Brookfield Wealth Solutions (NYSE:BNT) Stock Rating Lowered by Wall Street Zen

Brookfield Wealth Solutions (NYSE:BNT) was downgraded by research analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research note issued to investors on Saturday.

Separately, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Brookfield Wealth Solutions in a report on Monday, December 29th. One analyst has rated the stock with a Buy rating, According to MarketBeat, the stock presently has a consensus rating of “Buy”.

Brookfield Wealth Solutions Trading Down 1.5%

Shares of NYSE BNT opened at $40.58 on Friday. Brookfield Wealth Solutions has a 1-year low of $29.13 and a 1-year high of $49.86. The company has a 50-day moving average of $44.70 and a two-hundred day moving average of $45.56. The company has a market cap of $14.64 billion, a PE ratio of 169.09 and a beta of 1.57. The company has a current ratio of 0.23, a quick ratio of 0.23 and a debt-to-equity ratio of 0.27.

Brookfield Wealth Solutions (NYSE:BNT) last released its quarterly earnings results on Thursday, February 12th. The company reported $0.06 EPS for the quarter. The business had revenue of $3.05 billion for the quarter. Brookfield Wealth Solutions had a net margin of 0.14% and a return on equity of 0.10%.

Institutional Investors Weigh In On Brookfield Wealth Solutions

Several institutional investors have recently modified their holdings of BNT. Moerus Capital Management LLC raised its stake in shares of Brookfield Wealth Solutions by 22.2% during the fourth quarter. Moerus Capital Management LLC now owns 1,187 shares of the company’s stock worth $55,000 after buying an additional 216 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in Brookfield Wealth Solutions by 1,235.2% in the second quarter. JPMorgan Chase & Co. now owns 1,215 shares of the company’s stock valued at $75,000 after acquiring an additional 1,124 shares during the last quarter. Wells Fargo & Company MN boosted its stake 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 acquiring an additional 615 shares during the last quarter. NBC Securities Inc. grew its holdings in Brookfield Wealth Solutions by 49.9% during the 4th quarter. NBC Securities Inc. now owns 2,543 shares of the company’s stock worth $117,000 after acquiring an additional 846 shares during the period. Finally, CIBC Private Wealth Group LLC grew its holdings in Brookfield Wealth Solutions by 49.9% during the 4th quarter. CIBC Private Wealth Group LLC now owns 2,658 shares of the company’s stock worth $122,000 after acquiring an additional 885 shares during the period. Institutional investors and hedge funds own 20.31% of the company’s stock.

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.