Triasima Portfolio Management inc. Has $1.62 Million Stock Holdings in Brookfield Wealth Solutions Ltd. (NYSE:BNT)

Triasima Portfolio Management inc. lowered its holdings in Brookfield Wealth Solutions Ltd. (NYSE:BNT - Free Report) by 31.0% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 30,951 shares of the company's stock after selling 13,921 shares during the period. Triasima Portfolio Management inc.'s holdings in Brookfield Wealth Solutions were worth $1,617,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the business. NBC Securities Inc. raised its holdings in shares of Brookfield Wealth Solutions by 172,600.0% during the first quarter. NBC Securities Inc. now owns 1,727 shares of the company's stock worth $90,000 after acquiring an additional 1,726 shares in the last quarter. Tower Research Capital LLC TRC increased its stake in shares of Brookfield Wealth Solutions by 152.1% in the fourth 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 period. Barclays PLC increased its stake in shares of Brookfield Wealth Solutions by 54.3% in the fourth quarter. Barclays PLC now owns 4,111 shares of the company's stock worth $236,000 after purchasing an additional 1,447 shares during the period. TD Waterhouse Canada Inc. increased its stake in shares of Brookfield Wealth Solutions by 78.6% in the fourth quarter. TD Waterhouse Canada Inc. now owns 4,566 shares of the company's stock worth $262,000 after purchasing an additional 2,009 shares during the period. Finally, Renaissance Technologies LLC increased its stake in shares of Brookfield Wealth Solutions by 4.7% in the fourth quarter. Renaissance Technologies LLC now owns 8,900 shares of the company's stock worth $511,000 after purchasing an additional 400 shares during the period. Hedge funds and other institutional investors own 20.31% of the company's stock.

Brookfield Wealth Solutions Stock Performance

Shares of Brookfield Wealth Solutions stock traded down $0.83 during trading on Friday, reaching $67.17. The company's stock had a trading volume of 12,335 shares, compared to its average volume of 12,083. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.21 and a current ratio of 0.21. The stock has a fifty day moving average price of $60.32. The company has a market cap of $16.15 billion, a price-to-earnings ratio of 203.97 and a beta of 1.57. Brookfield Wealth Solutions Ltd. has a one year low of $42.31 and a one year high of $68.87.

Brookfield Wealth Solutions (NYSE:BNT - Get Free Report) last posted its quarterly earnings data on Thursday, May 8th. The company reported $0.09 EPS for the quarter. Brookfield Wealth Solutions had a return on equity of 0.13% and a net margin of 0.11%.

Brookfield Wealth Solutions Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Friday, June 13th were given a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a yield of 0.54%. The ex-dividend date was Friday, June 13th. 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.