Asset Management One Co. Ltd. Has $19.61 Million Position in MetLife, Inc. (NYSE:MET)

Asset Management One Co. Ltd. decreased its holdings in MetLife, Inc. (NYSE:MET - Free Report) by 8.1% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 238,394 shares of the financial services provider's stock after selling 21,067 shares during the quarter. Asset Management One Co. Ltd.'s holdings in MetLife were worth $19,608,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in MetLife by 1.5% during the third 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 worth $375,179,000 after buying an additional 68,579 shares during the period. Nordea Investment Management AB raised its position in 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 last quarter. Swedbank AB grew its holdings in MetLife by 76.0% in the 4th quarter. Swedbank AB now owns 3,466,808 shares of the financial services provider's stock valued at $283,862,000 after buying an additional 1,496,645 shares during the period. Jennison Associates LLC increased its stake in shares of MetLife by 3.6% during the 4th quarter. Jennison Associates LLC now owns 3,274,258 shares of the financial services provider's stock valued at $268,096,000 after acquiring an additional 114,166 shares during the last quarter. Finally, Stifel Financial Corp lifted its holdings in shares of MetLife by 5.0% during the 3rd quarter. Stifel Financial Corp now owns 2,239,841 shares of the financial services provider's stock worth $184,744,000 after acquiring an additional 105,762 shares during the period. Institutional investors and hedge funds own 94.99% of the company's stock.

MetLife Stock Performance

MET stock traded up $0.65 during mid-day trading on Wednesday, reaching $83.08. The company had a trading volume of 2,646,705 shares, compared to its average volume of 3,643,779. The stock has a market capitalization of $57.53 billion, a P/E ratio of 13.92, a P/E/G ratio of 0.64 and a beta of 1.07. The stock's 50-day simple moving average is $83.41 and its two-hundred day simple moving average is $81.23. MetLife, Inc. has a one year low of $67.30 and a one year high of $89.05. The company has a quick ratio of 0.16, a current ratio of 0.16 and a debt-to-equity ratio of 0.54.

MetLife (NYSE:MET - Get Free Report) last issued its quarterly earnings results on Wednesday, February 5th. The financial services provider reported $2.08 EPS for the quarter, missing analysts' consensus estimates of $2.13 by ($0.05). MetLife had a net margin of 6.19% and a return on equity of 20.42%. Research analysts anticipate that MetLife, Inc. will post 9.66 EPS for the current year.

MetLife Dividend Announcement

The business also recently declared 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. The ex-dividend date is Tuesday, February 4th. This represents a $2.18 dividend on an annualized basis and a dividend yield of 2.62%. MetLife's dividend payout ratio (DPR) is 36.52%.

Analyst Ratings Changes

Several equities analysts recently commented on MET shares. Keefe, Bruyette & Woods dropped their price target on shares of MetLife from $100.00 to $98.00 and set an "outperform" rating for the company in a research report on Wednesday, February 12th. Wells Fargo & Company upped their price target on MetLife from $92.00 to $97.00 and gave the stock an "overweight" rating in a research note on Wednesday. Barclays reduced their price objective on MetLife from $96.00 to $95.00 and set an "overweight" rating on the stock in a research note on Friday, February 7th. StockNews.com lowered shares of MetLife from a "buy" rating to a "hold" rating in a report on Thursday, January 9th. Finally, JPMorgan Chase & Co. increased their price target on MetLife from $86.00 to $88.00 and gave the company an "overweight" rating in a report on Tuesday, January 7th. Two equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $92.58.

MetLife Profile

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.