Brookstone Capital Management reduced its holdings in Mobile Infrastructure Co. (NASDAQ:BEEP – Free Report) by 54.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 22,054 shares of the company’s stock after selling 26,301 shares during the period. Brookstone Capital Management’s holdings in Mobile Infrastructure were worth $99,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also made changes to their positions in BEEP. International Assets Investment Management LLC lifted its holdings in Mobile Infrastructure by 216.0% during the third quarter. International Assets Investment Management LLC now owns 172,066 shares of the company’s stock valued at $564,000 after purchasing an additional 117,607 shares in the last quarter. Geode Capital Management LLC raised its position in shares of Mobile Infrastructure by 40.5% during the 3rd quarter. Geode Capital Management LLC now owns 283,474 shares of the company’s stock worth $930,000 after purchasing an additional 81,727 shares during the last quarter. Centaurus Financial Inc. lifted its stake in Mobile Infrastructure by 6.7% in the 2nd quarter. Centaurus Financial Inc. now owns 93,018 shares of the company’s stock valued at $319,000 after buying an additional 5,869 shares in the last quarter. CWM LLC boosted its holdings in Mobile Infrastructure by 40.8% in the 3rd quarter. CWM LLC now owns 38,810 shares of the company’s stock worth $127,000 after buying an additional 11,245 shares during the last quarter. Finally, Concorde Asset Management LLC increased its stake in Mobile Infrastructure by 5.5% during the 3rd quarter. Concorde Asset Management LLC now owns 57,164 shares of the company’s stock worth $187,000 after buying an additional 2,985 shares in the last quarter. 84.30% of the stock is currently owned by hedge funds and other institutional investors.
Mobile Infrastructure Price Performance
Shares of Mobile Infrastructure stock opened at $3.93 on Monday. The stock has a market capitalization of $164.67 million, a P/E ratio of -4.37 and a beta of 0.59. The business has a 50 day simple moving average of $3.73 and a two-hundred day simple moving average of $3.33. Mobile Infrastructure Co. has a 12 month low of $2.48 and a 12 month high of $4.86. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.10 and a quick ratio of 0.10.
Mobile Infrastructure Company Profile
Mobile Infrastructure Corporation is a Maryland corporation. The Company owns a diversified portfolio of parking assets primarily located in the Midwest and Southwest. As of December 31, 2023, the Company owned 43 parking facilities in 21 separate markets throughout the United States, with a total of 15,700 parking spaces and approximately 5.4 million square feet.
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