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Mn Services Vermogensbeheer B.V. Has $20.25 Million Stock Position in MetLife, Inc. (NYSE:MET)

MetLife logo with Finance background

Mn Services Vermogensbeheer B.V. lifted its position in shares of MetLife, Inc. (NYSE:MET - Free Report) by 2.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 247,300 shares of the financial services provider's stock after acquiring an additional 4,800 shares during the period. Mn Services Vermogensbeheer B.V.'s holdings in MetLife were worth $20,249,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Bank of New York Mellon Corp lifted its position in shares of MetLife by 109.2% during the 4th quarter. Bank of New York Mellon Corp now owns 8,826,658 shares of the financial services provider's stock worth $722,727,000 after buying an additional 4,606,748 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of MetLife by 1.5% in 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 acquiring an additional 68,579 shares during the last quarter. Nordea Investment Management AB boosted its stake in shares of MetLife by 16.8% in the 4th quarter. Nordea Investment Management AB now owns 4,238,087 shares of the financial services provider's stock valued at $347,735,000 after purchasing an additional 608,224 shares in the last quarter. Swedbank AB boosted its stake in shares of 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 purchasing an additional 1,496,645 shares in the last quarter. Finally, Jennison Associates LLC increased its position in MetLife by 3.6% during the 4th quarter. Jennison Associates LLC now owns 3,274,258 shares of the financial services provider's stock worth $268,096,000 after purchasing an additional 114,166 shares in the last quarter. 94.99% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

MET has been the topic of a number of research analyst reports. Keefe, Bruyette & Woods cut their target price on shares of MetLife from $100.00 to $98.00 and set an "outperform" rating on the stock in a research report on Wednesday, February 12th. Wells Fargo & Company raised their price objective on MetLife from $92.00 to $97.00 and gave the company an "overweight" rating in a report on Wednesday, February 19th. BMO Capital Markets started coverage on MetLife in a report on Thursday, January 23rd. They issued a "market perform" rating and a $97.00 target price for the company. StockNews.com downgraded MetLife from a "buy" rating to a "hold" rating in a research report on Thursday, January 9th. Finally, JPMorgan Chase & Co. boosted their price target on MetLife from $86.00 to $88.00 and gave the stock an "overweight" rating in a report on Tuesday, January 7th. Two analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. Based on data from MarketBeat, MetLife has an average rating of "Moderate Buy" and an average target price of $94.58.

Read Our Latest Report on MetLife

MetLife Trading Down 0.7 %

NYSE:MET traded down $0.58 on Monday, reaching $85.60. 3,102,894 shares of the stock traded hands, compared to its average volume of 3,567,159. The firm has a market capitalization of $58.31 billion, a price-to-earnings ratio of 14.34, a price-to-earnings-growth ratio of 0.65 and a beta of 1.07. MetLife, Inc. has a 1-year low of $67.30 and a 1-year high of $89.05. The company has a current ratio of 0.16, a quick ratio of 0.16 and a debt-to-equity ratio of 0.54. The company's 50 day moving average is $83.65 and its 200-day moving average is $81.99.

MetLife (NYSE:MET - Get Free Report) last posted its quarterly earnings data on Wednesday, February 5th. The financial services provider reported $2.08 earnings per share for the quarter, missing the consensus estimate of $2.13 by ($0.05). MetLife had a return on equity of 20.42% and a net margin of 6.19%. Equities research analysts anticipate that MetLife, Inc. will post 9.65 EPS for the current fiscal year.

MetLife Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 11th. Stockholders of record on Tuesday, February 4th will be paid a $0.545 dividend. This represents a $2.18 dividend on an annualized basis and a dividend yield of 2.55%. The ex-dividend date of this dividend is Tuesday, February 4th. MetLife's dividend payout ratio is 36.52%.

About MetLife

(Free Report)

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.

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Institutional Ownership by Quarter for MetLife (NYSE:MET)

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