Press coverage about Brookfield Infrastructure Partners (NYSE:BIP) (TSE:BIP.UN) has trended somewhat positive this week, Accern Sentiment reports. The research group ranks the sentiment of media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Brookfield Infrastructure Partners earned a news impact score of 0.16 on Accern’s scale. Accern also assigned news stories about the utilities provider an impact score of 45.8985897330938 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

These are some of the media headlines that may have effected Accern Sentiment Analysis’s analysis:

A number of research firms recently issued reports on BIP. TD Securities increased their price objective on Brookfield Infrastructure Partners to $57.00 and gave the stock a “buy” rating in a report on Monday, September 18th. Zacks Investment Research downgraded Brookfield Infrastructure Partners from a “buy” rating to a “hold” rating in a report on Tuesday, November 7th. Scotiabank reiterated an “outperform” rating and set a $53.00 price objective on shares of Brookfield Infrastructure Partners in a report on Monday, September 18th. Credit Suisse Group began coverage on Brookfield Infrastructure Partners in a report on Monday, September 18th. They set a “neutral” rating and a $44.00 price objective for the company. Finally, BidaskClub upgraded Brookfield Infrastructure Partners from a “hold” rating to a “buy” rating in a report on Friday, August 11th. Three analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $50.15.

Shares of Brookfield Infrastructure Partners (BIP) traded up $0.08 during midday trading on Thursday, reaching $43.99. The company had a trading volume of 151,497 shares, compared to its average volume of 375,216. Brookfield Infrastructure Partners has a 1 year low of $31.96 and a 1 year high of $44.91. The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 0.61. The firm has a market capitalization of $12,123.39, a PE ratio of 162.41, a PEG ratio of 1.28 and a beta of 1.05.

Brookfield Infrastructure Partners declared that its Board of Directors has approved a stock repurchase plan on Tuesday, November 7th that authorizes the company to buyback 13,820,000 shares. This buyback authorization authorizes the utilities provider to purchase shares of its stock through open market purchases. Shares buyback plans are usually a sign that the company’s board believes its stock is undervalued.

The business also recently declared a quarterly dividend, which will be paid on Friday, December 29th. Investors of record on Thursday, November 30th will be given a dividend of $0.435 per share. The ex-dividend date of this dividend is Wednesday, November 29th. This represents a $1.74 annualized dividend and a yield of 3.96%. Brookfield Infrastructure Partners’s dividend payout ratio (DPR) is presently 644.44%.

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Brookfield Infrastructure Partners Company Profile

Brookfield Infrastructure Partners L.P. owns and operates utilities, transport, energy and communications infrastructure businesses in North and South America, Europe and Asia Pacific. The Company’s segments include utilities, transport, energy, communications infrastructure and other. The utilities segment consists of regulated businesses, including regulated distribution (electricity and natural gas connections), electricity transmission and a regulated terminal (coal export terminal).

Insider Buying and Selling by Quarter for Brookfield Infrastructure Partners (NYSE:BIP)

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