Rhumbline Advisers slash its holdings in MetLife, Inc. (NYSE:Fulfilled) by .4% for the duration of the second quarter, according to the corporation in its most new Variety 13F filing with the SEC. The fund owned 1,694,222 shares of the economical expert services provider’s stock right after marketing 6,989 shares for the duration of the quarter. Rhumbline Advisers owned about .16% of MetLife worthy of $93,081,000 as of its most new SEC filing.
Other hedge money have also produced changes to their positions in the corporation. Signature Estate & Financial investment Advisors LLC acquired a new stake in MetLife in the to start with quarter worthy of $107,000. To start with Personalized Financial Expert services elevated its holdings in MetLife by 11.5% in the to start with quarter. To start with Personalized Financial Expert services now owns 2,588 shares of the economical expert services provider’s stock worthy of $137,000 right after obtaining an additional 266 shares for the duration of the time period. Westside Financial investment Administration Inc. elevated its holdings in MetLife by 583.8% in the to start with quarter. Westside Financial investment Administration Inc. now owns 2,694 shares of the economical expert services provider’s stock worthy of $140,000 right after obtaining an additional 2,300 shares for the duration of the time period. Parallel Advisors LLC elevated its holdings in MetLife by 50.7% in the to start with quarter. Parallel Advisors LLC now owns 2,748 shares of the economical expert services provider’s stock worthy of $143,000 right after obtaining an additional 924 shares for the duration of the time period. Last but not least, To start with Mercantile Trust Co. acquired a new stake in MetLife in the to start with quarter worthy of $149,000. 74.24% of the stock is now owned by hedge money and other institutional buyers.
Shares of MetLife, Inc. (NYSE Fulfilled) opened at 48.35 on Friday. The company has a 50-working day relocating common of $47.81 and a 200-working day relocating common of $47.28. The corporation has a sector cap of $51.39 billion, a P/E ratio of 568.82 and a beta of 1.44. MetLife, Inc. has a 12-month lower of $38.17 and a 12-month higher of $51.77.
MetLife (NYSE:Fulfilled) previous launched its quarterly earnings benefits on Wednesday, August 2nd. The economical expert services company reported $1.30 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.28 by $.02. MetLife experienced a return on fairness of 8.51% and a internet margin of .30%. The corporation experienced profits of $17.39 billion for the quarter, compared to analyst estimates of $17.11 billion. During the identical quarter in the prior yr, the company posted $.83 EPS. MetLife’s quarterly profits was up 2.5% compared to the identical quarter previous yr. Analysts predict that MetLife, Inc. will submit $4.78 EPS for the recent yr.
The organization also a short while ago declared a quarterly dividend, which was paid on Wednesday, September 13th. Investors of record on Monday, August 7th have been issued a dividend of $.40 per share. The ex-dividend date of this dividend was Thursday, August 3rd. This represents a $1.60 annualized dividend and a produce of 3.31%. MetLife’s payout ratio is presently 1,777.98%.
Fulfilled has been the subject matter of a number of analysis analyst studies. TheStreet reduced shares of MetLife from a “b-” ranking to a “c+” ranking in a report on Monday, August 21st. BidaskClub reduced shares of MetLife from a “hold” ranking to a “sell” ranking in a report on Monday, July 24th. ValuEngine upgraded shares of MetLife from a “buy” ranking to a “strong-buy” ranking in a report on Tuesday, June 27th. Wells Fargo & Firm restated an “outperform” ranking and established a $63.00 selling price goal (up from $61.00) on shares of MetLife in a report on Wednesday, July 12th. Last but not least, FBR & Co upgraded shares of MetLife from a “market perform” ranking to an “outperform” ranking and elevated their selling price goal for the stock from $54.00 to $58.00 in a report on Thursday, Could 25th. Two equities analysis analysts have rated the stock with a provide ranking, 6 have issued a maintain ranking and 10 have specified a acquire ranking to the company’s stock. The corporation now has a consensus ranking of “Hold” and a consensus selling price concentrate on of $57.95.
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MetLife Firm Profile
MetLife, Inc is a company of life insurance policy, annuities, worker positive aspects and asset management. The Company’s segments contain U.S. Asia Latin The united states Europe, the Center East and Africa (EMEA) MetLife Holdings, and Company & Other. Its U.S. segment is arranged into Group Advantages, Retirement and Earnings Answers and Residence & Casualty organizations.
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