UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Acquires 4,953 Shares of Brookfield Wealth Solutions Ltd. (NYSE:BNT)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Brookfield Wealth Solutions Ltd. (NYSE:BNT) by 56.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 13,675 shares of the company’s stock after acquiring an additional 4,953 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Brookfield Wealth Solutions were worth $785,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Lincluden Management Ltd. purchased a new stake in shares of Brookfield Wealth Solutions in the fourth quarter worth $83,000. Tower Research Capital LLC TRC increased its stake in shares of Brookfield Wealth Solutions by 152.1% in the fourth quarter. Tower Research Capital LLC TRC now owns 3,630 shares of the company’s stock worth $209,000 after purchasing an additional 2,190 shares in the last quarter. Barclays PLC increased its stake in shares of Brookfield Wealth Solutions by 54.3% in the fourth quarter. Barclays PLC now owns 4,111 shares of the company’s stock worth $236,000 after purchasing an additional 1,447 shares in the last quarter. TD Waterhouse Canada Inc. increased its stake in shares of Brookfield Wealth Solutions by 78.6% in the fourth quarter. TD Waterhouse Canada Inc. now owns 4,566 shares of the company’s stock worth $262,000 after purchasing an additional 2,009 shares in the last quarter. Finally, Renaissance Technologies LLC increased its stake in shares of Brookfield Wealth Solutions by 4.7% in the fourth quarter. Renaissance Technologies LLC now owns 8,900 shares of the company’s stock worth $511,000 after purchasing an additional 400 shares in the last quarter. 20.31% of the stock is currently owned by institutional investors.

Brookfield Wealth Solutions Trading Up 0.8%

Shares of NYSE BNT opened at $59.01 on Wednesday. The stock has a fifty day moving average price of $54.27. The stock has a market capitalization of $14.19 billion, a PE ratio of 184.41 and a beta of 1.58. Brookfield Wealth Solutions Ltd. has a 1 year low of $40.12 and a 1 year high of $62.72.

Brookfield Wealth Solutions (NYSE:BNT) last announced its quarterly earnings data on Thursday, May 8th. The company reported $0.09 earnings per share (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 company also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 13th will be paid a $0.09 dividend. The ex-dividend date of this dividend is Friday, June 13th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 0.61%. Brookfield Wealth Solutions’s dividend payout ratio (DPR) is presently 109.09%.

Brookfield Wealth Solutions 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.