Shares of Brookfield Wealth Solutions Ltd. (NYSE:BNT - Get Free Report) saw unusually-high trading volume on Monday . Approximately 16,394 shares changed hands during mid-day trading, an increase of 58% from the previous session's volume of 10,376 shares.The stock last traded at $58.05 and had previously closed at $57.85.
Brookfield Wealth Solutions Trading Down 5.2 %
The company has a market capitalization of $7.63 billion, a price-to-earnings ratio of 163.82 and a beta of 1.58.
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 for the quarter. Brookfield Wealth Solutions had a return on equity of 0.14% and a net margin of 0.10%.
Brookfield Wealth Solutions Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be paid a dividend of $0.09 per share. The ex-dividend date is Friday, March 14th. This represents a $0.36 annualized dividend and a dividend yield of 0.69%. Brookfield Wealth Solutions's dividend payout ratio is currently 112.50%.
Institutional Trading of Brookfield Wealth Solutions
A number of institutional investors have recently made changes to their positions in BNT. Montrusco Bolton Investments Inc. grew its position in Brookfield Wealth Solutions by 7.9% in the fourth quarter. Montrusco Bolton Investments Inc. now owns 151,641 shares of the company's stock valued at $8,718,000 after purchasing an additional 11,064 shares in the last quarter. Lincluden Management Ltd. bought a new position in shares of Brookfield Wealth Solutions in the 4th quarter valued at about $83,000. Proficio Capital Partners LLC increased its position in shares of Brookfield Wealth Solutions by 5,644.0% in the fourth quarter. Proficio Capital Partners LLC now owns 1,362,821 shares of the company's stock valued at $78,280,000 after acquiring an additional 1,339,095 shares during the last quarter. Swiss National Bank raised its holdings in Brookfield Wealth Solutions by 53.8% during the fourth quarter. Swiss National Bank now owns 38,600 shares of the company's stock worth $2,219,000 after acquiring an additional 13,500 shares in the last quarter. Finally, National Bank of Canada FI boosted its position 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 valued at $17,791,000 after purchasing an additional 306,050 shares during the last quarter. Institutional investors own 20.31% of the company's stock.
About Brookfield Wealth Solutions
(
Get Free Report)
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.
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