LaSalle Street Capital Management LLC lowered its place in MetLife, Inc. (NYSE:Met) by .6% during the initially quarter, according to its most recent filing with the Securities and Exchange Fee (SEC). The fund owned 32,258 shares of the monetary solutions provider’s stock following promoting 203 shares during the period. MetLife helps make up roughly 1.4% of LaSalle Street Capital Management LLC’s holdings, making the stock its 25th biggest place. LaSalle Street Capital Management LLC’s holdings in MetLife had been value $1,704,000 at the end of the most recent quarter.
Other hedge cash and other institutional investors have also created variations to their positions in the organization. Kentucky Retirement Devices acquired a new place in shares of MetLife during the fourth quarter value $4,298,000. Lecturers Advisors LLC raised its stake in MetLife by 54.2% in the fourth quarter. Lecturers Advisors LLC now owns 3,204,461 shares of the monetary solutions provider’s stock valued at $172,688,000 following getting an further 1,126,401 shares during the period. Whalerock Stage Companions LLC acquired a new stake in MetLife during the fourth quarter valued at $250,000. UBS Asset Management Americas Inc. raised its stake in MetLife by 3.5% in the fourth quarter. UBS Asset Management Americas Inc. now owns 4,148,498 shares of the monetary solutions provider’s stock valued at $223,563,000 following getting an further 140,341 shares during the period. Lastly, RMB Capital Management LLC acquired a new stake in MetLife during the fourth quarter valued at $1,479,000. 74.60% of the stock is at present owned by hedge cash and other institutional investors.
Shares of MetLife, Inc. (NYSE:Met) opened at 55.70 on Wednesday. The organization has a 50 day moving common value of $53.97 and a 200 day moving common value of $53.02. The company’s market cap is $59.93 billion. MetLife, Inc. has a a person year lower of $38.87 and a a person year significant of $58.09.
MetLife (NYSE:Met) last posted its earnings outcomes on Wednesday, May perhaps 3rd. The monetary solutions provider reported $1.46 earnings for every share for the quarter, topping analysts’ consensus estimates of $1.27 by $.19. The organization had revenue of $16.27 billion for the quarter, when compared to analysts’ expectations of $17.02 billion. MetLife had a adverse internet margin of .95% and a favourable return on equity of 7.57%. The company’s revenue was down 11.7% on a year-around-year foundation. All through the very same quarter in the former year, the organization posted $1.20 earnings for every share. Equities study analysts hope that MetLife, Inc. will post $5.38 earnings for every share for the latest year.
The organization also a short while ago declared a quarterly dividend, which will be compensated on Wednesday, September 13th. Stockholders of report on Monday, August 7th will be issued a dividend of $.40 for every share. The ex-dividend date of this dividend is Thursday, August 3rd. This signifies a $1.60 dividend on an annualized foundation and a dividend produce of 2.87%. MetLife’s dividend payout ratio (DPR) is presently -258.06%.
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Quite a few analysts have weighed in on Met shares. Zacks Investment decision Exploration raised MetLife from a “hold” rating to a “buy” rating and set a $59.00 goal value on the stock in a report on Tuesday, April 11th. ValuEngine raised MetLife from a “buy” rating to a “strong-buy” rating in a report on Tuesday, June 27th. BidaskClub lowered MetLife from a “hold” rating to a “sell” rating in a study notice on Monday. FBR & Co raised MetLife from a “market perform” rating to an “outperform” rating and greater their value goal for the organization from $54.00 to $58.00 in a study notice on Thursday, May perhaps 25th. Lastly, Wells Fargo & Firm reaffirmed an “outperform” rating and set a $63.00 value goal (up earlier from $61.00) on shares of MetLife in a study notice on Wednesday, July 12th. Two analysts have rated the stock with a offer rating, six have provided a hold rating, six have provided a get rating and a person has issued a sturdy get rating to the stock. The organization presently has an common rating of “Hold” and a consensus value goal of $59.03.
MetLife Firm Profile
MetLife, Inc is a provider of life insurance, annuities, staff benefits and asset management. The Company’s segments incorporate U.S. Asia Latin The united states Europe, the Center East and Africa (EMEA) MetLife Holdings Brighthouse Economic, and Corporate & Other. Its U.S. section is structured into Group Positive aspects, Retirement and Income Options and Residence & Casualty corporations.
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