MetLife, Inc.

New York Stock Exchange
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Somewhat Bullish +35

MetLife, Inc. $MET Shares Sold by Boston Common Asset Management LLC

AI-generated analysis

📉 Boston Common Asset Management LLC trimmed its MetLife stake by 11.2% in Q1, reducing holdings to 109,516 shares valued at $7.745 million.

📈 Activest Wealth Management significantly increased its position by 205.8% in Q4, now owning 315 shares worth $25,000.

📊 MetLife reported Q1 EPS of $2.42, beating analyst estimates of $2.27 despite revenue missing expectations at $14.18 billion versus a consensus of $19.49 billion.

💰 The company declared a quarterly dividend of $0.5925 per share, offering a 2.5% yield to shareholders of record on August 4th.

📈 MetLife shares currently trade at a PE ratio of 18.21 with a market capitalization of $60.48 billion.

🏢 The firm operates as a global provider of insurance, annuities, and employee benefit programs headquartered in New York City.

Bullish Signals
  • MetLife beat quarterly earnings per share estimates by $0.15, reporting $2.42 EPS against a consensus of $2.27.
  • The company maintains a strong return on equity of 22.60% and a manageable debt-to-equity ratio of 0.53.
  • Activest Wealth Management and Sound Income Strategies LLC increased their stakes, indicating continued institutional interest in the stock.
Risk Factors
  • MetLife's Q1 revenue of $14.18 billion fell significantly short of the consensus estimate of $19.49 billion.
  • The company's year-over-year revenue growth was modest at only 2.7% compared to the same quarter last year.
Full Analysis
Boston Common Asset Management LLC reduced its stake in MetLife, Inc. (NYSE:MET) by 11.2% during the first quarter, selling 13,810 shares to hold a remaining position of 109,516 shares valued at $7.745 million according to recent SEC filings. Conversely, several smaller institutional investors increased their positions in MetLife during the fourth quarter. Activest Wealth Management raised its stake by 205.8% to own 315 shares worth $25,000, while Sound Income Strategies LLC grew its holding by 58.9% to 383 shares valued at $29,000. MetLife recently reported quarterly earnings on May 6th, posting $2.42 per share which beat the consensus estimate of $2.27. However, revenue came in at $14.18 billion, significantly below the expected $19.49 billion, resulting in a net margin of 4.66% and year-over-year revenue growth of only 2.7%. The company maintains a market capitalization of $60.48 billion with a dividend yield of 2.5%, set to be paid on September 8th to shareholders of record on August 4th. MetLife trades at a PE ratio of 18.21 and has seen its stock price fluctuate between a one-year low of $67.33 and a high of $94.86.