Brookfield Wealth Solutions Ltd. (NYSE:BNT) Shares Bought by Proficio Capital Partners LLC

Proficio Capital Partners LLC raised its position in Brookfield Wealth Solutions Ltd. (NYSE:BNT) by 5,644.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,362,821 shares of the company’s stock after acquiring an additional 1,339,095 shares during the quarter. Proficio Capital Partners LLC’s holdings in Brookfield Wealth Solutions were worth $78,280,000 as of its most recent SEC filing.

Separately, Lincluden Management Ltd. acquired a new position in Brookfield Wealth Solutions in the 4th quarter valued at about $83,000. Hedge funds and other institutional investors own 20.31% of the company’s stock.

Brookfield Wealth Solutions Price Performance

NYSE BNT opened at $57.06 on Friday. The stock has a market capitalization of $8.30 billion, a price-to-earnings ratio of 178.32 and a beta of 1.58. Brookfield Wealth Solutions Ltd. has a 1-year low of $38.25 and a 1-year high of $62.72.

Brookfield Wealth Solutions (NYSE:BNT) last released its earnings results on Thursday, February 13th. The company reported $0.08 earnings per share 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 business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be paid a $0.09 dividend. This represents a $0.36 annualized dividend and a dividend yield of 0.63%. The ex-dividend date of this dividend is Friday, March 14th. Brookfield Wealth Solutions’s payout ratio is presently 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.