Metlife Inc (MET) Holdings Trimmed by Daiwa Securities Group Inc.

Daiwa Securities Group Inc. trimmed its position in Metlife Inc (NYSE:MET) by 12.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 215,892 shares of the financial services provider’s stock after selling 30,256 shares during the quarter. Daiwa Securities Group Inc.’s holdings in Metlife were worth $10,916,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. Sentry Investment Management LLC boosted its holdings in Metlife by 0.8% in the 2nd quarter. Sentry Investment Management LLC now owns 82,321 shares of the financial services provider’s stock valued at $4,523,000 after purchasing an additional 690 shares during the last quarter. QS Investors LLC boosted its holdings in Metlife by 6.0% in the 2nd quarter. QS Investors LLC now owns 17,337 shares of the financial services provider’s stock valued at $952,000 after purchasing an additional 988 shares during the last quarter. Cowen Prime Services LLC boosted its holdings in Metlife by 16.0% in the 3rd quarter. Cowen Prime Services LLC now owns 7,250 shares of the financial services provider’s stock valued at $377,000 after purchasing an additional 1,000 shares during the last quarter. Xact Kapitalforvaltning AB boosted its holdings in Metlife by 0.7% in the 3rd quarter. Xact Kapitalforvaltning AB now owns 152,710 shares of the financial services provider’s stock valued at $7,933,000 after purchasing an additional 1,004 shares during the last quarter. Finally, First National Trust Co. boosted its holdings in Metlife by 1.6% in the 3rd quarter. First National Trust Co. now owns 63,661 shares of the financial services provider’s stock valued at $3,307,000 after purchasing an additional 1,019 shares during the last quarter. Institutional investors own 76.36% of the company’s stock.

A number of equities research analysts have recently issued reports on the stock. Royal Bank of Canada reissued an “outperform” rating and issued a $60.00 price target (up from $56.00) on shares of Metlife in a research note on Friday, November 3rd. Morgan Stanley boosted their price target on shares of Metlife from $55.00 to $56.00 and gave the company an “equal weight” rating in a research note on Friday, November 3rd. Argus boosted their price target on shares of Metlife from $55.00 to $60.00 and gave the company a “buy” rating in a research note on Monday, November 6th. Zacks Investment Research downgraded shares of Metlife from a “buy” rating to a “hold” rating in a research note on Monday, January 22nd. Finally, B. Riley reissued a “neutral” rating on shares of Metlife in a research note on Monday, November 6th. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating and nine have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $57.65.

Shares of Metlife Inc (NYSE:MET) opened at $44.61 on Friday. Metlife Inc has a 52 week low of $43.38 and a 52 week high of $55.91. The firm has a market cap of $46,940.00, a P/E ratio of 96.98, a P/E/G ratio of 1.03 and a beta of 1.31. The company has a current ratio of 0.16, a quick ratio of 0.16 and a debt-to-equity ratio of 0.31.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 13th. Investors of record on Monday, February 5th will be paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 3.59%. The ex-dividend date is Friday, February 2nd. Metlife’s payout ratio is currently 347.83%.

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About Metlife

MetLife, Inc is a provider of life insurance, annuities, employee benefits and asset management. The Company’s segments include U.S.; Asia; Latin America; Europe, the Middle East and Africa (EMEA); MetLife Holdings, and Corporate & Other. Its U.S. segment is organized into Group Benefits, Retirement and Income Solutions and Property & Casualty businesses.

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Institutional Ownership by Quarter for Metlife (NYSE:MET)

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