Analysts give Brighthouse Financial, Inc. (NASDAQ:BHF) an average rating of “Hold.”

Analysts give Brighthouse Financial, Inc. (NASDAQ:BHF) an average rating of “Hold.”

According to Bloomberg, the 10 analysis companies at present covering Brighthouse Money, INC (NASDAQ: BHF) have proposed the inventory “Hold” as the consensus belief.

This recommendation signifies the analysis firms’ over-all feeling with regards to the inventory. Seven analysts have agreed that the stock ought to be held in one’s portfolio.

The brokerage firms that graded the inventory in the previous calendar year have established a price tag goal of $57.25, which is the ordinary of the price tag targets they have established for the inventory for the upcoming 12 months.

Lately, a number of diverse brokerage firms have indicated that they are fascinated in BHF as an prospect for investment decision.

In a report distributed on Tuesday, December 20th, Piper Jaffray decreased equally their “neutral” score on Brighthouse Fiscal shares and their value concentrate on on the stock, which had beforehand been $55.00 and had been reduced to $54.00.

Both equally of these alterations were being designed.

Evercore ISI revealed its intention to increase its price tag aim on Brighthouse Fiscal to $55.00 in a investigate take note released on November 15th.

In a study note released on Tuesday, Jefferies Economical Team increased the goal cost for Brighthouse Money from $55.00 to $60.00.

The previous concentrate on price was $55.00. Jefferies Economical Group also recommended its shoppers to sustain their “hold” position in the company.

In a study report designed general public on February 13th by Wells Fargo & Firm, the selling price goal for Brighthouse Monetary was enhanced from $53.00 to $57.00.

This improve was reflected in the cost goal of the report.

Furthermore, the enterprise proposed acquiring the shares of the company’s inventory and assigned an “equal weight” score to the inventory.

In a study observe released on Tuesday, January 10th, Morgan Stanley at last enhanced their rate concentrate on on Brighthouse Financial shares from $59.00 to $65.00 and rated the stock “equal bodyweight.”
NASDAQ: BHF was trading for $56.71 on Wednesday when the current market was open. For this calculation, some feasible values consist of a credit card debt-to-fairness ratio of .57, a current ratio of .60, and a brief ratio of .59.

A cost-to-earnings ratio of -18.35 and a beta price of 1.35 are the two linked with the business enterprise.

The enterprise has a current market capitalization of $3.92 billion at existing.

Brighthouse Financial’s stock selling price has ranged from a lower of $38.38 to a higher of $60.54 in the previous calendar year.

The present-day price tag of the company’s shares is $38.38.

The company’s going average more than the previous 200 times is $51.86, even though the going regular in excess of the former 50 days is $54.17.

On February 10th, the most latest quarterly earnings report for Brighthouse Monetary, traded on the NASDAQ under the symbol BHF, was manufactured general public.

The organization claimed earnings for the period of time to be $3.51 per share, $1.46 larger than the common forecast of $2.05 for each share.

The organization declared a earnings of $454 million for the quarter, substantially lessen than the typical prediction of $1.99 billion in profits for the quarter.

In their monetary statements, Brighthouse Finance indicated a return on fairness of 10.52 {d0229a57248bc83f80dcf53d285ae037b39e8d57980e4e23347103bb2289e3f9} and a profit margin of .062 percent.

The company’s income for the quarter fell by 77.5{d0229a57248bc83f80dcf53d285ae037b39e8d57980e4e23347103bb2289e3f9} in contrast to the same time period in the prior calendar year.

The business claimed earnings of $5.18 for every share in the exact same interval the 12 months ahead of.

In accordance to investigation specialists, Brighthouse Economical is envisioned to gain 13.64 cents for each share throughout the present-day fiscal 12 months.

In the most recent couple months, different institutional traders have modified the pursuits they keep in the firm.

These traders maintain stakes in the firm.

In the course of the remaining 3 months of 2018, Dimensional Fund Advisors LP elevated the amount of shares of Brighthouse Fiscal Company held in its portfolio by 5.9{d0229a57248bc83f80dcf53d285ae037b39e8d57980e4e23347103bb2289e3f9}.

Immediately after creating an additional purchase of 206,014 shares in the course of the most current quarter, Dimensional Fund Advisors LP now holds 3,682,031 of the company’s shares in its portfolio.

The company’s stock has a total price of $188,779,000 right after considering the price of these shares.

The Point out Avenue Company enhanced its possession of Brighthouse Financial by 4.2{d0229a57248bc83f80dcf53d285ae037b39e8d57980e4e23347103bb2289e3f9} all through the initially 3 months of the calendar year by paying for more shares. Adhering to the acquisition of an additional 94,816 shares for the duration of the most new quarter, Condition Street Corp. now owns 2,354,170 shares of the enterprise, valued at a whole of $121,616,000.

In the final a few months of 2018, Geode Money Management LLC improved 2.{d0229a57248bc83f80dcf53d285ae037b39e8d57980e4e23347103bb2289e3f9} in the quantity of Brighthouse Monetary inventory it owned. Geode Capital Management LLC now retains 1,014,278 shares following buying an more 19,894 in the most recent quarter.

The benefit of Geode Capital Management LLC’s recent inventory holdings is $52,002,000. Jacobs Levy Fairness Management INC elevated the percentage of Brighthouse Economical that it owned in the firm by 47.6{d0229a57248bc83f80dcf53d285ae037b39e8d57980e4e23347103bb2289e3f9} in the course of the 3rd quarter of the fiscal 12 months. Jacobs Levy Fairness Administration INC now has 992,297 shares of the company’s inventory, equivalent to a worth of $43,086,000 following getting an additional 320,191 shares through the most recent quarter.

In the second quarter, Goldman Sachs Team INC enhanced the share of Brighthouse Money, which retains a holding by 4.5{d0229a57248bc83f80dcf53d285ae037b39e8d57980e4e23347103bb2289e3f9}, making this the last and certainly not the least crucial issue. Goldman Sachs Group INC now has a complete of 928,329 of the company’s shares, which are truly worth a put together total of $38,080,000.

This was achieved by obtaining more shares all over the time period in dilemma.

At current, institutional buyers personal 79.90{d0229a57248bc83f80dcf53d285ae037b39e8d57980e4e23347103bb2289e3f9} of the company’s inventory. Other shareholders make up the remaining 20.10{d0229a57248bc83f80dcf53d285ae037b39e8d57980e4e23347103bb2289e3f9}.

The keeping organization, Brighthouse Fiscal, INC, sells life coverage and annuities through internet marketing partnerships and impartial distribution channels to a huge community of distribution associates.

Mainly because of these preparations, the corporation can connect with a lot of individuals.

Its functions are damaged down into 4 distinct types: annuities, daily life, run-off, corporate, and some others.