Traders sold shares of MetLife Inc. (NYSE:MET) on strength during trading on Monday. $46.33 million flowed into the stock on the tick-up and $66.41 million flowed out of the stock on the tick-down, for a money net flow of $20.08 million out of the stock. Of all companies tracked, MetLife had the 0th highest net out-flow for the day. MetLife traded up $0.48 for the day and closed at $43.09

A number of research firms recently weighed in on MET. Zacks Investment Research cut MetLife from a “buy” rating to a “hold” rating in a report on Thursday, April 28th. Bank of America Corp. reiterated a “buy” rating on shares of MetLife in a report on Wednesday, May 18th. Argus reiterated a “buy” rating on shares of MetLife in a report on Monday, June 6th. Royal Bank Of Canada reiterated a “buy” rating on shares of MetLife in a report on Sunday, April 3rd. Finally, Deutsche Bank AG reiterated a “buy” rating and set a $51.00 target price on shares of MetLife in a report on Friday, April 1st. Six equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have given a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $52.26.

The company’s 50-day moving average is $41.78 and its 200-day moving average is $42.65. The company has a market cap of $47.34 billion and a P/E ratio of 9.24.

MetLife (NYSE:MET) last posted its quarterly earnings results on Wednesday, May 4th. The company reported $1.20 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.38 by $0.18. The business had revenue of $16.61 billion for the quarter, compared to analysts’ expectations of $17.16 billion. The business’s revenue was down 2.5% compared to the same quarter last year. During the same quarter last year, the business posted $1.44 EPS. On average, equities research analysts anticipate that MetLife Inc. will post $5.40 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 13th. Shareholders of record on Monday, August 8th will be given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 3.71%. The ex-dividend date is Thursday, August 4th.

In other MetLife news, EVP Maria R. Morris sold 4,200 shares of MetLife stock in a transaction that occurred on Wednesday, June 1st. The shares were sold at an average price of $45.15, for a total transaction of $189,630.00. Following the transaction, the executive vice president now directly owns 108,932 shares in the company, valued at approximately $4,918,279.80. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Maria R. Morris sold 2,000 shares of MetLife stock in a transaction that occurred on Friday, July 1st. The stock was sold at an average price of $39.43, for a total transaction of $78,860.00. Following the transaction, the executive vice president now owns 109,273 shares in the company, valued at $4,308,634.39. The disclosure for this sale can be found here.

A number of institutional investors have recently bought and sold shares of the company. Investors Capital Advisory Services boosted its position in MetLife by 5.7% in the fourth quarter. Investors Capital Advisory Services now owns 22,111 shares of the company’s stock valued at $1,065,000 after buying an additional 1,196 shares during the last quarter. Boys Arnold & Co. Inc. boosted its position in MetLife by 99.6% in the fourth quarter. Boys Arnold & Co. Inc. now owns 23,672 shares of the company’s stock valued at $1,141,000 after buying an additional 11,814 shares during the last quarter. Pekin Singer Strauss Asset Management IL boosted its position in MetLife by 13.5% in the fourth quarter. Pekin Singer Strauss Asset Management IL now owns 23,666 shares of the company’s stock valued at $1,141,000 after buying an additional 2,820 shares during the last quarter. Affinity Investment Advisors LLC boosted its position in MetLife by 20.5% in the fourth quarter. Affinity Investment Advisors LLC now owns 24,870 shares of the company’s stock valued at $1,199,000 after buying an additional 4,230 shares during the last quarter. Finally, Profund Advisors LLC boosted its position in MetLife by 24.5% in the fourth quarter. Profund Advisors LLC now owns 30,236 shares of the company’s stock valued at $1,458,000 after buying an additional 5,949 shares during the last quarter.

MetLife, Inc (MetLife) is a provider of life insurance, annuities, employee benefits and asset management. The Company’s segments include Retail; Group, Voluntary & Worksite Benefits; Corporate Benefit Funding; Latin America (collectively, the Americas); Asia, and Europe, the Middle East and Africa (EMEA).

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