Brookfield Wealth Solutions Ltd. $BNT Shares Purchased by Triasima Portfolio Management inc.

Triasima Portfolio Management inc. increased its position in shares of Brookfield Wealth Solutions Ltd. (NYSE:BNT) by 52.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 38,329 shares of the company’s stock after acquiring an additional 13,187 shares during the quarter. Triasima Portfolio Management inc.’s holdings in Brookfield Wealth Solutions were worth $1,767,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. JPMorgan Chase & Co. boosted its position in Brookfield Wealth Solutions by 1,235.2% during the second quarter. JPMorgan Chase & Co. now owns 1,215 shares of the company’s stock worth $75,000 after acquiring an additional 1,124 shares during the last quarter. MAI Capital Management boosted its position in Brookfield Wealth Solutions by 30,983.3% during the third quarter. MAI Capital Management now owns 1,865 shares of the company’s stock worth $128,000 after acquiring an additional 1,859 shares during the last quarter. NBC Securities Inc. boosted its position in Brookfield Wealth Solutions by 49.9% during the fourth quarter. NBC Securities Inc. now owns 2,543 shares of the company’s stock worth $117,000 after acquiring an additional 846 shares during the last quarter. Algert Global LLC acquired a new stake in Brookfield Wealth Solutions during the third quarter worth approximately $200,000. Finally, Pettinga Financial Advisors LLC acquired a new position in shares of Brookfield Wealth Solutions in the 3rd quarter valued at $205,000. Institutional investors and hedge funds own 20.31% of the company’s stock.

Brookfield Wealth Solutions Stock Performance

Shares of BNT stock opened at $45.29 on Monday. The company’s fifty day simple moving average is $43.45 and its 200-day simple moving average is $45.27. Brookfield Wealth Solutions Ltd. has a 52 week low of $35.95 and a 52 week high of $49.86. The company has a current ratio of 0.22, a quick ratio of 0.22 and a debt-to-equity ratio of 0.27. The company has a market cap of $15.31 billion, a PE ratio of 188.72 and a beta of 1.51.

Brookfield Wealth Solutions (NYSE:BNT) last issued its earnings results on Thursday, February 12th. The company reported $0.06 EPS for the quarter. Brookfield Wealth Solutions had a net margin of 0.14% and a return on equity of 0.10%. The business had revenue of $3.05 billion for the quarter.

Brookfield Wealth Solutions Increases Dividend

The firm also recently announced a dividend, which was paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 17th were paid a $0.07 dividend. The ex-dividend date of this dividend was Tuesday, March 17th. This is a boost from Brookfield Wealth Solutions’s previous dividend of $0.06. Brookfield Wealth Solutions’s payout ratio is 116.67%.

Analysts Set New Price Targets

BNT has been the topic of a number of research analyst reports. Weiss Ratings lowered shares of Brookfield Wealth Solutions from a “buy (b)” rating to a “hold (c+)” rating in a report on Friday, April 10th. Wall Street Zen lowered shares of Brookfield Wealth Solutions from a “hold” rating to a “sell” rating in a report on Saturday, March 28th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Brookfield Wealth Solutions presently has a consensus rating of “Hold”.

Brookfield Wealth Solutions Company 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.