MetLife, Inc. (NYSE:MET) Shares Bought by Sunflower Bank N.A.

Sunflower Bank N.A. lifted its holdings in MetLife, Inc. (NYSE:MET) by 5.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,578 shares of the financial services provider’s stock after buying an additional 198 shares during the quarter. Sunflower Bank N.A.’s holdings in MetLife were worth $293,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. PFG Investments LLC grew its stake in shares of MetLife by 8.9% during the 3rd quarter. PFG Investments LLC now owns 6,360 shares of the financial services provider’s stock worth $525,000 after purchasing an additional 520 shares during the period. B. Metzler seel. Sohn & Co. Holding AG purchased a new stake in shares of MetLife during the 3rd quarter worth approximately $2,960,000. Segall Bryant & Hamill LLC acquired a new stake in shares of MetLife in the 3rd quarter worth approximately $1,074,000. Public Employees Retirement System of Ohio increased its stake in MetLife by 5.6% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 285,514 shares of the financial services provider’s stock valued at $23,549,000 after purchasing an additional 15,251 shares in the last quarter. Finally, Janus Henderson Group PLC raised its holdings in MetLife by 13.9% during the third quarter. Janus Henderson Group PLC now owns 90,092 shares of the financial services provider’s stock worth $7,430,000 after purchasing an additional 11,000 shares during the last quarter. Institutional investors and hedge funds own 94.99% of the company’s stock.

MetLife Trading Up 2.1 %

Shares of MET traded up $1.69 during mid-day trading on Monday, hitting $81.94. The company had a trading volume of 3,510,082 shares, compared to its average volume of 3,158,149. MetLife, Inc. has a 1-year low of $64.61 and a 1-year high of $89.05. The company has a quick ratio of 0.16, a current ratio of 0.16 and a debt-to-equity ratio of 0.51. The business’s 50-day simple moving average is $82.97 and its 200-day simple moving average is $79.03. The stock has a market cap of $56.74 billion, a PE ratio of 16.52, a P/E/G ratio of 0.76 and a beta of 1.07.

MetLife Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 11th. Stockholders of record on Tuesday, February 4th will be paid a dividend of $0.545 per share. The ex-dividend date of this dividend is Tuesday, February 4th. This represents a $2.18 annualized dividend and a dividend yield of 2.66%. MetLife’s dividend payout ratio is presently 43.95%.

Wall Street Analysts Forecast Growth

MET has been the subject of several research reports. JPMorgan Chase & Co. lifted their price target on MetLife from $86.00 to $88.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 7th. Jefferies Financial Group upped their price target on shares of MetLife from $89.00 to $95.00 and gave the company a “buy” rating in a report on Friday, September 27th. TD Cowen upped their price objective on MetLife from $97.00 to $99.00 and gave the company a “buy” rating in a research report on Wednesday, November 27th. StockNews.com cut MetLife from a “buy” rating to a “hold” rating in a research report on Thursday. Finally, Wells Fargo & Company upped their target price on shares of MetLife from $92.00 to $93.00 and gave the company an “overweight” rating in a report on Tuesday, November 5th. One investment analyst has rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $90.00.

About MetLife

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.