Economy

MetLife, Inc. (MET) Upgraded by ValuEngine to "Strong-Buy"

A number of hedge funds have recently modified their holdings of MET. Signature Estate & Investment Advisors LLC bought a new position in shares of MetLife in the 1st quarter valued at about $107,000. The value of the total investment in MetLife, Inc. increased from $698,000 to $696,000,000 a change of 99,613.5% quarter to quarter.

MetLife, Inc. (NYSE:MET) reported its EPS in the last quarter as $1.3/Share beating the analyst estimate of $1.28/Share by a difference of $0.02. Calamos Wealth Management LLC lifted its stake in MetLife by 6.4% in the second quarter. Calamos Wealth Management LLC now owns 63,428 shares of the financial services provider's stock valued at $3,485,000 after buying an additional 3,796 shares in the last quarter. Budros Ruhlin & Roe Inc. now owns 15,449 shares of the company's stock worth $686,000 after buying an additional 75 shares in the last quarter. First Mercantile Trust Co. grew its stake in shares of MetLife by 3.4% in the second quarter. Parallel Advisors LLC now owns 2,970 shares of the financial services provider's stock valued at $163,000 after purchasing an additional 222 shares during the period. The institutional investor held 112 shares of the capital goods company at the end of 2017Q2, valued at $269,000, down from 244 at the end of the previous reported quarter. (NYSE:MET) can provide us with excellent insight into how the company's stock is performing. The stock of Metlife Inc (NYSE:MET) has "Buy" rating given on Wednesday, August 2 by Wells Fargo. Credit Suisse Group reaffirmed a neutral rating and issued a $53.00 price target (down previously from $64.00) on shares of MetLife in a research note on Monday, August 28th. Wells Fargo & Company reiterated a "buy" rating on shares of MetLife in a research note on Saturday, July 1st. ValuEngine raised MetLife from a "buy" rating to a "strong-buy" rating in a research note on Tuesday, June 27th. The stock of Metlife Inc (NYSE:MET) has "Mkt Perform" rating given on Monday, November 28 by FBR Capital. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company's stock. The stock presently has an average rating of "Buy" and an average target price of $57.95.

TRADEMARK VIOLATION NOTICE: This news story was published by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. Standpoint Research downgraded the shares of MET in report on Friday, December 9 to "Hold" rating. If you are accessing this piece of content on another site, it was copied illegally and republished in violation of United States & global copyright laws. RBC Capital Markets maintained Metlife Inc (NYSE:MET) rating on Tuesday, September 5. Seekingalpha.com's article titled: "MetLife: There Is Still Room For Shares To Run" and published on September 24, 2017 is yet another important article.

MetLife, Inc. (MET) shares are up 4.04% for the week and that has got investors and traders sitting up and taking note.

With the recent move, the stock now boasts a market cap of 54514.97and a beta of 1.45.

MetLife, Inc. (NYSE:MET) has noticeable measure of stock volatility, for this average true range is an exponential moving average (14 trading days) of the True Ranges. Looking at the other side of the coin, MET traded as low as $38.17 in the past 52 weeks, and since then the shares have risen 34.84% or $13.3.

MetLife (NYSE:MET) last issued its quarterly earnings data on Wednesday, August 2nd. After $35.19 actual earnings per share reported by NVR, Inc. for the previous quarter, Wall Street now forecasts 2.61% EPS growth. Metlife had a net margin of 1.30% and a return on equity of 7.17%. The business's revenue was down 29.1% on a year-over-year basis. During the same period past year, the business earned $0.83 EPS. On average, analysts anticipate that MetLife, Inc. will post $4.77 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 13th. On Monday, May 1 ANDREWS CHARLES ELLIOTT sold $3.71 million worth of NVR, Inc. The ex-dividend date was set for Thursday the 3rd of August 2017. MetLife's dividend payout ratio is now 1,777.98%. The company now provides individual insurance, annuities and investment products. The Business's segments include U.S.; Asia; Latin America; Europe, the Middle East and Africa (EMEA); MetLife Holdings; Brighthouse Financial, and Corporate & Other.



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