MetLife, Inc. (MET) Lowered to Neutral at FBR & Co

The institutional investor held 17,232 shares of the finance company at the end of 2017Q2, valued at $947,000, down from 27,376 at the end of the previous reported quarter. The company has market cap of $13.02 billion. The lowest price the stock reached in the last trading day was $29.14 and compares with the $10.21 52-week low. The stock appeared $122.79 above its 52-week highs and is down -2.12% for the last five trades.

Metlife (NYSE:MET) last released its quarterly earnings results on Wednesday, May 3rd. It has underperformed by 16.70% the S&P500.

Looking at a public company's insider trading can give great insight into how the stock is performing. During the same quarter in the prior year, the firm posted $0.83 earnings per share. Investors who are keeping close eye on the stock of Electronic Arts Inc. Genesee Valley Trust Co now controls 25,885 shares valued at $1,345,000. RTI Surgical Inc (NASDAQ:RTIX) has risen 30.73% since October 12, 2016 and is uptrending. It has outperformed by 33.43% the S&P500. The financial services provider reported $1.30 EPS for the quarter, beating the consensus estimate of $1.28 by $0.02. Westside Investment Management Inc. increased its stake in shares of Metlife by 583.8% in the first quarter. 81 funds opened positions while 307 raised stakes. Vanguard Group Inc. now owns 65,364,620 shares of the financial services provider's stock valued at $3,452,559,000 after purchasing an additional 1,885,246 shares in the last quarter. Guardian Life Ins Of America holds 0.02% in Metlife Inc (NYSE:MET) or 2,444 shares. Peak6 Investments LP holds 264 shares.

Analysts await Metlife Inc (NYSE:MET) to report earnings on November, 1. Mcf Advsr Limited Liability Company invested 0.01% in Metlife Inc (NYSE:MET).

Ally Financial Inc increased Metlife Inc (MET) stake by 66.67% reported in 2017Q2 SEC filing. Richard Bernstein Advsr Ltd has 0.45% invested in Metlife Inc (NYSE:MET). Credit Agricole S A accumulated 0.1% or 556,889 shares.

Several analysts have recently commented on MET shares. Meridian Inv Counsel has 1.78% invested in Metlife Inc (NYSE:MET) for 54,138 shares. It worsened, as 33 investors sold Y shares while 112 reduced holdings. Bancorpsouth invested in 0.5% or 89,557 shares. Signature Estate & Investment Advisors LLC bought a new stake in shares of Metlife during the first quarter valued at about $107,000. The California-based Hanson Mcclain Inc has invested 0.01% in Metlife Inc (NYSE:MET). Seekingalpha.com's article titled: "MetLife: There Is Still Room For Shares To Run" and published on September 24, 2017 is yet another important article. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and nine have given a buy rating to the company's stock. Therefore 60% are positive. Encana Corporation had 100 analyst reports since July 21, 2015 according to SRatingsIntel. Peoples Bank OH now owns 10,529 shares of the financial services provider's stock valued at $556,000 after buying an additional 50 shares during the last quarter. The company was maintained on Monday, July 10 by RBC Capital Markets. Credit Suisse initiated the stock with "Neutral" rating in Friday, October 7 report. Metlife Inc (NYSE:MET) has risen 13.92% since October 11, 2016 and is uptrending. The firm earned "Hold" rating on Tuesday, December 1 by Jefferies. Argus Research maintained the shares of MET in report on Wednesday, August 9 with "Buy" rating. Wells Fargo maintained Metlife Inc (NYSE:MET) on Wednesday, June 28 with "Buy" rating. The rating was maintained by Barclays Capital on Friday, August 11 with "Overweight". Regentatlantic Capital Llc sold 14,859 shares as Metlife Inc (MET)'s stock declined 4.70%. FBR & Co now has $52.00 price objective on the financial services provider's stock, down from their previous price objective of $53.00. RTIX's profit will be $595,705 for 120.50 P/E if the $0.01 EPS becomes a reality. They expect $1.04 earnings per share, down 18.75% or $0.24 from last year's $1.28 per share.

Since May 9, 2017, it had 0 buys, and 1 insider sale for $186,983 activity. Shareholders of record on Monday, May 8th will be issued a $0.40 dividend. LAVIN WILLIAM K sold $186,983 worth of stock or 321 shares. 4,500 RTI Surgical Inc (NASDAQ:RTIX) shares with value of $19,575 were bought by McEachin Thomas.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related Articles

  • N. Korea's nuke advances spooking most Americans

    N. Korea's nuke advances spooking most Americans

    Kim has stood by his goal to obtain full nuclear capability despite mounting economic sanctions by the U.N. Security Council to cripples its program. "We cannot allow this to happen", Trump said.
    Pro sports teams no longer staying at Trump hotels

    Pro sports teams no longer staying at Trump hotels

    Trump SoHo used to be the place where more than a third of the National Basketball Association stayed when they had games in NY . While NFL teams typically don't stay at luxury hotels like Trump's due to their massive teams and support staff, other teams do.
    Quant Data Showing Valuation of Enable Midstream Partners, LP (NYSE:ENBL)

    Quant Data Showing Valuation of Enable Midstream Partners, LP (NYSE:ENBL)

    This is calculated by taking weekly log normal returns and standard deviation of the share price over one year annualized. Capital Growth Management Lp increased Itau Unibanco Holding S.A. (ITUB) stake by 508.43% reported in 2017Q2 SEC filing.
  • Tagbo's Death: Davido Cries Innocence

    Tagbo's Death: Davido Cries Innocence

    According to Imohimi, a postmortem examination conducted on the deceased revealed that he died of suffocation. He stated that he was only informed by some mutual friends of the victim's death at the DNA club".
    Osinbajo says he signed joint venture financing not NNPC contracts

    Osinbajo says he signed joint venture financing not NNPC contracts

    Akande added that the approvals were granted after carrying out due diligence and complying with laid down procedures. He also accused Baru of reorganising the corporation without recourse to the Board of the NNPC.
    FTII Students Draw Anupam Kher's Attention To 9 Key Issues

    FTII Students Draw Anupam Kher's Attention To 9 Key Issues

    Students have alleged that the iconic institute has become an "institute for short-term courses' and contractual faculties". The last issue raised in the letter reads: "FTII has been producing filmmakers who are working at various platforms".
  • Mother jailed for not vaccinating son loses primary custody

    Mother jailed for not vaccinating son loses primary custody

    McDonald gave Bredow's attorney, Steven Vitale, 21 days to object to the decision, which Vitale says he intends to do. The boy received four immunizations this week, according to court testimony on Wednesday, USA Today reported .
    Arsenal boss Wenger loses rag with Merson

    Arsenal boss Wenger loses rag with Merson

    Meanwhile Wenger last won the league title in 2004 - during Arsenal's unbeaten season - and clinched the FA Cup last term.

    Stephanie McMahon: WWE's Offer To Ronda Rousey Still Stands

    Ronda Rousey is an exceptional athlete and as we have seen before, she is capable of pulling off some moves in a WWE ring. When our guy tried to get it outta her, Ronda came back with - " If you were a real fan, would you really wanna know? ".
  • She's Gotta Have It trailer released by Netflix

    She's Gotta Have It trailer released by Netflix

    Lee's debut independent film She's Gotta Have It is now a Netflix Original series coming out on Thanksgiving. She's Gotta Have It will premiere globally on Netflix on November 23, 2017 .

    $0.83 EPS Expected for GlaxoSmithKline plc (ADR) (GSK)

    Also, insider Patrick Vallance purchased 861 shares of GlaxoSmithKline plc stock in a transaction dated Friday, July 14th. Fernwood Investment Management Llc bought 1,215 shares as the company's stock declined 4.81% while stock markets rallied.
    Local health care network to stop participating in major insurance network

    Local health care network to stop participating in major insurance network

    Also on Tuesday Unity Point Health in Peoria announced that they would be picking up Blue Cross Blue Shield as well. On Tues., The health insurance company announced it's expanding its network to cover UnityPoint Health Methodist.