Vision Financial Markets LLC Takes Position in MetLife, Inc. (NYSE:MET)

Vision Financial Markets LLC acquired a new stake in MetLife, Inc. (NYSE:MET - Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 10,131 shares of the financial services provider's stock, valued at approximately $830,000. MetLife comprises about 0.9% of Vision Financial Markets LLC's investment portfolio, making the stock its 22nd biggest position.

Other institutional investors also recently modified their holdings of the company. MeadowBrook Investment Advisors LLC boosted its stake in shares of MetLife by 244.4% in the 3rd quarter. MeadowBrook Investment Advisors LLC now owns 310 shares of the financial services provider's stock valued at $26,000 after purchasing an additional 220 shares during the last quarter. Peterson Financial Group Inc. bought a new position in MetLife during the third quarter worth $30,000. Sierra Ocean LLC bought a new position in MetLife during the fourth quarter worth $32,000. Retirement Wealth Solutions LLC bought a new position in MetLife during the fourth quarter worth $32,000. Finally, Coastline Trust Co bought a new position in MetLife during the third quarter worth $35,000. 94.99% of the stock is owned by institutional investors.

MetLife Stock Performance

Shares of MET stock opened at $83.17 on Thursday. The firm has a 50-day moving average of $83.74 and a 200-day moving average of $82.15. The company has a market cap of $56.66 billion, a P/E ratio of 13.93, a P/E/G ratio of 0.65 and a beta of 1.04. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.16 and a quick ratio of 0.16. MetLife, Inc. has a one year low of $67.30 and a one year high of $89.05.

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 (EPS) for the quarter, missing analysts' consensus estimates 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 forecast that MetLife, Inc. will post 9.65 EPS for the current fiscal year.

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 issued a dividend of $0.545 per share. The ex-dividend date of this dividend is Tuesday, February 4th. This represents a $2.18 dividend on an annualized basis and a yield of 2.62%. MetLife's dividend payout ratio (DPR) is presently 36.52%.

Analyst Ratings Changes

MET has been the topic of several research analyst reports. Morgan Stanley increased their target price on shares of MetLife from $101.00 to $109.00 and gave the stock an "overweight" rating in a research note on Friday, February 28th. BMO Capital Markets initiated coverage on shares of MetLife in a research note on Thursday, January 23rd. They set a "market perform" rating and a $97.00 target price on the stock. 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 note on Wednesday, February 12th. Wells Fargo & Company upped their price objective on shares of MetLife from $92.00 to $97.00 and gave the stock an "overweight" rating in a report on Wednesday, February 19th. Finally, JPMorgan Chase & Co. upped their price objective on shares of MetLife from $86.00 to $88.00 and gave the stock 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 assigned a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $94.58.

MetLife Company 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.

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