MetLife (MET) has been under fiest in the recent times with multiple wealth management entities
selling shares and adjusting their stake in the company, including
CIBC Private Wealth Group LLC,
First Trust Advisors LP, and
Epoch Investment Partners Inc. The company’s exploration to acquire
Hayfin Capital Management has garnered attention as well. In addition, a surge in MetLife’s options volume has been observed. On the bright side, the company’s
Q1 earnings have come out at par and shown an year-on-year rise citing lower expenses, while management's decision to enhance employers' offerings through
Connected Benefits and improve customers' experience via
My Leave Navigator are some positive developments. Its significantly improved position held by
The Manufacturers Life Insurance Company and dividends declaration for Q2 are notable as well. However, some analysts predict only limited upside potential for MetLife’s stock with
34.95% being one estimate. The company overall experienced a
rise of 11.4% in the last three months but saw a drop of
5% since the start of 2024.
Metlife MET News Analytics from Thu, 03 Aug 2023 07:00:00 GMT to Sun, 09 Jun 2024 17:17:41 GMT -
Rating 2
- Innovation -3
- Information 5
- Rumor -4
