Brookfield Wealth Solutions Ltd. $BNT Shares Acquired by Tandem Capital Management Corp ADV

Key Points

• Tandem Capital Management Corp ADV boosted its stake in Brookfield Wealth Solutions by 44.3% in Q4 to 154,562 shares worth roughly $7.10M, making BNT its fourth-largest holding (about 3.2% of the portfolio) while institutional ownership is ~20.31%.
• Brookfield increased its quarterly dividend to $0.07 (paid March 31) from $0.06, but the dividend payout ratio is an elevated 116.67%, raising questions about sustainability.
• Analyst sentiment has cooled—Weiss Ratings cut BNT to a "Hold" and Wall Street Zen to a "Sell"—as the stock trades at a high P/E of 183.25 despite modest recent profitability (EPS $0.06, net margin 0.14%).

Tandem Capital Management Corp ADV lifted its holdings in shares of Brookfield Wealth Solutions Ltd. (NYSE:BNT - Free Report) by 44.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 154,562 shares of the company's stock after buying an additional 47,484 shares during the quarter. Brookfield Wealth Solutions makes up approximately 3.2% of Tandem Capital Management Corp ADV's investment portfolio, making the stock its 4th largest position. Tandem Capital Management Corp ADV's holdings in Brookfield Wealth Solutions were worth $7,102,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. JPMorgan Chase & Co. raised its stake in shares of Brookfield Wealth Solutions by 1,235.2% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,215 shares of the company's stock worth $75,000 after buying an additional 1,124 shares during the period. MAI Capital Management raised its stake in shares of Brookfield Wealth Solutions by 30,983.3% during the 3rd quarter. MAI Capital Management now owns 1,865 shares of the company's stock worth $128,000 after buying an additional 1,859 shares during the period. Algert Global LLC acquired a new position in shares of Brookfield Wealth Solutions during the 3rd quarter worth approximately $200,000. Pettinga Financial Advisors LLC acquired a new position in shares of Brookfield Wealth Solutions during the 3rd quarter worth approximately $205,000. Finally, Becker Capital Management Inc. acquired a new position in shares of Brookfield Wealth Solutions during the 3rd quarter worth approximately $216,000. 20.31% of the stock is owned by institutional investors and hedge funds.

Brookfield Wealth Solutions Stock Up 2.9%

Shares of BNT opened at $43.98 on Tuesday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.22 and a current ratio of 0.22. Brookfield Wealth Solutions Ltd. has a one year low of $31.65 and a one year high of $49.86. The stock has a market capitalization of $14.87 billion, a price-to-earnings ratio of 183.25 and a beta of 1.56. The stock has a 50 day moving average price of $43.72 and a 200 day moving average price of $45.23.

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

Brookfield Wealth Solutions Increases Dividend

The company also recently declared a dividend, which was paid on Tuesday, March 31st. Investors of record on Tuesday, March 17th were given 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 dividend payout ratio (DPR) is presently 116.67%.

Analyst Ratings Changes

Several brokerages have recently weighed in on BNT. Weiss Ratings downgraded Brookfield Wealth Solutions from a "buy (b)" rating to a "hold (c+)" rating in a research note on Friday. Wall Street Zen downgraded Brookfield Wealth Solutions from a "hold" rating to a "sell" rating in a research note on Saturday, March 28th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, Brookfield Wealth Solutions currently has an average rating of "Hold".

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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