Leavell Investment Management Inc. Has $1.93 Million Position in Brookfield Co. (NYSE:BN)

Leavell Investment Management Inc. lessened its stake in shares of Brookfield Co. (NYSE:BN) by 4.5% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 33,554 shares of the company’s stock after selling 1,564 shares during the period. Leavell Investment Management Inc.’s holdings in Brookfield were worth $1,928,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. First Personal Financial Services bought a new stake in Brookfield during the 3rd quarter valued at $42,000. FSA Wealth Management LLC bought a new stake in Brookfield during the 3rd quarter valued at $42,000. Prestige Wealth Management Group LLC increased its stake in Brookfield by 137.0% during the 3rd quarter. Prestige Wealth Management Group LLC now owns 865 shares of the company’s stock valued at $46,000 after purchasing an additional 500 shares in the last quarter. Continuum Advisory LLC bought a new stake in Brookfield during the 3rd quarter valued at $55,000. Finally, Pinnacle Bancorp Inc. increased its stake in Brookfield by 29.5% during the 4th quarter. Pinnacle Bancorp Inc. now owns 969 shares of the company’s stock valued at $56,000 after purchasing an additional 221 shares in the last quarter. Institutional investors and hedge funds own 61.60% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. Scotiabank boosted their price target on shares of Brookfield from $69.00 to $71.00 and gave the company a “sector outperform” rating in a research note on Monday, February 3rd. CIBC boosted their price target on shares of Brookfield from $68.00 to $70.00 and gave the company an “outperformer” rating in a research note on Thursday, January 23rd. BMO Capital Markets reiterated an “outperform” rating and issued a $62.00 target price (up previously from $50.00) on shares of Brookfield in a research note on Friday, November 15th. Morgan Stanley assumed coverage on shares of Brookfield in a research note on Thursday, January 23rd. They issued an “overweight” rating and a $80.00 target price for the company. Finally, TD Securities upped their target price on shares of Brookfield from $74.00 to $75.00 and gave the stock a “buy” rating in a research note on Tuesday. One research analyst has rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $64.00.

Brookfield Price Performance

BN opened at $58.58 on Thursday. The firm has a market cap of $96.41 billion, a P/E ratio of 124.64 and a beta of 1.57. The firm has a 50-day moving average of $58.41 and a 200 day moving average of $54.39. The company has a debt-to-equity ratio of 1.40, a quick ratio of 1.03 and a current ratio of 1.17. Brookfield Co. has a fifty-two week low of $38.18 and a fifty-two week high of $62.78.

Brookfield Company Profile

Brookfield Corporation is an alternative asset manager and REIT/Real Estate Investment Manager firm focuses on real estate, renewable power, infrastructure and venture capital and private equity assets. It manages a range of public and private investment products and services for institutional and retail clients.