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

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

Institutional Trading of Brookfield Wealth Solutions

Hedge funds and other institutional investors have recently made changes to their positions in the stock. EverSource Wealth Advisors LLC boosted its stake in Brookfield Wealth Solutions by 203.3% during the 1st quarter. EverSource Wealth Advisors LLC now owns 837 shares of the company’s stock valued at $35,000 after acquiring an additional 561 shares during the last quarter. Moerus Capital Management LLC increased 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 purchasing an additional 216 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of Brookfield Wealth Solutions by 1,235.2% in the 2nd 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 lifted its position in shares of Brookfield Wealth Solutions by 45.1% during 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 last quarter. Finally, NBC Securities Inc. lifted its position in shares of Brookfield Wealth Solutions by 49.9% during 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 last quarter. Institutional investors own 20.31% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “hold (c)” rating on shares of Brookfield Wealth Solutions in a research note on Thursday. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Brookfield Wealth Solutions currently has a consensus rating of “Hold”.

Brookfield Wealth Solutions Stock Down 1.0%

Shares of Brookfield Wealth Solutions stock traded down $0.42 during trading hours on Monday, hitting $43.41. 6,503 shares of the company’s stock traded hands, compared to its average volume of 25,492. Brookfield Wealth Solutions has a twelve month low of $40.06 and a twelve month high of $49.86. The company has a market cap of $14.67 billion, a PE ratio of 166.95 and a beta of 1.49. The company has a quick ratio of 0.21, a current ratio of 0.16 and a debt-to-equity ratio of 0.29. The stock has a 50 day simple moving average of $43.87 and a 200-day simple moving average of $44.38.

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

Brookfield Wealth Solutions Announces Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, September 29th. Stockholders of record on Monday, September 14th will be paid a dividend of $0.07 per share. The ex-dividend date is Monday, September 14th. Brookfield Wealth Solutions’s dividend payout ratio is 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.