(NYSE:MET). North Star Investment Management stated it has 0.1% of its portfolio in MetLife, Inc. (NYSE:MET) by 21.7% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 14,257 shares of the financial services provider's stock after selling 2,694 shares during the quarter.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 13th. Franklin Resources Inc. now owns 25,704,204 shares of the financial services provider's stock worth $1,412,189,000 after buying an additional 414,032 shares during the last quarter. SPF Beheer BV grew its stake in shares of MetLife by 18.0% during the third quarter.
Beach Investment Counsel Inc increased Metlife (MET) stake by 32.38% reported in 2017Q2 SEC filing. Nuance Investments LLC now owns 668,886 shares of the financial services provider's stock valued at $34,749,000 after acquiring an additional 353,627 shares during the period. (NYSE:MET). Cadence Capital Mgmt Lc reported 0.53% in MetLife, Inc. Diamond Hill Capital Management Inc. now owns 7,033,812 shares of the financial services provider's stock worth $386,438,000 after buying an additional 194,883 shares during the last quarter. Pacer Advisors Inc. now owns 23,586 shares of the financial services provider's stock valued at $1,225,000 after acquiring an additional 2,208 shares during the period. Following the completion of the transaction, the insider now directly owns 49,660 shares of the company's stock, valued at $2,711,436. Also, insider Christopher G. Townsend sold 55,712 shares of MetLife stock in a transaction on Monday, November 6th. MetLife has an average rating of "Buy" and an average target price of $58.40. Following the completion of the transaction, the insider now directly owns 25,181 shares in the company, valued at approximately $1,367,076.49. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.
In other MetLife news, insider Christopher G. Townsend sold 82,731 shares of the stock in a transaction that occurred on Friday, November 3rd. The stock was sold at an average price of $54.60, for a total value of $4,517,112.60. The disclosure for this sale can be found here. RBC Capital Markets maintained the shares of MET in report on Tuesday, September 5 with "Buy" rating. (MET) opened at $53.62 on Friday. MetLife has a 52-week low of $44.26 and a 52-week high of $55.91. MetLife, Inc. The firm has a market cap of $55,813.94, a PE ratio of 10.20, a P/E/G ratio of 1.33 and a beta of 1.49. The company has a current ratio of 0.16, a quick ratio of 0.16 and a debt-to-equity ratio of 0.31.
MetLife (NYSE:MET) last issued its earnings results on Wednesday, November 1st. The financial services provider reported $1.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.90 by $0.19. The business had revenue of $16.10 billion for the quarter, compared to analyst estimates of $15.47 billion. MetLife had a negative net margin of 0.75% and a positive return on equity of 8.81%. MetLife's revenue was up 1.7% on a year-over-year basis. After $1.96 actual EPS reported by L3 Technologies, Inc. for the previous quarter, Wall Street now forecasts 22.45% EPS growth. Investors of record on Monday, November 6th will be paid a $0.40 dividend. On Friday, November 3 the stock rating was maintained by RBC Capital Markets with "Buy". This represents a $1.60 dividend on an annualized basis and a yield of 3.16%. MetLife's dividend payout ratio is now -320.00%. Citigroup initiated the shares of MET in report on Thursday, January 26 with "Sell" rating. (NYSE:MET) rating on Wednesday, August 9. Sandler O'Neill upgraded the stock to "Buy" rating in Monday, June 27 report. Royal Bank Of Canada reissued an "outperform" rating and issued a $60.00 target price (up from $56.00) on shares of MetLife in a research note on Friday, November 3rd. TheStreet raised MetLife from a "c+" rating to a "b" rating in a research note on Wednesday, October 4th. Credit Suisse Group reaffirmed a "neutral" rating and set a $53.00 price target (down previously from $64.00) on shares of MetLife in a research report on Monday, August 28th.
Among 15 analysts covering MetLife (NYSE:MET), 8 have Buy rating, 1 Sell and 6 Hold. Mutual of America Capital Management LLC raised its stake in shares of Metlife by 6.9% in the third quarter. "(NYSE:MET)" was originally posted by The Lincolnian Online and is the sole property of of The Lincolnian Online. If you are accessing this news story on another publication, it was illegally copied and republished in violation of United States and global trademark and copyright laws. Boston Common Asset Mngmt Limited Liability Co reported 0.19% of its portfolio in MetLife, Inc.