Brookfield Asset Management Inc Stock News

Teamwork Financial Advisors LLC cut its holdings in Brookfield Asset Management Inc. (NYSE:BAM) (TSE:BAM.A) by 1.5% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 29,335 shares of the financial services provider’s stock after selling 435 shares during the period. Teamwork Financial Advisors LLC’s holdings in Brookfield Asset Management were worth $1,570,000 as of its […]

Zacks Investment Research cut shares of Brookfield Infrastructure Partners (NYSE:BIP) (TSE:BIP.UN) from a buy rating to a hold rating in a report released on Tuesday, Zacks.com reports. According to Zacks, BROOKFIELD INFRASTRUCTURE PARTNERS L.P. was established by Brookfield Asset Management as its primary vehicle to own and operate certain infrastructure assets on a global basis. []

Investment powerhouse Brookfield Asset Management has a track record in ­developing the skylines of major cities around Australia and a full workbook of new projects, but is keen to broaden its local property dealings.

Brookfield Infrastructure Partn found using ticker (BIP) have now 5 analysts in total covering the stock. The consensus rating is ''Buy''. The range between the high target price and low target price is between 92.27 and 65.72 and has a mean target at 82.41. Now with the previous closing price of 57.78 this would indicate that there is a potential upside of 42.6%. There is a 50 day moving average of 57.47 and the 200 day MA is 55.06. The company has a market cap of $17,078m. Visit the company website at: /> [stock_market_widget type="chart" symbol="BIP" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] Brookfield Infrastructure Partners L.P. owns and operates utilities, transport, midstream, and data businesses in North and South America, Europe, and the Asia Pacific. The Utilities segment operates approximately 4,200 kilometers (km) of natural gas pipelines; 2,000 km of electricity transmission lines; and 6.9 million electricity and natural gas connections, as well as 1.5 million installed smart meters; and 330,000 long-term contracted sub-metering services.

Brookfield Business Partners L. found using ticker (BBU) now have 2 analysts covering the stock. The analyst consensus points to a rating of ''None''. The range between the high target price and low target price is between 70.78 and 64.46 with a mean TP of 67.62. Now with the previous closing price of 48.28 this would imply there is a potential upside of 40.1%. The 50 day moving average now sits at 46.93 and the 200 moving average now moves to 44.18. The company has a market cap of $3,634m. Company Website: /> [stock_market_widget type="chart" symbol="BBU" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] Brookfield Business Partners L.P. is a private equity firm specializes in acquisition. The firm typically invests in business services, construction, energy, and industrials sector. It prefers to take majority stake in companies. The firm seeks returns of at least 15% on its investments. Brookfield Business Partners L.P. is based in Hamilton, Bermuda. Brookfield Business Partners L.P. operates as a subsidiary of Brookfield Asset Management Inc.

IFP Advisors Inc decreased its position in Brookfield Asset Management Inc. (NYSE:BAM) (TSE:BAM.A) by 1.7% during the third quarter, HoldingsChannel reports. The firm owned 13,382 shares of the financial services providers stock after selling 225 shares during the quarter. IFP Advisors Incs holdings in Brookfield Asset Management were worth $714,000 as of its most recent []

Timber Creek Capital Management LLC lowered its position in Brookfield Asset Management Inc. (NYSE:BAM) (TSE:BAM.A) by 7.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 214,424 shares of the financial services providers stock after selling 16,852 shares during the []

Brookfield Asset Management paid former New York Lieutenant Governor Richard Ravitch $582 million for Waterside Plaza, three years after it first bought a stake in the four-tower complex along the FDR Drive and East 25th Street. The deal closed on Oct. 28, according to New York City public records, three months after The Real Deal reported the sale. Though the price wasnt disclosed at the time, people familiar with the deal told TRD that the The post Brookfield, Ravitch ink $582M deal for Waterside Plaza appeared first on The Real Deal New York .

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Validus Risk Management (Validus), the leading independent financial risk advisory and technology firm, today announces two senior hires with the appointment of Jarv Ashford, as COO based in London, and Scott Simonton, as Principal based in New York. Mr Ashford will be responsible for driving the operating performance of the business and supporting its global expansion, while Mr Simonton will be responsible for accelerating growth in the US, as well as significantly contributing to Validus’ leading advisory service. The appointments follow a year of significant growth for Validus, with the acquisition of Canadian investment business La Financière Constance in May, and the opening of its New York office with the hire of former Goldman Sachs executive, Bryan Cohen, as US Managing Director in June. The new hires will help to continue this momentum as the business grows internationally, while further developing the service offering for fund managers, institutional investors and corporates.

Nexus Investment Management ULC lifted its stake in shares of Brookfield Asset Management Inc. (NYSE:BAM) (TSE:BAM.A) by 1.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 42,476 shares of the financial services providers stock after acquiring an additional 515 shares during []

Brookfield Asset Management (TSE:BAM.A) (NYSE:BAM) had its price target lifted by TD Securities from C$72.00 to C$75.00 in a research note published on Friday morning, BayStreet.CA reports. The firm currently has an action list buy rating on the stock. Several other analysts also recently issued reports on the stock. Tudor Pickering reissued a buy rating []

Brookfield Asset Management (NYSE:BAM) (TSE:BAM.A) had its price objective raised by analysts at Canaccord Genuity from $66.00 to $69.00 in a research note issued on Friday, PriceTargets.com reports. The firm currently has a buy rating on the financial services providers stock. Canaccord Genuitys target price points to a potential upside of 14.31% from the stocks []