Swiss National Bank Has $2.22 Million Stake in Brookfield Wealth Solutions Ltd. (NYSE:BNT)

Swiss National Bank raised its holdings in Brookfield Wealth Solutions Ltd. (NYSE:BNT) by 53.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 38,600 shares of the company’s stock after buying an additional 13,500 shares during the period. Swiss National Bank’s holdings in Brookfield Wealth Solutions were worth $2,219,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in BNT. 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. Montrusco Bolton Investments Inc. increased its position in shares of Brookfield Wealth Solutions by 7.9% during the 4th quarter. Montrusco Bolton Investments Inc. now owns 151,641 shares of the company’s stock worth $8,718,000 after purchasing an additional 11,064 shares during the last quarter. Finally, Lincluden Management Ltd. bought a new stake in shares of Brookfield Wealth Solutions during the 4th quarter worth approximately $83,000. 20.31% of the stock is owned by institutional investors.

Brookfield Wealth Solutions Trading Down 0.1 %

NYSE BNT opened at $54.17 on Friday. Brookfield Wealth Solutions Ltd. has a 12 month low of $38.25 and a 12 month high of $62.72. The firm has a 50 day moving average of $56.97. The firm has a market cap of $7.88 billion, a P/E ratio of 169.29 and a beta of 1.59.

Brookfield Wealth Solutions (NYSE:BNT) last announced its quarterly earnings results on Thursday, February 13th. The company reported $0.08 EPS for the quarter. Brookfield Wealth Solutions had a net margin of 0.10% and a return on equity of 0.14%.

Brookfield Wealth Solutions Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be issued a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a yield of 0.66%. The ex-dividend date of this dividend is Friday, March 14th. Brookfield Wealth Solutions’s payout ratio is currently 112.50%.

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.