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 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 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 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.

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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 a research note on Sunday, November 6th. Raymond James & Associates increased its stake in Brookfield Renewable Partners 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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