Rothschild Investment Corp Stake in Metlife INC Com (MET) Has Trimmed by $6.43 Million

September 16, 2018 - By Richard Slagle

MetLife, Inc. (NYSE:MET) LogoInvestors sentiment increased to 0.89 in Q2 2018. Its up 0.17, from 0.72 in 2018Q1. It improved, as 48 investors sold MET shares while 328 reduced holdings. 85 funds opened positions while 249 raised stakes. 751.98 million shares or 1.88% less from 766.37 million shares in 2018Q1 were reported. Birmingham Capital Incorporated Al accumulated 22,315 shares or 0.42% of the stock. Argentiere Ag holds 0.41% of its portfolio in MetLife, Inc. (NYSE:MET) for 24,054 shares. Dodge And Cox holds 1.62% or 46.37M shares in its portfolio. Interest Limited Ca reported 0.02% in MetLife, Inc. (NYSE:MET). Cipher Cap LP invested in 47,785 shares. Ssi Invest has 5,994 shares for 0.02% of their portfolio. Lsv Asset holds 4.10M shares or 0.28% of its portfolio. Matrix Asset Advisors Ny has invested 3.03% in MetLife, Inc. (NYSE:MET). Sumitomo Mitsui Trust Holdings holds 0.16% or 3.11 million shares in its portfolio. Prudential Financial owns 0.24% invested in MetLife, Inc. (NYSE:MET) for 3.72 million shares. Johnson Fincl Group Inc holds 0.13% or 26,511 shares. Raymond James And Associates accumulated 1.79 million shares. Valley Advisers Inc reported 1,475 shares or 0.02% of all its holdings. Focused Wealth Mngmt reported 0% stake. Peoples Financial Corp reported 0.01% stake.

Rothschild Investment Corp decreased its stake in Metlife Inc Com (MET) by 65.32% based on its latest 2018Q2 regulatory filing with the SEC. Rothschild Investment Corp sold 149,498 shares as the company’s stock declined 4.45% while stock markets rallied. The institutional investor held 79,361 shares of the finance company at the end of 2018Q2, valued at $3.46M, down from 228,859 at the end of the previous reported quarter. Rothschild Investment Corp who had been investing in Metlife Inc Com for a number of months, seems to be less bullish one the $46.29B market cap company. The stock increased 2.22% or $1.01 during the last trading session, reaching $46.53. About 4.58M shares traded. MetLife, Inc. (NYSE:MET) has declined 7.40% since September 16, 2017 and is downtrending. It has underperformed by 23.02% the S&P500.

Analysts await MetLife, Inc. (NYSE:MET) to report earnings on November, 7. They expect $1.27 EPS, up 16.51 % or $0.18 from last year’s $1.09 per share. MET’s profit will be $1.26B for 9.16 P/E if the $1.27 EPS becomes a reality. After $1.30 actual EPS reported by MetLife, Inc. for the previous quarter, Wall Street now forecasts -2.31 % negative EPS growth.

MetLife, Inc. (NYSE:MET) Ratings Coverage

Among 10 analysts covering MetLife (NYSE:MET), 4 have Buy rating, 0 Sell and 6 Hold. Therefore 40% are positive. MetLife had 12 analyst reports since March 26, 2018 according to SRatingsIntel. As per Wednesday, July 11, the company rating was maintained by Morgan Stanley. Credit Suisse maintained MetLife, Inc. (NYSE:MET) rating on Friday, August 17. Credit Suisse has “Outperform” rating and $63 target. Bank of America initiated the shares of MET in report on Monday, March 26 with “Hold” rating. On Monday, July 16 the stock rating was maintained by FBR Capital with “Neutral”. Keefe Bruyette & Woods maintained MetLife, Inc. (NYSE:MET) rating on Wednesday, April 11. Keefe Bruyette & Woods has “Buy” rating and $5500 target. Deutsche Bank maintained MetLife, Inc. (NYSE:MET) rating on Friday, May 4. Deutsche Bank has “Hold” rating and $48 target. Atlantic Securities upgraded MetLife, Inc. (NYSE:MET) on Monday, March 26 to “Overweight” rating. The rating was maintained by Barclays Capital on Monday, July 9 with “Overweight”. As per Thursday, April 5, the company rating was maintained by Morgan Stanley. The firm earned “Neutral” rating on Monday, June 4 by Goldman Sachs.

MetLife, Inc. (NYSE:MET) Institutional Positions Chart

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