Should You Buy Brighthouse Financial, Inc. (BHF)’s Shares?

Brighthouse Financial, Inc. (NASDAQ:BHF) is one of the 10 Best Stocks to Buy According to Billionaire Glenn Dubin’s Highbridge Capital.

Brighthouse Financial, Inc. (NASDAQ:BHF) is a financial services firm that provides life insurance and annuity products. Its shares are up by 17.8% over the past year and are down by 1.8% year-to-date. Brighthouse Financial, Inc. (NASDAQ:BHF) has been in the news over the past couple of months primarily due to being a target of acquisition by Aquarian Capital. News of the deal first surfaced in November 2026 and suggested that Brighthouse Financial, Inc. (NASDAQ:BHF) would be acquired for a $4.1 billion price tag. Following the report, the shares surged by a whopping 26.7%.

Highbridge Capital first disclosed a stake in Brighthouse Financial, Inc. (NASDAQ:BHF) in the second quarter of 2018. Back then, the fund’s 13F filings revealed that it held 11,490 shares that were worth $460,000. It then exited the position in the third quarter. The latest stake in Brighthouse Financial, Inc. (NASDAQ:BHF) came in Q3 2025 when Highbridge disclosed holding 275,390 shares that were worth $17.8 million. It bumped the stake to 438,372 shares in the first quarter of 2026.

Should You Buy Brighthouse Financial, Inc. (BHF)'s Shares?

Greenlight Capital discussed Brighthouse Financial, Inc. (NASDAQ:BHF) in its fourth quarter 2025 investor letter:

“Brighthouse Financial, Inc. (NASDAQ:BHF): After years of frustration, the company put itself up for sale, which led to a sale process that culminated in a buyer agreeing to purchase the company. While the valuation at less than two-thirds of book value is not exciting, it does provide us with a reasonable exit from a challenged situation. We likely will write more about this after we do, in fact, exit.”

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