Cardinal Capital Management increased its Brookfield Asset Management stake 179% in Q3, contributing to a 61.6% institutional ownership.

Cardinal Capital Management Inc. boosted its stake in Brookfield Asset Management by 179% in Q3, now owning 79,045 shares. Other institutional investors also increased their holdings, contributing to a collective 61.6% ownership. Brookfield reported a Q3 EPS of $1.35, surpassing estimates. Analysts offer mixed ratings, with an average target price of $46.41. The firm specializes in alternative asset management, including real estate and renewable energy.

October 13, 2024
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