Gluskin Sheff & Assoc INC Stake in Brookfield Asset Mgmt INC (BAM) Decreased by $3.38 Million as Shares Rose

Brookfield Asset Management Inc. (NYSE:BAM) Corporate Logo

Based on the latest 2018Q4 regulatory filing with the SEC, Gluskin Sheff & Assoc Inc reduced its stake in Brookfield Asset Mgmt Inc (BAM) by 4.79%. By selling 88,816 shares Gluskin Sheff & Assoc Inc made the stock popped up with 2.77%. At the end of 2018Q4, the 1.76 million shares of the building operators company held by the institutional investor were priced at $67.62 million, down from 1.85 million at the end of the previous reported quarter. $45.35B is the market cap of Brookfield Asset Mgmt Inc. Ticker’s shares touched $47.26 during the last trading session after 0.15% change.Brookfield Asset Management Inc. has volume of 1.03M shares. Since April 9, 2018 BAM has risen 18.56% and is uptrending. BAM outperformed the S&P 500 by 14.19%.

About $7.77B and $1.55 billion US Long portfolio Gluskin Sheff & Assoc Inc operates. It upped its stake in Enbridge Inc (NYSE:ENB) by 731,905 shares to 856,491 shares, valued at $26.61 million in 2018Q4, according to the filing. For a total of 1.16 million shares it increased its holding in Suncor Energy Inc New (NYSE:SU) by 338,021 shares in the quarter, and has risen its stake in Madison Square Garden Co New.

For more Brookfield Asset Management Inc. (NYSE:BAM) news released recently go to: Globenewswire.com, Bizjournals.com, Seekingalpha.com, Nasdaq.com or Seekingalpha.com. The titles are as follows: “Brookfield Asset Management Reports Third Quarter 2018 Results – GlobeNewswire” released on November 08, 2018, “Brookfield to buy most of Oaktree, a potential bidder to run Lambert airport – St. Louis Business Journal” on March 15, 2019, “Brookfield’s Oaktree Deal: Looks Decent Even Without Synergies – Seeking Alpha” with a publish date: March 25, 2019, “Brookfield Business Partners Completes Annual Filings – Nasdaq” and the last “What I Did With The $42,000 That Came Into My Retirement Account – Seeking Alpha” with publication date: April 07, 2019.

Brookfield Asset Management Inc. (NYSE:BAM) Ratings Coverage

In total 3 analysts cover Brookfield Asset Mgmt (NYSE:BAM). “Buy” rating has 3, “Sell” are 0, while 0 are “Hold”. (NYSE:BAM) has 100% bullish analysts. 5 are the (NYSE:BAM)’s ratings reports on Apr 9, 2019 according to StockzIntelligence Inc. On Friday, November 9 Credit Suisse upgraded the shares of BAM in report to “Outperform” rating. On Tuesday, February 19 the rating was maintained by RBC Capital Markets with “Buy”.

Brookfield Asset Management Inc. (NYSE:BAM) Analyst Ratings Chart

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