Brookfield Wealth Solutions Ltd. $BNT Shares Acquired by Montrusco Bolton Investments Inc.

Key Points

• Montrusco Bolton Investments increased its stake in Brookfield Wealth Solutions by 74.8%, adding 100,537 shares to hold 234,974 shares worth about $10.83 million, and institutional investors now own roughly 20.31% of the company.
• Brookfield raised its quarterly dividend to $0.07 (paid March 31), but the payout ratio is a high 116.67% despite weak recent profitability (last quarter EPS $0.06, net margin 0.14%, ROE 0.10%).
• Analysts have recently downgraded the stock—Weiss cut to "Hold" and Wall Street Zen to "Sell"—leaving Brookfield with an average rating of Hold.

Montrusco Bolton Investments Inc. lifted its position in shares of Brookfield Wealth Solutions Ltd. (NYSE:BNT - Free Report) by 74.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 234,974 shares of the company's stock after purchasing an additional 100,537 shares during the period. Montrusco Bolton Investments Inc. owned about 0.07% of Brookfield Wealth Solutions worth $10,832,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. NBC Securities Inc. lifted its position in shares of Brookfield Wealth Solutions by 49.9% during the fourth quarter. NBC Securities Inc. now owns 2,543 shares of the company's stock worth $117,000 after purchasing an additional 846 shares in the last quarter. TD Waterhouse Canada Inc. raised its holdings in Brookfield Wealth Solutions by 45.4% in the fourth quarter. TD Waterhouse Canada Inc. now owns 3,281 shares of the company's stock valued at $144,000 after acquiring an additional 1,025 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in Brookfield Wealth Solutions by 50.0% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 10,918 shares of the company's stock valued at $502,000 after acquiring an additional 3,639 shares in the last quarter. Tandem Capital Management Corp ADV raised its holdings in Brookfield Wealth Solutions by 44.3% in the fourth quarter. Tandem Capital Management Corp ADV now owns 154,562 shares of the company's stock valued at $7,102,000 after acquiring an additional 47,484 shares in the last quarter. Finally, Susquehanna International Group LLP acquired a new stake in Brookfield Wealth Solutions in the third quarter valued at $316,000. 20.31% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. Weiss Ratings cut shares of Brookfield Wealth Solutions from a "buy (b)" rating to a "hold (c+)" rating in a report on Friday, April 10th. Wall Street Zen cut shares of Brookfield Wealth Solutions from a "hold" rating to a "sell" rating in a report on Saturday, March 28th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Brookfield Wealth Solutions currently has an average rating of "Hold".

Brookfield Wealth Solutions Stock Up 0.5%

BNT stock opened at $45.58 on Friday. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.22 and a quick ratio of 0.22. Brookfield Wealth Solutions Ltd. has a 1-year low of $34.95 and a 1-year high of $49.86. The firm has a fifty day moving average price of $43.70 and a two-hundred day moving average price of $45.27. The firm has a market cap of $15.41 billion, a price-to-earnings ratio of 189.90 and a beta of 1.56.

Brookfield Wealth Solutions (NYSE:BNT - Get Free Report) last released its earnings results on Thursday, February 12th. The company reported $0.06 earnings per share for the quarter. Brookfield Wealth Solutions had a net margin of 0.14% and a return on equity of 0.10%. The firm had revenue of $3.05 billion during the quarter.

Brookfield Wealth Solutions Increases Dividend

The firm also recently announced a dividend, which was paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 17th were paid a dividend of $0.07 per share. The ex-dividend date was Tuesday, March 17th. This is a positive change from Brookfield Wealth Solutions's previous dividend of $0.06. Brookfield Wealth Solutions's payout ratio is presently 116.67%.

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.

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