Metlife Inc (MET) : Thrivent Financial For Lutherans reduced its stake in Metlife Inc by 2.17% during the Q4 period. The investment management company now holds a total of 1,840,135 shares of Metlife Inc which is valued at $82.3 Million after selling 40,857 shares in Metlife Inc according to the most recent disclosure to the SEC.Metlife Inc makes up approximately 0.41% of Thrivent Financial For Lutherans’s portfolio.
Other Hedge Funds, Including , Invictus Rg Pte. Ltd. reduced its stake in MET by selling 106 shares or 11.15% during the fourth quarter. The Hedge Fund company now holds 845 shares of MET which is valued at $37,797. Metlife Inc makes up approx 0.03% of Invictus Rg Pte. Ltd.’s portfolio.Assetmark Inc boosted its stake in MET during the Q4 period, The investment management firm added 18,863 additional shares and now holds a total of 20,919 shares of Metlife Inc which is valued at $935,707. Metlife Inc makes up approx 0.02% of Assetmark Inc’s portfolio.Pittenger Anderson Inc boosted its stake in MET during the Q4 period, The investment management firm added 5,350 additional shares and now holds a total of 50,850 shares of Metlife Inc which is valued at $2.3 Million. Metlife Inc makes up approx 0.28% of Pittenger Anderson Inc’s portfolio. Alpine Woods Capital Investors sold out all of its stake in MET during the fourth quarter. The investment firm sold 25,600 shares of MET which is valued $1.1 Million. Tower Research Capital (trc) sold out all of its stake in MET during the fourth quarter. The investment firm sold 669 shares of MET which is valued $29,924.
On the company’s financial health, Metlife Inc reported $1.23 EPS for the quarter, missing the analyst consensus estimate by $ -0.13 based on the information available during the earnings call on Feb 3, 2016. Analyst had a consensus of $1.36. The company had revenue of $17111.00 million for the quarter, compared to analysts expectations of $17598.80 million. The company’s revenue was down -6.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.38 EPS.
Many Wall Street Analysts have commented on Metlife Inc. Company shares were Reiterated by UBS on Mar 15, 2016 to “Neutral”, Firm has raised the Price Target to $ 44 from a previous price target of $42 .Shares were Reiterated by Barclays on Feb 4, 2016 to “Overweight” and Lowered the Price Target to $ 53 from a previous price target of $60 .Metlife Inc was Upgraded by Raymond James to ” Strong Buy” on Jan 22, 2016.
Metlife Inc closed down -0.88 points or -1.97% at $43.68 with 55,09,971 shares getting traded on Monday. Post opening the session at $44.63, the shares hit an intraday low of $43.55 and an intraday high of $44.63 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
MetLife Inc. (MetLife) is a provider of life insurance annuities employee benefits and asset management. The Companys segments include Retail; Group Voluntary & Worksite Benefits and Corporate Benefit Funding. Its three geographic segments are Latin America (collectively the Americas); Asia and Europe the Middle East and Africa (EMEA). In addition MetLife’s Corporate & Other includes MetLife Home Loans LLC (MLHL) the surviving non-bank entity of the merger of MetLife Bank National Association (MetLife Bank) with and into MLHL and other business activities. Through its subsidiaries and affiliates it operates in the United States Japan Latin America Asia Europe and the Middle East. The Companys businesses in the Americas offer a range of protection products and services.