Do Institutional Investors Hate Metlife Inc (NYSE:MET)?

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Sentiment for Metlife Inc (NYSE:MET)

Metlife Inc (NYSE:MET) institutional sentiment decreased to 0.92 in Q2 2019. Its down -0.08, from 1 in 2019Q1. The ratio worsened, as 309 active investment managers started new and increased equity positions, while 335 decreased and sold their equity positions in Metlife Inc. The active investment managers in our partner’s database now hold: 688.74 million shares, down from 703.56 million shares in 2019Q1. Also, the number of active investment managers holding Metlife Inc in their top 10 equity positions increased from 5 to 12 for an increase of 7. Sold All: 45 Reduced: 290 Increased: 225 New Position: 84.

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 $45.30 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 7.96 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 increased 1.04% or $0.5 during the last trading session, reaching $48.37. About 6.37 million shares traded or 22.08% up from the average. MetLife, Inc. (NYSE:MET) has risen 8.00% since September 13, 2018 and is uptrending. It has outperformed by 8.00% the S&P500.

Analysts await MetLife, Inc. (NYSE:MET) to report earnings on November, 7. They expect $1.41 EPS, up 2.17 % or $0.03 from last year’s $1.38 per share. MET’s profit will be $1.32B for 8.58 P/E if the $1.41 EPS becomes a reality. After $1.38 actual EPS reported by MetLife, Inc. for the previous quarter, Wall Street now forecasts 2.17 % EPS growth.

Lumbard & Kellner Llc holds 3.86% of its portfolio in MetLife, Inc. for 144,558 shares. Cutler Capital Management Llc owns 181,146 shares or 3.63% of their US portfolio. Moreover, Matrix Asset Advisors Inc Ny has 3.57% invested in the company for 405,967 shares. The Kansas-based Nuance Investments Llc has invested 3.42% in the stock. Snow Capital Management Lp, a Pennsylvania-based fund reported 1.01 million shares.

MetLife, Inc. (NYSE:MET) Ratings Coverage

Ratings analysis reveals 0 of MetLife’s analysts are positive. Out of 3 Wall Street analysts rating MetLife, 0 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. The lowest target is $47 while the high is $5300. The stock’s average target of $50 is 3.37% above today’s ($48.37) share price. MET was included in 8 notes of analysts from March 19, 2019. On Tuesday, April 9 the stock rating was maintained by UBS with “Neutral”. The stock has “Equal-Weight” rating by Morgan Stanley on Tuesday, August 20. The stock of MetLife, Inc. (NYSE:MET) has “Hold” rating given on Friday, April 12 by Deutsche Bank.

More notable recent MetLife, Inc. (NYSE:MET) news were published by: Finance.Yahoo.com which released: “Did MetLife’s (NYSE:MET) Share Price Deserve to Gain 12%? – Yahoo Finance” on June 08, 2019, also Finance.Yahoo.com with their article: “Here’s What MetLife, Inc.’s (NYSE:MET) P/E Ratio Is Telling Us – Yahoo Finance” published on September 11, 2019, Businesswire.com published: “MetLife Names Bill Pappas as Head of Global Technology and Operations – Business Wire” on August 22, 2019. More interesting news about MetLife, Inc. (NYSE:MET) were released by: Finance.Yahoo.com and their article: “MetLife, Inc. (NYSE:MET)’s Could Be A Buy For Its Upcoming Dividend – Yahoo Finance” published on July 31, 2019 as well as Seekingalpha.com‘s news article titled: “Opportunity Brewing In MetLife – Seeking Alpha” with publication date: August 20, 2019.

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

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