Brookfield Infrastructure Co. (NASDAQ:BIPC) Shares Acquired by Graham Capital Management L.P.

Graham Capital Management L.P. boosted its position in Brookfield Infrastructure Co. (NASDAQ:BIPC) by 3.1% in the fourth quarter, HoldingsChannel.com reports. The firm owned 61,231 shares of the company’s stock after purchasing an additional 1,840 shares during the quarter. Graham Capital Management L.P.’s holdings in Brookfield Infrastructure were worth $2,450,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. J.Safra Asset Management Corp lifted its holdings 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 valued at $31,000 after buying an additional 274 shares during the period. Janney Montgomery Scott LLC raised its position in Brookfield Infrastructure by 6.6% in 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 in the last quarter. Fidelis Capital Partners LLC lifted its holdings in Brookfield Infrastructure by 5.4% in the 4th quarter. Fidelis Capital Partners LLC now owns 7,156 shares of the company’s stock valued at $294,000 after acquiring an additional 367 shares during the last quarter. Mariner LLC lifted its holdings in Brookfield Infrastructure by 1.4% in the 4th quarter. Mariner LLC now owns 26,031 shares of the company’s stock valued at $1,041,000 after acquiring an additional 370 shares during the last quarter. Finally, Allworth Financial LP boosted its position in shares of 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 purchasing an additional 396 shares in the last quarter. 70.38% of the stock is owned by institutional investors.

Brookfield Infrastructure Price Performance

NASDAQ BIPC opened at $38.77 on Friday. Brookfield Infrastructure Co. has a 12 month low of $32.08 and a 12 month high of $45.29. The company has a market capitalization of $4.61 billion, a P/E ratio of 26.92 and a beta of 1.38. The company’s 50 day simple moving average is $36.10 and its 200 day simple moving average is $39.57.

Brookfield Infrastructure Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, May 30th will be issued a $0.43 dividend. The ex-dividend date of this dividend is Friday, May 30th. This represents a $1.72 annualized dividend and a dividend yield of 4.44%. Brookfield Infrastructure’s dividend payout ratio is currently 119.44%.

About Brookfield Infrastructure

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.