Brookfield Wealth Solutions (NYSE:BNT) Sets New 12-Month Low - What's Next?

Key Points

• Brookfield Wealth Solutions shares hit a new 52-week low, falling to $36.04 during Wednesday trading, below its 50-day and 200-day moving averages.
• Analyst sentiment remains cautious: Wall Street Zen upgraded the stock to “Hold,” while Weiss Ratings lowered its “Hold” grade; the overall consensus is “Hold.”
• The company reported quarterly EPS of $0.07 and paid a $0.07 dividend, but its 107.69% payout ratio exceeds reported earnings, while institutional investors own 20.31% of the stock.

Brookfield Wealth Solutions Ltd. (NYSE:BNT - Get Free Report) shares reached a new 52-week low during trading on Wednesday. The stock traded as low as $36.04 and last traded at $36.4350, with a volume of 17848 shares changing hands. The stock had previously closed at $36.22.

Wall Street Analyst Weigh In

Several analysts have weighed in on BNT shares. Wall Street Zen raised Brookfield Wealth Solutions from a "sell" rating to a "hold" rating in a research note on Saturday, August 29th. Weiss Ratings lowered Brookfield Wealth Solutions from a "hold (c)" rating to a "hold (c-)" rating in a report on Tuesday, September 8th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, Brookfield Wealth Solutions has a consensus rating of "Hold".

Brookfield Wealth Solutions Stock Up 0.6%

The business has a fifty day moving average of $41.03 and a 200 day moving average of $42.99. The stock has a market cap of $12.32 billion, a price-to-earnings ratio of 140.14 and a beta of 1.46. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.16 and a quick ratio of 0.16.

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

Brookfield Wealth Solutions Announces Dividend

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

Institutional Trading of Brookfield Wealth Solutions

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

Brookfield Wealth Solutions Company Profile

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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