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

May 17, 2018 - By Amber Marburger

MetLife, Inc. (NYSE:MET) Corporate LogoDuring Q4 2017 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 increased. 290 rose stakes while 93 funds took stakes. Funds hold 782.94 million shares thus 0.24% less from 2017Q3’s 784.85 million shares. Fisher Asset Limited Liability Com invested in 0% or 5,549 shs. Savings Bank Of New York Mellon Corporation has invested 0.16% of its capital in MetLife, Inc. (NYSE:MET). Nbt National Bank N A owns 0.11% invested in MetLife, Inc. (NYSE:MET) for 14,272 shs. Fjarde Ap owns 246,273 shs or 0.19% of their US capital. Wells Fargo & Comm Mn accumulated 6.28 million shs. Ameriprise Fincl Incorporated has 9.42M shs. Natixis reported 986,665 shs stake. 13,123 were reported by Caprock. Cls Invs Limited Liability holds 0.01% or 7,630 shs in its capital. Private Company Na reported 4,900 shs. Ronna Sue Cohen stated it has 2.27% in MetLife, Inc. (NYSE:MET). Zacks Investment Mgmt has invested 0.86% in MetLife, Inc. (NYSE:MET). Sei Invs has invested 0.12% in MetLife, Inc. (NYSE:MET). Suffolk Capital Mgmt Ltd Liability has invested 0.04% in MetLife, Inc. (NYSE:MET). Illinois-based Arete Wealth Advsrs Ltd Co has invested 0.19% in MetLife, Inc. (NYSE:MET).

The stake In Metlife Inc (NYSE:MET) owned by Epoch Investment Partners Inc was upped. According to 2018Q1 SEC filling the increase is 10.74%. Metlife Inc (NYSE:MET) declined 10.38% with the market as Epoch Investment Partners Inc bought 1.14 million shares. It held 11.72 million shares of Metlife Inc (NYSE:MET) at the end of 2018Q1, valued at $537.64 million, up from 10.58M last quarter. $48.68B is the Metlife Inc’s MC. Ticker’s shares touched $47.89 during the last trading session after 0.86% change.MetLife, Inc. has volume of 3.78M shares. Since May 17, 2017 MET has declined 1.24% and is downtrending. MET underperformed the S&P 500 by 12.79%.

Epoch Investment Partners Inc manages about $43.62 billion and $28.22 billion US longs. According to a filing the fund reduced its stake in Duke Energy Corp New (NYSE:DUK) by 185,030 shares to 4.61M shares, valued at $356.93M in 2018Q1. It decreased Markel Corp (NYSE:MKL) position by 10,757 shares to 9,034 shares, and cut its Wells Fargo Co New (NYSE:WFC) 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

A total of 9 analysts rate Metlife (NYSE:MET) as follows: 4 “Buy”, 5 “Hold” and 0 “Sell”. Тherefore 44% are bullish. (NYSE:MET) has 13 ratings reports on 17 May 2018 according to StockzIntelligence. On Wednesday, April 11 the company was maintained by Keefe Bruyette & Woods. In Thursday, April 5 report Sandler O’Neill maintained it with “Hold” rating and $4700 target. On Monday, March 26 the firm has “Overweight” rating by Atlantic Securities given. On Thursday, April 5 the rating was maintained by Morgan Stanley with “Equal-Weight”. On Tuesday, January 30 the stock of MetLife, Inc. (NYSE:MET) has “Outperform” rating given by Wells Fargo. On Thursday, February 15 the rating was maintained by Sandler O’Neill with “Hold”. On Friday, March 2 the company was maintained by UBS. On Thursday, December 21 the rating was maintained by Keefe Bruyette & Woods with “Buy”. On Wednesday, February 14 the stock has “Equal-Weight” rating by Morgan Stanley. On Friday, May 4 the rating was maintained by Deutsche Bank with “Hold”.

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.The P/E ratio is 13.24. 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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