PNC Financial Services Group Inc. Boosts Stake in Brighthouse Financial, Inc. (NASDAQ:BHFAO)

PNC Financial Services Group Inc. grew its stake in shares of Brighthouse Financial, Inc. (NASDAQ:BHFAO) by 50.6% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,536 shares of the company’s stock after buying an additional 516 shares during the period. PNC Financial Services Group Inc.’s holdings in Brighthouse Financial were worth $34,000 at the end of the most recent reporting period.

Brighthouse Financial Trading Down 1.5 %

Shares of BHFAO opened at $20.91 on Friday. The company’s fifty day moving average is $22.19 and its two-hundred day moving average is $23.68. Brighthouse Financial, Inc. has a fifty-two week low of $20.74 and a fifty-two week high of $26.00.

Brighthouse Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 25th. Stockholders of record on Monday, March 10th were given a $0.4219 dividend. This represents a $1.69 annualized dividend and a dividend yield of 8.07%. The ex-dividend date was Monday, March 10th.

Brighthouse Financial Company Profile

Brighthouse Financial, Inc provides annuity and life insurance products in the United States. It operates through three segments: Annuities, Life, and Run-off. The Annuities segment consists of variable, fixed, index-linked, and income annuities for contract holders' needs for protected wealth accumulation on a tax-deferred basis, wealth transfer, and income security.