National Bank of Canada FI raised its position in Brookfield Wealth Solutions Ltd. (NYSE:BNT - Free Report) by 8,323.4% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 309,727 shares of the company's stock after purchasing an additional 306,050 shares during the period. National Bank of Canada FI owned approximately 0.21% of Brookfield Wealth Solutions worth $17,791,000 as of its most recent filing with the SEC.
Other large investors have also recently bought and sold shares of the company. Lincluden Management Ltd. acquired a new position in shares of Brookfield Wealth Solutions in the 4th quarter valued at approximately $83,000. Montrusco Bolton Investments Inc. lifted its position 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 in the last quarter. Swiss National Bank boosted its stake 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 purchasing an additional 13,500 shares during the period. Finally, Proficio Capital Partners LLC increased its holdings in Brookfield Wealth Solutions by 5,644.0% during the 4th quarter. Proficio Capital Partners LLC now owns 1,362,821 shares of the company's stock worth $78,280,000 after purchasing an additional 1,339,095 shares in the last quarter. Institutional investors own 20.31% of the company's stock.
Brookfield Wealth Solutions Price Performance
NYSE BNT traded up $5.80 during trading on Wednesday, hitting $50.50. The stock had a trading volume of 123,964 shares, compared to its average volume of 16,899. Brookfield Wealth Solutions Ltd. has a 12 month low of $38.25 and a 12 month high of $62.72. The company has a 50-day moving average price of $54.67. The firm has a market cap of $7.35 billion, a P/E ratio of 157.82 and a beta of 1.59.
Brookfield Wealth Solutions (NYSE:BNT - Get Free Report) last released its earnings results on Thursday, February 13th. The company reported $0.08 earnings per share (EPS) 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 business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 14th were issued a $0.09 dividend. This represents a $0.36 annualized dividend and a dividend yield of 0.71%. The ex-dividend date of this dividend was Friday, March 14th. Brookfield Wealth Solutions's payout ratio is presently 112.50%.
About Brookfield Wealth Solutions
(
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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