Traders sold shares of MetLife, Inc. (NYSE:MET) on strength during trading on Friday. $21.56 million flowed into the stock on the tick-up and $49.80 million flowed out of the stock on the tick-down, for a money net flow of $28.24 million out of the stock. Of all companies tracked, MetLife had the 29th highest net out-flow for the day. MetLife traded up $0.33 for the day and closed at $47.14

A number of analysts have commented on MET shares. 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 lifted their target price for the stock from $54.00 to $58.00 in a report on Thursday, May 25th. BidaskClub raised MetLife from a “strong sell” rating to a “sell” rating in a report on Saturday, June 10th. ValuEngine raised MetLife from a “buy” rating to a “strong-buy” rating in a report on Tuesday, June 27th. Finally, Wells Fargo & Company reissued a “buy” rating on shares of MetLife in a report on Saturday, July 1st. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and ten have issued a buy rating to the company. MetLife presently has an average rating of “Hold” and an average target price of $57.95.

The company’s 50-day moving average is $47.93 and its 200 day moving average is $47.26. The firm has a market cap of $50.10 billion, a price-to-earnings ratio of 554.59 and a beta of 1.44.

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, topping the consensus estimate of $1.28 by $0.02. MetLife had a net margin of 0.30% and a return on equity of 8.51%. The business had revenue of $17.39 billion for the quarter, compared to analyst estimates of $17.11 billion. During the same period in the prior year, the company posted $0.83 EPS. The company’s revenue for the quarter was up 2.5% on a year-over-year basis. Analysts predict that MetLife, Inc. will post $4.85 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 13th. Stockholders of record on Monday, August 7th will be paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 3.39%. The ex-dividend date of this dividend is Thursday, August 3rd. MetLife’s payout ratio is currently 1,777.98%.

Institutional investors have recently modified their holdings of the stock. Signature Estate & Investment Advisors LLC purchased a new position in MetLife in the 1st quarter valued at about $107,000. Farmers National Bank purchased a new position in MetLife in the 2nd quarter valued at about $118,000. First Personal Financial Services lifted its stake in MetLife by 11.5% in the 1st quarter. First Personal Financial Services now owns 2,588 shares of the financial services provider’s stock valued at $137,000 after buying an additional 266 shares in the last quarter. Westside Investment Management Inc. lifted its stake in MetLife by 583.8% in the 1st quarter. Westside Investment Management Inc. now owns 2,694 shares of the financial services provider’s stock valued at $140,000 after buying an additional 2,300 shares in the last quarter. Finally, Parallel Advisors LLC lifted its stake in MetLife by 50.7% in the 1st quarter. Parallel Advisors LLC now owns 2,748 shares of the financial services provider’s stock valued at $143,000 after buying an additional 924 shares in the last quarter. 74.24% of the stock is currently owned by hedge funds and other institutional investors.

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MetLife Company Profile

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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