Brookfield Business (NYSE:BBUC) Cut to Sell at Wall Street Zen

Wall Street Zen lowered shares of Brookfield Business (NYSE:BBUC) from a hold rating to a sell rating in a research report report published on Monday morning.

Brookfield Business Trading Up 1.4%

Shares of NYSE BBUC opened at $32.73 on Monday. Brookfield Business has a 1-year low of $21.52 and a 1-year high of $37.88.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Brookfield Business stock. Bank of America Corp DE boosted its position in Brookfield Business Corp (NYSE:BBUC) by 6.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 52,377 shares of the company’s stock after purchasing an additional 3,348 shares during the period. Bank of America Corp DE’s holdings in Brookfield Business were worth $1,756,000 as of its most recent filing with the Securities & Exchange Commission.

About Brookfield Business

Brookfield Business Corporation focuses on healthcare, construction, and wastewater services in the United States, Europe, Australia, the United Kingdom, Canada, and Brazil. It operates through three segments: Business Services, Infrastructure Services, and Industrials. The company operates 42 hospitals; offers construction services for office, residential, hospitality and leisure, social infrastructure, retail, and mixed-use properties; and provides nuclear technology services, such as fuel, maintenance services, engineering solutions, instrumentation and control systems, and manufactured components for nuclear power plants.