The hedge fund held 5.66M shares of the oil & gas production company at the end of 2017Q2, valued at $49.78M, up from 5.05M at the end of the previous reported quarter. Jvl Advisors Llc bought 602,568 shares as the company's stock declined 8.34% while stock markets rallied. During the same quarter in the prior year, the company posted $0.83 earnings per share. The stock declined 0.59% or $0.31 reaching $52.83 per share. Trading was light with 2,795K shares changing hands in the last trading session. CFR was included in 8 notes of analysts from October 7, 2016.
The old rating for MetLife (NYSE:MET) shares of a Buy has been discontinued, as stock analysts at FBR Capital decreased the current rating for MetLife (NYSE:MET) shares to a Neutral. MET traded on a high for the day of 53.13 with a corresponding low of 52.80.The day's high marked a slight increase on the previous day's close which saw MET finish the day's trading at 52.80. David Herzog, a director at (MET), bought 720 shares at a price of 52.14 to bring his total ownership in the stock to 3,512 shares. The company was maintained on Tuesday, September 5 by RBC Capital Markets. The rating was maintained by FBR Capital on Monday, August 29 with "Outperform". The company was maintained on Monday, July 10 by RBC Capital Markets. The stock of Metlife Inc (NYSE:MET) has "Outperform" rating given on Friday, September 23 by Wells Fargo. Wells Fargo maintained the shares of MET in report on Tuesday, October 3 with "Buy" rating. Finally, Morgan Stanley raised their price objective on MetLife from $54.00 to $55.00 and gave the company an "equal weight" rating in a research note on Thursday, October 5th. The firm has "Overweight" rating by Barclays Capital given on Friday, August 11. The stock has "Equal-Weight" rating by Morgan Stanley on Thursday, October 5. Genesee Valley Trust Co now controls 25,885 shares valued at $1,345,000. It is down 13.92% since October 11, 2016 and is uptrending. It has underperformed by 2.78% the S&P500. Days to cover decreased 0.0 to 3.0 and the percentage of shorted shares is 0.01% as of September 29. The financial services provider reported $1.46 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $1.27 by $0.19. Of those insider trades, 10,465 shares of MetLife, Inc. were purchased and 0 shares were sold. 81 funds opened positions while 307 raised stakes. Natixis has invested 0.01% in Metlife Inc (NYSE:MET). Four analysts have rated the stock with a hold recommendation, nine have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. Churchill Mgmt Corp invested 0.02% of its portfolio in Metlife Inc (NYSE:MET). Moreover, Ngam Advisors Limited Partnership has 0.22% invested in Metlife Inc (NYSE:MET). Thompson Davis Incorporated reported 98 shares. Sumitomo Mitsui Asset Management has 0.07% invested in Metlife Inc (NYSE:MET) for 75,389 shares. Bb&T Lc reported 0.15% stake. Westside Investment Management Inc. increased its stake in MetLife by 583.8% during the 1st quarter. 151,319 are owned by Mai. Vantage Llc accumulated 0.02% or 1,168 shares. 10 are held by Barrett Asset Mgmt Ltd. Ballentine Ltd Liability stated it has 0.02% in Metlife Inc (NYSE:MET). Bb&T Secs Limited Liability Corp reported 184,100 shares or 0.15% of all its holdings. Lodestar Investment Counsel Limited Liability Il holds 2.59% or 370,025 shares in its portfolio.
Analysts await RTI Surgical Inc (NASDAQ:RTIX) to report earnings on October, 24. The firm has a market cap of $56.17 billion, a PE ratio of 621.76 and a beta of 1.47.
Returns and Valuations for MetLife, Inc.
In the United States, the Company provides a range of insurance and financial services products, including life, dental, disability, property and casualty, guaranteed interest, stable value and annuities to both individuals and groups. The company has market cap of $56.38 billion. The Business's segments include U.S.; Asia; Latin America; Europe, the Middle East and Africa (EMEA); MetLife Holdings; Brighthouse Financial, and Corporate & Other. The Company's USA segment is organized into Group Benefits, Retirement and Income Solutions and Property & Casualty businesses. It also increased its holding in Wpx Energy Inc (NYSE:WPX) by 259,138 shares in the quarter, for a total of 647,115 shares, and has risen its stake in Power Solutions Intl Inc (NASDAQ:PSIX).
More recent Metlife Inc (NYSE:MET) news were published by: Businesswire.com which released: "AM Best Affirms Credit Ratings of MetLife Inc. and Its Subsidiaries" on October 04, 2017. Therefore 100% are positive.