Brookstone Capital Management bought a new stake in shares of Metlife Inc (NYSE:MET) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 107,418 shares of the financial services provider’s stock, valued at approximately $5,431,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Epoch Investment Partners Inc. grew its stake in Metlife by 208.5% during the third quarter. Epoch Investment Partners Inc. now owns 10,291,110 shares of the financial services provider’s stock valued at $534,623,000 after acquiring an additional 6,954,917 shares in the last quarter. American Century Companies Inc. grew its stake in Metlife by 10.3% during the fourth quarter. American Century Companies Inc. now owns 6,625,997 shares of the financial services provider’s stock valued at $335,010,000 after acquiring an additional 619,487 shares in the last quarter. TD Asset Management Inc. grew its stake in Metlife by 20.5% during the third quarter. TD Asset Management Inc. now owns 6,268,938 shares of the financial services provider’s stock valued at $325,671,000 after acquiring an additional 1,067,700 shares in the last quarter. Pzena Investment Management LLC grew its stake in Metlife by 2.1% during the third quarter. Pzena Investment Management LLC now owns 5,596,775 shares of the financial services provider’s stock valued at $290,752,000 after acquiring an additional 114,178 shares in the last quarter. Finally, Legal & General Group Plc grew its stake in Metlife by 1.9% during the third quarter. Legal & General Group Plc now owns 4,909,055 shares of the financial services provider’s stock valued at $255,009,000 after acquiring an additional 92,710 shares in the last quarter. 76.55% of the stock is owned by institutional investors.

Several equities analysts have commented on MET shares. Sandler O’Neill lowered shares of Metlife from a “buy” rating to a “hold” rating in a research report on Friday, November 10th. Zacks Investment Research upgraded shares of Metlife from a “hold” rating to a “buy” rating and set a $60.00 price objective for the company in a research report on Thursday, November 9th. B. Riley reiterated a “neutral” rating on shares of Metlife in a research report on Monday, November 6th. Morgan Stanley increased their price objective on shares of Metlife from $55.00 to $56.00 and gave the company an “equal weight” rating in a research report on Friday, November 3rd. Finally, Goldman Sachs Group reiterated a “buy” rating on shares of Metlife in a research report on Wednesday, January 31st. One analyst has rated the stock with a sell rating, eleven have issued a hold rating and nine have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $57.65.

Shares of Metlife Inc (MET) opened at $44.62 on Tuesday. The stock has a market cap of $46,950.00, a PE ratio of 97.00, a PEG ratio of 1.00 and a beta of 1.31. The company has a quick ratio of 0.16, a current ratio of 0.16 and a debt-to-equity ratio of 0.31. Metlife Inc has a twelve month low of $43.38 and a twelve month high of $55.91.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 13th. Stockholders of record on Monday, February 5th will be issued a $0.40 dividend. The ex-dividend date is Friday, February 2nd. This represents a $1.60 annualized dividend and a dividend yield of 3.59%. Metlife’s dividend payout ratio (DPR) is presently 347.83%.

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Metlife Profile

MetLife, Inc is a provider of life insurance, annuities, employee benefits and asset management. The Company’s segments include U.S.; Asia; Latin America; Europe, the Middle East and Africa (EMEA); MetLife Holdings, and Corporate & Other. Its U.S. segment is organized into Group Benefits, Retirement and Income Solutions and Property & Casualty businesses.

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Institutional Ownership by Quarter for Metlife (NYSE:MET)

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