As Metlife Inc (NYSE:MET) Price Declined, Epoch Investment Partners Inc Upped by $51.14 Million Its Position

May 17, 2018 - By Gwen Gough

MetLife, Inc. (NYSE:MET) Corporate LogoDuring 2017 Q4 the big money sentiment increased to 1.02. That’s change of 0.13, from 2017Q3’s 0.89. 45 investors sold all, 330 reduced holdings as MET ratio is positive. 290 increased stakes while 93 funds amassed stakes. Funds hold 782.94 million shares thus 0.24% less from 2017Q3’s 784.85 million shares. Employees Retirement System Of Texas has invested 0.04% in MetLife, Inc. (NYSE:MET). Westwood Grp owns 0.02% invested in MetLife, Inc. (NYSE:MET) for 55,001 shs. Wesbanco Natl Bank stated it has 6,574 shs. Welch & Forbes Ltd Llc reported 0.12% stake. Commonwealth Commercial Bank Of Australia accumulated 257,972 shs. Norinchukin National Bank & Trust The has 65,123 shs for 0.06% of their capital. Impax Asset Mgmt Lc holds 0.02% or 8,405 shs in its capital. British Columbia Invest Mngmt Corporation invested in 375,604 shs or 0.13% of the stock. The Illinois-based Old Second Savings Bank Of Aurora has invested 1.04% in MetLife, Inc. (NYSE:MET). Retirement Systems Of Alabama invested in 509,955 shs. Ar Asset Mngmt has invested 0.08% in MetLife, Inc. (NYSE:MET). Apriem invested 0.1% in MetLife, Inc. (NYSE:MET). First Interstate Commercial Bank accumulated 590 shs or 0.01% of the stock. Schwerin Boyle Capital accumulated 0.66% or 120,380 shs. Hanson & Doremus Inv invested 0.01% in MetLife, Inc. (NYSE:MET).

According to 2018Q1 Securities and Exchange filling Epoch Investment Partners Inc upped its stake in Metlife Inc (NYSE:MET) by 10.74%. Metlife Inc (NYSE:MET) declined 10.38% with the market as Epoch Investment Partners Inc bought 1.14 million shares. Epoch Investment Partners Inc’s position was valued at $537.64 million for 11.72M shares. It’s up from 10.58 million last quarter. $48.68B is the Metlife Inc’s market cap. MET is touching $47.89 during the last trading session, after increased 0.86%.Currently MetLife, Inc. is downtrending after 1.24% change in last May 17, 2017. MET has 3.78 million shares volume. The stock underperformed the S&P 500 by 12.79%.

$43.62 billion and $28.22 billion US longs are managed by Epoch Investment Partners Inc. According to Securities and Exchange [filling] the stake in Exxon Mobil Corp (NYSE:XOM) was reduced by 146,748 shares to 2.77 million shares. They are valued at $206.76 million in 2018Q1. It decreased Wells Fargo Co New (NYSE:WFC) position by 758,362 shares to 1.97M shares, and cut its Red Rock Resorts Inc () stake.

Epoch Investment Partners Inc is a New York-based institutional investor with more than $43.62 billion AUM in January, 2015. Epoch Investment Partners Inc is the 100th largest institutional investor in our database. Taken from Epoch Investment Partners latest Adv, the fund reported to have 92 full and part-time employees. Among which 35 performing investment advisory and research functions. The institutional investor had more than 1800 clients.

MetLife, Inc. (NYSE:MET) Ratings Coverage

In total 9 analysts cover Metlife (NYSE:MET). “Buy” rating has 4, “Sell” are 0, while 5 are “Hold”. (NYSE:MET) has 44% bullish analysts. 13 are the (NYSE:MET)’s ratings reports on 17 May 2018 according to StockzIntelligence Inc. In Thursday, March 15 report Wells Fargo maintained the stock with “Buy” rating. On Tuesday, January 30 Wells Fargo maintained MetLife, Inc. (NYSE:MET) rating. Wells Fargo has “Outperform” rating and $60 target. On Thursday, February 15 Sandler O’Neill maintained MetLife, Inc. (NYSE:MET) with “Hold” rating. In Friday, March 2 report UBS maintained it with “Neutral” rating and $51 target. On Thursday, April 5 the firm earned “Hold” rating by Sandler O’Neill. On Thursday, April 5 Morgan Stanley maintained MetLife, Inc. (NYSE:MET) with “Equal-Weight” rating. On Monday, March 26 Bank of America initiated the shares of MET in report with “Hold” rating. On Wednesday, April 11 Keefe Bruyette & Woods maintained MetLife, Inc. (NYSE:MET) rating. Keefe Bruyette & Woods has “Buy” rating and $5500 target. On Monday, March 26 the firm has “Overweight” rating given by Atlantic Securities. On Wednesday, February 14 the rating was maintained by Morgan Stanley with “Equal-Weight”.

MetLife, Inc., through its subsidiaries, provides life insurance, annuities, employee benefits, and asset management products in the United States, Japan, Latin America, Asia, Europe, and the Middle East.The company has $48.68 billion market cap. It operates in six divisions: U.S.; Asia; Latin America; Europe, the Middle East, and Africa; MetLife Holdings; and Brighthouse Financial.13.24 is the P/E ratio. The firm offers life, dental, group short- and long-term disability, individual disability, accidental death and dismemberment, and critical illness insurance products; vision, and accident and health coverages, as well as prepaid legal plans; administrative services-only and private floating rate funding agreements; and account guaranteed, separate account guaranteed, and trust guaranteed interest contracts.

MetLife, Inc. (NYSE:MET) Institutional Investors Chart

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