Brookfield Infrastructure Partners LP (BIP) Shares Bought by DORCHESTER WEALTH MANAGEMENT Co

Paterniano Del Favero
Agosto 4, 2017

"Announces $0.30 Quarterly Dividend" was first published by Rincon Hill News and is owned by of Rincon Hill News. The institutional investor owned 12,400 shares of the utilities provider's stock after buying an additional 65 shares during the period. Bank of Montreal Can now owns 3,169,344 shares of the financial services provider's stock worth $75,018,000 after buying an additional 1,309,981 shares during the last quarter. Bellwether Investment Group LLC now owns 2,718 shares of the utilities provider's stock valued at $105,000 after buying an additional 32 shares during the last quarter. CIBC Asset Management Inc's holdings in Brookfield Property Partners L.P. were worth $94,623,000 as of its most recent SEC filing. Finally, Stifel Financial Corp raised its stake in Brookfield Property Partners L.P.by 91.5% in the first quarter. Janney Montgomery Scott LLC now owns 6,407 shares of the utilities provider's stock worth $262,000 after buying an additional 335 shares during the period. Finally, Private Trust Co. The stock has a market cap of $10.62 billion, a P/E ratio of 44.87 and a beta of 1.11.

Brookfield Property Partners L.P. has a 12 month low of $20.31 and a 12 month high of $24.94.

The stock increased 1.75% or $0.41 on August 3, reaching $23.84.

Shares of Brookfield Property Partners L.P. The stock has a 50 day moving average of $40.48 and a 200-day moving average of $38.51.

Brookfield Property Partners L.P. had a return on equity of 2.87% and a net margin of 19.50%.

In terms of earnings per share, 2 analysts have a 0.44 EPS mean target for the quarter ending Sep-17, for the quarter ending Dec-17, 2 analysts have a 0.46 EPS mean target and for the quarter ending Dec-17 there are 3 estimates of 1.38 EPS.

Brookfield Property Partners L.P. has raised its dividend payment by an average of 21.3% annually over the last three years. The company had revenue of $1.23 billion during the quarter. The stock's average target of $30 is 25.84% above today's ($23.84) share price.

COPYRIGHT VIOLATION NOTICE: This story was first posted by StockNewsTimes and is the property of of StockNewsTimes. If you are reading this piece on another domain, it was illegally copied and reposted in violation of United States and global trademark & copyright law. The original version of this article can be viewed at https://transcriptdaily.com/2017/08/03/cibc-asset-management-inc-buys-2015707-shares-of-brookfield-property-partners-l-p-nysebpy.html. BidaskClub lowered Brookfield Infrastructure Partners from a "strong-buy" rating to a "buy" rating in a research note on Tuesday, June 13th. Credit Suisse Group reissued a "buy" rating and set a $44.00 price target on shares of Brookfield Infrastructure Partners in a research report on Wednesday, July 26th. Scotiabank boosted their price objective on Brookfield Infrastructure Partners from C$37.75 to C$52.00 and gave the company an "outperform" rating in a research report on Wednesday, April 5th. Zacks Investment Research upgraded Brookfield Infrastructure Partners from a "hold" rating to a "buy" rating and set a $46.00 price target on the stock in a report on Friday, June 2nd. Two equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. The Firm owns, operates and develops a portfolio of office, retail, multifamily, industrial, hospitality, triple net lease, self-storage and student housing assets.

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