Has $574000 Position in Brookfield Asset Management Inc (BAM)

Elias Hubbard
July 19, 2017

The Asset Management segment manages its listed partnerships, private funds and public markets on behalf of its clients. The Parkwood Llc holds 152,344 shares with $5.03M value, up from 133,855 last quarter. They now have a Dollars 39.25 price target on the stock. It is down 13.98% since July 18, 2016 and is uptrending. It has underperformed by 2.72% the S&P500.

Forward Management Llc decreased its stake in Neenah Paper Inc (NP) by 65.55% based on its latest 2016Q4 regulatory filing with the SEC. The institutional investor owned 1,828,092 shares of the financial services provider's stock after selling 33,680 shares during the period. The stock of Biogen Inc (NASDAQ:BIIB) has "Hold" rating given on Tuesday, July 11 by Jefferies. The company has a market cap of $37.37 billion, a PE ratio of 31.27 and a beta of 1.04. Given that liquidity is king in short-term, VOD is a stock with 2.8 billion shares outstanding that normally trades 0.38% of its float. About 148,659 shares traded. It has underperformed by 47.76% the S&P500. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.44%. The insider Sandrock Alfred sold $282,238. Heinrichs Steven S sold $454,476 worth of stock. During the same period a year ago, the firm earned $0.69 EPS. The financial services provider reported ($0.08) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.18 by $0.26.

More news for Neenah Paper, Inc. The hedge fund run by Lou Simpson held 8.25M shares of the building operators company at the end of 2016Q4, valued at $272.44M, down from 9.79M at the end of the previous reported quarter. The stock has "Buy" rating by Nomura on Friday, July 14. Gould Asset Management LLC CA bought a new stake in shares of Brookfield Asset Management during the first quarter worth about $213,000. It also increased its holding in Farmland Partners Inc (NYSE:FPI) by 192,500 shares in the quarter, for a total of 342,500 shares, and has risen its stake in Sl Green Rlty Corp (NYSE:SLG).

Investors sentiment decreased to 1.22 in Q4 2016. 183.23 million shares or 1.51% less from 186.04 million shares in 2016Q3 were reported. 27 funds opened positions while 57 raised stakes. Qci Asset Management Incorporated New York holds 170 shares or 0% of its portfolio. Northside Limited Liability Company holds 0.09% of its portfolio in Biogen Inc (NASDAQ:BIIB) for 852 shares. Noting its average daily volume at 0.93 million shares each day over the month, this signifies a pretty significant change over the norm. 62,843 are held by Jpmorgan Chase And. (BAM) exchanged hands at an unexpectedly low level of 0.39 million shares over the course of the day. (NYSE:NP) for 1,952 shares. Shareholders of record on Wednesday, May 31st were given a dividend of $0.14 per share. Oak Ridge Ltd Com invested 0.18% of its portfolio in Biogen Inc (NASDAQ:BIIB). Meeder Asset holds 5,232 shares.

Among 7 analysts covering Brookfield Asset Management Inc. Therefore 100% are positive. On average, analysts forecast that Brookfield Asset Management will post $1.32 earnings per share for the current year. The stock has "Outperform" rating by Keefe Bruyette & Woods on Tuesday, May 24. IBC upgraded the shares of BAM in report on Friday, October 16 to "Sector Outperform" rating.

The share price of Brookfield Asset Management Inc (NYSE:BAM) was down -1.12% during the last trading session, with a day high of 39.45. The firm has "Buy" rating by Roth Capital given on Monday, June 6. RBC Capital Markets maintained Brookfield Asset Management Inc (NYSE:BAM) rating on Tuesday, June 20. RBC Capital Markets maintained the stock with "Top Pick" rating in Monday, November 14 report. BMO Capital Markets has "Market Perform" rating and $360 target. Zacks upgraded the stock to "Sell" rating in Monday, August 17 report.

TRADEMARK VIOLATION NOTICE: "Brookfield Asset Management Inc (NYSE:BAM) Earns Buy Rating from Royal Bank Of Canada" was originally posted by Sports Perspectives and is the property of of Sports Perspectives. The firm has "Buy" rating given on Thursday, February 25 by Citigroup. Finally, Laurel Wealth Advisors Inc. acquired a new stake in shares of Brookfield Asset Management during the first quarter valued at about $237,000.

Brookfield Asset Management (NYSE:BAM) (TSE:BAM.A) last posted its quarterly earnings results on Thursday, May 11th. Buy Home Capital Group Inc.?" with publication date: "June 21, 2017. It also upped Macquarie Infrastructure Cor (NYSE:MIC) stake by 19,273 shares and now owns 131,643 shares.

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