Brookfield Wealth Solutions Ltd. (NYSE:BNT) Short Interest Update

Brookfield Wealth Solutions Ltd. (NYSE:BNT) saw a large drop in short interest in July. As of July 31st, there was short interest totaling 121,071 shares, a drop of 54.8% from the July 15th total of 267,875 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 25,403 shares, the short-interest ratio is presently 4.8 days.

Institutional Investors Weigh In On Brookfield Wealth Solutions

Hedge funds and other institutional investors have recently modified their holdings of the stock. Moerus Capital Management LLC boosted its holdings in Brookfield Wealth Solutions by 22.2% during the 4th quarter. Moerus Capital Management LLC now owns 1,187 shares of the company’s stock valued at $55,000 after acquiring an additional 216 shares during the period. Russell Investments Group Ltd. increased its stake in Brookfield Wealth Solutions by 8.8% in the 2nd quarter. Russell Investments Group Ltd. now owns 4,773 shares of the company’s stock worth $294,000 after purchasing an additional 388 shares during the period. Bruni J V & Co. Co. increased its stake in Brookfield Wealth Solutions by 6.3% in the 4th quarter. Bruni J V & Co. Co. now owns 7,155 shares of the company’s stock worth $329,000 after purchasing an additional 422 shares during the period. EverSource Wealth Advisors LLC lifted its position in Brookfield Wealth Solutions by 203.3% in the first quarter. EverSource Wealth Advisors LLC now owns 837 shares of the company’s stock valued at $35,000 after purchasing an additional 561 shares during the last quarter. Finally, Wells Fargo & Company MN lifted its position 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 valued at $91,000 after purchasing an additional 615 shares during the last quarter. Institutional investors own 20.31% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Weiss Ratings lowered Brookfield Wealth Solutions from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, May 18th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, the stock has a consensus rating of “Hold”.

Brookfield Wealth Solutions Trading Down 2.5%

Shares of BNT stock traded down $1.13 on Friday, hitting $43.90. 4,611 shares of the company’s stock traded hands, compared to its average volume of 20,682. The stock has a market capitalization of $14.84 billion, a price-to-earnings ratio of 168.85 and a beta of 1.49. The company’s fifty day simple moving average is $43.87 and its 200 day simple moving average is $44.40. Brookfield Wealth Solutions has a one year low of $40.06 and a one year high of $49.86. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.21 and a current ratio of 0.21.

Brookfield Wealth Solutions (NYSE:BNT) last posted its quarterly earnings results on Thursday, August 13th. The company reported $0.07 earnings per share for the quarter. Brookfield Wealth Solutions had a net margin of 0.15% and a return on equity of 0.10%. During the same period in the prior year, the firm earned $0.06 earnings per share.

Brookfield Wealth Solutions Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Tuesday, September 29th. Stockholders of record on Monday, September 14th will be issued a $0.07 dividend. The ex-dividend date is Monday, September 14th. Brookfield Wealth Solutions’s payout ratio is currently 107.69%.

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.