Mcdonald Capital Investors Has Raised Its Brookfield Asset Mgmt (BAM) Position; ULTRAPETROL BAHAMAS LTD (ULTRF) Sellers Increased By 4.78% Their Shorts

February 15, 2018 - By Darrin Black

Mcdonald Capital Investors Inc increased Brookfield Asset Mgmt Inc (BAM) stake by 3.77% reported in 2017Q3 SEC filing. Mcdonald Capital Investors Inc acquired 34,255 shares as Brookfield Asset Mgmt Inc (BAM)’s stock rose 0.35%. The Mcdonald Capital Investors Inc holds 942,730 shares with $38.94 million value, up from 908,475 last quarter. Brookfield Asset Mgmt Inc now has $37.23B valuation. The stock increased 0.80% or $0.31 during the last trading session, reaching $39.11. About 612,565 shares traded. Brookfield Asset Management Inc. (NYSE:BAM) has risen 13.98% since February 15, 2017 and is uptrending. It has underperformed by 2.72% the S&P500.

ULTRAPETROL BAHAMAS LTD (OTCMKTS:ULTRF) had an increase of 4.78% in short interest. ULTRF’s SI was 32,900 shares in February as released by FINRA. Its up 4.78% from 31,400 shares previously. With 47,400 avg volume, 1 days are for ULTRAPETROL BAHAMAS LTD (OTCMKTS:ULTRF)’s short sellers to cover ULTRF’s short positions. It closed at $0.0055 lastly. It is down 0.00% since February 15, 2017 and is . It has underperformed by 16.70% the S&P500.

Among 9 analysts covering Brookfield Asset Management Inc. (NYSE:BAM), 9 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Brookfield Asset Management Inc. had 29 analyst reports since August 10, 2015 according to SRatingsIntel. The rating was maintained by Keefe Bruyette & Woods on Friday, November 10 with “Buy”. The stock of Brookfield Asset Management Inc. (NYSE:BAM) earned “Buy” rating by RBC Capital Markets on Tuesday, June 20. Citigroup initiated the stock with “Buy” rating in Thursday, January 19 report. The firm has “Buy” rating by RBC Capital Markets given on Wednesday, November 1. The rating was maintained by RBC Capital Markets with “Outperform” on Thursday, October 8. Citigroup maintained Brookfield Asset Management Inc. (NYSE:BAM) rating on Tuesday, August 15. Citigroup has “Buy” rating and $48 target. The company was upgraded on Friday, October 16 by IBC. The company was upgraded on Monday, August 17 by Zacks. The rating was upgraded by RBC Capital Markets to “Top Pick” on Thursday, September 22. The company was upgraded on Wednesday, September 30 by BMO Capital Markets.

Ultrapetrol Limited, an industrial shipping company, provides marine transportation services in South America, Europe, Central America, North America, and Asia. The company has market cap of $774,009. The firm operates in three divisions: River Business, Offshore Supply Business, and Ocean Business. It currently has negative earnings. The River Business segment owns and operates dry and tanker barges, and push boats in the Hidrovia region of South America.