Brookfield Wealth Solutions Ltd. (NYSE:BNT - Get Free Report) reached a new 52-week high during 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 Stock Performance
The company has a quick ratio of 0.21, a current ratio of 0.21 and a debt-to-equity ratio of 0.02. The company has a market capitalization of $16.15 billion, a PE ratio of 203.55 and a beta of 1.57. The firm's 50-day simple moving average is $60.32.
Brookfield Wealth Solutions (NYSE:BNT - Get Free Report) last issued its quarterly earnings data 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 Announces Dividend
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 dividend of $0.09 per share. This represents a $0.36 annualized dividend and a yield of 0.54%. The ex-dividend date of this dividend was Friday, June 13th. Brookfield Wealth Solutions's payout ratio is currently 109.09%.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently made changes to their positions in BNT. Swiss National Bank boosted its holdings in Brookfield Wealth Solutions by 53.8% during the fourth quarter. Swiss National Bank now owns 38,600 shares of the company's stock worth $2,219,000 after buying an additional 13,500 shares in the last quarter. National Bank of Canada FI boosted its holdings in Brookfield Wealth Solutions by 8,323.4% during the fourth quarter. National Bank of Canada FI now owns 309,727 shares of the company's stock worth $17,791,000 after buying an additional 306,050 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Brookfield Wealth Solutions by 143.9% during the fourth quarter. Geode Capital Management LLC now owns 23,990 shares of the company's stock worth $1,378,000 after buying an additional 14,155 shares in the last quarter. Bank of Montreal Can purchased a new stake in Brookfield Wealth Solutions during the fourth quarter worth about $16,544,000. Finally, Legal & General Group Plc boosted its holdings in Brookfield Wealth Solutions by 84.9% during the fourth quarter. Legal & General Group Plc now owns 12,539 shares of the company's stock worth $721,000 after buying an additional 5,757 shares in the last quarter. 20.31% of the stock is currently owned by institutional investors and hedge funds.
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
Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.