Brookfield Wealth Solutions (NYSE:BNT) Sees Strong Trading Volume – Should You Buy?

Shares of Brookfield Wealth Solutions Ltd. (NYSE:BNT) saw an uptick in trading volume on Thursday . 33,520 shares changed hands during mid-day trading, an increase of 38% from the previous session’s volume of 24,267 shares.The stock last traded at $41.3450 and had previously closed at $41.82.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Brookfield Wealth Solutions in a research report on Monday, December 29th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, Brookfield Wealth Solutions presently has an average rating of “Buy”.

Brookfield Wealth Solutions Trading Down 1.8%

The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 0.27. The firm’s fifty day moving average is $45.64 and its two-hundred day moving average is $45.72. The firm has a market cap of $14.81 billion, a P/E ratio of 171.11 and a beta of 1.57.

Brookfield Wealth Solutions (NYSE:BNT) last issued its quarterly earnings data 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 during the quarter.

Brookfield Wealth Solutions Increases Dividend

The business also recently declared a dividend, which will be paid on Tuesday, March 31st. Investors of record on Tuesday, March 17th will be paid a $0.07 dividend. The ex-dividend date of this dividend is Tuesday, March 17th. This is an increase from Brookfield Wealth Solutions’s previous dividend of $0.06. Brookfield Wealth Solutions’s payout ratio is currently 116.67%.

Institutional Trading of Brookfield Wealth Solutions

Several large investors have recently bought and sold shares of the company. Moerus Capital Management LLC raised its position in shares of Brookfield Wealth Solutions by 22.2% in the 4th quarter. Moerus Capital Management LLC now owns 1,187 shares of the company’s stock worth $55,000 after acquiring an additional 216 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of Brookfield Wealth Solutions by 1,235.2% during the second quarter. JPMorgan Chase & Co. now owns 1,215 shares of the company’s stock valued at $75,000 after purchasing an additional 1,124 shares in the last quarter. Wells Fargo & Company MN grew its stake in Brookfield Wealth Solutions by 45.1% in the fourth quarter. Wells Fargo & Company MN now owns 1,978 shares of the company’s stock worth $91,000 after purchasing an additional 615 shares during the period. NBC Securities Inc. grew its stake in Brookfield Wealth Solutions by 49.9% in the fourth quarter. NBC Securities Inc. now owns 2,543 shares of the company’s stock worth $117,000 after purchasing an additional 846 shares during the period. Finally, CIBC Private Wealth Group LLC raised its holdings in Brookfield Wealth Solutions by 49.9% in the fourth quarter. CIBC Private Wealth Group LLC now owns 2,658 shares of the company’s stock worth $122,000 after purchasing an additional 885 shares in the last quarter. 20.31% of the stock is owned by institutional investors.

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.