Metropolitan Edison Co (NYSE:MET) Big Money Quarterly Sentiment at 0.72

June 27, 2018 - By Jeanette Garcia

MetLife, Inc. (NYSE:MET) Corporate Logo

Positions for Metropolitan Edison Co (NYSE:MET)

In 2018 Q1 Metropolitan Edison Co (NYSE:MET) big money sentiment decreased to 0.72, according to Securities and Exchange Commission filings. So its down -0.30, from 2017Q4’s 1.02. 326 investment professionals started new or increased positions, while 453 trimmed and sold positions in Metropolitan Edison Co so the sentiment dropped. Funds own 766.37 million shares, down from 782.94 million shares in 2017Q4. Funds holding Metropolitan Edison Co in top 10 increased from 9 to 12 for an increase of 3. In total 101 funds closed positions, 352 reduced and 247 increased. Also 79 funds bought new Metropolitan Edison Co stakes.

Most Metropolitan Edison Co Investors

Capital Returns Management Llc owns 368,800 shares in Metropolitan Edison Co as of 2018 Q1. As of 2018 Q1, 1.05 million shares of Metropolitan Edison Co are owned by Poplar Forest Capital Llc. Furthermore, Lumbard & Kellner Llc reported 142,383 shares in Metropolitan Edison Co equivalent to 3.74% of its US long stock exposure. The Kansas-based fund Nuance Investments Llc have invested about 3.49% of the investment professional’s stock portfolio in Metropolitan Edison Co. The Ohio-based fund First Fiduciary Investment Counsel Inc. looks positive on Metropolitan Edison Co, having 360,998 shares.

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 firm is worth $45.74 billion. It operates in six divisions: U.S.; Asia; Latin America; Europe, the Middle East, and Africa; MetLife Holdings; and Brighthouse Financial.11.21 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.

The stock decreased 0.44% or $0.2 during the last trading session, reaching $45.MetLife, Inc. has volume of 4.93 million shares. Since June 27, 2017 MET has risen 4.50% and is uptrending. MET underperformed by 8.07% the S&P500.

MetLife, Inc. (NYSE:MET)’s earnings report is expected on August, 1., according to Faxor. earnings per share of $1.18 is 9.23 % down from 2017’s $1.3 EPS. If the current earnings per share of $1.18 is accurate, MET’s profit could hit $1.20 billion. -13.24 % negative EPS growth is what analysts predict. $1.36 earnings per share was revealed for previous quarter.

Bb&T Corp holds 47,175 shs. Principal Grp reported 1.49M shs. 3.81M are held by Lsv Asset Management. Returns Mngmt Ltd Liability Corp reported 368,800 shs. Advsr Capital Mgmt Ltd Liability has invested 0.24% in MetLife, Inc. (NYSE:MET). Sentinel Trust Lba, Texas-based fund reported 80,047 shs. Pictet Asset Management Limited owns 512,690 shs. Glob X Mngmt Ltd accumulated 10,503 shs. Central National Bank & Trust invested 0% of its capital in MetLife, Inc. (NYSE:MET). Rfg Advisory Group Ltd, a Alabama-based fund reported 5,995 shs. Edgar Lomax Co Va holds 0.63% of its capital in MetLife, Inc. (NYSE:MET) for 191,591 shs. Utah Retirement Systems invested in 0.16% or 168,627 shs. Advantus Cap holds 0.12% or 104,272 shs. Philadelphia Trust Co stated it has 0.13% in MetLife, Inc. (NYSE:MET). Stone Ridge Asset Mngmt Llc reported 0.08% of its capital in MetLife, Inc. (NYSE:MET).

MetLife, Inc. (NYSE:MET) Ratings Coverage

Total analysts of 10 have positions in MetLife (NYSE:MET) as follows: 4 rated it a “Buy”, 0 with “Sell” and 6 with “Hold”. The positive are 40%. The firm has $67 highest while $4700 is the lowest PT. The average target $55 is 22.22% above the last ($45) price. Since January 30, 2018 according to StockzIntelligence Inc MetLife has 13 analyst reports. On Tuesday, January 30 Wells Fargo maintained MetLife, Inc. (NYSE:MET) rating. Wells Fargo has “Outperform” rating and $60 target. On Monday, March 26 Atlantic Securities upgraded MetLife, Inc. (NYSE:MET) to “Overweight” rating. On Thursday, April 5 the rating was maintained by Morgan Stanley with “Equal-Weight”. On Thursday, February 15 the firm has “Hold” rating given by Sandler O’Neill. On Monday, June 4 the firm has “Neutral” rating by Goldman Sachs given. On Friday, March 2 the firm has “Neutral” rating given by UBS. On Friday, May 4 Deutsche Bank maintained MetLife, Inc. (NYSE:MET) rating. Deutsche Bank has “Hold” rating and $48 target. On Monday, March 26 Bank of America initiated MetLife, Inc. (NYSE:MET) with “Hold” rating. In Thursday, March 15 report Wells Fargo maintained it with “Buy” rating and $60.0 target. The company rating was maintained by Keefe Bruyette & Woods on Wednesday, April 11.

Another two news for MetLife, Inc. (NYSE:MET) were briefly posted by: Globenewswire.com on May 30, 2018 with title “Lawsuit for Investors in NYSE: MET shares against MetLife announced by Shareholders Foundation”. The other Seekingalpha.com‘s article was titled “MetLife: This 5.625% Preferred Stock Has Begun Trading On The NYSE” and posted on June 09, 2018.

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

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