Legal & General Group Plc Sells 17,055 Shares of Brighthouse Financial, Inc. $BHF

Posted by Brenda Bartman on Jun 7th, 2026

Legal & General Group Plc lessened its stake in Brighthouse Financial, Inc. (NASDAQ:BHF – Free Report) by 15.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 96,799 shares of the company’s stock after selling 17,055 shares during the quarter. Legal & General Group Plc’s holdings in Brighthouse Financial were worth $6,272,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Dimensional Fund Advisors LP increased its holdings in Brighthouse Financial by 1.3% in the third quarter. Dimensional Fund Advisors LP now owns 3,449,923 shares of the company’s stock valued at $183,131,000 after purchasing an additional 42,652 shares during the last quarter. UBS Group AG increased its holdings in Brighthouse Financial by 98.1% in the third quarter. UBS Group AG now owns 3,413,278 shares of the company’s stock valued at $181,177,000 after purchasing an additional 1,690,064 shares during the last quarter. American Century Companies Inc. increased its holdings in Brighthouse Financial by 10.4% in the third quarter. American Century Companies Inc. now owns 2,210,276 shares of the company’s stock valued at $117,321,000 after purchasing an additional 208,630 shares during the last quarter. AQR Capital Management LLC increased its holdings in Brighthouse Financial by 190.7% in the third quarter. AQR Capital Management LLC now owns 1,396,245 shares of the company’s stock valued at $74,113,000 after purchasing an additional 915,902 shares during the last quarter. Finally, First Trust Advisors LP increased its holdings in Brighthouse Financial by 33.6% in the third quarter. First Trust Advisors LP now owns 686,721 shares of the company’s stock valued at $36,451,000 after purchasing an additional 172,641 shares during the last quarter. Institutional investors own 81.24% of the company’s stock.

Brighthouse Financial Stock Up 0.5%

NASDAQ:BHF opened at $62.65 on Friday. Brighthouse Financial, Inc. has a 1 year low of $42.07 and a 1 year high of $66.33. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.56. The stock has a market cap of $3.60 billion, a price-to-earnings ratio of -21.02 and a beta of 0.86. The stock has a 50-day moving average price of $61.67 and a two-hundred day moving average price of $62.92.

Brighthouse Financial (NASDAQ:BHF – Get Free Report) last posted its earnings results on Wednesday, May 6th. The company reported $4.35 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.57 by ($0.22). Brighthouse Financial had a negative net margin of 1.10% and a positive return on equity of 16.88%. The business had revenue of $2.10 billion during the quarter, compared to analyst estimates of $2.20 billion. During the same period in the previous year, the firm posted $4.17 earnings per share. The firm’s revenue was down 29.4% on a year-over-year basis. As a group, equities analysts expect that Brighthouse Financial, Inc. will post 19.79 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research firms recently commented on BHF. Weiss Ratings downgraded Brighthouse Financial from a “hold (c)” rating to a “sell (d+)” rating in a report on Monday, May 11th. Argus upgraded Brighthouse Financial to a “hold” rating in a report on Thursday, March 26th. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $67.00 target price on shares of Brighthouse Financial in a research note on Thursday, March 26th. Finally, Zacks Research raised Brighthouse Financial from a “strong sell” rating to a “hold” rating in a research note on Monday, May 18th. Eight investment analysts have rated the stock with a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Reduce” and a consensus price target of $60.86.

Get Our Latest Report on Brighthouse Financial

About Brighthouse Financial

(Free Report)

Brighthouse Financial, Inc is a U.S.-based life insurance company that specializes in retirement income solutions and annuity products. The firm was established in August 2017 as a spin-off from MetLife, Inc, and is headquartered in Charlotte, North Carolina. Since its separation, Brighthouse Financial has focused on providing products designed to help individuals and families manage retirement income needs, drawing on decades of experience in life insurance and annuity administration inherited from its parent company.

The company’s core product offerings include fixed indexed annuities, which allow policyholders to participate in market-linked gains while protecting against downside market risk, and single premium immediate annuities, which provide guaranteed lifetime income.