Brookfield Business (NYSE:BBUC) Downgraded to Sell Rating by Wall Street Zen

Wall Street Zen cut shares of Brookfield Business (NYSE:BBUC) from a hold rating to a sell rating in a report published on Monday morning.

Brookfield Business Trading Down 5.1%

Shares of NYSE BBUC opened at $31.58 on Monday. Brookfield Business has a 52-week low of $21.52 and a 52-week high of $37.88.

Institutional Trading of Brookfield Business

A hedge fund recently raised its stake in Brookfield Business stock. Bank of America Corp DE grew its holdings in shares of Brookfield Business Corp (NYSE:BBUC) by 6.8% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 52,377 shares of the company’s stock after purchasing an additional 3,348 shares during the period. Bank of America Corp DE’s holdings in Brookfield Business were worth $1,756,000 as of its most recent SEC filing.

About Brookfield Business

Brookfield Business Corporation focuses on healthcare, construction, and wastewater services in the United States, Europe, Australia, the United Kingdom, Canada, and Brazil. It operates through three segments: Business Services, Infrastructure Services, and Industrials. The company operates 42 hospitals; offers construction services for office, residential, hospitality and leisure, social infrastructure, retail, and mixed-use properties; and provides nuclear technology services, such as fuel, maintenance services, engineering solutions, instrumentation and control systems, and manufactured components for nuclear power plants.