Y.D. More Investments Ltd Has $59,000 Stock Holdings in MetLife, Inc. (NYSE:MET)

Y.D. More Investments Ltd grew its position in MetLife, Inc. (NYSE:MET) by 109.9% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 718 shares of the financial services provider’s stock after buying an additional 376 shares during the period. Y.D. More Investments Ltd’s holdings in MetLife were worth $59,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in MET. PFG Investments LLC increased its position in MetLife by 8.9% in the third quarter. PFG Investments LLC now owns 6,360 shares of the financial services provider’s stock worth $525,000 after purchasing an additional 520 shares during the period. CX Institutional boosted its stake in shares of MetLife by 15.9% in the 4th quarter. CX Institutional now owns 68,005 shares of the financial services provider’s stock valued at $5,568,000 after purchasing an additional 9,337 shares during the last quarter. B. Metzler seel. Sohn & Co. Holding AG acquired a new stake in MetLife during the 3rd quarter worth $2,960,000. Segall Bryant & Hamill LLC bought a new stake in MetLife in the third quarter valued at about $1,074,000. Finally, Meeder Asset Management Inc. increased its stake in shares of MetLife by 48,101.4% in the 3rd quarter. Meeder Asset Management Inc. now owns 106,043 shares of the financial services provider’s stock valued at $8,746,000 after acquiring an additional 105,823 shares during the last quarter. Institutional investors own 94.99% of the company’s stock.

Analysts Set New Price Targets

Several research firms have weighed in on MET. JPMorgan Chase & Co. lifted their target price on MetLife from $86.00 to $88.00 and gave the stock an “overweight” rating in a report on Tuesday, January 7th. Barclays increased their target price on shares of MetLife from $90.00 to $96.00 and gave the stock an “overweight” rating in a report on Monday, January 6th. TD Cowen boosted their price target on MetLife from $97.00 to $99.00 and gave the stock a “buy” rating in a research report on Wednesday, November 27th. StockNews.com lowered shares of MetLife from a “buy” rating to a “hold” rating in a research note on Thursday, January 9th. Finally, Wells Fargo & Company cut their price target on MetLife from $93.00 to $92.00 and set an “overweight” rating for the company in a report on Tuesday, January 14th. Two investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $91.17.

MetLife Price Performance

MetLife stock opened at $84.92 on Thursday. The stock’s fifty day moving average price is $83.96 and its two-hundred day moving average price is $80.68. The firm has a market cap of $58.80 billion, a PE ratio of 17.12, a price-to-earnings-growth ratio of 0.66 and a beta of 1.07. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.16 and a quick ratio of 0.16. MetLife, Inc. has a one year low of $65.65 and a one year high of $89.05.

MetLife (NYSE:MET) last posted its quarterly earnings results on Wednesday, February 5th. The financial services provider reported $2.08 EPS for the quarter, missing analysts’ consensus estimates of $2.13 by ($0.05). MetLife had a net margin of 5.27% and a return on equity of 20.01%. As a group, research analysts expect that MetLife, Inc. will post 8.18 EPS for the current fiscal year.

MetLife Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 11th. Stockholders of record on Tuesday, February 4th will be issued a dividend of $0.545 per share. This represents a $2.18 dividend on an annualized basis and a dividend yield of 2.57%. The ex-dividend date of this dividend is Tuesday, February 4th. MetLife’s dividend payout ratio (DPR) is presently 43.95%.

About MetLife

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.