Arrowstreet Capital Limited Partnership Sells 6,361 Shares of Brookfield Wealth Solutions Ltd. (NYSE:BNT)

Arrowstreet Capital Limited Partnership reduced its position in Brookfield Wealth Solutions Ltd. (NYSE:BNT - Free Report) by 12.1% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 46,229 shares of the company's stock after selling 6,361 shares during the period. Arrowstreet Capital Limited Partnership's holdings in Brookfield Wealth Solutions were worth $2,656,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of BNT. Lincluden Management Ltd. acquired a new stake in shares of Brookfield Wealth Solutions in the fourth quarter valued at approximately $83,000. Swiss National Bank raised its stake in Brookfield Wealth Solutions by 53.8% in the 4th quarter. Swiss National Bank now owns 38,600 shares of the company's stock valued at $2,219,000 after acquiring an additional 13,500 shares during the period. Montrusco Bolton Investments Inc. raised its stake in Brookfield Wealth Solutions by 7.9% in the 4th quarter. Montrusco Bolton Investments Inc. now owns 151,641 shares of the company's stock valued at $8,718,000 after acquiring an additional 11,064 shares during the period. Finally, Proficio Capital Partners LLC lifted its holdings in Brookfield Wealth Solutions by 5,644.0% during the 4th quarter. Proficio Capital Partners LLC now owns 1,362,821 shares of the company's stock valued at $78,280,000 after purchasing an additional 1,339,095 shares during the last quarter. Institutional investors own 20.31% of the company's stock.

Brookfield Wealth Solutions Trading Down 0.1 %

Shares of NYSE:BNT traded down $0.07 on Tuesday, hitting $49.17. The company had a trading volume of 1,344 shares, compared to its average volume of 16,963. The company has a market cap of $7.15 billion, a PE ratio of 153.66 and a beta of 1.59. The stock's 50 day moving average is $54.01. Brookfield Wealth Solutions Ltd. has a 1-year low of $38.25 and a 1-year high of $62.72.

Brookfield Wealth Solutions (NYSE:BNT - Get Free Report) last announced its earnings results on Thursday, February 13th. The company reported $0.08 EPS for the quarter. Brookfield Wealth Solutions had a net margin of 0.10% and a return on equity of 0.14%.

Brookfield Wealth Solutions Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 14th were paid a dividend of $0.09 per share. The ex-dividend date of this dividend was Friday, March 14th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 0.73%. Brookfield Wealth Solutions's dividend payout ratio (DPR) is currently 112.50%.

About Brookfield Wealth Solutions

Brookfield Wealth Solutions is focused on securing the financial futures of individuals and institutions through a range of retirement services, wealth protection products and tailored capital solutions. Through our operating subsidiaries, we offer a broad range of insurance products and services, including annuities, personal and commercial property and casualty insurance and life insurance.The company was incorporated in 2020 and is headquartered in Pembroke, Bermuda.