Two Sigma Advisers LP Sells 6,000 Shares of Brookfield Wealth Solutions Ltd. (NYSE:BNT)

Two Sigma Advisers LP cut its stake in shares of Brookfield Wealth Solutions Ltd. (NYSE:BNT - Free Report) by 54.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,000 shares of the company's stock after selling 6,000 shares during the period. Two Sigma Advisers LP's holdings in Brookfield Wealth Solutions were worth $287,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Lincluden Management Ltd. bought a new stake in Brookfield Wealth Solutions during the 4th quarter worth approximately $83,000. Tower Research Capital LLC TRC grew its position 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 valued at $209,000 after purchasing an additional 2,190 shares in the last quarter. Barclays PLC increased its holdings 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 holdings 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 raised its position 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 buying an additional 400 shares in the last quarter. 20.31% of the stock is owned by hedge funds and other institutional investors.

Brookfield Wealth Solutions Trading Up 0.8%

NYSE:BNT traded up $0.47 during trading hours on Tuesday, hitting $59.01. 5,528 shares of the company's stock traded hands, compared to its average volume of 15,331. Brookfield Wealth Solutions Ltd. has a 52 week low of $40.12 and a 52 week high of $62.72. The company has a fifty day moving average of $54.27. The company has a market cap of $14.19 billion, a price-to-earnings ratio of 184.41 and a beta of 1.58.

Brookfield Wealth Solutions (NYSE:BNT - Get Free Report) last issued 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 business also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 13th will be given a dividend of $0.09 per share. The ex-dividend date is Friday, June 13th. This represents a $0.36 annualized dividend and a yield of 0.61%. Brookfield Wealth Solutions's payout ratio 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.