Rothschild Investment LLC Has $5.86 Million Stock Holdings in MetLife, Inc. (NYSE:MET)

Rothschild Investment LLC lifted its stake in shares of MetLife, Inc. (NYSE:MET) by 1.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 71,535 shares of the financial services provider’s stock after purchasing an additional 696 shares during the period. Rothschild Investment LLC’s holdings in MetLife were worth $5,857,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. MeadowBrook Investment Advisors LLC raised its position in MetLife by 244.4% during the third quarter. MeadowBrook Investment Advisors LLC now owns 310 shares of the financial services provider’s stock valued at $26,000 after buying an additional 220 shares during the period. Carmichael Hill & Associates Inc. raised its position in MetLife by 131.9% during the third quarter. Carmichael Hill & Associates Inc. now owns 327 shares of the financial services provider’s stock valued at $27,000 after buying an additional 186 shares during the period. Peterson Financial Group Inc. acquired a new position in MetLife during the third quarter valued at $30,000. Retirement Wealth Solutions LLC acquired a new position in MetLife during the fourth quarter valued at $32,000. Finally, Sierra Ocean LLC acquired a new position in MetLife during the fourth quarter valued at $32,000. 94.99% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages have commented on MET. JPMorgan Chase & Co. boosted their target price on MetLife from $86.00 to $88.00 and gave the company an “overweight” rating in a research note on Tuesday, January 7th. Wells Fargo & Company upped their price target on MetLife from $92.00 to $97.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 19th. Barclays decreased their price target on MetLife from $96.00 to $95.00 and set an “overweight” rating for the company in a research note on Friday, February 7th. TD Cowen upped their price target on MetLife from $97.00 to $99.00 and gave the stock a “buy” rating in a research note on Wednesday, November 27th. Finally, StockNews.com downgraded MetLife from a “buy” rating to a “hold” rating in a research note on Thursday, January 9th. Two investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $92.58.

MetLife Trading Down 2.1 %

Shares of MET opened at $81.02 on Monday. MetLife, Inc. has a 1 year low of $67.30 and a 1 year high of $89.05. The company has a current ratio of 0.16, a quick ratio of 0.16 and a debt-to-equity ratio of 0.54. The stock has a 50 day simple moving average of $83.41 and a 200-day simple moving average of $81.53. The stock has a market cap of $56.10 billion, a PE ratio of 13.57, a PEG ratio of 0.65 and a beta of 1.07.

MetLife (NYSE:MET) last issued its earnings results 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%. On average, sell-side analysts predict that MetLife, Inc. will post 9.65 EPS for the current fiscal year.

MetLife Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 11th. Investors of record on Tuesday, February 4th will be given 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 2.69%. MetLife’s dividend payout ratio (DPR) is presently 36.52%.

MetLife 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.