Traders sold shares of MetLife, Inc. (NYSE:MET) on strength during trading hours on Thursday. $29.83 million flowed into the stock on the tick-up and $113.61 million flowed out of the stock on the tick-down, for a money net flow of $83.78 million out of the stock. Of all companies tracked, MetLife had the 0th highest net out-flow for the day. MetLife traded up $0.13 for the day and closed at $53.68

MET has been the topic of a number of recent research reports. BidaskClub raised MetLife from a “sell” rating to a “hold” rating in a report on Wednesday, August 9th. Zacks Investment Research downgraded MetLife from a “hold” rating to a “sell” rating in a report on Wednesday, August 9th. ValuEngine raised MetLife from a “buy” rating to a “strong-buy” rating in a report on Tuesday, September 26th. Argus lowered their target price on MetLife from $60.00 to $55.00 and set a “buy” rating on the stock in a report on Wednesday, August 9th. Finally, Langen Mcalenn reissued a “buy” rating on shares of MetLife in a report on Wednesday, August 16th. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company. The company has an average rating of “Buy” and an average price target of $58.40.

The company has a quick ratio of 0.16, a current ratio of 0.16 and a debt-to-equity ratio of 0.31. The firm has a market cap of $56,524.24, a P/E ratio of 10.33, a P/E/G ratio of 1.35 and a beta of 1.49.

MetLife (NYSE:MET) last posted its quarterly earnings data on Wednesday, November 1st. The financial services provider reported $1.09 EPS for the quarter, topping the consensus estimate of $0.90 by $0.19. MetLife had a positive return on equity of 8.81% and a negative net margin of 0.75%. The firm had revenue of $16.10 billion for the quarter, compared to the consensus estimate of $15.47 billion. During the same quarter last year, the company earned $1.28 earnings per share. The business’s revenue for the quarter was up 1.7% compared to the same quarter last year. equities analysts forecast that MetLife, Inc. will post 4.43 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 13th. Stockholders of record on Monday, November 6th will be paid a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 2.98%. The ex-dividend date is Friday, November 3rd. MetLife’s dividend payout ratio (DPR) is currently -320.00%.

In other news, insider Christopher G. Townsend sold 55,712 shares of the firm’s stock in a transaction dated Monday, November 6th. The stock was sold at an average price of $54.29, for a total value of $3,024,604.48. Following the transaction, the insider now owns 25,181 shares of the company’s stock, valued at $1,367,076.49. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Christopher G. Townsend sold 82,731 shares of the firm’s stock in a transaction dated Friday, November 3rd. The stock was sold at an average price of $54.60, for a total value of $4,517,112.60. Following the completion of the transaction, the insider now directly owns 49,660 shares in the company, valued at approximately $2,711,436. The disclosure for this sale can be found here. 0.32% of the stock is owned by company insiders.

Several large investors have recently added to or reduced their stakes in the stock. BlackRock Inc. grew its position in shares of MetLife by 2.2% during the second quarter. BlackRock Inc. now owns 69,957,359 shares of the financial services provider’s stock worth $3,843,457,000 after purchasing an additional 1,481,489 shares in the last quarter. Vanguard Group Inc. grew its position in shares of MetLife by 2.1% during the second quarter. Vanguard Group Inc. now owns 66,723,143 shares of the financial services provider’s stock worth $3,665,769,000 after purchasing an additional 1,358,523 shares in the last quarter. Franklin Resources Inc. grew its position in shares of MetLife by 1.6% during the second quarter. Franklin Resources Inc. now owns 25,704,204 shares of the financial services provider’s stock worth $1,412,189,000 after purchasing an additional 414,032 shares in the last quarter. Epoch Investment Partners Inc. grew its position in shares of MetLife by 208.5% during the third quarter. Epoch Investment Partners Inc. now owns 10,291,110 shares of the financial services provider’s stock worth $534,623,000 after purchasing an additional 6,954,917 shares in the last quarter. Finally, Diamond Hill Capital Management Inc. grew its position in shares of MetLife by 2.8% during the second quarter. Diamond Hill Capital Management Inc. now owns 7,033,812 shares of the financial services provider’s stock worth $386,438,000 after purchasing an additional 194,883 shares in the last quarter. Hedge funds and other institutional investors own 76.37% of the company’s stock.

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About MetLife

MetLife, Inc is a provider of life insurance, annuities, employee benefits and asset management. The Company’s segments include U.S.; Asia; Latin America; Europe, the Middle East and Africa (EMEA); MetLife Holdings, and Corporate & Other. Its U.S. segment is organized into Group Benefits, Retirement and Income Solutions and Property & Casualty businesses.

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