Toronto Dominion Bank Sells 185,681 Shares of Brookfield Wealth Solutions Ltd. (NYSE:BNT)

Toronto Dominion Bank decreased its holdings in shares of Brookfield Wealth Solutions Ltd. (NYSE:BNT - Free Report) by 56.1% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 145,521 shares of the company's stock after selling 185,681 shares during the period. Toronto Dominion Bank owned approximately 0.10% of Brookfield Wealth Solutions worth $8,359,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. Proficio Capital Partners LLC boosted its stake in 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 buying an additional 1,339,095 shares during the period. BROOKFIELD Corp ON increased its holdings in shares of Brookfield Wealth Solutions by 165.2% in the fourth quarter. BROOKFIELD Corp ON now owns 1,240,349 shares of the company's stock worth $71,246,000 after buying an additional 772,648 shares during the period. National Bank of Canada FI increased its holdings in shares of Brookfield Wealth Solutions by 8,323.4% in 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 during the period. Bank of Montreal Can purchased a new position in Brookfield Wealth Solutions during the 4th quarter valued at about $16,544,000. Finally, Montrusco Bolton Investments Inc. increased its holdings in Brookfield Wealth Solutions by 7.9% during the 4th quarter. Montrusco Bolton Investments Inc. now owns 151,641 shares of the company's stock valued at $8,718,000 after purchasing an additional 11,064 shares during the period. Institutional investors own 20.31% of the company's stock.

Brookfield Wealth Solutions Trading Up 1.0%

Brookfield Wealth Solutions stock traded up $0.58 during trading hours on Tuesday, hitting $57.74. 2,018 shares of the stock traded hands, compared to its average volume of 15,634. The business's 50-day moving average price is $53.26. The stock has a market capitalization of $14.12 billion, a P/E ratio of 180.44 and a beta of 1.59. Brookfield Wealth Solutions Ltd. has a one year low of $40.12 and a one year high of $62.72.

Brookfield Wealth Solutions (NYSE:BNT - Get Free Report) last issued its quarterly earnings results on Thursday, May 8th. The company reported $0.09 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 firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 13th will be given a $0.09 dividend. The ex-dividend date is Friday, June 13th. This represents a $0.36 annualized dividend and a yield of 0.62%. Brookfield Wealth Solutions's dividend payout ratio (DPR) is presently 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.