Livforsakringsbolaget Skandia Omsesidigt raised its holdings in MetLife, Inc. (NYSE:MET – Free Report) by 504.3% throughout the third quarter, in accordance with its most up-to-date disclosure with the Securities and Alternate Fee. The institutional investor owned 6,351 shares of the monetary companies supplier’s inventory after shopping for a further 5,300 shares throughout the interval. Livforsakringsbolaget Skandia Omsesidigt’s holdings in MetLife had been price $524,000 as of its most up-to-date submitting with the Securities and Alternate Fee.
A lot of different hedge funds have additionally not too long ago made modifications to their positions within the enterprise. Vanguard Group Inc. boosted its stake in MetLife by 3.4% throughout the 1st quarter. Vanguard Group Inc. now owns 59,622,348 shares of the monetary companies supplier’s inventory valued at $4,418,612,000 after buying a further 1,974,268 shares over the last quarter. Dimensional Fund Advisors LP boosted its place in shares of MetLife by 22.4% throughout the second quarter. Dimensional Fund Advisors LP now owns 5,396,274 shares of the monetary companies supplier’s inventory valued at $378,799,000 after shopping for a further 988,666 shares over the last quarter. Authorized & Common Group Plc grew its holdings in MetLife by 5.4% throughout the second quarter. Authorized & Common Group Plc now owns 5,299,800 shares of the monetary companies supplier’s inventory price $371,993,000 after shopping for a further 269,246 shares within the final quarter. Envestnet Asset Administration Inc. raised its place in MetLife by 3.2% within the 2nd quarter. Envestnet Asset Administration Inc. now owns 3,224,930 shares of the monetary companies supplier’s inventory valued at $226,358,000 after shopping for a further 100,782 shares over the last quarter. Lastly, Nordea Funding Administration AB boosted its holdings in MetLife by 4.1% throughout the 1st quarter. Nordea Funding Administration AB now owns 2,772,751 shares of the monetary companies supplier’s inventory price $205,544,000 after buying a further 108,739 shares over the last quarter. 89.81% of the inventory is at present owned by institutional traders and hedge funds.
MetLife Value Efficiency
Shares of NYSE:MET opened at $85.51 on Monday. The agency has a market capitalization of $60.81 billion, a PE ratio of 29.38, a P/E/G ratio of 0.69 and a beta of 1.04. The corporate has a fast ratio of 0.16, a present ratio of 0.16 and a debt-to-equity ratio of 0.56. The corporate has a 50-day shifting common value of $76.87 and a two-hundred day shifting common value of $73.71. MetLife, Inc. has a twelve month low of $57.91 and a twelve month excessive of $85.97.
MetLife (NYSE:MET – Get Free Report) final launched its quarterly earnings knowledge on Wednesday, July thirty first. The monetary companies supplier reported $2.28 EPS for the quarter, topping the consensus estimate of $2.13 by $0.15. MetLife had a internet margin of 4.23% and a return on fairness of 21.41%. The corporate had income of $17.82 billion throughout the quarter, in comparison with the consensus estimate of $18.57 billion. Throughout the identical interval final yr, the agency earned $1.94 EPS. MetLife’s income for the quarter was up 7.2% on a year-over-year foundation. Equities analysts forecast that MetLife, Inc. will publish 8.61 EPS for the present yr.
MetLife Declares Dividend
The enterprise additionally not too long ago disclosed a quarterly dividend, which will probably be paid on Monday, December sixteenth. Buyers of document on Tuesday, November fifth will probably be paid a dividend of $0.545 per share. The ex-dividend date is Tuesday, November fifth. This represents a $2.18 dividend on an annualized foundation and a dividend yield of two.55%. MetLife’s payout ratio is 74.91%.
Analysts Set New Value Targets
MET has been the topic of a number of analyst stories. Citigroup elevated their goal value on shares of MetLife from $83.00 to $89.00 and gave the corporate a “purchase” score in a report on Tuesday, July twenty third. StockNews.com downgraded MetLife from a “purchase” score to a “maintain” score in a analysis observe on Friday, October 4th. Keefe, Bruyette & Woods decreased their value goal on MetLife from $86.00 to $85.00 and set an “outperform” score for the corporate in a analysis report on Monday, July eighth. Financial institution of America minimize their value goal on MetLife from $99.00 to $96.00 and set a “purchase” score on the inventory in a analysis report on Thursday, August 1st. Lastly, Wells Fargo & Firm raised their goal value on MetLife from $86.00 to $92.00 and gave the corporate an “obese” score in a analysis report on Thursday. One analysis analyst has rated the inventory with a maintain score and 13 have given a purchase score to the corporate’s inventory. Based on MarketBeat, the corporate at present has a mean score of “Average Purchase” and a mean value goal of $88.46.
Examine Out Our Newest Report on MetLife
MetLife Profile
MetLife, Inc, a monetary companies firm, offers insurance coverage, annuities, worker advantages, and asset administration companies worldwide. It operates by means of six segments: Retirement and Revenue Options; Group Advantages; Asia; Latin America; Europe, the Center East and Africa; and MetLife Holdings. The corporate gives life, dental, group short-and long-term incapacity, particular person incapacity, pet insurance coverage, unintentional demise and dismemberment, imaginative and prescient, and accident and well being coverages, in addition to pay as you go authorized plans; administrative services-only preparations to employers; and normal and separate account, and artificial assured curiosity contracts, in addition to non-public floating fee funding agreements.
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