Tudor Investment Corp ET AL lowered its position in MetLife, Inc. (NYSE:MET) by 62.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 4,901 shares of the financial services provider’s stock after selling 8,096 shares during the quarter. Tudor Investment Corp ET AL’s holdings in MetLife were worth $269,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Westside Investment Management Inc. increased its holdings in shares of MetLife by 583.8% in the first quarter. Westside Investment Management Inc. now owns 2,694 shares of the financial services provider’s stock worth $140,000 after purchasing an additional 2,300 shares during the period. Parallel Advisors LLC increased its holdings in shares of MetLife by 50.7% in the first quarter. Parallel Advisors LLC now owns 2,748 shares of the financial services provider’s stock worth $143,000 after purchasing an additional 924 shares during the period. First Mercantile Trust Co. increased its holdings in shares of MetLife by 3.4% in the second quarter. First Mercantile Trust Co. now owns 2,926 shares of the financial services provider’s stock worth $161,000 after purchasing an additional 97 shares during the period. Carroll Financial Associates Inc. increased its holdings in shares of MetLife by 5.8% in the second quarter. Carroll Financial Associates Inc. now owns 3,013 shares of the financial services provider’s stock worth $165,000 after purchasing an additional 166 shares during the period. Finally, Rational Advisors LLC increased its holdings in shares of MetLife by 14.3% in the first quarter. Rational Advisors LLC now owns 3,325 shares of the financial services provider’s stock worth $176,000 after purchasing an additional 415 shares during the period. 74.22% of the stock is currently owned by hedge funds and other institutional investors.

Shares of MetLife, Inc. (NYSE:MET) opened at 52.72 on Monday. MetLife, Inc. has a 52-week low of $40.30 and a 52-week high of $53.30. The firm’s 50-day moving average is $50.03 and its 200 day moving average is $47.91. The stock has a market capitalization of $56.03 billion, a price-to-earnings ratio of 620.24 and a beta of 1.47.

MetLife (NYSE:MET) last posted its earnings results on Wednesday, August 2nd. The financial services provider reported $1.30 earnings per share for the quarter, topping analysts’ consensus estimates of $1.28 by $0.02. MetLife had a net margin of 0.30% and a return on equity of 8.51%. The firm had revenue of $17.39 billion for the quarter, compared to the consensus estimate of $17.11 billion. During the same period in the previous year, the firm posted $0.83 EPS. The business’s quarterly revenue was up 2.5% on a year-over-year basis. Equities analysts expect that MetLife, Inc. will post $4.62 EPS for the current year.

Several research firms have recently weighed in on MET. Wells Fargo & Company reaffirmed a “buy” rating on shares of MetLife in a report on Saturday, July 1st. Langen Mcalenn reissued a “buy” rating on shares of MetLife in a research note on Wednesday, August 16th. J P Morgan Chase & Co started coverage on MetLife in a research note on Monday, July 24th. They issued a “hold” rating and a $78.00 target price on the stock. Royal Bank Of Canada reissued a “buy” rating and issued a $62.00 target price on shares of MetLife in a research note on Wednesday, July 12th. Finally, Keefe, Bruyette & Woods reissued a “buy” rating and issued a $59.00 target price on shares of MetLife in a research note on Thursday, August 3rd. One research analyst has rated the stock with a sell rating, nine have given a hold rating and nine have given a buy rating to the company. MetLife presently has a consensus rating of “Hold” and an average target price of $57.38.

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MetLife 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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Institutional Ownership by Quarter for MetLife (NYSE:MET)

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