Public Employees Retirement System of Ohio grew its position in Metlife Inc (NYSE:MET) by 0.4% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 667,106 shares of the financial services provider’s stock after buying an additional 2,887 shares during the period. Public Employees Retirement System of Ohio’s holdings in Metlife were worth $33,729,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in MET. First Dallas Securities Inc. acquired a new position in shares of Metlife in the 4th quarter valued at $111,000. Ffcm LLC grew its holdings in shares of Metlife by 2,020.8% in the 3rd quarter. Ffcm LLC now owns 2,248 shares of the financial services provider’s stock valued at $119,000 after buying an additional 2,142 shares during the period. Sandy Spring Bank grew its holdings in shares of Metlife by 495.2% in the 4th quarter. Sandy Spring Bank now owns 2,375 shares of the financial services provider’s stock valued at $120,000 after buying an additional 1,976 shares during the period. Cable Hill Partners LLC grew its holdings in shares of Metlife by 246.6% in the 3rd quarter. Cable Hill Partners LLC now owns 2,412 shares of the financial services provider’s stock valued at $125,000 after buying an additional 1,716 shares during the period. Finally, Valeo Financial Advisors LLC acquired a new position in shares of Metlife in the 3rd quarter valued at $151,000. 76.55% of the stock is owned by institutional investors.

Several brokerages have recently issued reports on MET. Wells Fargo & Co set a $60.00 price target on shares of Metlife and gave the company a “buy” rating in a report on Tuesday. Sandler O’Neill lowered shares of Metlife from a “buy” rating to a “hold” rating in a report on Friday, November 10th. Zacks Investment Research raised shares of Metlife from a “hold” rating to a “buy” rating and set a $60.00 price target for the company in a report on Thursday, November 9th. B. Riley reissued a “neutral” rating on shares of Metlife in a report on Monday, November 6th. Finally, Morgan Stanley boosted their price target on shares of Metlife from $55.00 to $56.00 and gave the company an “equal weight” rating in a report on Friday, November 3rd. One research analyst has rated the stock with a sell rating, eleven have given a hold rating and nine have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $57.65.

Metlife Inc (NYSE:MET) opened at $45.20 on Wednesday. The firm has a market cap of $46,953.58, a price-to-earnings ratio of -90.40, a P/E/G ratio of 1.00 and a beta of 1.31. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.16 and a quick ratio of 0.16. Metlife Inc has a one year low of $43.38 and a one year high of $55.91.

Metlife (NYSE:MET) last announced its earnings results on Tuesday, February 13th. The financial services provider reported $0.64 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.05 by ($0.41). Metlife had a positive return on equity of 8.81% and a negative net margin of 0.75%. During the same quarter last year, the business earned $1.28 earnings per share. analysts predict that Metlife Inc will post 4.42 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 13th. Investors of record on Monday, February 5th will be paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 3.54%. The ex-dividend date of this dividend is Friday, February 2nd. Metlife’s payout ratio is presently -320.00%.

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About Metlife

MetLife, Inc is a provider of life insurance, annuities, employee benefits and asset management. The Company’s segments include U.S.; Asia; Latin America; Europe, the Middle East and Africa (EMEA); MetLife Holdings, and Corporate & Other. Its U.S. segment is organized into Group Benefits, Retirement and Income Solutions and Property & Casualty businesses.

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Institutional Ownership by Quarter for Metlife (NYSE:MET)

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