Manulife Financial Co. (NYSE:MFC) Holdings Lifted by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. increased its position in shares of Manulife Financial Co. (NYSE:MFC) (TSE:MFC) by 16.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 38,373 shares of the financial services provider’s stock after acquiring an additional 5,515 shares during the period. Stratos Wealth Partners LTD.’s holdings in Manulife Financial were worth $1,178,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of MFC. Crews Bank & Trust bought a new stake in shares of Manulife Financial during the 4th quarter worth $26,000. Brooklyn Investment Group purchased a new stake in shares of Manulife Financial during the third quarter valued at $26,000. Capital Performance Advisors LLP acquired a new position in shares of Manulife Financial in the 3rd quarter valued at $30,000. Fortitude Family Office LLC purchased a new position in Manulife Financial in the 3rd quarter worth about $31,000. Finally, CKW Financial Group acquired a new stake in Manulife Financial during the 4th quarter worth about $37,000. 52.56% of the stock is currently owned by institutional investors.

Manulife Financial Trading Up 0.4 %

Shares of NYSE:MFC opened at $30.14 on Monday. Manulife Financial Co. has a 1 year low of $21.95 and a 1 year high of $33.07. The firm has a fifty day moving average price of $30.68 and a 200 day moving average price of $29.48. The stock has a market capitalization of $51.94 billion, a PE ratio of 14.56, a P/E/G ratio of 1.04 and a beta of 1.09.

About Manulife Financial

Manulife Financial Corporation, together with its subsidiaries, provides financial products and services in the United States, Canada, Asia, and internationally. The company operates through Wealth and Asset Management Businesses; Insurance and Annuity Products; and Corporate and Other segments. The Wealth and Asset Management Businesses segment offers investment advice and solutions to retirement, retail, and institutional clients through multiple distribution channels, including agents and brokers affiliated with the company, independent securities brokerage firms and financial advisors pension plan consultants, and banks.