Ltd. Cuts Holdings in MetLife, Inc. (MET)

(NYSE:MET). North Star Investment Management stated it has 0.1% of its portfolio in MetLife, Inc. Accern also assigned news headlines about the financial services provider an impact score of 46.85873503383 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near future. BDO Wealth Advisors LLC's holdings in MetLife were worth $741,000 at the end of the most recent reporting period. The institutional investor held 477,088 shares of the finance company at the end of 2017Q2, valued at $26.21M, down from 556,157 at the end of the previous reported quarter. BlackRock Inc. increased its position in shares of MetLife by 3,323.3% during the 1st quarter. Legal & General Group Plc now owns 4,909,055 shares of the financial services provider's stock valued at $255,009,000 after buying an additional 92,710 shares in the last quarter. SPF Beheer BV grew its stake in shares of MetLife by 18.0% during the third quarter. They expect $1.12 earnings per share, down 17.04 % or $0.23 from last year's $1.35 per share.

Obermeyer Wood Investment Counsel Lllp decreased its stake in Metlife Inc (MET) by 14.22% based on its latest 2017Q2 regulatory filing with the SEC. The Beach Investment Counsel Inc holds 26,780 shares with $1.47 million value, up from 20,230 last quarter. Diamond Hill Capital Management Inc. now owns 7,033,812 shares of the financial services provider's stock worth $386,438,000 after buying an additional 194,883 shares during the last quarter. Finally, Wade G W & Inc. lifted its stake in MetLife by 0.7% in the 3rd quarter. Stratos Wealth Partners LTD. now owns 31,686 shares of the financial services provider's stock worth $1,408,000 after buying an additional 3,147 shares in the last quarter. (NYSE:MET). Parametric Port Associates Ltd Limited Liability Company owns 0.18% invested in MetLife, Inc. Also, insider Christopher G. Townsend sold 55,712 shares of the business's stock in a transaction dated Monday, November 6th. $58.82's average target is 10.72% above currents $53.125 stock price. Following the transaction, the insider now owns 25,181 shares of the company's stock, valued at $1,367,076.49. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Following the completion of the sale, the insider now owns 49,660 shares of the company's stock, valued at $2,711,436. The disclosure for this sale can be found here. It dropped, as 65 investors sold MET shares while 349 reduced holdings. (MET) opened at $53.62 on Friday.

MetLife, Inc. has a one year low of $44.26 and a one year high of $55.91. The stock has a market capitalization of $56,550.00, a PE ratio of 10.20, a P/E/G ratio of 1.33 and a beta of 1.49. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.16 and a current ratio of 0.16. (NYSE:MET) news was published by Seekingalpha.com which published an article titled: "MetLife: Have You Already MET This 3% Yielder Stock?" on November 27, 2017. The financial services provider reported $1.09 earnings per share for the quarter, topping analysts' consensus estimates of $0.90 by $0.19. The company had revenue of $16.10 billion for the quarter, compared to analyst estimates of $15.47 billion. MetLife had a positive return on equity of 8.81% and a negative net margin of 0.75%. MetLife's revenue was up 1.7% on a year-over-year basis. Epoch Investment Partners Inc. grew its position in shares of MetLife by 208.5% in the 3rd quarter.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 13th. Investors of record on Monday, May 8th will be given a $0.40 dividend. On Friday, November 3 the stock rating was maintained by RBC Capital Markets with "Buy". This represents a $1.60 annualized dividend and a yield of 2.98%. MetLife's dividend payout ratio is now -320.00%.

A number of research analysts recently weighed in on the company. The rating was maintained by Wells Fargo on Wednesday, August 2 with "Buy". Sandler O'Neill downgraded shares of MetLife from a "buy" rating to a "hold" rating in a research report on Friday, November 10th. Langen Mcalenn reissued a "buy" rating on shares of MetLife in a research note on Wednesday, August 16th. TheStreet raised MetLife from a "c+" rating to a "b" rating in a research note on Wednesday, October 4th. Credit Suisse Group reaffirmed a "neutral" rating and issued a $53.00 price objective (down previously from $64.00) on shares of MetLife in a research report on Monday, August 28th. One analyst has rated the stock with a sell rating, ten have issued a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company's stock. MetLife now has a consensus rating of "Buy" and an average target price of $58.40.