Geode Capital Management LLC Buys 14,155 Shares of Brookfield Wealth Solutions Ltd. (NYSE:BNT)

Geode Capital Management LLC lifted its position in shares of Brookfield Wealth Solutions Ltd. (NYSE:BNT - Free Report) by 143.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 23,990 shares of the company's stock after acquiring an additional 14,155 shares during the period. Geode Capital Management LLC's holdings in Brookfield Wealth Solutions were worth $1,378,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the business. Lincluden Management Ltd. acquired a new stake in shares of Brookfield Wealth Solutions in the 4th quarter worth about $83,000. Swiss National Bank lifted its position in Brookfield Wealth Solutions by 53.8% in the fourth quarter. Swiss National Bank now owns 38,600 shares of the company's stock worth $2,219,000 after purchasing an additional 13,500 shares during the period. Montrusco Bolton Investments Inc. lifted its holdings in Brookfield Wealth Solutions by 7.9% in the 4th 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 last quarter. National Bank of Canada FI boosted its holdings in Brookfield Wealth Solutions by 8,323.4% during 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 in the last quarter. Finally, Proficio Capital Partners LLC grew its holdings in shares of 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 worth $78,280,000 after acquiring an additional 1,339,095 shares during the last quarter. 20.31% of the stock is currently owned by institutional investors.

Brookfield Wealth Solutions Price Performance

Shares of BNT stock traded down $0.21 during trading hours on Tuesday, reaching $54.44. 5,933 shares of the stock traded hands, compared to its average volume of 16,390. The firm has a fifty day moving average of $51.68. 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 capitalization of $7.92 billion, a price-to-earnings ratio of 170.13 and a beta of 1.59.

Brookfield Wealth Solutions (NYSE:BNT - Get Free Report) last posted its quarterly earnings results 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 Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 14th were paid a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a dividend yield of 0.66%. The ex-dividend date was Friday, March 14th. Brookfield Wealth Solutions's dividend payout ratio (DPR) is presently 112.50%.

Brookfield Wealth Solutions 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.