-dividend date is Friday, November 29th. Brookfield Infrastructure’s payout ratio is 112.50%.

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.