Brookfield Asset Management Reinsurance Partners (NYSE:BAMR) sees strong increase in volume


The shares of Brookfield Asset Management Reinsurance Partners Ltd. (NYSE: BAMR – Get Rating) saw their trading volume increase on Friday. 1,112 shares were traded during the midday session, down 91% from the previous session’s volume of 11,859 shares.

Brookfield Asset Management Reinsurance Partners shares fall 0.8%

The stock’s fifty-day moving average price is $46.96 and its 200-day moving average price is $51.48.

Brookfield Asset Management Reinsurance Partners (NYSE:BAMR – Get Rating) released its quarterly results for the last time on Tuesday, May 17. The company reported EPS of $5.37 for the quarter. The company had revenue of $324.00 million for the quarter. Brookfield Asset Management Reinsurance Partners posted a net margin of 1.05% and a return on equity of 5.99%.

Brookfield Asset Management Reinsurance Partners Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 30. Investors of record on Wednesday, June 15 received a dividend of $0.14. This represents a dividend of $0.56 on an annualized basis and a yield of 1.12%. The ex-dividend date was Tuesday, June 14.

Brookfield Asset Management Reinsurance Partner Institutional Negotiation

Several hedge funds have recently changed their holdings in the company. Lazard Asset Management LLC purchased a new stake in shares of Brookfield Asset Management Reinsurance Partners during the first quarter valued at approximately $33,000. Shell Asset Management Co. purchased a new stake in shares of Brookfield Asset Management Reinsurance Partners during the fourth quarter, valued at approximately $37,000. Russell Investments Group Ltd. bought a new stake in shares of Brookfield Asset Management Reinsurance Partners during the second quarter valued at approximately $32,000. The Swiss National Bank increased its position in shares of Brookfield Asset Management Reinsurance Partners by 5.5% during the first quarter. The Swiss National Bank now owns 21,000 shares of the company valued at $1,198,000 after buying an additional 1,100 shares in the last quarter. Finally, CI Investments Inc. increased its position in shares of Brookfield Asset Management Reinsurance Partners by 0.6% during the first quarter. CI Investments Inc. now owns 193,809 shares of the company valued at $11,086,000 after purchasing an additional 1,190 shares in the last quarter. 43.98% of the shares are held by hedge funds and other institutional investors.

Company Profile Brookfield Asset Management Reinsurance Partners

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Brookfield Asset Management Reinsurance Partners Ltd., through its subsidiaries, provides annuity-based reinsurance products to insurance and reinsurance companies. The Company operates in two segments, Reinsurance and Pension Risk Transfer. It also acts as a direct issuer of pension risk transfer products for pension plan sponsors.

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