From MarketBeat:



DAVENPORT & Co LLC increased its stake in Brookfield Co. by 16.6% in the 3rd quarter, now owning 9,540,134 shares worth $298,320,000. Moneta Group Investment Advisors LLC, Bank of Montreal Can, 1832 Asset Management L.P., Mackenzie Financial Corp, and Norges Bank have also invested in Brookfield. Two research analysts have given the stock a hold rating, seven have given it a buy rating, and one has rated it as a strong buy. The consensus is a “Moderate Buy” with an average target price of $43.63. The company’s stock has a trading volume of 1,986,470 shares, and its price has ranged from $28.25 to $40.40 in the past year. In its most recent quarterly earnings report, Brookfield reported $0.73 EPS, beating analysts’ estimates. The company also declared a $0.07 quarterly dividend, representing a $0.28 dividend on an annualized basis and a 0.70% yield. Insider trading activity has been reported recently. Brookfield is an alternative asset manager and REIT/Real Estate Investment Manager focused on real estate, renewable power, infrastructure, and venture capital and private equity assets. Analysts recommend five other stocks over Brookfield. If you’re interested, click the link provided to see what other stocks top analysts are recommending, as well as MarketBeat’s list of 10 stocks that can thrive in any economic environment.



Original: DAVENPORT & Co LLC Purchases 1,357,479 Shares of Brookfield Co. (NYSE:BN)