Fintel reports that on January 29, 2025, Barclays upgraded their outlook for Brighthouse Financial (XTRA:BROC) from Equal-Weight to Overweight.
Analyst Price Forecast Suggests 15.42% Upside
As of December 20, 2023, the average one-year price target for Brighthouse Financial is 54,71 €/share. The forecasts range from a low of 46,57 € to a high of 63,23 €. The average price target represents an increase of 15.42% from its latest reported closing price of 47,40 € / share.
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What is the Fund Sentiment?
There are 729 funds or institutions reporting positions in Brighthouse Financial. This is an decrease of 12 owner(s) or 1.62% in the last quarter. Average portfolio weight of all funds dedicated to BROC is 0.08%, an increase of 5.39%. Total shares owned by institutions decreased in the last three months by 2.10% to 58,629K shares.
What are Other Shareholders Doing?
Dodge & Cox holds 6,670K shares representing 11.24% ownership of the company. In its prior filing, the firm reported owning 6,689K shares , representing a decrease of 0.29%. The firm decreased its portfolio allocation in BROC by 2.38% over the last quarter.
DODGX - Dodge & Cox Stock Fund holds 5,077K shares representing 8.55% ownership of the company. No change in the last quarter.
DME Capital Management holds 2,892K shares representing 4.87% ownership of the company. In its prior filing, the firm reported owning 2,973K shares , representing a decrease of 2.80%. The firm decreased its portfolio allocation in BROC by 50.62% over the last quarter.
IJH - iShares Core S&P Mid-Cap ETF holds 1,899K shares representing 3.20% ownership of the company. In its prior filing, the firm reported owning 1,932K shares , representing a decrease of 1.72%. The firm decreased its portfolio allocation in BROC by 6.71% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 1,886K shares representing 3.18% ownership of the company. In its prior filing, the firm reported owning 1,999K shares , representing a decrease of 6.00%. The firm decreased its portfolio allocation in BROC by 7.94% over the last quarter.
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