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Brighthouse Financial reports lower earnings, as Highland invests while Bessemer cuts holdings.
Highland Capital Management invested $285,000 in Brighthouse Financial, while Bessemer Group decreased its holdings by 68.6%, now owning $1.22 million worth of shares.
Brighthouse Financial, which provides insurance products, reported lower-than-expected earnings and revenue for the quarter ending May 8.
The company's stock has a market cap of $3.13 billion and a P/E ratio of 6.53.
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Brighthouse Financial reporta ganancias más bajas, ya que Highland invierte mientras Bessemer recorta sus participaciones.