Metropolitan Edison Co (NYSE:MET) Institutional Investors Sentiment Index Dropped in Q2 2019

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Sentiment for Metropolitan Edison Co (NYSE:MET)

Metropolitan Edison Co (NYSE:MET) institutional sentiment decreased to 0.92 in 2019 Q2. Its down -0.08, from 1 in 2019Q1. The ratio fall, as 309 institutional investors opened new or increased holdings, while 335 reduced and sold equity positions in Metropolitan Edison Co. The institutional investors in our partner’s database now possess: 688.74 million shares, down from 703.56 million shares in 2019Q1. Also, the number of institutional investors holding Metropolitan Edison Co in their top 10 holdings 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. The company was maintained on Friday, April 12 by Deutsche Bank. The firm has “Neutral” rating given on Tuesday, April 9 by UBS. The stock of MetLife, Inc. (NYSE:MET) earned “Equal-Weight” rating by Morgan Stanley on Tuesday, August 20.

More notable recent MetLife, Inc. (NYSE:MET) news were published by: which released: “Here’s What MetLife, Inc.’s (NYSE:MET) P/E Ratio Is Telling Us – Yahoo Finance” on September 11, 2019, also with their article: “MetLife Names Lyndon Oliver as Treasurer – Business Wire” published on September 10, 2019, published: “Looking For A Nice Rally In MetLife – Seeking Alpha” on September 10, 2019. More interesting news about MetLife, Inc. (NYSE:MET) were released by: and their article: “Have Insiders Been Buying MetLife, Inc. (NYSE:MET) Shares This Year? – Yahoo Finance” published on August 20, 2019 as well as‘s news article titled: “MetLife, Inc. (NYSE:MET)’s Could Be A Buy For Its Upcoming Dividend – Yahoo Finance” with publication date: July 31, 2019.

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

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