Metlife Inc (NYSE:MET): Institutional Investor Sentiment Down to 0.86

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Sentiment for Metlife Inc (NYSE:MET)

Metlife Inc (NYSE:MET) institutional sentiment decreased to 0.86 in 2018 Q3. Its down -0.03, from 0.89 in 2018Q2. The ratio has dropped, as 318 active investment managers opened new and increased holdings, while 371 trimmed and sold holdings in Metlife Inc. The active investment managers in our partner’s database reported: 739.18 million shares, down from 751.98 million shares in 2018Q2. Also, the number of active investment managers holding Metlife Inc in their top 10 holdings increased from 5 to 7 for an increase of 2. Sold All: 47 Reduced: 324 Increased: 237 New Position: 81.

MetLife, Inc., through its subsidiaries, provides life insurance, annuities, employee benefits, and asset management products in the United States, Japan, Latin America, Asia, Europe, and the Middle East. The company has market cap of $43.37 billion. It operates in six divisions: U.S.; Asia; Latin America; Europe, the Middle East, and Africa; MetLife Holdings; and Brighthouse Financial. It has a 8.66 P/E ratio. The firm offers life, dental, group short- and long-term disability, individual disability, accidental death and dismemberment, and critical illness insurance products; vision, and accident and health coverages, as well as prepaid legal plans; administrative services-only and private floating rate funding agreements; and account guaranteed, separate account guaranteed, and trust guaranteed interest contracts.

The stock decreased 0.05% or $0.02 during the last trading session, reaching $43.95. About 1.26 million shares traded. MetLife, Inc. (NYSE:MET) has declined 26.13% since January 15, 2018 and is downtrending. It has underperformed by 26.13% the S&P500.

Analysts await MetLife, Inc. (NYSE:MET) to report earnings on February, 12. They expect $1.31 earnings per share, up 18.02 % or $0.20 from last year’s $1.11 per share. MET’s profit will be $1.29 billion for 8.39 P/E if the $1.31 EPS becomes a reality. After $1.38 actual earnings per share reported by MetLife, Inc. for the previous quarter, Wall Street now forecasts -5.07 % negative EPS growth.

Poplar Forest Capital Llc holds 3.85% of its portfolio in MetLife, Inc. for 1.09 million shares. Lumbard & Kellner Llc owns 145,433 shares or 3.55% of their US portfolio. Moreover, New Vernon Investment Management Llc has 3.19% invested in the company for 57,678 shares. The Massachusetts-based Cutler Capital Management Llc has invested 3.18% in the stock. Matrix Asset Advisors Inc Ny, a New York-based fund reported 425,266 shares.

MetLife, Inc. (NYSE:MET) Ratings Coverage

Ratings analysis reveals 40% of MetLife’s analysts are positive. Out of 5 Wall Street analysts rating MetLife, 2 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. The lowest target is $49 while the high is $63. The stock’s average target of $53.20 is 21.05% above today’s ($43.95) share price. MET was included in 5 notes of analysts from July 16, 2018. Credit Suisse maintained MetLife, Inc. (NYSE:MET) on Friday, August 17 with “Outperform” rating. UBS maintained the shares of MET in report on Monday, October 8 with “Neutral” rating. RBC Capital Markets maintained MetLife, Inc. (NYSE:MET) on Monday, December 17 with “Outperform” rating. As per Monday, July 16, the company rating was maintained by FBR Capital. The firm has “Equal-Weight” rating given on Tuesday, November 13 by Morgan Stanley.

Another recent and important MetLife, Inc. (NYSE:MET) news was published by Seekingalpha.com which published an article titled: “MetLife Is Properly Positioned For 2019 – Seeking Alpha” on December 17, 2018.

MetLife, Inc. (NYSE:MET) Institutional Positions Chart

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