Economy

The MetLife Inc. (MET) gets Hold status at Standpoint Research

A 5 analysts rate it as either a buy or a strong buy, while 3 believe that investors should either steer clear of (NYSE:RF) or, if they already own its stock, sell it. It has underperformed by 2.78% the S&P500.

Choate Investment Advisors decreased Metlife Inc (MET) stake by 0.29% reported in 2017Q2 SEC filing. The stock declined 0.43% or $0.23 reaching $52.79 on the news. BlackRock Inc. now owns 68,475,870 shares of the financial services provider's stock valued at $3,616,895,000 after purchasing an additional 66,475,603 shares in the last quarter. Morgan Stanley raised their price objective on shares of MetLife from $55.00 to $56.00 and gave the company an "equal weight" rating in a research note on Friday, November 3rd. The stock rose 1.88% or $1.21 reaching $65.67. On average, equities analysts anticipate that MetLife will post $4.65 earnings per share for the current year. It has underperformed by 35.31% the S&P500. That's a potential 5.75 increase relative to where MetLife, Inc. The Company's divisions include U.S.; Asia; Latin America; Europe, the Middle East and Africa; MetLife Holdings, and Corporate & Other.

NYSE exhibits a P/E ratio of 120.81 with a forward P/E of 11.11.

Investors sentiment decreased to 0.94 in 2017 Q2.

Regions Financial Corporation (RF) knifed -0.71 percent lower and now trades for $15.36.RF comes in with a P/S ratio of 4.65 that's greater than 1, potentially implying that it could be expensive relative to the overall sector (6) and its peers (5.97). 81 funds opened positions while 307 raised stakes.

MetLife announced that its board has authorized a share buyback plan on Wednesday, November 1st that authorizes the company to repurchase $2.00 billion in shares. Fdx invested in 24,831 shares or 0.04% of the stock. Boston Advisors Ltd Co has invested 0.38% in Metlife Inc (NYSE:MET). Calamos Advsrs Ltd has invested 0.26% in Metlife Inc (NYSE:MET). Wellington Mngmt Grp Llp holds 0.57% of its portfolio in Metlife Inc (NYSE:MET) for 43.75M shares.

Atlanta Capital Management Co Llc decreased Raven Inds Inc (NASDAQ:RAVN) stake by 11,630 shares to 656,081 valued at $21.85 million in 2017Q2. Hexavest Inc stated it has 451,097 shares or 0.32% of all its holdings. Menora Mivtachim Limited holds 0.96% or 373,600 shares. Dreman Value Management L L C reported 38,658 shares. Prudential Financial Inc. now owns 3,672,729 shares of the financial services provider's stock valued at $201,778,000 after purchasing an additional 1,529,570 shares during the period. D Scott Neal holds 0% or 40 shares. Capital Ww Investors owns 420,416 shares or 0.01% of their USA portfolio. Ironwood Fincl Ltd owns 110 shares. Prudential Public Limited Com holds 0.22% of its portfolio in Metlife Inc (NYSE:MET) for 1.35 million shares. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company's stock. Therefore 60% are positive. Ordinary Share (PNR) has risen 14.99% since November 9, 2016 and is uptrending. Wells Fargo maintained the shares of MET in report on Monday, July 10 with "Buy" rating. Langen Mcalenn reissued a buy rating on shares of MetLife in a research report on Wednesday, August 16th. Lumbard & Kellner Llc bought 8,108 shares as the company's stock declined 4.70% while stock markets rallied. RBC Capital Markets maintained the shares of MET in report on Monday, July 10 with "Buy" rating. The firm has "Hold" rating by Stifel Nicolaus given on Friday, October 16. Susquehanna downgraded the stock to "Neutral" rating in Monday, November 7 report. As per Friday, July 31, the company rating was maintained by Deutsche Bank. It dropped, as 50 investors sold EQT shares while 152 reduced holdings. Andra Ap, a Alabama-based fund reported 25,400 shares. Moreover, Parnassus Investments Ca has 2.6% invested in the company for 9.26 million shares. Mitsubishi Ufj Trust And Corporation reported 352,146 shares or 0.04% of all its holdings. Commonwealth Equity Svcs Incorporated has 155,349 shares. Peapack Gladstone Finance Corp stated it has 0% of its portfolio in Metlife Inc (NYSE:MET). Dupont Cap Mgmt accumulated 62,538 shares or 0.08% of the stock. Burney holds 13,210 shares or 0.05% of its portfolio. As per Wednesday, January 18, the company rating was reinitiated by Citigroup. On Thursday, January 14 the stock rating was upgraded by Macquarie Research to "Outperform". The firm earned "Outperform" rating on Wednesday, July 22 by RBC Capital Markets. As per Wednesday, July 20, the company rating was downgraded by Goldman Sachs. The firm earned "Underperform" rating on Thursday, September 1 by Cowen & Co. The company presently has an average rating of "Buy" and a consensus price target of $58.40. The company was initiated on Friday, October 7 by Credit Suisse.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.



Like this

Latest


10 November 2017
Cleveland-Cliffs Inc. (CLF) — Investors Focused Stock
Over a month, it has seen its stock price volatility to stay at 3.02% while shortening the period to a week, volatility was 4.73%. The Fairholme Capital Management Llc holds 2.86 million shares with $42.55 million value, down from 3.28M last quarter.

10 November 2017
Qualcomm Unveils $12B In China Deals Amid Trump's Trip
Qualcomm Technologies Inc. signed three non-binding memoranda of understanding with Xiaomi Communications Co. However, it appears that the enigmatic president has delivered on his word.

10 November 2017
Jefferies Group Weighs in on Range Resources Corporation's FY2017 Earnings (NYSE:RRC)
Meag Munich Ergo Kapitalanlagegesellschaft Mbh acquired 65,586 shares as Express Scripts Hldg Co (ESRX)'s stock declined 14.09%. Credit Suisse has "Neutral" rating and $74 target. (NYSE:RRC) has "Neutral" rating given on Monday, October 23 by JP Morgan.

10 November 2017
BJP takes out torch rally to support demonetization
While Congress observed Black Day to oppose demonetization, the BJP took out torch procession in its support on Wednesday. Did anything happen? The Prime Minister speaks lies only, " Congress' Odisha In charge BK Hariprasad said.

10 November 2017
India 'deplores' UN Rapporteur's comments on Mahatma Gandhi
It denied the UNSR's allegations, citing a report by a private organisation, about the lack of toilets in government schools. UNSR alleged that human rights principles have not been properly addressed in India's water and sanitation programmes.

10 November 2017
NYC Subway Bans 'Ladies and Gentlemen'
In lieu of "ladies and gentlemen", the agency will be moving to gender-neutral phrasing like "passengers", "riders" and "everyone".

10 November 2017
Patrice Evra: Marseille defender banned from Uefa club matches for seven months
Evra was carried back over the hoardings by a team-mate before aiming a kick at the head of one of the Marseille followers. They also again criticised the attitude of the supporters whose provocation led to the player's reaction.

10 November 2017
Man stabbed during fight in Colorado Springs
Two males started fighting inside the auto , but they climbed out of the vehicle and continued fighting the report says. The victim called his friends to say he had been shot, then soon after, showed up at the hospital.

10 November 2017
Rangers: Dick Advocaat thinks Aberdeen boss Derek McInnes is ready for Ibrox
RYAN JACK has insisted he won't have a problem if Derek McInnes is named Rangers boss. He wanted to keep me as a part of it'.

10 November 2017
Pope Francis bans sale of cigarettes in Vatican on health grounds
Duty free tobacco is available inside the Vatican at a discount for employees and residents as they duck Italy's stringent taxes. Spokesman Greg Burke said "people enjoyed it as sort of a fringe benefit".



Recommended