MetLife, Inc. (NYSE:MET) Shares Sold by BDF Gestion

BDF Gestion decreased its holdings in MetLife, Inc. (NYSE:MET - Free Report) by 11.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 58,117 shares of the financial services provider's stock after selling 7,548 shares during the period. BDF Gestion's holdings in MetLife were worth $4,759,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in MetLife by 1.5% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,548,725 shares of the financial services provider's stock valued at $375,179,000 after buying an additional 68,579 shares in the last quarter. Nordea Investment Management AB increased its position in shares of MetLife by 16.8% during the fourth quarter. Nordea Investment Management AB now owns 4,238,087 shares of the financial services provider's stock worth $347,735,000 after acquiring an additional 608,224 shares during the period. Swedbank AB boosted its holdings in shares of MetLife by 76.0% in the fourth quarter. Swedbank AB now owns 3,466,808 shares of the financial services provider's stock valued at $283,862,000 after purchasing an additional 1,496,645 shares during the period. Stifel Financial Corp grew its stake in MetLife by 5.0% in the third quarter. Stifel Financial Corp now owns 2,239,841 shares of the financial services provider's stock worth $184,744,000 after purchasing an additional 105,762 shares in the last quarter. Finally, FMR LLC increased its holdings in MetLife by 5.4% during the 3rd quarter. FMR LLC now owns 2,209,119 shares of the financial services provider's stock worth $182,208,000 after purchasing an additional 112,491 shares during the period. 94.99% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

MET has been the topic of a number of recent research reports. Barclays increased their price target on MetLife from $90.00 to $96.00 and gave the stock an "overweight" rating in a research report on Monday, January 6th. JPMorgan Chase & Co. raised their target price on shares of MetLife from $86.00 to $88.00 and gave the company an "overweight" rating in a research report on Tuesday, January 7th. Wells Fargo & Company lowered their price target on shares of MetLife from $93.00 to $92.00 and set an "overweight" rating for the company in a research report on Tuesday, January 14th. TD Cowen lifted their price objective on shares of MetLife from $97.00 to $99.00 and gave the company a "buy" rating in a report on Wednesday, November 27th. Finally, StockNews.com lowered MetLife from a "buy" rating to a "hold" rating in a report on Thursday, January 9th. Two equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $90.46.

MetLife Stock Down 0.5 %

NYSE:MET traded down $0.44 during mid-day trading on Friday, hitting $86.56. 2,992,769 shares of the company's stock traded hands, compared to its average volume of 3,505,678. The company has a fifty day moving average of $84.06 and a 200 day moving average of $80.39. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.16 and a current ratio of 0.16. MetLife, Inc. has a twelve month low of $64.61 and a twelve month high of $89.05. The company has a market capitalization of $59.93 billion, a P/E ratio of 17.45, a P/E/G ratio of 0.66 and a beta of 1.07.

MetLife Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 11th. Investors of record on Tuesday, February 4th will be given a $0.545 dividend. This represents a $2.18 annualized dividend and a dividend yield of 2.52%. The ex-dividend date of this dividend is Tuesday, February 4th. MetLife's payout ratio is currently 43.95%.

About MetLife

MetLife, Inc, a financial services company, provides insurance, annuities, employee benefits, and asset management services worldwide. It operates through six segments: Retirement and Income Solutions; Group Benefits; Asia; Latin America; Europe, the Middle East and Africa; and MetLife Holdings. The company offers life, dental, group short-and long-term disability, individual disability, pet insurance, accidental death and dismemberment, vision, and accident and health coverages, as well as prepaid legal plans; administrative services-only arrangements to employers; and general and separate account, and synthetic guaranteed interest contracts, as well as private floating rate funding agreements.