Css LLC Il Has $734,000 Stake in Brookfield Wealth Solutions Ltd. (NYSE:BNT)

CSS LLC IL lowered its holdings in Brookfield Wealth Solutions Ltd. (NYSE:BNT - Free Report) by 71.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 12,770 shares of the company's stock after selling 32,568 shares during the quarter. CSS LLC IL's holdings in Brookfield Wealth Solutions were worth $734,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Proficio Capital Partners LLC lifted its holdings in shares of Brookfield Wealth Solutions by 5,644.0% during the fourth quarter. Proficio Capital Partners LLC now owns 1,362,821 shares of the company's stock valued at $78,280,000 after acquiring an additional 1,339,095 shares during the period. BROOKFIELD Corp ON increased its position in shares of Brookfield Wealth Solutions by 165.2% during the 4th quarter. BROOKFIELD Corp ON now owns 1,240,349 shares of the company's stock worth $71,246,000 after purchasing an additional 772,648 shares in the last quarter. National Bank of Canada FI lifted its holdings in Brookfield Wealth Solutions by 8,323.4% during the 4th quarter. National Bank of Canada FI now owns 309,727 shares of the company's stock valued at $17,791,000 after purchasing an additional 306,050 shares during the last quarter. Bank of Montreal Can acquired a new position in Brookfield Wealth Solutions in the fourth quarter valued at about $16,544,000. Finally, Montrusco Bolton Investments Inc. boosted its position in Brookfield Wealth Solutions by 7.9% in the fourth quarter. Montrusco Bolton Investments Inc. now owns 151,641 shares of the company's stock valued at $8,718,000 after buying an additional 11,064 shares in the last quarter. Institutional investors and hedge funds own 20.31% of the company's stock.

Brookfield Wealth Solutions Stock Performance

Shares of NYSE BNT traded up $0.68 during mid-day trading on Tuesday, hitting $57.84. 3,341 shares of the stock were exchanged, compared to its average volume of 15,648. Brookfield Wealth Solutions Ltd. has a twelve month low of $40.12 and a twelve month high of $62.72. The firm's fifty day moving average price is $53.26. The firm has a market cap of $14.15 billion, a P/E ratio of 180.76 and a beta of 1.59.

Brookfield Wealth Solutions (NYSE:BNT - Get Free Report) last released its quarterly earnings results on Thursday, May 8th. The company reported $0.09 earnings per share for the quarter. Brookfield Wealth Solutions had a return on equity of 0.14% and a net margin of 0.10%.

Brookfield Wealth Solutions Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 13th will be paid a $0.09 dividend. The ex-dividend date of this dividend is Friday, June 13th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 0.62%. Brookfield Wealth Solutions's dividend payout ratio (DPR) is presently 109.09%.

Brookfield Wealth Solutions Profile

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.