Brookfield Wealth Solutions Ltd. (NYSE:BNT - Get Free Report) shares reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $64.60 and last traded at $64.55, with a volume of 10659 shares changing hands. The stock had previously closed at $63.23.
Brookfield Wealth Solutions Trading Down 1.2%
The firm has a market capitalization of $16.15 billion, a PE ratio of 203.55 and a beta of 1.57. The business's fifty day moving average is $60.11. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.21 and a current ratio of 0.21.
Brookfield Wealth Solutions (NYSE:BNT - Get Free Report) last posted its quarterly earnings results on Thursday, May 8th. The company reported $0.09 earnings per share (EPS) for the quarter. Brookfield Wealth Solutions had a net margin of 0.11% and a return on equity of 0.13%.
Brookfield Wealth Solutions Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Friday, June 13th were given a $0.09 dividend. The ex-dividend date of this dividend was Friday, June 13th. This represents a $0.36 annualized dividend and a yield of 0.54%. Brookfield Wealth Solutions's payout ratio is 109.09%.
Institutional Investors Weigh In On Brookfield Wealth Solutions
Institutional investors and hedge funds have recently made changes to their positions in the company. Northwest & Ethical Investments L.P. bought a new stake in shares of Brookfield Wealth Solutions during the first quarter worth $77,000. NBC Securities Inc. grew 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 period. Tower Research Capital LLC TRC boosted its position in shares of Brookfield Wealth Solutions by 152.1% during the fourth quarter. Tower Research Capital LLC TRC now owns 3,630 shares of the company's stock worth $209,000 after buying an additional 2,190 shares during the period. Barclays PLC boosted its position in shares of Brookfield Wealth Solutions by 54.3% during the fourth quarter. Barclays PLC now owns 4,111 shares of the company's stock worth $236,000 after buying an additional 1,447 shares during the period. Finally, TD Waterhouse Canada Inc. boosted its position in Brookfield Wealth Solutions by 78.6% during the fourth quarter. TD Waterhouse Canada Inc. now owns 4,566 shares of the company's stock valued at $262,000 after purchasing an additional 2,009 shares during the last quarter. Institutional investors own 20.31% of the company's stock.
Brookfield Wealth Solutions Company Profile
(
Get Free Report)
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.
Read More
Before you consider Brookfield Wealth Solutions, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Brookfield Wealth Solutions wasn't on the list.
While Brookfield Wealth Solutions currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
