Brookfield Wealth Solutions Ltd. (NYSE:BNT - Get Free Report) shares hit a new 52-week high during trading on Tuesday . The stock traded as high as $64.46 and last traded at $63.00, with a volume of 13162 shares traded. The stock had previously closed at $64.18.
Brookfield Wealth Solutions Stock Down 1.2%
The company has a fifty day moving average of $59.34. The firm has a market capitalization of $15.17 billion, a P/E ratio of 191.19 and a beta of 1.57. The company has a quick ratio of 0.21, a current ratio of 0.21 and a debt-to-equity ratio of 0.02.
Brookfield Wealth Solutions (NYSE:BNT - Get Free Report) last posted its quarterly earnings data on Thursday, May 8th. The company reported $0.09 EPS for the quarter. Brookfield Wealth Solutions had a return on equity of 0.13% and a net margin of 0.11%.
Brookfield Wealth Solutions Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Friday, June 13th were paid a dividend of $0.09 per share. The ex-dividend date of this dividend was Friday, June 13th. This represents a $0.36 dividend on an annualized basis and a yield of 0.57%. Brookfield Wealth Solutions's dividend payout ratio (DPR) is presently 109.09%.
Institutional Inflows and Outflows
A number of hedge funds have recently modified their holdings of the stock. Renaissance Technologies LLC increased its position in shares of Brookfield Wealth Solutions by 4.7% in the fourth quarter. Renaissance Technologies LLC now owns 8,900 shares of the company's stock worth $511,000 after purchasing an additional 400 shares during the period. TD Asset Management Inc increased its holdings in Brookfield Wealth Solutions by 1.8% in the 1st quarter. TD Asset Management Inc now owns 39,504 shares of the company's stock valued at $2,064,000 after buying an additional 688 shares during the period. Barclays PLC increased its holdings in Brookfield Wealth Solutions by 54.3% in the 4th quarter. Barclays PLC now owns 4,111 shares of the company's stock valued at $236,000 after buying an additional 1,447 shares during the period. Northwest & Ethical Investments L.P. bought a new position in Brookfield Wealth Solutions in the first quarter valued at approximately $77,000. Finally, NBC Securities Inc. increased its stake in Brookfield Wealth Solutions by 172,600.0% in the first quarter. NBC Securities Inc. now owns 1,727 shares of the company's stock valued at $90,000 after acquiring an additional 1,726 shares during the last quarter. Institutional investors own 20.31% of the company's stock.
Brookfield Wealth Solutions Company Profile
(
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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.
Further Reading
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