AE Wealth Management LLC raised its position in shares of MetLife, Inc. (NYSE:MET – Free Report) by 18.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 59,344 shares of the financial services provider’s stock after purchasing an additional 9,367 shares during the period. AE Wealth Management LLC’s holdings in MetLife were worth $4,684,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Vermillion & White Wealth Management Group LLC raised its stake in shares of MetLife by 790.0% in the 3rd quarter. Vermillion & White Wealth Management Group LLC now owns 356 shares of the financial services provider’s stock valued at $29,000 after acquiring an additional 316 shares in the last quarter. Sound Income Strategies LLC grew its holdings in MetLife by 58.9% in the 4th quarter. Sound Income Strategies LLC now owns 383 shares of the financial services provider’s stock valued at $29,000 after buying an additional 142 shares during the last quarter. Foster Dykema Cabot & Partners LLC acquired a new stake in MetLife in the 3rd quarter valued at approximately $32,000. JPL Wealth Management LLC acquired a new stake in MetLife in the 3rd quarter valued at approximately $33,000. Finally, Albion Financial Group UT acquired a new stake in MetLife in the 4th quarter valued at approximately $32,000. 94.99% of the stock is owned by hedge funds and other institutional investors.
MetLife News Summary
Here are the key news stories impacting MetLife this week:
- Positive Sentiment: MetLife remains an official sponsor of events at the stadium and the World Cup brings global media exposure that can reinforce long‑term brand recognition for the insurer. New York Times: Why MetLife Is Changing Its Name for the World Cup
- Neutral Sentiment: NJ Transit has announced steep special‑event fares (reported as $150 round‑trip rail; buses ~ $80) for World Cup trips to MetLife Stadium, prompting consumer backlash and debate about who should cover the cost. This is primarily a ticketing/transport issue and not a direct revenue impact on MetLife the insurer. Business Insider: World Cup fans to pay train fares of $150 for the round-trip to MetLife Stadium
- Neutral Sentiment: Political friction has followed the fare decision (state officials urging FIFA to cover transit costs). That could prolong negative headlines but is unlikely to affect MetLife’s balance sheet or near‑term earnings. MSN: N.J. governor: FIFA should pay extra train costs to MetLife
- Negative Sentiment: FIFA’s commercial rules require the stadium to be renamed (“New York New Jersey Stadium”) for matches, meaning MetLife’s name and signage won’t appear during the tournament — a short‑term loss of premium event visibility. That’s a reputational/marketing hit rather than a direct financial loss. NYTimes Athletic: MetLife World Cup train tickets confirmed at $150, alternative bus priced at $80
- Negative Sentiment: Operational constraints (no parking, steep transit surcharges, crowding concerns) could depress fan experience/headlines and cause short‑term reputational noise around the stadium partner brands. CBS News: No parking at MetLife Stadium for World Cup matches
Wall Street Analyst Weigh In
Check Out Our Latest Stock Report on MetLife
MetLife Trading Up 0.0%
Shares of MET opened at $78.08 on Monday. The company has a market cap of $50.91 billion, a price-to-earnings ratio of 16.61, a PEG ratio of 0.69 and a beta of 0.74. MetLife, Inc. has a 52-week low of $67.33 and a 52-week high of $83.85. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.20 and a current ratio of 0.20. The stock has a fifty day moving average price of $73.13 and a two-hundred day moving average price of $76.77.
MetLife (NYSE:MET – Get Free Report) last released its earnings results on Wednesday, February 4th. The financial services provider reported $2.49 earnings per share for the quarter, topping analysts’ consensus estimates of $2.34 by $0.15. The company had revenue of $52.44 billion during the quarter, compared to the consensus estimate of $31.43 billion. MetLife had a return on equity of 21.81% and a net margin of 4.38%.The firm’s quarterly revenue was up 27.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.08 earnings per share. Analysts predict that MetLife, Inc. will post 9.65 EPS for the current fiscal year.
About MetLife
MetLife, Inc is a global provider of insurance, annuities and employee benefit programs. Headquartered in New York City, the company offers a range of risk protection and retirement solutions to individuals, employers and institutional clients. Its core businesses include life insurance, group benefits, retirement products such as annuities, and supplemental health products including dental and disability coverage.
In addition to traditional life and group insurance, MetLife provides workplace benefits and voluntary products distributed through employer-sponsored programs.
Further Reading
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