Brighthouse Financial Inc (NASDAQ: BHF) is -8.07% lower on its value in year-to-date trading and has touched a low of $40.00 and a high of $54.73 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BHF stock was last observed hovering at around $48.07 in the last trading session, with the day’s gains setting it 0.58%.
Currently trading at $48.65, the stock is -2.12% and -2.06% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.13 million and changing 1.21% at the moment leaves the stock 4.10% off its SMA200. BHF registered -9.25% loss for a year compared to 6-month gain of 12.49%. The firm has a 50-day simple moving average (SMA 50) of $49.632 and a 200-day simple moving average (SMA200) of $46.72355.
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The stock witnessed a -5.97% loss in the last 1 month and extending the period to 3 months gives it a 11.30%, and is -0.63% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.17% over the week and 2.50% over the month.
Brighthouse Financial Inc (BHF) has around 1500 employees, a market worth around $2.89B and $4.92B in sales. Fwd P/E is 2.43. Profit margin for the company is -26.47%. Distance from 52-week low is 21.63% and -11.11% from its 52-week high. The company has generated returns on investments over the last 12 months (-15.00%).
with sales reaching $2.23B over the same period.The EPS is expected to grow by 33.08% this year, but quarterly earnings will post 3.65% year-over-year. Quarterly sales are estimated to grow 4.43% in year-over-year returns.
Brighthouse Financial Inc (BHF) Top Institutional Holders
535.0 institutions hold shares in Brighthouse Financial Inc (BHF), with institutional investors hold 82.53% of the company’s shares. The shares outstanding are 59.84M, and float is at 58.75M with Short Float at 2.14%. Institutions hold 81.68% of the Float.
The top institutional shareholder in the company is DODGE & COX with over 6.69 million shares valued at $289.89 million. The investor’s holdings represent 10.6109% of the BHF Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 6.2 million shares valued at $268.88 million to account for 9.8419 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 5.95 million shares representing 9.44% and valued at over $257.9 million, while DIMENSIONAL FUND ADVISORS LP holds 5.2703 of the shares totaling 3.32 million with a market value of $143.99 million.
Brighthouse Financial Inc (BHF) Insider Activity
The most recent transaction is an insider sale by Lambert Myles, the company’s EVP,Chief Mktg.& Dist. Officer. SEC filings show that Lambert Myles sold 8,400 shares of the company’s common stock on Dec 03 ’24 at a price of $51.70 per share for a total of $0.43 million. Following the sale, the insider now owns 33407.0 shares.
Brighthouse Financial Inc disclosed in a document filed with the SEC on Dec 03 ’24 that Rosenthal John (EVP & Chief Investment Officer) sold a total of 10,000 shares of the company’s common stock. The trade occurred on Dec 03 ’24 and was made at $52.31 per share for $0.52 million. Following the transaction, the insider now directly holds 76262.0 shares of the BHF stock.
Still, SEC filings show that on Dec 02 ’24, Huss Vonda (EVP & Chief HR Officer) disposed off 3,000 shares at an average price of $52.21 for $0.16 million. The insider now directly holds 16,848 shares of Brighthouse Financial Inc (BHF).
