Fort Washington Investment Advisors Inc. OH held its position in shares of MetLife, Inc. (NYSE:MET) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 210,794 shares of the financial services provider’s stock at the end of the second quarter. Fort Washington Investment Advisors Inc. OH’s holdings in MetLife were worth $11,581,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also bought and sold shares of the company. Bronfman E.L. Rothschild L.P. boosted its stake in shares of MetLife by 0.7% during the second quarter. Bronfman E.L. Rothschild L.P. now owns 5,505 shares of the financial services provider’s stock worth $302,000 after buying an additional 38 shares during the period. Forward Management LLC boosted its stake in shares of MetLife by 0.4% during the second quarter. Forward Management LLC now owns 9,661 shares of the financial services provider’s stock worth $531,000 after buying an additional 41 shares during the period. Peoples Bank OH boosted its stake in shares of MetLife by 0.5% during the first quarter. Peoples Bank OH now owns 10,529 shares of the financial services provider’s stock worth $556,000 after buying an additional 50 shares during the period. Atria Investments LLC boosted its stake in shares of MetLife by 0.4% during the second quarter. Atria Investments LLC now owns 18,986 shares of the financial services provider’s stock worth $1,043,000 after buying an additional 72 shares during the period. Finally, Apriem Advisors boosted its stake in shares of MetLife by 0.6% during the second quarter. Apriem Advisors now owns 13,060 shares of the financial services provider’s stock worth $718,000 after buying an additional 74 shares during the period. 74.27% of the stock is currently owned by hedge funds and other institutional investors.

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Several brokerages have recently weighed in on MET. Citigroup Inc. set a $51.00 target price on shares of MetLife and gave the stock a “sell” rating in a research note on Friday, July 7th. Wells Fargo & Company reiterated an “outperform” rating and set a $63.00 target price (up previously from $61.00) on shares of MetLife in a research note on Wednesday, July 12th. Royal Bank Of Canada reiterated a “buy” rating and set a $62.00 target price on shares of MetLife in a research note on Wednesday, July 12th. Keefe, Bruyette & Woods restated a “buy” rating and issued a $59.00 price objective on shares of MetLife in a research report on Thursday, August 3rd. Finally, TheStreet upgraded shares of MetLife from a “c” rating to a “b-” rating in a research report on Monday, July 24th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and ten have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $57.95.

Shares of MetLife, Inc. (MET) opened at 50.54 on Monday. MetLife, Inc. has a 1-year low of $38.17 and a 1-year high of $51.77. The firm has a 50-day moving average of $47.80 and a 200 day moving average of $47.30. The stock has a market capitalization of $53.72 billion, a PE ratio of 594.59 and a beta of 1.44.

MetLife (NYSE:MET) last released its earnings results on Wednesday, August 2nd. The financial services provider reported $1.30 EPS for the quarter, beating the consensus estimate of $1.28 by $0.02. The business had revenue of $17.39 billion during the quarter, compared to analyst estimates of $17.11 billion. MetLife had a net margin of 0.30% and a return on equity of 8.51%. The business’s quarterly revenue was up 2.5% on a year-over-year basis. During the same period in the prior year, the business earned $0.83 earnings per share. On average, equities analysts anticipate that MetLife, Inc. will post $4.77 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 13th. Investors of record on Monday, August 7th were given a $0.40 dividend. The ex-dividend date of this dividend was Thursday, August 3rd. This represents a $1.60 annualized dividend and a dividend yield of 3.17%. MetLife’s dividend payout ratio (DPR) is presently 1,777.98%.

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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