20,739 Shares in Brookfield Infrastructure Co. $BIPC Purchased by GSA Capital Partners LLP

GSA Capital Partners LLP acquired a new position in shares of Brookfield Infrastructure Co. (NYSE:BIPC) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 20,739 shares of the company’s stock, valued at approximately $942,000.

Other large investors have also made changes to their positions in the company. Geneos Wealth Management Inc. lifted its position in shares of Brookfield Infrastructure by 338.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 710 shares of the company’s stock worth $26,000 after purchasing an additional 548 shares during the last quarter. Smartleaf Asset Management LLC lifted its position in shares of Brookfield Infrastructure by 374.9% during the 3rd quarter. Smartleaf Asset Management LLC now owns 812 shares of the company’s stock worth $34,000 after purchasing an additional 641 shares during the last quarter. Optiver Holding B.V. acquired a new position in shares of Brookfield Infrastructure during the 3rd quarter worth about $39,000. Johnson Financial Group Inc. lifted its position in shares of Brookfield Infrastructure by 260.7% during the 3rd quarter. Johnson Financial Group Inc. now owns 1,147 shares of the company’s stock worth $47,000 after purchasing an additional 829 shares during the last quarter. Finally, Larson Financial Group LLC lifted its position in shares of Brookfield Infrastructure by 2,162.5% during the 4th quarter. Larson Financial Group LLC now owns 1,448 shares of the company’s stock worth $66,000 after purchasing an additional 1,384 shares during the last quarter. Institutional investors and hedge funds own 70.38% of the company’s stock.

Brookfield Infrastructure Trading Up 0.0%

NYSE BIPC opened at $42.17 on Friday. The stock’s 50 day moving average is $40.69 and its two-hundred day moving average is $44.48. The company has a market capitalization of $5.19 billion, a price-to-earnings ratio of 30.85 and a beta of 1.29. Brookfield Infrastructure Co. has a 1-year low of $34.18 and a 1-year high of $51.72.

Analyst Ratings Changes

Several research firms recently weighed in on BIPC. Weiss Ratings reissued a “sell (d-)” rating on shares of Brookfield Infrastructure in a research report on Friday, March 27th. Morgan Stanley boosted their price objective on Brookfield Infrastructure from $45.00 to $46.00 and gave the stock an “underweight” rating in a research report on Wednesday. Finally, Wall Street Zen cut Brookfield Infrastructure from a “hold” rating to a “sell” rating in a research report on Saturday, May 2nd. Two research analysts have rated the stock with a Sell rating, According to MarketBeat, the stock has an average rating of “Sell” and an average target price of $46.00.

Brookfield Infrastructure Company Profile

Brookfield Infrastructure (NYSE: BIPC) is a global owner, operator and investor in essential infrastructure assets. As the corporate class of Brookfield Infrastructure Partners L.P., the company provides exposure to a diversified portfolio spanning utilities, transport, energy midstream and data infrastructure. Its holdings generate stable cash flows underpinned by regulated or long-term contracted revenue streams.

Since its formation in 2008 and U.S. listing in 2017, Brookfield Infrastructure has pursued a disciplined strategy of acquiring and managing high-quality infrastructure businesses.