Brookfield Asset Management Inc (BAM) Hits a 52-Week High

Brookfield Asset Management Inc (BAM) Hits a 52-Week High”

Several other institutional investors and hedge funds also recently modified their holdings of BAM. As of the end of the quarter Manufacturers Life Insurance Company, The had bought 9,629,378 shares growing its stake by 6,902.2%. Checchi Capital Advisers LLC acquired a new stake in Brookfield Asset Management during the second quarter worth about $208,000. The value of the investment in (BAM) went from $5,087,000 to $382,454,000 a change of $377,367,000 since the last quarter. Bronfman E.L. Rothschild L.P. grew its stake in Brookfield Asset Management by 112.3% during the second quarter. If you are viewing this news story on another publication, it was illegally stolen and reposted in violation of United States and worldwide copyright & trademark legislation.

More notable recent Brookfield Asset Management Inc (NYSE:BAM) news were published by: which released: "Brookfield Business Partners raising capital" on September 19, 2017, also with their article: "Brookfield Renewable Partners: Strong & Steady" published on September 18, 2017, published: "Brookfield Asset Management Inc".

ILLEGAL ACTIVITY NOTICE: "Quantitative Investment Management LLC Has $5.34 Million Position in Brookfield Asset Management Inc (BAM)" was first published by TrueBlueTribune and is owned by of TrueBlueTribune. Overall, volume was down 98.80% under the stocks normal daily volume. Company's 50 day SMA is $39.10 and its 200 day SMA is $38.06. The value of the total investment in Brookfield Asset Management Inc decreased from $1,000 to $1,000 decreasing 0.0% since the last quarter. The stock has a market cap of $38.97 billion, a price-to-earnings ratio of 31.53 and a beta of 1.03. The financial services provider reported $0.19 EPS for the quarter, missing the Zacks' consensus estimate of $0.47 by ($0.28). The company had revenue of $9.44 billion during the quarter, compared to analysts' expectations of $5.27 billion. Brookfield Asset Management had a net margin of 4.87% and a return on equity of 2.10%. The firm's revenue for the quarter was up 58.1% compared to the same quarter a year ago. During the same quarter past year, the firm posted $0.15 EPS.

More About Brookfield Asset Management Inc. The dividend was $0.140 per share for the quarter or $0.56 on an annualized basis. The stock recorded a rise in short interest of 17.68% between August 15, 2017 and August 31, 2017. Brookfield Asset Management's dividend payout ratio (DPR) is 43.75%. On Monday, September 25 the stock rating was maintained by Keefe Bruyette & Woods with "Buy". Lastly, Royal Bank Of Canada reiterated a "buy" recommendation and fixed a $42.00 target price on the stock of Brookfield Asset Management in a note on Tue, Jun 20th. around three Brokerage firms have recommended the share with a hold recommendation and around seven has issued a buy recommendation to the firms shares. BidaskClub upgraded shares of Brookfield Asset Management from a "hold" rating to a "buy" rating in a research note on Thursday, June 29th. Royal Bank of Canada now has a $41.00 price target on the stock. Scotiabank raised their price target on Brookfield Asset Management from $41.75 to $42.50 and gave the company an "outperform" rating in a report on Wednesday, August 9th.

Brookfield Asset Management (NYSE:BAM) (TSE:BAM.A) previously announced its earnings report on Early Thur, Aug 10th. The stock presently has a consensus rating of Buy and an average target price of $40.44.

Brookfield Asset Management an alternative asset manager. The Firm operates in eight divisions. This capital includes publicly listed partnerships that are listed on stock exchanges, as well as private institutional partnerships that are available to accredited investors, typically pension funds, endowments and other institutional investors.

Like this


01 October 2017
Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Mattel (MAT) Stock Price
The analysts estimated EPS for the higher end at 0.7 and lower end at 0.45 while the year ago reported earnings per share was 0.9. It is positive, as 55 investors sold AXP shares while 443 reduced holdings. 104 funds opened positions while 306 raised stakes.

01 October 2017
San Juan mayor answers Trump's Twitter attack
Trump has repeatedly boasted about the positive reviews he said his administration is getting from Puerto Rico and the U.S. But Puerto Rican officials say supplies have been held up in ports, unable to be delivered.

01 October 2017
United States citizens advised against visiting Cuba after "specific attacks"
Embassy in Cuba will stop processing visas for prospective Cuban travelers to the United States indefinitely. Investigators have been unable to determine who is responsible or what is causing these attacks.

01 October 2017
Mohammed Shami and I must take more responsibility in ODIs: Umesh Yadav
But you can t say that you will play Tests only because there will be a time when there are not playing enough games in a season. You know the line and length you need on a particular surface and you focus on that. "I am happier playing Tests", Umesh said.

01 October 2017
Nordea Investment Management AB Purchases 17029 Shares of Skyworks Solutions, Inc. (SWKS)
It is negative, as 58 investors sold PFE shares while 716 reduced holdings. 53 funds opened positions while 115 raised stakes. Credit Suisse Ag, Switzerland-based fund reported 384,471 shares. 6,018 were reported by Fort Washington Investment Advsr Oh.

01 October 2017
Thousands rally in Madrid for Spanish unity ahead of Catalonia vote
He says voter referendums can't be equated with democracy, saying that often they are the "instrument of choice of dictators". The Catalan government had not yet made clear how it would respond if the plebiscite results in a "yes" vote.

01 October 2017
Johnson & Johnson (NYSE:JNJ) Sees Volume Pop in Session
Windsor Capital Management Llc holds 0.74% of its portfolio in Gabelli Convertbl and Incm Scrts Fnd Inc for 287,070 shares. Digging a bit further, company shares have been noted -5.16% off the 52 week high and 18.93% away from the 52 week low.

01 October 2017
Can analysts adopt a bullish outlook for Just Eat PLC (LON:JE)?
The Firm operates through five divisions: Southern Timber, Pacific Northwest Timber, New Zealand Timber, Real Estate and Trading. Shares of Berkeley Group Holdings PLC ( LON BKG ) traded up 1.17% during mid-day trading on Tuesday, reaching GBX 3717.00.

01 October 2017
Amgen Inc. (AMGN) - Credit Suisse Holds Rating And Sets New Price Target
Restructuring Capital Associates Lp holds 6.8% of its portfolio in Fraport AG Frankfurt Arprt Svcs Wrldwde for 561,909 shares. In a report sent to investors this morning, Credit Suisse reaffirmed their Outperform rating on Amgen (NASDAQ:AMGN) shares.

01 October 2017
José Mourinho frustrated by Manchester United's schedule for Champions League away trips
With several key players missing, Manchester United manager Mourinho has urged his team to show patience in Russian Federation . Five minutes are on the clock, so get guessing. "Of course it is exciting times here and I want to be part of the success".