Rothschild Investment Corp Has Decreased Its Metlife INC Com (MET) Stake by $6.43 Million

September 16, 2018 - By Tamara Reed

MetLife, Inc. (NYSE:MET) LogoInvestors sentiment increased to 0.89 in Q2 2018. Its up 0.17, from 0.72 in 2018Q1. It improved, as 48 investors sold MET shares while 328 reduced holdings. 85 funds opened positions while 249 raised stakes. 751.98 million shares or 1.88% less from 766.37 million shares in 2018Q1 were reported. 38,933 were accumulated by Reliance Trust Of Delaware. Oarsman stated it has 0.62% of its portfolio in MetLife, Inc. (NYSE:MET). Wells Fargo And Com Mn invested in 0.07% or 5.69 million shares. Oakbrook Invests Ltd Llc holds 0.2% in MetLife, Inc. (NYSE:MET) or 71,800 shares. Moreover, Matrix Asset Advsr Inc New York has 3.03% invested in MetLife, Inc. (NYSE:MET) for 420,463 shares. Clearbridge Limited Liability Company invested in 1.10M shares or 0.8% of the stock. New Jersey Better Educational Savings Trust reported 10,000 shares. Cumberland Ptnrs Ltd invested in 1.08% or 245,510 shares. Moreover, Duncker Streett & Inc has 0.11% invested in MetLife, Inc. (NYSE:MET). Kbc Gp Nv reported 0.34% of its portfolio in MetLife, Inc. (NYSE:MET). Dimensional Fund Advsr LP invested in 5.48M shares. Fdx Advisors Inc reported 44,541 shares. Commonwealth Of Pennsylvania School Empls Retrmt Systems owns 106,412 shares for 0.06% of their portfolio. State Of Wisconsin Invest Board holds 0.14% or 1.12 million shares in its portfolio. Conning reported 0.1% in MetLife, Inc. (NYSE:MET).

Rothschild Investment Corp decreased its stake in Metlife Inc Com (MET) by 65.32% based on its latest 2018Q2 regulatory filing with the SEC. Rothschild Investment Corp sold 149,498 shares as the company’s stock declined 4.45% while stock markets rallied. The institutional investor held 79,361 shares of the finance company at the end of 2018Q2, valued at $3.46M, down from 228,859 at the end of the previous reported quarter. Rothschild Investment Corp who had been investing in Metlife Inc Com for a number of months, seems to be less bullish one the $46.29B market cap company. The stock increased 2.22% or $1.01 during the last trading session, reaching $46.53. About 4.58M shares traded. MetLife, Inc. (NYSE:MET) has declined 7.40% since September 16, 2017 and is downtrending. It has underperformed by 23.02% the S&P500.

Analysts await MetLife, Inc. (NYSE:MET) to report earnings on November, 7. They expect $1.27 earnings per share, up 16.51 % or $0.18 from last year’s $1.09 per share. MET’s profit will be $1.26 billion for 9.16 P/E if the $1.27 EPS becomes a reality. After $1.30 actual earnings per share reported by MetLife, Inc. for the previous quarter, Wall Street now forecasts -2.31 % negative EPS growth.

MetLife, Inc. (NYSE:MET) Ratings Coverage

Among 10 analysts covering MetLife (NYSE:MET), 4 have Buy rating, 0 Sell and 6 Hold. Therefore 40% are positive. MetLife had 12 analyst reports since March 26, 2018 according to SRatingsIntel. Bank of America initiated MetLife, Inc. (NYSE:MET) on Monday, March 26 with “Hold” rating. The firm has “Hold” rating by Sandler O’Neill given on Thursday, April 5. The rating was maintained by FBR Capital on Monday, July 16 with “Neutral”. Credit Suisse maintained the shares of MET in report on Friday, August 17 with “Outperform” rating. The rating was maintained by Barclays Capital with “Overweight” on Monday, July 9. On Thursday, April 5 the stock rating was maintained by Morgan Stanley with “Equal-Weight”. The firm earned “Neutral” rating on Monday, June 4 by Goldman Sachs. As per Friday, May 4, the company rating was maintained by Deutsche Bank. Morgan Stanley maintained MetLife, Inc. (NYSE:MET) rating on Wednesday, July 11. Morgan Stanley has “Equal-Weight” rating and $52 target. The stock of MetLife, Inc. (NYSE:MET) earned “Buy” rating by Keefe Bruyette & Woods on Wednesday, April 11.

MetLife, Inc. (NYSE:MET) Institutional Positions Chart

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