Economy

MetLife, Inc. (MET) Sees Large Growth in Short Interest

With its total market value of the company's outstanding shares, the market cap of MetLife, Inc. First Mercantile Trust Co. now owns 2,926 shares of the financial services provider's stock worth $161,000 after acquiring an additional 97 shares during the period. The Massachusetts-based Numeric Investors Llc has invested 0.2% in the stock.

The most recent non open market insider trade was completed by KANDARIAN STEVEN A on 09/13/2017, and was a acquisition of 1,287 shares with a final price of $48.65. (CPF) has risen 31.86% since September 29, 2016 and is uptrending. It has outperformed by 15.16% the S&P500.

The amount will help investors make financial decisions, to compare MetLife, Inc. profitability or the efficiency on various investments.

As of quarter end Exane Derivatives had bought a total of 4,165 shares growing its stake by 208,250.0%. By maintaining an average market P/E ratio of 20-25 times the earnings, the company asserts that they are certainly not losing money. The stock rose 0.35% or $0.18 reaching $51.5. About 956,108 shares traded. It has underperformed by 2.78% the S&P500. Of those analysts, 5 rate stock as a Strong Buy, 2 rate it as Hold, and just no analyst rates it as a Moderate Sell. Therefore 60% are positive. The value of the investment in MetLife, Inc. increased from $0 to $228,893,000 increasing inf% for the reporting period. Wells Fargo & Co reissued a "buy" rating on shares of Metlife in a research report on Monday, March 27th.

COPYRIGHT VIOLATION NOTICE: "MetLife, Inc". Argus Research maintained Metlife Inc (NYSE:MET) rating on Wednesday, August 9. Deutsche Bank downgraded the shares of MET in report on Wednesday, July 13 to "Hold" rating. Finally, Keefe, Bruyette & Woods reiterated a "buy" rating and issued a $59.00 price target on shares of MetLife in a report on Thursday, August 3rd. August 28 investment analysts at Credit Suisse maintained a company rating of "Overweight" and moved up the price target to $60.00 from $51.00. On Monday, June 27 the stock rating was upgraded by Sandler O'Neill to "Buy". The firm has "Hold" rating given on Monday, July 24 by J.P. Morgan. The firm earned "Outperform" rating on Tuesday, January 19 by RBC Capital Markets. Moreover, Granite Investment Partners Llc has 0.62% invested in the company for 291,053 shares. Its down 0.06, from 1 in 2017Q1. There were 79 sold out positions, amounting to 10.06 million shares. MetLife had a return on equity of 8.51% and a net margin of 0.30%. Burt Wealth Advisors reported 229 shares. The stock's 52-week range is $38.56 to $52.24, and its 3-month range is $ to $. Rothschild Invest Il accumulated 238,944 shares or 1.49% of the stock. Parallel Advisors LLC increased its stake in MetLife by 50.7% in the 1st quarter.

To gain some better insight into how MetLife, Inc. Summit Fincl Wealth Lc reported 0.44% of its portfolio in Metlife Inc (NYSE:MET). (NYSE:MET) by 4.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. Also Seekingalpha.com published the news titled: "MetLife: There Is Still Room For Shares To Run" on September 24, 2017. Businesswire.com's news article titled: "MetLife Selected as a Provider for the US Department of Veterans Affairs ..." with publication date: September 28, 2017 was also an interesting one.

Analysts await Metlife Inc (NYSE:MET) to report earnings on November, 1. State Street Corp raised its position in shares of MetLife by 1.4% during the first quarter.

Analysts await Praxair, Inc. (NYSE:CPF) to report earnings on October, 26. The business's revenue for the quarter was up 2.5% on a year-over-year basis. PX's profit will be $414.70 million for 24.20 P/E if the $1.45 EPS becomes a reality. The financial services provider reported $1.30 EPS for the quarter, topping the consensus estimate of $1.28 by $0.02.

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