Epoch Investment Partners Inc. Has $65.06 Million Stock Position in Brookfield Infrastructure Co. (NASDAQ:BIPC)

Epoch Investment Partners Inc. lessened its holdings in Brookfield Infrastructure Co. (NASDAQ:BIPC) by 3.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,626,141 shares of the company’s stock after selling 52,812 shares during the period. Epoch Investment Partners Inc. owned about 1.37% of Brookfield Infrastructure worth $65,062,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. J.Safra Asset Management Corp raised its stake in shares of Brookfield Infrastructure by 55.0% in the fourth quarter. J.Safra Asset Management Corp now owns 772 shares of the company’s stock worth $31,000 after purchasing an additional 274 shares during the last quarter. Jones Financial Companies Lllp raised its position in Brookfield Infrastructure by 217.8% in the 4th quarter. Jones Financial Companies Lllp now owns 1,106 shares of the company’s stock valued at $44,000 after buying an additional 758 shares during the last quarter. Allworth Financial LP lifted its stake in Brookfield Infrastructure by 42.9% during the 4th quarter. Allworth Financial LP now owns 1,320 shares of the company’s stock valued at $55,000 after acquiring an additional 396 shares in the last quarter. Morgan Dempsey Capital Management LLC boosted its holdings in Brookfield Infrastructure by 34.0% during the 4th quarter. Morgan Dempsey Capital Management LLC now owns 1,814 shares of the company’s stock worth $73,000 after acquiring an additional 460 shares during the last quarter. Finally, NewEdge Advisors LLC raised its holdings in shares of Brookfield Infrastructure by 343.4% in the fourth quarter. NewEdge Advisors LLC now owns 2,656 shares of the company’s stock valued at $106,000 after purchasing an additional 2,057 shares during the last quarter. Institutional investors own 70.38% of the company’s stock.

Brookfield Infrastructure Stock Performance

Brookfield Infrastructure stock opened at $35.16 on Friday. The stock has a market cap of $4.18 billion, a PE ratio of 24.41 and a beta of 1.48. Brookfield Infrastructure Co. has a fifty-two week low of $29.30 and a fifty-two week high of $45.29. The firm’s 50-day simple moving average is $37.30 and its 200 day simple moving average is $40.12.

Brookfield Infrastructure Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, February 28th were issued a $0.43 dividend. The ex-dividend date was Friday, February 28th. This is a positive change from Brookfield Infrastructure’s previous quarterly dividend of $0.41. This represents a $1.72 annualized dividend and a dividend yield of 4.89%. Brookfield Infrastructure’s dividend payout ratio is currently 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.