GSA Capital Partners LLP and
Signaturefd LLC have increased their holdings in
Metlife, Inc. While
Oppenheimer Asset Management Inc and
Commerce Bank have sold shares,
Norden Group LLC increased their stock holdings and
Fidelis Capital Partners LLC have purchased a new position.
MetLife is reportedly contemplating the acquisition of
Hayfin Capital Management. Its branch,
MIM, secured
$1.2B for a second private equity fund.
MetLife's stock rose 11.4% in 3 months, and has gained 18.2% in 6 months.
Jennison Associates LLC raised their stake.
MetLife's Q1 2024 earnings met expectations, with a rise Y/Y due to lower expenses. It showed an adjusted EPS beat and a surge in net income, while
MetLife also announced a new $3 billion share repurchase authorization. The company also extended its lease at its headquarters tower in Manhattan.
MetLife announced preferred stock dividends and will manage 3M's $2.5B pension obligations.
MetLife's sustainability initiatives show it living its purpose, and its investors received an 81% return over five years.
MetLife received mixed assessments from analysts but remains a top dividend stock, despite current market challenges.
Metlife MET News Analytics from Tue, 22 Aug 2023 17:37:23 GMT to Sun, 14 Jul 2024 14:47:28 GMT -
Rating 8
- Innovation 4
- Information 8
- Rumor -3
