Principal Monetary Group Inc. lifted its holdings in Brookfield Enterprise Companions L.P. (NYSE:BBU – Free Report) by 2.0% through the second quarter, based on its most up-to-date 13F submitting with the Securities and Trade Fee (SEC). The agency owned 90,242 shares of the enterprise companies supplier’s inventory after shopping for a further 1,808 shares through the quarter. Principal Monetary Group Inc. owned roughly 0.12% of Brookfield Enterprise Companions price $1,701,000 as of its most up-to-date SEC submitting.
A number of different institutional buyers additionally just lately modified their holdings of BBU. K2 Principal Fund L.P. purchased a brand new place in shares of Brookfield Enterprise Companions through the fourth quarter valued at roughly $2,033,000. Triasima Portfolio Administration inc. purchased a brand new stake in Brookfield Enterprise Companions within the first quarter price $1,405,000. Gold Funding Administration Ltd. purchased a brand new stake in Brookfield Enterprise Companions within the fourth quarter price $618,000. Montrusco Bolton Investments Inc. grew its stake in shares of Brookfield Enterprise Companions by 54.3% within the fourth quarter. Montrusco Bolton Investments Inc. now owns 59,354 shares of the enterprise companies supplier’s inventory price $1,231,000 after buying a further 20,891 shares over the last quarter. Lastly, Companions Worth Investments L.P. boosted its stake in Brookfield Enterprise Companions by 0.7% within the 4th quarter. Companions Worth Investments L.P. now owns 2,941,062 shares of the enterprise companies supplier’s inventory price $60,527,000 after buying a further 19,061 shares within the final quarter. 85.04% of the inventory is presently owned by institutional buyers.
Brookfield Enterprise Companions Buying and selling Up 2.3 %
Shares of NYSE:BBU opened at $20.56 on Friday. Brookfield Enterprise Companions L.P. has a 1 12 months low of $12.22 and a 1 12 months excessive of $23.75. The inventory’s fifty day shifting common value is $19.98 and its 200-day shifting common value is $19.87. The corporate has a market cap of $1.53 billion, a P/E ratio of three.22 and a beta of 1.45. The corporate has a debt-to-equity ratio of two.24, a present ratio of 1.00 and a fast ratio of 0.74.
Brookfield Enterprise Companions (NYSE:BBU – Get Free Report) final introduced its quarterly earnings outcomes on Friday, August 2nd. The enterprise companies supplier reported ($0.09) EPS for the quarter, lacking analysts’ consensus estimates of $0.86 by ($0.95). Brookfield Enterprise Companions had a return on fairness of 21.76% and a web margin of seven.34%. The corporate had income of $11.95 billion through the quarter. Throughout the identical interval within the earlier 12 months, the corporate earned $0.85 EPS. Promote-side analysts anticipate that Brookfield Enterprise Companions L.P. will publish 4.52 earnings per share for the present 12 months.
Brookfield Enterprise Companions Broadcasts Dividend
The corporate additionally just lately disclosed a quarterly dividend, which might be paid on Friday, September twenty seventh. Buyers of file on Friday, August thirtieth might be issued a $0.0625 dividend. This represents a $0.25 annualized dividend and a dividend yield of 1.22%. The ex-dividend date of this dividend is Friday, August thirtieth. Brookfield Enterprise Companions’s payout ratio is presently 3.92%.
Wall Road Analyst Weigh In
Individually, Royal Financial institution of Canada restated an “outperform” ranking and set a $32.00 value goal on shares of Brookfield Enterprise Companions in a analysis notice on Monday, August fifth. 5 analysis analysts have rated the inventory with a purchase ranking and one has given a robust purchase ranking to the corporate’s inventory. In accordance with information from MarketBeat, Brookfield Enterprise Companions presently has a consensus ranking of “Purchase” and a consensus value goal of $31.40.
Get Our Newest Analysis Report on BBU
Brookfield Enterprise Companions Firm Profile
Brookfield Enterprise Companions L.P. is a personal fairness agency specializing in acquisition. The agency usually invests in enterprise companies, infrastructure companies, development, power, and industrials sector. It prefers to take majority stake in corporations. The agency seeks returns of at the least 15% on its investments.
Additional Studying
Obtain Information & Rankings for Brookfield Enterprise Companions Day by day – Enter your e mail handle beneath to obtain a concise each day abstract of the newest information and analysts’ scores for Brookfield Enterprise Companions and associated corporations with MarketBeat.com’s FREE each day e mail publication.