Geode Capital Management LLC Has $1.38 Million Stock Holdings in Brookfield Wealth Solutions Ltd. (NYSE:BNT)

Geode Capital Management LLC grew its holdings in shares of Brookfield Wealth Solutions Ltd. (NYSE:BNT - Free Report) by 143.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 23,990 shares of the company's stock after purchasing an additional 14,155 shares during the quarter. Geode Capital Management LLC's holdings in Brookfield Wealth Solutions were worth $1,378,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Montrusco Bolton Investments Inc. boosted its holdings in Brookfield Wealth Solutions by 7.9% during the fourth quarter. Montrusco Bolton Investments Inc. now owns 151,641 shares of the company's stock valued at $8,718,000 after acquiring an additional 11,064 shares during the period. Lincluden Management Ltd. bought a new stake in Brookfield Wealth Solutions during the 4th quarter valued at approximately $83,000. Proficio Capital Partners LLC grew its holdings in Brookfield Wealth Solutions by 5,644.0% in the 4th 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 last quarter. Swiss National Bank increased its position in Brookfield Wealth Solutions by 53.8% in the 4th quarter. Swiss National Bank now owns 38,600 shares of the company's stock worth $2,219,000 after buying an additional 13,500 shares during the period. Finally, National Bank of Canada FI boosted its position 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 valued at $17,791,000 after acquiring an additional 306,050 shares during the period. Institutional investors and hedge funds own 20.31% of the company's stock.

Brookfield Wealth Solutions Trading Up 2.9 %

Shares of Brookfield Wealth Solutions stock traded up $1.56 during midday trading on Friday, hitting $55.61. The company had a trading volume of 16,508 shares, compared to its average volume of 16,646. The company has a market cap of $8.09 billion, a PE ratio of 173.79 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 company's 50 day moving average price is $51.79.

Brookfield Wealth Solutions (NYSE:BNT - Get Free Report) last posted its quarterly earnings data on Thursday, February 13th. The company reported $0.08 earnings per share (EPS) for the quarter. Brookfield Wealth Solutions had a net margin of 0.10% and a return on equity of 0.14%.

Brookfield Wealth Solutions Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 14th were issued a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a dividend yield of 0.65%. The ex-dividend date was Friday, March 14th. Brookfield Wealth Solutions's payout ratio is presently 112.50%.

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.