Brighthouse Financial, Inc. (NASDAQ:BHFAO) Shares Purchased by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. boosted its position in shares of Brighthouse Financial, Inc. (NASDAQ:BHFAO) by 50.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,536 shares of the company’s stock after acquiring an additional 516 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Brighthouse Financial were worth $34,000 at the end of the most recent quarter.

Brighthouse Financial Price Performance

BHFAO stock opened at $20.91 on Friday. Brighthouse Financial, Inc. has a twelve month low of $20.74 and a twelve month high of $26.00. The company’s 50 day moving average is $22.19 and its two-hundred day moving average is $23.68.

Brighthouse Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 25th. Shareholders of record on Monday, March 10th were given a dividend of $0.4219 per share. This represents a $1.69 annualized dividend and a yield of 8.07%. The ex-dividend date was Monday, March 10th.

Brighthouse Financial Profile

Brighthouse Financial, Inc provides annuity and life insurance products in the United States. It operates through three segments: Annuities, Life, and Run-off. The Annuities segment consists of variable, fixed, index-linked, and income annuities for contract holders' needs for protected wealth accumulation on a tax-deferred basis, wealth transfer, and income security.