Brookfield Wealth Solutions (NYSE:BNT) Hits New 1-Year Low – Time to Sell?

Brookfield Wealth Solutions Ltd. (NYSE:BNT)’s stock price hit a new 52-week low during mid-day trading on Thursday. The stock traded as low as $36.48 and last traded at $36.5160, with a volume of 1487 shares traded. The stock had previously closed at $37.08.

Analyst Ratings Changes

A number of research firms have recently commented on BNT. Weiss Ratings cut Brookfield Wealth Solutions from a “hold (c)” rating to a “hold (c-)” rating in a research note on Tuesday, September 8th. Wall Street Zen raised Brookfield Wealth Solutions from a “sell” rating to a “hold” rating in a research note on Saturday, August 29th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Brookfield Wealth Solutions has an average rating of “Hold”.

Brookfield Wealth Solutions Stock Performance

The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.16 and a current ratio of 0.16. The business’s 50-day moving average is $41.28 and its 200-day moving average is $43.07. The company has a market capitalization of $12.46 billion, a PE ratio of 141.82 and a beta of 1.46.

Brookfield Wealth Solutions (NYSE:BNT) last announced its quarterly earnings data 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 previous year, the firm earned $0.06 EPS.

Brookfield Wealth Solutions Dividend Announcement

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

Institutional Investors Weigh In On Brookfield Wealth Solutions

Several hedge funds have recently added to or reduced their stakes in BNT. Legal & General Group Plc increased its holdings in shares of Brookfield Wealth Solutions by 39.2% during the fourth quarter. Legal & General Group Plc now owns 104,568 shares of the company’s stock valued at $4,820,000 after acquiring an additional 29,431 shares in the last quarter. CI Investments Inc. raised its position in shares of Brookfield Wealth Solutions by 35.5% in the 1st quarter. CI Investments Inc. now owns 190,208 shares of the company’s stock worth $7,875,000 after purchasing an additional 49,804 shares during the last quarter. Montrusco Bolton Investments Inc. boosted its stake in Brookfield Wealth Solutions by 30.8% in the 1st quarter. Montrusco Bolton Investments Inc. now owns 307,408 shares of the company’s stock worth $12,721,000 after purchasing an additional 72,434 shares in the last quarter. Cibc World Market Inc. boosted its stake in Brookfield Wealth Solutions by 48.1% in the 4th quarter. Cibc World Market Inc. now owns 47,175 shares of the company’s stock worth $2,172,000 after purchasing an additional 15,323 shares in the last quarter. Finally, Rockefeller Capital Management L.P. grew its position in Brookfield Wealth Solutions by 3,156.2% during the 4th quarter. Rockefeller Capital Management L.P. now owns 11,755 shares of the company’s stock valued at $540,000 after purchasing an additional 11,394 shares during the last quarter. 20.31% of the stock is owned by institutional investors.

About Brookfield Wealth Solutions

Brookfield Wealth Solutions Ltd. (NYSE: BNT) is a financial services company that provides wealth, retirement and insurance solutions for individuals, institutions and other organizations. The company operates within Brookfield’s broader global asset management ecosystem and focuses on helping clients manage long-term savings and financial security needs.

Its principal activities include providing retirement income products, life insurance and annuity solutions, as well as institutional retirement services such as pension risk-transfer arrangements.