CHURCHILL MANAGEMENT Corp increased its position in Metlife Inc (NYSE:MET) by 35.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 28,309 shares of the financial services provider’s stock after buying an additional 7,470 shares during the quarter. CHURCHILL MANAGEMENT Corp’s holdings in Metlife were worth $1,431,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Farmers National Bank purchased a new stake in shares of Metlife during the second quarter valued at $118,000. Ffcm LLC lifted its holdings in shares of Metlife by 2,020.8% during the third quarter. Ffcm LLC now owns 2,248 shares of the financial services provider’s stock valued at $119,000 after purchasing an additional 2,142 shares during the last quarter. Cable Hill Partners LLC lifted its holdings in shares of Metlife by 246.6% during the third quarter. Cable Hill Partners LLC now owns 2,412 shares of the financial services provider’s stock valued at $125,000 after purchasing an additional 1,716 shares during the last quarter. Valeo Financial Advisors LLC purchased a new stake in shares of Metlife during the third quarter valued at $151,000. Finally, Fieldpoint Private Securities LLC purchased a new stake in shares of Metlife during the third quarter valued at $175,000. Institutional investors and hedge funds own 76.24% of the company’s stock.

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

MET has been the subject of several analyst reports. Royal Bank of Canada reaffirmed an “outperform” rating and set a $60.00 target price (up from $56.00) on shares of Metlife in a report on Friday, November 3rd. Zacks Investment Research downgraded Metlife from a “buy” rating to a “hold” rating in a report on Monday, December 18th. Morgan Stanley upped their target price on Metlife from $54.00 to $55.00 and gave the company an “equal weight” rating in a report on Thursday, October 5th. Sandler O’Neill downgraded Metlife from a “buy” rating to a “hold” rating in a report on Friday, November 10th. Finally, Deutsche Bank initiated coverage on Metlife in a report on Tuesday, January 2nd. They set a “hold” rating and a $55.00 target price for the company. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating, eight have issued a buy rating and one has given a strong buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $57.90.

Metlife Inc (NYSE:MET) opened at $53.49 on Friday. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.16 and a quick ratio of 0.16. Metlife Inc has a 52-week low of $44.26 and a 52-week high of $55.91. The firm has a market capitalization of $56,290.00, a PE ratio of 116.28, a price-to-earnings-growth ratio of 1.20 and a beta of 1.49.

Metlife (NYSE:MET) last issued its quarterly earnings data on Wednesday, November 1st. The financial services provider reported $1.09 EPS for the quarter, beating the Zacks’ consensus estimate of $0.90 by $0.19. The business had revenue of $16.10 billion for the quarter, compared to analyst estimates of $15.47 billion. Metlife had a positive return on equity of 8.81% and a negative net margin of 0.75%. The firm’s revenue for the quarter was up 1.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.28 EPS. sell-side analysts anticipate that Metlife Inc will post 4.4 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 13th. Stockholders of record on Monday, February 5th will be issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.99%. The ex-dividend date of this dividend is Friday, February 2nd. Metlife’s dividend payout ratio is 347.83%.

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Metlife Profile

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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Institutional Ownership by Quarter for Metlife (NYSE:MET)

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