MetLife Inc. (MET) saw several investment firms modifying their stake in the company.
Candriam S.C.A bought 230,116 shares, whereas
National Bank of Canada FI and
Stablepoint Partners LLC trimmed their positions. The company has had an 80-plus relative strength rating. There's been several key appointments, including the hiring of
Toby Srihiran Brown as the global head of reinsurance and Rob Dill as Chief Auditor. The insurer appears to be a strong value stock and an attractive dividend stock. Moody’s rates
MetLife’s long-term and outlook as stable. Over the past five years, MetLife’s investors saw an 82% rise in their investments. In Q2 earnings beat estimates, showing strong underwriting results.
Metlife is looking into the acquisition of Hayfin Capital Management and has also been assigned to manage 3M's $2.5B pension obligations. The insurer is up 11.4% in the last three months.
MetLife Q1 2024 earnings met expectations with a rise Year-over-Year on lower expenses. The company also declared dividends and increased its common stock dividend by 4.8%.
Metlife MET News Analytics from Wed, 08 Nov 2023 08:00:00 GMT to Sun, 08 Sep 2024 09:55:29 GMT -
Rating 7
- Innovation 3
- Information 8
- Rumor 2
