American Assets Capital Advisers Trimmed Its Brookfield Infrast Partners (BIP) Stake, Engelhard (EC) Sentiment Is 0.75

June 30, 2017 - By Henry Gaston

Ecopetrol S.A. is an oil company. The Company operates in Colombia, Peru, Brazil and the United States Gulf Coast. The company has market cap of $18.46 billion. The Company’s divisions include Exploration and Production, Transportation and Logistics, and Refining, Petrochemicals and Biofuels. It has a 26.74 P/E ratio. The Company’s Exploration and Production segment includes exploration, development and production activities in Colombia and abroad.

American Assets Capital Advisers decreased Brookfield Infrast Partners (BIP) stake by 16.33% reported in 2016Q4 SEC filing. American Assets Capital Advisers sold 29,017 shares as Brookfield Infrast Partners (BIP)’s stock rose 9.21%. The American Assets Capital Advisers holds 148,716 shares with $4.98M value, down from 177,733 last quarter. Brookfield Infrast Partners now has $15.02B valuation. It closed at $40.98 lastly. It is down 38.95% since June 30, 2016 and is uptrending. It has outperformed by 22.25% the S&P500.

Corecommodity Management Llc holds 0.69% of its portfolio in Ecopetrol SA (ADR) for 86,600 shares. Baring Asset Management Ltd owns 517,477 shares or 0.32% of their US portfolio. Moreover, Campbell & Co Investment Adviser Llc has 0.3% invested in the company for 10,865 shares. The New York-based Global X Management Co Llc has invested 0.26% in the stock. Koch Industries Inc, a Kansas-based fund reported 11,808 shares.

It closed at $8.92 lastly. It is down 7.58% since June 30, 2016 and is uptrending. It has underperformed by 9.12% the S&P500.

Among 8 analysts covering Brookfield Infrastructure Partners (NYSE:BIP), 6 have Buy rating, 0 Sell and 2 Hold. Therefore 75% are positive. Brookfield Infrastructure Partners had 20 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was downgraded by Raymond James on Monday, September 26 to “Outperform”. On Tuesday, December 1 the stock rating was initiated by National Bank Canada with “Outperform”. The firm earned “Sector Perform” rating on Tuesday, August 18 by Scotia Capital. The rating was maintained by Barclays Capital with “Equal-Weight” on Friday, January 22. TD Securities maintained Brookfield Infrastructure Partners L.P. (NYSE:BIP) on Wednesday, March 16 with “Buy” rating. TD Securities maintained Brookfield Infrastructure Partners L.P. (NYSE:BIP) rating on Monday, September 26. TD Securities has “Buy” rating and $38 target. The firm earned “Outperform” rating on Thursday, February 4 by RBC Capital Markets. The stock of Brookfield Infrastructure Partners L.P. (NYSE:BIP) has “Neutral” rating given on Friday, February 10 by Credit Suisse. The firm has “Strong Buy” rating given on Wednesday, January 13 by Raymond James. The company was upgraded on Friday, June 16 by Credit Suisse.