UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Acquires 4,953 Shares of Brookfield Wealth Solutions Ltd. (NYSE:BNT)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of Brookfield Wealth Solutions Ltd. (NYSE:BNT - Free Report) by 56.8% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 13,675 shares of the company's stock after buying an additional 4,953 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC's holdings in Brookfield Wealth Solutions were worth $785,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Renaissance Technologies LLC lifted its stake in 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 acquiring an additional 400 shares during the period. Barclays PLC raised its holdings in Brookfield Wealth Solutions by 54.3% in the 4th quarter. Barclays PLC now owns 4,111 shares of the company's stock worth $236,000 after purchasing an additional 1,447 shares in the last quarter. Lincluden Management Ltd. purchased a new stake in shares of Brookfield Wealth Solutions in the 4th quarter worth about $83,000. TD Waterhouse Canada Inc. raised its stake in 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 buying an additional 2,009 shares in the last quarter. Finally, Tower Research Capital LLC TRC boosted its position in 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 acquiring an additional 2,190 shares in the last quarter. Hedge funds and other institutional investors own 20.31% of the company's stock.

Brookfield Wealth Solutions Stock Performance

Shares of BNT stock traded up $0.04 during midday trading on Thursday, reaching $59.21. 984 shares of the stock were exchanged, compared to its average volume of 15,202. Brookfield Wealth Solutions Ltd. has a 1 year low of $40.12 and a 1 year high of $62.72. The firm has a market cap of $14.24 billion, a price-to-earnings ratio of 185.04 and a beta of 1.58. The company has a 50 day simple moving average of $54.53.

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 given a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a dividend yield of 0.61%. The ex-dividend date of this dividend is Friday, June 13th. Brookfield Wealth Solutions's dividend payout ratio is presently 109.09%.

About Brookfield Wealth Solutions

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.