F&V Capital Management LLC maintained its stake in MetLife, Inc. (NYSE:MET) during the second quarter, Holdings Channel reports. The fund owned 10,160 shares of the financial services provider’s stock at the end of the second quarter. F&V Capital Management LLC’s holdings in MetLife were worth $558,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the company. Macquarie Group Ltd. raised its stake in MetLife by 10.0% in the fourth quarter. Macquarie Group Ltd. now owns 325,781 shares of the financial services provider’s stock valued at $17,557,000 after buying an additional 29,682 shares during the period. Carroll Financial Associates Inc. raised its stake in MetLife by 15.0% in the first quarter. Carroll Financial Associates Inc. now owns 2,847 shares of the financial services provider’s stock valued at $150,000 after buying an additional 372 shares during the period. First National Bank of Omaha bought a new stake in MetLife during the first quarter valued at approximately $206,000. Foothills Asset Management Ltd. bought a new stake in MetLife during the first quarter valued at approximately $2,237,000. Finally, Alpha Windward LLC raised its stake in MetLife by 0.9% in the first quarter. Alpha Windward LLC now owns 3,297 shares of the financial services provider’s stock valued at $174,000 after buying an additional 29 shares during the period. 74.83% of the stock is currently owned by hedge funds and other institutional investors.

MetLife, Inc. (NYSE MET) traded up 0.15% during trading on Friday, hitting $46.81. The stock had a trading volume of 6,437,764 shares. MetLife, Inc. has a 12-month low of $35.64 and a 12-month high of $51.77. The stock’s 50 day moving average price is $48.80 and its 200 day moving average price is $47.31. The firm has a market cap of $49.75 billion, a P/E ratio of 550.71 and a beta of 1.46.

MetLife (NYSE:MET) last posted its earnings results on Wednesday, August 2nd. The financial services provider reported $1.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.28 by $0.02. MetLife had a return on equity of 8.51% and a net margin of 0.30%. The firm had revenue of $17.39 billion for the quarter, compared to analyst estimates of $17.11 billion. During the same quarter in the prior year, the company earned $0.83 EPS. MetLife’s revenue was up 2.5% on a year-over-year basis. On average, analysts anticipate that MetLife, Inc. will post $4.91 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 13th. Investors of record on Monday, August 7th will be paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 3.42%. The ex-dividend date is Thursday, August 3rd. MetLife’s payout ratio is currently 1,777.98%.

ILLEGAL ACTIVITY WARNING: This piece of content was first published by Daily Political and is the property of of Daily Political. If you are viewing this piece of content on another site, it was copied illegally and reposted in violation of US and international copyright laws. The legal version of this piece of content can be read at https://www.dailypolitical.com/2017/08/12/metlife-inc-nysemet-position-held-by-fv-capital-management-llc.html.

MET has been the topic of several analyst reports. Wells Fargo & Company reaffirmed a “buy” rating on shares of MetLife in a report on Tuesday, April 18th. Zacks Investment Research lowered MetLife from a “buy” rating to a “hold” rating in a report on Thursday, April 20th. TheStreet lowered MetLife from a “b-” rating to a “c” rating in a report on Tuesday, May 16th. FBR & Co raised MetLife from a “market perform” rating to an “outperform” rating and raised their target price for the stock from $54.00 to $58.00 in a report on Thursday, May 25th. Finally, BidaskClub raised MetLife from a “strong sell” rating to a “sell” rating in a report on Saturday, June 10th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $59.17.

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; Brighthouse Financial, and Corporate & Other. Its U.S. segment is organized into Group Benefits, Retirement and Income Solutions and Property & Casualty businesses.

Want to see what other hedge funds are holding MET? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for MetLife, Inc. (NYSE:MET).

Institutional Ownership by Quarter for MetLife (NYSE:MET)

Receive News & Ratings for MetLife Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MetLife Inc. and related companies with MarketBeat.com's FREE daily email newsletter.