IFP Advisors Inc Lowers Position in Brookfield Infrastructure Partners LP (BIP)

Brookfield Infrastructure Partners
Brookfield Infrastructure Partners L.P. (BIP) Position Boosted by Winslow Evans & Crocker Inc.
Author

08 May, 2017

Brookfield Infrastructure Partners has 259,450,000 shares now held by shareholders which now trade around the 40.08 mark which totals Brookfield Infrastructure Partners's market capitalisation to 10.40B United States dollars. BIP's profit would be $183.86M giving it 13.86 P/E if the $0.71 EPS is correct.

On 11/5/2015 Brookfield Infrastructure Partners L.P. announced a quarterly dividend of $0.53 5.06% with an ex dividend date of 11/25/2015 which will be payable on 12/31/2015. Swiss Comml Bank accumulated 258,656 shares or 0.02% of the stock.

Shares of Brookfield Infrastructure Partners L.P. closed the previous trading session at 39.85 up +0.94 2.42% with 288,420 shares trading hands. It has outperformed by 6.05% the S&P500.

Brookfield Renewable Partners L.P., formerly Brookfield Renewable Energy Partners L.P., is the owner and operator of a portfolio of assets that generate electricity from renewable resources. The company has a market capitalization of $5.67 billion, a P/E ratio of 9.71 and a beta of 0.91. The Company's segments include utilities, transport, energy, communications infrastructure and other. The utilities segment consists of regulated businesses, including regulated distribution, electricity transmission and a regulated terminal (coal export terminal).

On Monday April 10, 2017, RBC Capital Markets released a statement on Brookfield Infrastructure Partners (NYSE:BIP) bumped up the target price from $0.00 to $40.00. Brookfield Infrastructure Partners had 16 analyst reports since August 6, 2015 according to SRatingsIntel. Suntrust Robinson initiated the stock with "Buy" rating in Thursday, January 19 report. The stock's current RSI reading is at 60.88. The firm has "Buy" rating by TD Securities given on Monday, September 26. On Wednesday, March 29 the stock rating was maintained by Shore Capital with "Buy".

4/23/2017-Barclays PLC Reiterated Rating of Equal Weight. Zacks Investment Research upgraded Brookfield Infrastructure Partners L.P. from a "sell" rating to a "hold" rating in a research note on Wednesday, February 8th. Finally, Scotiabank upped their price objective on Brookfield Infrastructure Partners L.P. from C$37.75 to C$52.00 and gave the company an "outperform" rating in a research note on Wednesday, April 5th.

Brookfield Infrastructure Partners has 259,450,000 shares which are now outstanding with a price of 40.08 calculating Brookfield Infrastructure Partners's market capitalisation to 10.40B Dollars. The firm has "Buy" rating by Guggenheim given on Wednesday, July 20. Finally, Credit Suisse Group AG lowered Brookfield Infrastructure Partners L.P. from an "outperform" rating to a "neutral" rating and set a $40.00 price objective for the company.in a research report on Friday, February 10th. (NYSE:CLR), 18 have Buy rating, 0 Sell and 12 Hold. Therefore 67% are positive. MTB was included in 48 notes of analysts from August 6, 2015. The company was downgraded on Monday, December 5 by KLR Group. As per Tuesday, July 19, the company rating was maintained by Shore Capital. The company was reinitiated on Thursday, December 22 by Needham. Hudock Capital Group LLC now owns 3,227 shares of the utilities provider's stock worth $111,000 after buying an additional 1,141 shares during the last quarter. (NYSE:CNK) earned "Neutral" rating by Moffet Nathanson on Thursday, March 17.

Investors sentiment decreased to 2 in 2016 Q4. Its down 0.11, from 1.08 in 2016Q3. It is positive, as 22 investors sold Cinemark Holdings, Inc. shares while 93 reduced holdings. 11 funds opened positions while 37 raised stakes. They expect $0.16 earnings per share, down 36.00% or $0.09 from last year's $0.25 per share. Blackrock accumulated 97,424 shares. Parkside Fin Bancshares stated it has 0% of its portfolio in Mercury Systems Inc (NASDAQ:MRCY). Thomson Horstmann & Bryant Inc, a Connecticut-based fund reported 328,905 shares. Jpmorgan Chase & has 0% invested in Continental Resources, Inc. Brookfield Renewable Partners had a return on equity of 0.27% and a net margin of 1.36%. Gsa Cap Prtnrs Llp reported 0.07% stake. Advisors Management Limited Liability Corporation invested in 0.2% or 53,984 shares. Kcg Hldg owns 12,919 shares or 0.02% of their U.S. portfolio.

Receive Brookfield Infrastructure Partners News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brookfield Infrastructure Partners with MarketBeat.com's FREE daily email newsletter.


More news


  • Montana mill: New tariffs on Canadian timber are a good start

    Department of Commerce's decision to impose an unfair and punitive duty". One of his campaign promises was to renegotiate the trade deal.
    US Secretary Tom Price defends cutting nearly  $1 trillion from Medicaid

    US Secretary Tom Price defends cutting nearly $1 trillion from Medicaid

    Opponents say it would leave vulnerable and elderly customers facing higher costs and lead to less coverage. Insurers are the ones who determine if a condition is pre-existing.
    Nigeria leader leaves for medical checkups amid health fears

    Nigeria leader leaves for medical checkups amid health fears

    "The length of the President's stay in London will be determined by the doctors", the president's office said in a statement. He also confessed to receiving "blood transfusions" and "going to the laboratories and so on and so forth".
  • Cassini set for second dive between Saturn and its rings

    Cassini set for second dive between Saturn and its rings

    NASA scientists have dubbed the space between Saturn's rings "the big empty", after gaining readings from the Cassini spacecraft. Cassini is equipped with an instrument which expresses particle impacts in the form of crackles and pops (no snaps, though).
    Realmuto drives in 4 runs, Marlins beat Rays 10

    Realmuto drives in 4 runs, Marlins beat Rays 10

    Signed to a two-year, $22 million deal in the offseason, Volquez has limped to an 0-4 mark with a 4.71 ERA in six starts in 2017. Miami closed its deficit to 3-1 in the eighth as Martin Prado singled and scored on a one-out double by Giancarlo Stanton .
    Marchers for climate change unfazed by snowy weather in Denver on Saturday

    Marchers for climate change unfazed by snowy weather in Denver on Saturday

    The agency said it will follow proper archiving procedures. "It is, in my opinion, the best climate education website out there". Additionally, a page explaining how climate change works was also removed after staying on the site for almost two decades.
  • UC president questioned about budget by lawmakers in Sacramento

    UC president questioned about budget by lawmakers in Sacramento

    And Assembly Republicans have asked Democratic Speaker Anthony Rendon to approve a subpoena of UC financial records. She spoke in a packed hearing room where students held signs such as "Democratize the UC" and "Dammit Janet".
    Two suspected militants killed in police raid in Bangladesh

    Two suspected militants killed in police raid in Bangladesh

    These include a major attack on a Dhaka cafe last July, in which 22 people were killed, most of whom were foreigners. Militants have targeted atheist bloggers, writers, publishers and members of religious minorities.
    Regions Financial Corp (NYSE:RF) & Plug Power Inc (NASDAQ:PLUG) Traders Recap

    Regions Financial Corp (NYSE:RF) & Plug Power Inc (NASDAQ:PLUG) Traders Recap

    First Western Capital Management Company decreased Regions Finl Corp New (RF) stake by 35.11% reported in 2016Q4 SEC filing. The 52 week high Regions Financial's shares have peaked at is 16.03 whilst the 52 week low for the company's shares is 7.8.
  • WWE UK Championship Match Announced For NXT Takeover

    WWE UK Championship Match Announced For NXT Takeover

    The Bruiserweight is desperate to capture the title and make a name for himself in front of a packed house in the United States. Besides their previous meeting in WWE, Dunne and Bate have met in the ring in promotions all across the United Kingdom.
    Angela Merkel's party out in front in local election: exit polls

    Angela Merkel's party out in front in local election: exit polls

    Share with Us - We'd love to hear eyewitness accounts, the history behind an article, and smart, constructive criticism. But it won't play a direct role in forming the local government because other parties refuse to work with it.
    Trump Ends CBS Interview Over Obama Wiretap Questions

    Trump Ends CBS Interview Over Obama Wiretap Questions

    I'm not entirely sure what those words mean in that order, but his conspiracy theory hasn't been "proven very strongly". Besides calling Trump the "Blotus", Colbert had an even longer laundry list of clapbacks for Trump , including: "Mr.