MetLife, Inc. (NYSE:MET) Shares Purchased by E. Ohman J or Asset Management AB

E. Ohman J or Asset Management AB raised its stake in MetLife, Inc. (NYSE:MET) by 8.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,446 shares of the financial services provider’s stock after acquiring an additional 2,000 shares during the period. E. Ohman J or Asset Management AB’s holdings in MetLife were worth $2,165,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. MeadowBrook Investment Advisors LLC grew its stake in MetLife by 244.4% during the 3rd quarter. MeadowBrook Investment Advisors LLC now owns 310 shares of the financial services provider’s stock worth $26,000 after buying an additional 220 shares during the last quarter. Carmichael Hill & Associates Inc. boosted its holdings in shares of MetLife by 131.9% in the third quarter. Carmichael Hill & Associates Inc. now owns 327 shares of the financial services provider’s stock valued at $27,000 after acquiring an additional 186 shares during the period. Wolff Wiese Magana LLC grew its position in shares of MetLife by 374.3% during the third quarter. Wolff Wiese Magana LLC now owns 351 shares of the financial services provider’s stock worth $29,000 after acquiring an additional 277 shares during the last quarter. Peterson Financial Group Inc. acquired a new position in shares of MetLife in the 3rd quarter valued at $30,000. Finally, Retirement Wealth Solutions LLC purchased a new stake in MetLife in the 4th quarter valued at $32,000. Institutional investors and hedge funds own 94.99% of the company’s stock.

MetLife Stock Down 1.0 %

MET stock opened at $84.65 on Wednesday. MetLife, Inc. has a 52 week low of $64.61 and a 52 week 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 0.51. The company has a market cap of $58.61 billion, a P/E ratio of 17.07, a P/E/G ratio of 0.66 and a beta of 1.07. The company’s 50-day moving average price is $84.03 and its 200 day moving average price is $80.61.

MetLife Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 11th. Investors of record on Tuesday, February 4th will be paid a $0.545 dividend. This represents a $2.18 annualized dividend and a yield of 2.58%. The ex-dividend date of this dividend is Tuesday, February 4th. MetLife’s payout ratio is currently 43.95%.

Analyst Ratings Changes

A number of research analysts have commented on MET shares. TD Cowen lifted their price objective on shares of MetLife from $97.00 to $99.00 and gave the company a “buy” rating in a research note on Wednesday, November 27th. Wells Fargo & Company dropped their price target on MetLife from $93.00 to $92.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 14th. Barclays increased their price objective on MetLife from $90.00 to $96.00 and gave the stock an “overweight” rating in a research report on Monday, January 6th. StockNews.com lowered MetLife from a “buy” rating to a “hold” rating in a report on Thursday, January 9th. Finally, BMO Capital Markets began coverage on shares of MetLife in a research report on Thursday, January 23rd. They issued a “market perform” rating and a $97.00 price objective on the stock. Two equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. According to data from MarketBeat, MetLife currently has a consensus rating of “Moderate Buy” and a consensus target price of $90.46.

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.