
UniSuper Management Pty Ltd 持有 Brookfield 公司(NYSE:BN)价值 151 万美元的股份

UniSuper Management Pty Ltd reduced its holdings in Brookfield Co. (NYSE:BN) by 19.9% in Q4, now owning 26,200 shares valued at $1.51 million. Other institutional investors also adjusted their positions. Analysts have raised price targets for Brookfield, with a consensus rating of "Moderate Buy" and an average target price of $64.00. The stock is currently down 4.4%, trading at $51.77, with a market cap of $85.25 billion. Brookfield recently announced a quarterly dividend of $0.09, payable on March 31.
UniSuper Management Pty Ltd lowered its position in Brookfield Co. (NYSE:BN - Free Report) by 19.9% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 26,200 shares of the company's stock after selling 6,500 shares during the period. UniSuper Management Pty Ltd's holdings in Brookfield were worth $1,505,000 as of its most recent filing with the SEC.
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A number of other institutional investors also recently modified their holdings of the company. Compass Planning Associates Inc bought a new stake in shares of Brookfield during the 4th quarter valued at about $30,000. FSA Wealth Management LLC bought a new position in shares of Brookfield during the 3rd quarter worth approximately $42,000. Prestige Wealth Management Group LLC grew its position in shares of Brookfield by 137.0% during the 3rd quarter. Prestige Wealth Management Group LLC now owns 865 shares of the company's stock worth $46,000 after buying an additional 500 shares during the period. Bank Julius Baer & Co. Ltd Zurich bought a new stake in shares of Brookfield in the 4th quarter valued at $48,000. Finally, Continuum Advisory LLC acquired a new position in shares of Brookfield during the 3rd quarter valued at $55,000. 61.60% of the stock is owned by institutional investors.
Analyst Ratings Changes
Several brokerages have recently weighed in on BN. CIBC upped their price objective on shares of Brookfield from $68.00 to $70.00 and gave the company an "outperformer" rating in a report on Thursday, January 23rd. Morgan Stanley initiated coverage on Brookfield in a report on Thursday, January 23rd. They issued an "overweight" rating and a $80.00 price target on the stock. Scotiabank boosted their price objective on Brookfield from $69.00 to $71.00 and gave the company a "sector outperform" rating in a report on Monday, February 3rd. Finally, TD Securities increased their target price on Brookfield from $74.00 to $75.00 and gave the stock a "buy" rating in a report on Tuesday, February 11th. One research analyst has rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $64.00.
Get Our Latest Stock Analysis on BN
Brookfield Stock Down 4.4 %
Shares of NYSE:BN opened at $51.77 on Monday. The stock has a market cap of $85.25 billion, a price-to-earnings ratio of 172.57 and a beta of 1.65. The business's 50 day moving average is $56.83 and its 200 day moving average is $56.27. Brookfield Co. has a 12-month low of $38.18 and a 12-month high of $62.78. The company has a quick ratio of 1.09, a current ratio of 1.21 and a debt-to-equity ratio of 1.40.
Brookfield (NYSE:BN - Get Free Report) last posted its earnings results on Thursday, February 13th. The company reported $1.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.88 by $0.13. Brookfield had a net margin of 0.75% and a return on equity of 3.93%. On average, sell-side analysts forecast that Brookfield Co. will post 3.85 earnings per share for the current fiscal year.
Brookfield Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be paid a $0.09 dividend. The ex-dividend date is Friday, March 14th. This represents a $0.36 annualized dividend and a yield of 0.70%. Brookfield's dividend payout ratio (DPR) is 120.00%.
Brookfield Profile
(Free Report)Brookfield Corporation is an alternative asset manager and REIT/Real Estate Investment Manager firm focuses on real estate, renewable power, infrastructure and venture capital and private equity assets. It manages a range of public and private investment products and services for institutional and retail clients.
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