Fintel reports that on April 5, 2023,
Goldman Sachs
maintained
coverage of Brighthouse Financial (NASDAQ:BHF) with
a Neutral recommendation.
Analyst Price Forecast Suggests 39.09% Upside
As of March 30, 2023,
the average one-year price target for Brighthouse Financial is $58.14.
The forecasts range from a low of $49.49 to a high of $67.20.
The average price target represents an increase of 39.09% from its latest reported closing price of $41.80.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Brighthouse Financial
is $8,491MM, an increase of 0.32%.
The projected annual non-GAAP EPS
is $14.62.
What are Other Shareholders Doing?
DODGX – Dodge & Cox Stock Fund
holds 6,628K shares
representing 9.79% ownership of the company.
No change in the last quarter.
VSCVX – Victory Integrity Small-Cap Value Fund
holds 134K shares
representing 0.20% ownership of the company.
In it’s prior filing, the firm reported owning 168K shares, representing
a decrease
of 25.44%.
The firm
decreased
its portfolio allocation in BHF by 13.87% over the last quarter.
Quent Capital
holds 2K shares
representing 0.00% ownership of the company.
In it’s prior filing, the firm reported owning 2K shares, representing
an increase
of 0.31%.
The firm
increased
its portfolio allocation in BHF by 4.57% over the last quarter.
Northern Trust
holds 668K shares
representing 0.99% ownership of the company.
In it’s prior filing, the firm reported owning 589K shares, representing
an increase
of 11.88%.
The firm
decreased
its portfolio allocation in BHF by 59.99% over the last quarter.
Atlas Capital Advisors
holds 5K shares
representing 0.01% ownership of the company.
In it’s prior filing, the firm reported owning 5K shares, representing
a decrease
of 5.00%.
The firm
increased
its portfolio allocation in BHF by 3.38% over the last quarter.
What is the Fund Sentiment?
There are 769 funds or institutions reporting positions in Brighthouse Financial.
This is an increase
of
22
owner(s) or 2.95% in the last quarter.
Average portfolio weight of all funds dedicated to BHF is 0.15%,
an increase
of 8.00%.
Total shares owned by institutions decreased
in the last three months by 0.52% to 69,614K shares.
The put/call ratio of BHF is 0.71, indicating a
bullish
outlook.
Brighthouse Financial Background Information
(This description is provided by the company.)
Brighthouse Financial, Inc. (Brighthouse Financial) is on a mission to help people achieve financial security. As one of the largest providers of annuities and life insurance in the U.S.,1 the company specializes in products designed to help people protect what they’ve earned and ensure it lasts.
See all Brighthouse Financial regulatory filings.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
