Investors bought shares of MetLife Inc. (NYSE:MET) on weakness during trading hours on Monday. $73.65 million flowed into the stock on the tick-up and $40.41 million flowed out of the stock on the tick-down, for a money net flow of $33.24 million into the stock. Of all equities tracked, MetLife had the 13th highest net in-flow for the day. MetLife traded down ($0.39) for the day and closed at $39.76

A number of brokerages have recently commented on MET. Zacks Investment Research raised shares of MetLife from a “sell” rating to a “hold” rating in a report on Thursday, July 7th. Bank of America Corp. reaffirmed a “buy” rating on shares of MetLife in a report on Wednesday, May 18th. Royal Bank Of Canada reduced their target price on shares of MetLife from $65.00 to $62.00 and set an “outperform” rating on the stock in a report on Thursday, May 5th. JPMorgan Chase & Co. reduced their target price on shares of MetLife from $53.00 to $51.00 and set an “overweight” rating on the stock in a report on Thursday, May 5th. Finally, Argus reaffirmed a “buy” rating on shares of MetLife in a report on Monday, June 6th. Six equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $52.26.

The company has a market capitalization of $44.19 billion and a PE ratio of 10.57. The company has a 50 day moving average of $41.02 and a 200-day moving average of $42.46.

MetLife (NYSE:MET) last released its earnings results on Wednesday, August 3rd. The company reported $0.83 EPS for the quarter, missing the consensus estimate of $1.35 by $0.52. The firm had revenue of $17 billion for the quarter, compared to analysts’ expectations of $17.35 billion. The business’s quarterly revenue was down 2.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.56 earnings per share. Equities analysts predict that MetLife Inc. will post $4.74 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 13th. Stockholders of record on Monday, August 8th will be issued a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 3.98%. The ex-dividend date is Thursday, August 4th.

In related news, EVP Maria R. Morris sold 4,200 shares of the business’s stock in a transaction on Wednesday, June 1st. The shares were sold at an average price of $45.15, for a total value of $189,630.00. Following the sale, the executive vice president now owns 108,932 shares in the company, valued at $4,918,279.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Maria R. Morris sold 2,000 shares of the business’s stock in a transaction 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 completion of the sale, the executive vice president now owns 109,273 shares in the company, valued at approximately $4,308,634.39. The disclosure for this sale can be found here.

A number of large investors have made changes to their positions in MET. King Luther Capital Management Corp boosted its stake in shares of MetLife by 0.4% in the fourth quarter. King Luther Capital Management Corp now owns 652,894 shares of the company’s stock valued at $31,476,000 after buying an additional 2,422 shares in the last quarter. BNP Paribas Arbitrage SA boosted its stake in shares of MetLife by 5.2% in the fourth quarter. BNP Paribas Arbitrage SA now owns 563,382 shares of the company’s stock valued at $27,161,000 after buying an additional 27,975 shares in the last quarter. American International Group Inc. boosted its stake in shares of MetLife by 1.3% in the fourth quarter. American International Group Inc. now owns 503,342 shares of the company’s stock valued at $24,266,000 after buying an additional 6,487 shares in the last quarter. Calvert Investment Management Inc. boosted its stake in shares of MetLife by 67.9% in the fourth quarter. Calvert Investment Management Inc. now owns 236,758 shares of the company’s stock valued at $11,414,000 after buying an additional 95,751 shares in the last quarter. Finally, Palladium Partners LLC boosted its stake in shares of MetLife by 0.7% in the fourth quarter. Palladium Partners LLC now owns 141,898 shares of the company’s stock valued at $6,841,000 after buying an additional 930 shares in 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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