Stanley Laman Team Ltd. bought a new situation in MetLife, Inc. (NYSE:Fulfilled) all through the second quarter, in accordance to its most new 13F submitting with the SEC. The institutional trader bought 25,349 shares of the financial providers provider’s inventory, valued at close to $1,393,000.
Other institutional investors have also not too long ago designed variations to their positions in the enterprise. Signature Estate & Expenditure Advisors LLC purchased a new stake in MetLife all through the 1st quarter valued at about $107,000. Very first Personalized Monetary Solutions boosted its holdings in MetLife by 11.5% all through the 1st quarter. Very first Personalized Monetary Solutions now owns 2,588 shares of the financial providers provider’s inventory valued at $137,000 after acquiring an additional 266 shares all through the period of time. Westside Expenditure Management Inc. boosted its holdings in MetLife by 583.8% all through the 1st quarter. Westside Expenditure Management Inc. now owns 2,694 shares of the financial providers provider’s inventory valued at $140,000 after acquiring an additional 2,300 shares all through the period of time. Parallel Advisors LLC boosted its holdings in MetLife by 50.7% all through the 1st quarter. Parallel Advisors LLC now owns 2,748 shares of the financial providers provider’s inventory valued at $143,000 after acquiring an additional 924 shares all through the period of time. Lastly, Very first Mercantile Have confidence in Co. purchased a new stake in MetLife all through the 1st quarter valued at about $149,000. Hedge money and other institutional investors possess 74.24% of the company’s inventory.
A variety of exploration corporations have not too long ago commented on Fulfilled. Langen Mcalenn reaffirmed a “buy” rating on shares of MetLife in a exploration report on Wednesday, August 16th. Wells Fargo & Firm reissued a “buy” rating on shares of MetLife in a report on Monday, August 7th. BidaskClub raised MetLife from a “sell” rating to a “hold” rating in a report on Wednesday, August 9th. Keefe, Bruyette & Woods reissued a “buy” rating and issued a $59.00 focus on rate on shares of MetLife in a report on Thursday, August 3rd. Lastly, Zacks Expenditure Investigation decreased MetLife from a “hold” rating to a “sell” rating in a report on Wednesday, August 9th. Two equities exploration analysts have rated the inventory with a sell rating, 6 have given a maintain rating and 10 have assigned a acquire rating to the enterprise. The enterprise has a consensus rating of “Hold” and an ordinary rate focus on of $57.95.
MetLife, Inc. (NYSE Fulfilled) opened at 48.54 on Friday. The inventory has a market capitalization of $51.59 billion, a P/E ratio of 571.06 and a beta of 1.44. The inventory has a 50 day going ordinary rate of $47.80 and a 200 day going ordinary rate of $47.29. MetLife, Inc. has a 12 thirty day period low of $38.17 and a 12 thirty day period higher of $51.77.
MetLife (NYSE:Fulfilled) final posted its quarterly earnings outcomes on Wednesday, August 2nd. The financial providers company reported $1.30 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.28 by $.02. The enterprise experienced revenue of $17.39 billion for the quarter, as opposed to the consensus estimate of $17.11 billion. MetLife experienced a internet margin of .30% and a return on fairness of 8.51%. MetLife’s revenue was up 2.5% on a 12 months-around-12 months basis. All through the identical quarter final 12 months, the company posted $.83 earnings per share. Equities analysts forecast that MetLife, Inc. will publish $4.78 EPS for the existing fiscal 12 months.
The company also not too long ago disclosed a quarterly dividend, which was paid out on Wednesday, September 13th. Stockholders of report on Monday, August 7th were given a $.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 3.30%. The ex-dividend date of this dividend was Thursday, August 3rd. MetLife’s payout ratio is presently 1,777.98%.
Unlawful Activity WARNING: “Stanley Laman Team Ltd. Can take $1.39 Million Situation in MetLife, Inc. (Fulfilled)” was originally reported by The Ledger Gazette and is the sole residence of of The Ledger Gazette. If you are accessing this tale on a different publication, it was copied illegally and republished in violation of United States and global copyright & trademark regulations. The authentic model of this tale can be accessed at https://ledgergazette.com/2017/09/17/stanley-laman-team-ltd-invests-1-39-million-in-metlife-inc-satisfied-inventory.html.
MetLife Firm Profile
MetLife, Inc is a company of existence insurance policies, annuities, staff benefits and asset administration. The Company’s segments involve U.S. Asia Latin The united states Europe, the Center East and Africa (EMEA) MetLife Holdings, and Company & Other. Its U.S. phase is organized into Team Gains, Retirement and Cash flow Solutions and Residence & Casualty corporations.
Acquire Information & Rankings for MetLife Inc. Day-to-day – Enter your email tackle underneath to acquire a concise every day summary of the newest news and analysts’ ratings for MetLife Inc. and associated corporations with MarketBeat.com’s Free of charge every day email publication.