Msi Financial Services Inc buys $5,126,444 stake in Metlife Inc (MET)

Metlife Inc (MET) : Msi Financial Services Inc scooped up 8,073 additional shares in Metlife Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 13, 2016. The investment management firm now holds a total of 109,821 shares of Metlife Inc which is valued at $5,126,444.Metlife Inc makes up approximately 0.18% of Msi Financial Services Inc’s portfolio.

Other Hedge Funds, Including , W.g. Shaheen Associates Dba Whitney Co boosted its stake in MET in the latest quarter, The investment management firm added 300 additional shares and now holds a total of 32,600 shares of Metlife Inc which is valued at $1,521,768. Metlife Inc makes up approx 0.62% of W.g. Shaheen Associates Dba Whitney Co’s portfolio.One Capital Management boosted its stake in MET in the latest quarter, The investment management firm added 1,173 additional shares and now holds a total of 42,449 shares of Metlife Inc which is valued at $2,008,262. Metlife Inc makes up approx 0.68% of One Capital Management’s portfolio. E&g Advisors Lp added MET to its portfolio by purchasing 9,971 company shares during the most recent quarter which is valued at $474,420. Metlife Inc makes up approx 0.28% of E&g Advisors Lp’s portfolio. Summit Financial Wealth Advisors added MET to its portfolio by purchasing 15,589 company shares during the most recent quarter which is valued at $716,938. Metlife Inc makes up approx 0.31% of Summit Financial Wealth Advisors’s portfolio.Washington Trust Bank boosted its stake in MET in the latest quarter, The investment management firm added 327 additional shares and now holds a total of 6,535 shares of Metlife Inc which is valued at $300,545. Metlife Inc makes up approx 0.07% of Washington Trust Bank’s portfolio.

Metlife Inc closed down -0.27 points or -0.57% at $47.31 with 72,42,612 shares getting traded on Tuesday. Post opening the session at $47.72, the shares hit an intraday low of $47 and an intraday high of $48.045 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.

On the company’s financial health, Metlife Inc reported $0.83 EPS for the quarter, missing the analyst consensus estimate by $ -0.52 based on the information available during the earnings call on Aug 3, 2016. Analyst had a consensus of $1.35. The company had revenue of $16955.00 million for the quarter, compared to analysts expectations of $17201.68 million. The company’s revenue was down -2.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.56 EPS.

Many Wall Street Analysts have commented on Metlife Inc. Metlife Inc was Initiated by Credit Suisse to “Neutral” on Oct 7, 2016. Metlife Inc was Resumed by Wells Fargo to “Outperform” on Sep 23, 2016. Company shares were Reiterated by FBR Capital on Aug 29, 2016 to “Outperform”, Firm has raised the Price Target to $ 54 from a previous price target of $51 .

MetLife Inc. (MetLife) is a provider of life insurance annuities employee benefits and asset management. The Company’s segments include Retail; Group Voluntary & Worksite Benefits and Corporate Benefit Funding. Its three geographic segments are Latin America (collectively the Americas); Asia and Europe the Middle East and Africa (EMEA). In addition MetLife’s Corporate & Other includes MetLife Home Loans LLC (MLHL) the surviving non-bank entity of the merger of MetLife Bank National Association (MetLife Bank) with and into MLHL and other business activities. Through its subsidiaries and affiliates it operates in the United States Japan Latin America Asia Europe and the Middle East. The Company‘s businesses in the Americas offer a range of protection products and services.

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