Sequoia Financial Advisors LLC and
Cullinan Associates Inc. have trimmed stock positions in
MetLife, Inc., though
Advisor Resource Council and
Claro Advisors LLC have purchased new shares. Meanwhile,
MET joined with
GeoBlue to launch
Globaline for expatriate benefits, and
Micruity to enhance retirement solutions. The company's unit is set to manage 3M's $2.5B pension obligations. Various reports on MetLife's Q1 and Q4 earnings have surfaced, from meeting expectations and rising year-on-year on lower expenses, to missing estimates. Analysts at
JPMorgan Chase & Co. and
Jefferies Financial Group have adjusted MET's price target. The insurer also disclosed plans for acquiring
Hayfin Capital Management. Other notable achievements include publishing an Annual Sustainability report and opening the second round of MET Foundation's community grant program for 2024. The company's stock showed growth in recent months, and though it trailed the S&P Index, prospects for recovery are considered. Lastly, the company confirmed its Q1 2024 Series A Preferred Stock Dividend and extended its lease at the Manhattan HQ.
Metlife MET News Analytics from Wed, 18 Oct 2023 07:00:00 GMT to Sun, 07 Jul 2024 12:13:07 GMT -
Rating 5
- Innovation 3
- Information 8
- Rumor -3
