Copeland Capital Management LLC Adjusts Stake in Brookfield Infrastructure Co.

Copeland Capital Management LLC has made a small adjustment to its stake in Brookfield Infrastructure Co. (NASDAQ:BIPC), reducing its holdings by 0.8% during the fourth quarter. According to the latest report filed with the Securities and Exchange Commission, the institutional investor now owns 2,066,002 shares after selling 15,875 shares in the recent quarter. Brookfield Infrastructure now makes up about 1.5% of Copeland Capital Management's portfolio, ranking it as the 12th largest holding within their investments. At the close of the last reporting period, Copeland Capital Management held shares of Brookfield Infrastructure valued at approximately $82,661,000, equating to 1.74% of the company’s equity.

Other institutional investors have also made movements regarding their positions in Brookfield Infrastructure. Sei Investments Co. increased its stake in the shares by 9.9% during the second quarter, bringing its total to 54,331 shares valued at about $1,829,000 after acquiring an additional 4,907 shares over the last quarter. In addition, Clearbridge Investments LLC entered a new investment in Brookfield Infrastructure worth around $12,632,000 in the same quarter. Furthermore, Cubist Systematic Strategies LLC expanded its stake by an impressive 424.1%, owning 21,069 shares, approximately valued at $709,000 after purchasing an extra 27,569 shares recently. SG Americas Securities LLC significantly ramped up its investment by 544.5% during the third quarter, owning 36,800 shares worth roughly $1,598,000 after acquiring another 31,090 shares. Pinnacle Wealth Management Group Inc. also increased its holdings by 13.1% during the third quarter, with a total of 14,869 shares valued at $646,000 after purchasing an additional 1,728 shares. Overall, institutional investors collectively own 70.38% of Brookfield Infrastructure's stock.

Market Performance of Brookfield Infrastructure

The stock of Brookfield Infrastructure is currently trading at $41.73. It exhibits a fifty-day simple moving average of $40.87 and a two-hundred-day simple moving average of $40.92. With a market capitalization of $4.97 billion, the company has a price-to-earnings ratio of 28.98 and a beta value of 1.47. Over the past year, Brookfield Infrastructure's shares have fluctuated, with a low of $28.47 and a high of $45.29.

Dividend Increase Announcement

Recently, Brookfield Infrastructure announced an increase in its quarterly dividend, which is set to be paid on Monday, March 31st. Shareholders who are on record as of Friday, February 28th will receive a dividend payout of $0.43 per share, reflecting an annualized dividend of $1.72, which yields 4.12% for investors. The ex-dividend date for this announcement is also set for February 28th. This increase from the previous quarterly dividend of $0.41 indicates Brookfield Infrastructure’s commitment to returning value to its shareholders, despite their current dividend payout ratio standing at 112.50%.

About Brookfield Infrastructure

Brookfield Infrastructure Corporation, along with its subsidiaries, is involved in owning and operating natural gas transmission systems and regulated electricity throughout various regions including Brazil, the United Kingdom, and Australia.

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