Horizon Kinetics Asset Management LLC Decreases Stake in Brookfield Wealth Solutions Ltd. (NYSE:BNT)

Horizon Kinetics Asset Management LLC lessened its stake in Brookfield Wealth Solutions Ltd. (NYSE:BNT) by 2.1% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 22,047 shares of the company’s stock after selling 477 shares during the quarter. Horizon Kinetics Asset Management LLC’s holdings in Brookfield Wealth Solutions were worth $1,266,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in BNT. Proficio Capital Partners LLC lifted its stake in Brookfield Wealth Solutions by 5,644.0% during the fourth quarter. Proficio Capital Partners LLC now owns 1,362,821 shares of the company’s stock worth $78,280,000 after purchasing an additional 1,339,095 shares during the last quarter. Montrusco Bolton Investments Inc. lifted its stake in Brookfield Wealth Solutions by 7.9% during the fourth quarter. Montrusco Bolton Investments Inc. now owns 151,641 shares of the company’s stock worth $8,718,000 after purchasing an additional 11,064 shares during the last quarter. Swiss National Bank lifted its stake in Brookfield Wealth Solutions by 53.8% during the fourth quarter. Swiss National Bank now owns 38,600 shares of the company’s stock worth $2,219,000 after purchasing an additional 13,500 shares during the last quarter. Finally, Lincluden Management Ltd. purchased a new stake in Brookfield Wealth Solutions during the fourth quarter worth approximately $83,000. Hedge funds and other institutional investors own 20.31% of the company’s stock.

Brookfield Wealth Solutions Stock Performance

BNT stock opened at $51.80 on Tuesday. The stock has a market capitalization of $7.54 billion, a PE ratio of 161.88 and a beta of 1.59. Brookfield Wealth Solutions Ltd. has a fifty-two week low of $38.25 and a fifty-two week high of $62.72. The stock’s 50 day simple moving average is $57.51.

Brookfield Wealth Solutions (NYSE:BNT) last released its quarterly earnings results on Thursday, February 13th. The company reported $0.08 EPS for the quarter. Brookfield Wealth Solutions had a return on equity of 0.14% and a net margin of 0.10%.

Brookfield Wealth Solutions Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be given a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a yield of 0.69%. The ex-dividend date of this dividend is Friday, March 14th. Brookfield Wealth Solutions’s dividend payout ratio (DPR) is 112.50%.

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.