Brookfield Infrastructure Partners LP (NYSE:BIP) Under Analyst Spotlight

Middleton & Co Inc acquired 30,019 shares as Us Bancorp Del (USB)’s stock declined 6.89%.

Many other big clients also recently purchased to or lowered their position in the company. Neuberger Berman Group LLC increased its stake in Brookfield Renewable Partners L.P.by 0.4% in the second quarter.

The share price of the company (NYSE:BIP) was down -0.65%, with a high of 43.88 during the day and the volume of Brookfield Infrastructure Partners LP shares traded was 329193. Global X Management Co. This dividend amount represented a yeild of $6.18. Scotia Capital Inc. increased its stake in Brookfield Renewable Partners L.P.by 17.5% in the second quarter. Jane Street Group LLC now owns 64,780 shares of the utilities provider’s stock worth $2,506,000 after purchasing an additional 2,741 shares during the last quarter. Renaissance Technologies LLC boosted its stake in Brookfield Renewable Partners L.P.by 353.8% during the 1st quarter. The Ohio-based Dean Investment Associates Llc has invested 0.79% in the stock.

About Brookfield Renewable Partners L.P. Institutional investors own 33.32% of the company’s stock.

TRADEMARK VIOLATION WARNING: “Principal Financial Group Inc”. Brookfield Infrastructure Partners L.P. (NYSE:BIP) has risen 38.95% since September 10, 2016 and is uptrending. If you are viewing this piece of content on another website, it was illegally copied and republished in violation of USA and worldwide copyright & trademark laws.

Brookfield Renewable Partners L.P. has a 52-week low of $24.08 and a 52-week high of $31.85. (NYSE:BEP) opened at 35.82 on Friday. The stock has a market capitalization of $10.63 billion, a PE ratio of 11940.00 and a beta of 0.24. The 50 day moving average was up $0.89 and the 200 day average went up $3.35 or +10.55%. Brookfield Renewable Partners L.P. Brookfield Renewable Partners L.P. (NYSE:BEP) (TSE:BEP) last released its quarterly earnings data on Friday, August 4th. The utilities provider reported $0.13 EPS for the quarter, topping analysts’ consensus estimates of $0.08 by $0.05. The business had revenue of $580 million for the quarter, compared to the consensus estimate of $602.74 million. Stratos Wealth Partners has an ownership of 8,749 stocks of the utilities provider’s shares valued at $338,000 following acquiring an extra 98 shares through out the previous quarter, Lastly, Janney Montgomery Scott lifted its holdings in stocks of Brookfield Infrastructure Partners by 5.5% through out the 2nd period.

The firm also recently disclosed a quarterly dividend, which will be paid on Saturday, September 30th. The company saw a fall in short interest of -4.01% as of August 15, 2017 from the last reporting period. The ex-dividend date will be Tuesday August 29th, 2017. Brookfield Renewable Partners L.P.’s payout ratio is presently -1,112.50%.

A number of analysts have weighed in on BEP shares. RBC Capital Markets maintained Brookfield Infrastructure Partners L.P. (NYSE:BIP) rating on Friday, August 4. They noted that the move was a valuation call. Sidoti upgraded the stock to “Buy” rating in Thursday, December 8 report. The stock of Brookfield Infrastructure Partners L.P. (NYSE:BIP) earned “Buy” rating by TD Securities on Wednesday, March 16. Finally, BMO Capital Markets restated a “buy” rating on shares of Brookfield Renewable Partners L.P.in a research note on Sunday, November 6th. Raymond James & Associates increased its stake in Brookfield Renewable Partners L.P.by 25.0% in the second quarter. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and four have issued a buy rating to the company. Barclays Capital downgraded Brookfield Renewable Partners LP (NYSE:BEP) on Monday, October 12 to “Equal-Weight” rating.

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.

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