Brookfield Wealth Solutions (NYSE:BNT) Hits New 1-Year Low - Time to Sell?

Key Points

• Brookfield Wealth Solutions shares hit a new 52-week low, falling to $35.62 and trading about 2.5% lower, below both its 50-day and 200-day moving averages.
• Analyst sentiment remains cautious: the stock has an average rating of “Hold”, with Weiss Ratings downgrading its hold grade while Wall Street Zen upgraded the stock from “Sell” to “Hold.”
• The company reported quarterly EPS of $0.07, but its dividend payout ratio is elevated at 107.69%; institutional investors own 20.31% of outstanding shares and several funds recently increased their positions.

Brookfield Wealth Solutions Ltd. (NYSE:BNT - Get Free Report) reached a new 52-week low during mid-day trading on Wednesday. The stock traded as low as $35.62 and last traded at $35.7630, with a volume of 2,214 shares traded. The stock had previously closed at $36.67.

Wall Street Analysts Forecast Growth

A number of analysts have commented on BNT shares. Weiss Ratings cut shares of Brookfield Wealth Solutions from a "hold (c)" rating to a "hold (c-)" rating in a research note on Tuesday, September 8th. Wall Street Zen raised shares of Brookfield Wealth Solutions from a "sell" rating to a "hold" rating in a research report on Saturday, August 29th. One analyst has rated the stock with a Hold rating. According to MarketBeat.com, the stock has an average rating of "Hold".

Brookfield Wealth Solutions Trading Down 2.5%

The company has a market cap of $12.08 billion, a P/E ratio of 137.70 and a beta of 1.47. The business has a fifty day moving average price of $39.78 and a 200-day moving average price of $42.67. The company has a quick ratio of 0.16, a current ratio of 0.16 and a debt-to-equity ratio of 0.39.

Brookfield Wealth Solutions (NYSE:BNT - Get Free Report) last posted its earnings results on Thursday, August 13th. The company reported $0.07 EPS for the quarter. Brookfield Wealth Solutions had a return on equity of 0.10% and a net margin of 0.15%. During the same period in the prior year, the business earned $0.06 EPS.

Brookfield Wealth Solutions Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, September 29th. Shareholders of record on Monday, September 14th were issued a $0.07 dividend. The ex-dividend date of this dividend was Monday, September 14th. Brookfield Wealth Solutions's dividend payout ratio is currently 107.69%.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC increased its position in Brookfield Wealth Solutions by 203.3% during the first quarter. EverSource Wealth Advisors LLC now owns 837 shares of the company's stock worth $35,000 after acquiring an additional 561 shares during the period. Waverly Advisors LLC acquired a new stake in Brookfield Wealth Solutions in the 2nd quarter worth about $202,000. Public Employees Retirement System of Ohio bought a new stake in Brookfield Wealth Solutions in the 2nd quarter valued at about $362,000. Rockefeller Capital Management L.P. boosted its holdings in Brookfield Wealth Solutions by 3,156.2% in the 4th quarter. Rockefeller Capital Management L.P. now owns 11,755 shares of the company's stock valued at $540,000 after purchasing an additional 11,394 shares during the period. Finally, Renaissance Technologies LLC boosted its holdings in Brookfield Wealth Solutions by 102.4% in the 1st quarter. Renaissance Technologies LLC now owns 12,649 shares of the company's stock valued at $524,000 after purchasing an additional 6,400 shares during the period. Institutional investors own 20.31% of the company's stock.

About Brookfield Wealth Solutions

Brookfield Wealth Solutions Ltd. NYSE: BNT is a financial services company focused on helping individuals, institutions and businesses manage long-term savings and retirement needs. The company operates within Brookfield's broader financial services platform and provides insurance and reinsurance solutions designed to support the accumulation, protection and distribution of wealth.

Its principal offerings include annuities, life insurance, retirement income products and institutional risk-transfer solutions, including pension risk transfer arrangements.

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