Natixis Advisors LLC Has $3.38 Million Stock Position in Brookfield Infrastructure Co. (NASDAQ:BIPC)

Natixis Advisors LLC grew its holdings in Brookfield Infrastructure Co. (NASDAQ:BIPC) by 2.7% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 77,907 shares of the company’s stock after purchasing an additional 2,027 shares during the quarter. Natixis Advisors LLC’s holdings in Brookfield Infrastructure were worth $3,384,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Clearbridge Investments LLC bought a new stake in Brookfield Infrastructure in the second quarter worth $12,632,000. Wulff Hansen & CO. increased its holdings in shares of Brookfield Infrastructure by 2,158.9% during the 2nd quarter. Wulff Hansen & CO. now owns 307,686 shares of the company’s stock valued at $10,357,000 after acquiring an additional 294,065 shares during the last quarter. Vanguard Group Inc. lifted its holdings in shares of Brookfield Infrastructure by 5.6% during the first quarter. Vanguard Group Inc. now owns 5,267,594 shares of the company’s stock worth $189,844,000 after buying an additional 279,676 shares during the last quarter. Principal Financial Group Inc. boosted its position in shares of Brookfield Infrastructure by 9.0% in the second quarter. Principal Financial Group Inc. now owns 2,872,954 shares of the company’s stock valued at $96,704,000 after acquiring an additional 236,355 shares during the period. Finally, Pathway Financial Advisers LLC grew its stake in shares of Brookfield Infrastructure by 11,621.8% in the third quarter. Pathway Financial Advisers LLC now owns 222,479 shares of the company’s stock worth $9,662,000 after acquiring an additional 220,581 shares during the last quarter. Institutional investors and hedge funds own 70.38% of the company’s stock.

Brookfield Infrastructure Trading Down 0.2 %

Shares of BIPC stock opened at $44.14 on Friday. The firm has a market capitalization of $5.83 billion, a P/E ratio of 30.65 and a beta of 1.45. Brookfield Infrastructure Co. has a 1 year low of $28.47 and a 1 year high of $44.54. The firm’s fifty day simple moving average is $42.61 and its 200 day simple moving average is $38.67.

Brookfield Infrastructure Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, November 29th will be given a dividend of $0.405 per share. This represents a $1.62 dividend on an annualized basis and a dividend yield of 3.67%. The ex-dividend date of this dividend is Friday, November 29th. Brookfield Infrastructure’s dividend payout ratio is currently 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.