Brookfield Wealth Solutions Ltd. (NYSE:BNT) Stock Position Raised by Renaissance Technologies LLC

Renaissance Technologies LLC boosted its position in shares of Brookfield Wealth Solutions Ltd. (NYSE:BNT) by 4.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 8,900 shares of the company’s stock after purchasing an additional 400 shares during the period. Renaissance Technologies LLC’s holdings in Brookfield Wealth Solutions were worth $511,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Swiss National Bank grew its holdings in shares of Brookfield Wealth Solutions by 53.8% during the fourth quarter. Swiss National Bank now owns 38,600 shares of the company’s stock valued at $2,219,000 after buying an additional 13,500 shares in the last quarter. National Bank of Canada FI grew its stake in Brookfield Wealth Solutions by 8,323.4% during the 4th quarter. National Bank of Canada FI now owns 309,727 shares of the company’s stock valued at $17,791,000 after acquiring an additional 306,050 shares in the last quarter. Proficio Capital Partners LLC increased its holdings in shares of Brookfield Wealth Solutions by 5,644.0% in the 4th quarter. Proficio Capital Partners LLC now owns 1,362,821 shares of the company’s stock valued at $78,280,000 after purchasing an additional 1,339,095 shares during the period. Montrusco Bolton Investments Inc. lifted its position in shares of Brookfield Wealth Solutions by 7.9% in the fourth 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 in the last quarter. Finally, Legal & General Group Plc boosted its holdings in shares of Brookfield Wealth Solutions by 84.9% during the fourth quarter. Legal & General Group Plc now owns 12,539 shares of the company’s stock worth $721,000 after purchasing an additional 5,757 shares during the period. 20.31% of the stock is owned by institutional investors and hedge funds.

Brookfield Wealth Solutions Trading Up 2.9 %

Brookfield Wealth Solutions stock opened at $55.61 on Friday. Brookfield Wealth Solutions Ltd. has a twelve month low of $40.12 and a twelve month high of $62.72. The firm has a market cap of $8.09 billion, a price-to-earnings ratio of 173.79 and a beta of 1.59. The company has a 50 day moving average of $51.79.

Brookfield Wealth Solutions (NYSE:BNT) last announced its quarterly earnings data 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 company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 14th were issued a dividend of $0.09 per share. The ex-dividend date was Friday, March 14th. This represents a $0.36 annualized dividend and a dividend yield of 0.65%. Brookfield Wealth Solutions’s dividend payout ratio is 112.50%.

About Brookfield Wealth Solutions

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.