2,642 Shares in MetLife, Inc. (NYSE:MET) Acquired by Financial Engines Advisors L.L.C.

Financial Engines Advisors L.L.C. acquired a new stake in MetLife, Inc. (NYSE:MET) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 2,642 shares of the financial services provider’s stock, valued at approximately $216,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. United Asset Strategies Inc. raised its holdings in MetLife by 1.1% during the 4th quarter. United Asset Strategies Inc. now owns 10,933 shares of the financial services provider’s stock valued at $895,000 after buying an additional 120 shares during the last quarter. Barrett & Company Inc. boosted its holdings in shares of MetLife by 1.0% during the fourth quarter. Barrett & Company Inc. now owns 11,942 shares of the financial services provider’s stock worth $978,000 after purchasing an additional 121 shares during the period. J.W. Cole Advisors Inc. grew its stake in shares of MetLife by 2.1% in the fourth quarter. J.W. Cole Advisors Inc. now owns 6,044 shares of the financial services provider’s stock worth $495,000 after purchasing an additional 126 shares during the last quarter. Davis R M Inc. increased its holdings in MetLife by 4.2% during the 4th quarter. Davis R M Inc. now owns 3,148 shares of the financial services provider’s stock valued at $258,000 after purchasing an additional 127 shares during the period. Finally, Daymark Wealth Partners LLC raised its position in MetLife by 3.0% during the 4th quarter. Daymark Wealth Partners LLC now owns 5,091 shares of the financial services provider’s stock valued at $417,000 after purchasing an additional 149 shares during the last quarter. Institutional investors own 94.99% of the company’s stock.

Analysts Set New Price Targets

MET has been the topic of a number of recent analyst reports. BMO Capital Markets started coverage on MetLife in a research report on Thursday, January 23rd. They issued a “market perform” rating and a $97.00 price objective on the stock. Barclays reduced their price objective on shares of MetLife from $96.00 to $95.00 and set an “overweight” rating on the stock in a research report on Friday, February 7th. Cowen reaffirmed a “buy” rating on shares of MetLife in a research report on Friday, March 7th. JPMorgan Chase & Co. increased their price target on shares of MetLife from $86.00 to $88.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 7th. Finally, StockNews.com cut MetLife from a “buy” rating to a “hold” rating in a research report on Thursday, January 9th. Two research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. Based on data from MarketBeat.com, MetLife presently has a consensus rating of “Moderate Buy” and a consensus price target of $94.58.

MetLife Trading Down 4.6 %

NYSE MET opened at $79.19 on Friday. MetLife, Inc. has a 12 month low of $67.30 and a 12 month high of $89.05. The company has a current ratio of 0.16, a quick ratio of 0.16 and a debt-to-equity ratio of 0.54. The stock’s fifty day moving average price is $83.29 and its 200-day moving average price is $82.83. The stock has a market cap of $53.95 billion, a P/E ratio of 13.27, a P/E/G ratio of 0.65 and a beta of 1.04.

MetLife (NYSE:MET) last announced its quarterly earnings data on Wednesday, February 5th. The financial services provider reported $2.08 EPS for the quarter, missing the consensus estimate of $2.13 by ($0.05). MetLife had a net margin of 6.19% and a return on equity of 20.42%. As a group, equities analysts forecast that MetLife, Inc. will post 9.65 EPS for the current fiscal year.

MetLife Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 11th. Shareholders of record on Tuesday, February 4th were paid a dividend of $0.545 per share. The ex-dividend date of this dividend was Tuesday, February 4th. This represents a $2.18 annualized dividend and a yield of 2.75%. MetLife’s dividend payout ratio is 36.52%.

MetLife Profile

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.