Metlife INC (MET) Shareholder Rafferty Asset Management LLC Has Upped Stake by $4.88 Million

MetLife, Inc. (NYSE:MET) LogoInvestors sentiment increased to 0.89 in 2018 Q2. Its up 0.17, from 0.72 in 2018Q1. It increased, as 48 investors sold MET shares while 328 reduced holdings. 85 funds opened positions while 249 raised stakes. 751.98 million shares or 1.88% less from 766.37 million shares in 2018Q1 were reported. Groesbeck Investment Mngmt Corporation Nj invested in 79,100 shares. Alliancebernstein Limited Partnership holds 0.05% in MetLife, Inc. (NYSE:MET) or 1.58 million shares. Gargoyle Inv Advisor Limited Liability Company holds 30,427 shares. Partnervest Advisory Llc holds 0.22% or 10,755 shares. Raymond James Financial Services Advisors Incorporated reported 253,624 shares. 155,996 are owned by Bluecrest Capital Mgmt. First Finance In reported 0.04% stake. Telos Capital Mgmt accumulated 0.63% or 42,273 shares. Vident Investment Advisory Ltd Limited Liability Company invested in 14,136 shares or 0.02% of the stock. American Fincl Gru Inc accumulated 125,010 shares. Cibc Ww Markets Corp reported 0.05% in MetLife, Inc. (NYSE:MET). Qci Asset Management Inc owns 404 shares. Cap Returns Management Limited Company has 2.16% invested in MetLife, Inc. (NYSE:MET) for 146,400 shares. Laurion Cap LP holds 0.03% of its portfolio in MetLife, Inc. (NYSE:MET) for 89,105 shares. 10,000 are owned by New Jersey Better Educational Savings.

Rafferty Asset Management Llc increased its stake in Metlife Inc (MET) by 49.11% based on its latest 2018Q2 regulatory filing with the SEC. Rafferty Asset Management Llc bought 113,523 shares as the company’s stock declined 4.45% while stock markets rallied. The institutional investor held 344,697 shares of the finance company at the end of 2018Q2, valued at $15.03M, up from 231,174 at the end of the previous reported quarter. Rafferty Asset Management Llc who had been investing in Metlife Inc for a number of months, seems to be bullish on the $40.10 billion market cap company. The stock decreased 1.31% or $0.54 during the last trading session, reaching $40.63. About 8.77M shares traded or 31.00% up from the average. MetLife, Inc. (NYSE:MET) has declined 7.40% since December 8, 2017 and is downtrending. It has underperformed by 23.02% the S&P500.

Rafferty Asset Management Llc, which manages about $7.35 billion and $6.69 billion US Long portfolio, decreased its stake in Vanguard Intl Equity Index F (VGK) by 452,199 shares to 570,941 shares, valued at $32.05M in 2018Q2, according to the filing. It also reduced its holding in Analog Devices Inc (NASDAQ:ADI) by 35,006 shares in the quarter, leaving it with 241,208 shares, and cut its stake in Booking Hldgs Inc.

More news for MetLife, Inc. (NYSE:MET) were recently published by: Seekingalpha.com, which released: “MetLife, Inc. 2018 Q3 – Results – Earnings Call Slides – Seeking Alpha” on November 13, 2018. Businesswire.com‘s article titled: “MetLife Names New Leaders for Japan and EMEA – Business Wire” and published on December 05, 2018 is yet another important article.

MetLife, Inc. (NYSE:MET) Ratings Coverage

Among 5 analysts covering MetLife (NYSE:MET), 2 have Buy rating, 0 Sell and 3 Hold. Therefore 40% are positive. MetLife had 6 analyst reports since July 9, 2018 according to SRatingsIntel. The rating was maintained by Barclays Capital with “Overweight” on Monday, July 9. FBR Capital maintained MetLife, Inc. (NYSE:MET) on Monday, July 16 with “Neutral” rating. The rating was maintained by Morgan Stanley on Tuesday, November 13 with “Equal-Weight”. The stock has “Outperform” rating by Credit Suisse on Friday, August 17. The company was maintained on Wednesday, July 11 by Morgan Stanley. The firm has “Neutral” rating by UBS given on Monday, October 8.

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

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