Brookfield Wealth Solutions Ltd. (NYSE:BNT) Stock Position Decreased by Css LLC Il

Css LLC Il trimmed its position in shares of Brookfield Wealth Solutions Ltd. (NYSE:BNT - Free Report) by 71.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund 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 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in the company. Lincluden Management Ltd. bought a new position in Brookfield Wealth Solutions during the fourth quarter valued at approximately $83,000. Tower Research Capital LLC TRC increased its stake in shares of Brookfield Wealth Solutions by 152.1% during the 4th quarter. Tower Research Capital LLC TRC now owns 3,630 shares of the company's stock worth $209,000 after purchasing an additional 2,190 shares during the last quarter. Barclays PLC raised its holdings in shares of Brookfield Wealth Solutions by 54.3% during the 4th quarter. Barclays PLC now owns 4,111 shares of the company's stock valued at $236,000 after purchasing an additional 1,447 shares in the last quarter. TD Waterhouse Canada Inc. raised its holdings in shares of Brookfield Wealth Solutions by 78.6% during the 4th 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 in the last quarter. Finally, Renaissance Technologies LLC lifted its stake in shares of Brookfield Wealth Solutions by 4.7% in the 4th quarter. Renaissance Technologies LLC now owns 8,900 shares of the company's stock valued at $511,000 after purchasing an additional 400 shares during the last quarter. Institutional investors own 20.31% of the company's stock.

Brookfield Wealth Solutions Price Performance

Shares of NYSE:BNT opened at $57.06 on Thursday. The company has a market capitalization of $13.96 billion, a PE ratio of 178.32 and a beta of 1.59. Brookfield Wealth Solutions Ltd. has a 1 year low of $40.12 and a 1 year high of $62.72. The stock has a fifty day simple moving average of $52.99.

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 (EPS) for the quarter. Brookfield Wealth Solutions had a return on equity of 0.14% and a net margin of 0.10%.

Brookfield Wealth Solutions Dividend Announcement

The company also recently disclosed 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. This represents a $0.36 dividend on an annualized basis and a dividend yield of 0.63%. The ex-dividend date is Friday, June 13th. Brookfield Wealth Solutions's payout ratio is 109.09%.

Brookfield Wealth Solutions Company 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.