Davis Rea LTD. is a Toronto-based investment management firm that recently revealed, in its latest Form 13F filing with the Securities and Exchange Commission, that it trimmed its holdings in Brookfield Infrastructure Partners L.P. by 2.4% during the last quarter of 2020. The move saw Davis Rea LTD sell off 3,002 of its shares in the infrastructure company, taking its total holding down to 121,529 shares at the end of the year. Despite the slight reduction in shares, Brookfield Infrastructure Partners still accounts for around 2.8% of Davis Rea LTD.’s overall investment portfolio and remains its 18th largest holding.

Brookfield Infrastructure Partners is a leading global infrastructure company whose mandate is to manage diversified assets that generate sustainable growth and long-term distributions for unit holders. The company operates through five main business segments: Utilities, Transport, Midstream, Data, and Corporate.

Shares in Brookfield Infrastructure Partners are currently trading up $0.40 at $33.56 per share on Friday’s midday trades with a relatively low volume of 77,724 shares exchanged compared to an average daily volume of 370,137 shares. Despite this quiet session trading-wise, Brookfield Infrastructure Partners has a market capitalization of $15.38 billion with a PE ratio of 242.65 and a beta of 0.88.

Furthermore, over the past fifty-two weeks, Brookfield has traded between highs and lows within ranges as wide as $30.03 – $46.01 per share respectively while demonstrating solid financial strength ratios such as a quick ratio of 0.73 and a current ratio of 0.80 along with debt-to-equity ratio standing at just over one (1).

Overall, while Davis Rea’s decision to reduce its holding by only a minor percentage rate exhibits little significance per se regarding their exposure to Brookfield Infrastructure, Brookfield Infrastructure Partners continues to represent a significant value play for any prospective investors looking for well-established global infrastructure assets with proven track records. Ultimately, the sturdy industry positioning and successful investment outcomes to date will likely continue to be attractive points for potential shareholders considering investing in Brookfield Infrastructure Partners.

Institutional Investors Bullish on Brookfield Infrastructure Partners for Long-Term Growth

Brookfield Infrastructure Partners LP (BIP) is an infrastructure company that operates diversified portfolios of infrastructure assets to provide sustainable and growing distributions over the long-term for its unit holders. A number of institutional investors and hedge funds have recently modified their holdings of BIP, indicating a bullish outlook on the company. According to recent reports, Sound Income Strategies LLC boosted its position in Brookfield Infrastructure Partners by 136.4% during the fourth quarter, while BDO Wealth Advisors LLC increased its stake in shares by 50%. GPS Wealth Strategies Group LLC and Power Corp of Canada also bought new positions in shares. Householder Group Estate & Retirement Specialist purchased additional shares worth approximately $80,000 as well.

Brookfield Infrastructure Partners has garnered positive ratings from analysts with sell-side research firm Raymond James lowering its price objective from $47.00 to $45.00 in light of its strong performance. As per data obtained from Bloomberg.com, Brookfield Infrastructure Partners has an average target price of $45.21 accompanied by an “Moderate Buy” rating.

The company reported revenues worth $3.71 billion during the last quarter; however it missed analysts’ consensus estimates of earning per share at ($0.03) against expectations of $0.71 EPS for Q4 2016 due to higher-than-expected expenses related to acquisitions made during the period.

Brookfield Infrastructure Partners recently announced a quarterly dividend which represents a positive change from its previous payout cycle with stockholders set to receive $0.382 per share on Friday, March 31st The ex-dividend date for this payment is February 27th and represents an annualized dividend yield of 4.55%.

Despite a rough start for Brookfield Infrastructure Partners this year, with lower than projected earnings per share during Q4 2016, there are many signs pointing to growth for the company over time including strong forecasts from analysts and increasing interest from institutional investors in its shares.