Shares of MetLife (NYSE:MET) Sees Large Inflow of Net Money Flow

MetLife (NYSE:MET) had a weak trading session and its shares were last down at $42.99, down -0.1% or -0.23 points. The trading data also revealed that the total net flow stood at $4.09 million as the shares had $34.99 million in upticks but lost $30.9 million in downticks. The up/down ratio was 1.13. This data is particularly important for the traders and speculators alike as it could also be used to gauge the strength of the momentum in the shares. During the past week, the shares have seen a change of -2.96% in the shares.The block trade data suggests an inflow of $7.6 million in upticks and an outflow of $7.61 million in downticks. The up/down ratio for the block stood at 1. The net money flow for this transaction was recorded at $-0.01.


Currently the company Insiders own 0.27% of MetLife shares according to the proxy statements. Institutional Investors own 75.4% of MetLife shares. On the companys insider trading activities, The officer (EVP, Global Employee Benefits), of Metlife Inc, Morris Maria R had unloaded 4,200 shares at $45.15 per share in a transaction on June 1, 2016. The total value of transaction was $189,630. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

MetLife (NYSE:MET) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.19 points or 0.44% at $42.9 with 7,650,492 shares getting traded. Post opening the session at $42.77, the shares hit an intraday low of $42.65 and an intraday high of $43.41 and the price was in this range throughout the day. The company has a market cap of $47,133 million and the number of outstanding shares have been calculated to be 1,098,666,690 shares. The 52-week high of MetLife (NYSE:MET) is $58.23 and the 52-week low is $35.

Many analysts have stated their opinion on the company shares. Equity analysts at the Brokerage firm JP Morgan maintains its rating on MetLife (NYSE:MET). The rating major has initiated the coverage with overweight rating on the shares. The Analysts at JP Morgan lowers the price target from $53 per share to $51 per share. The rating by the firm was issued on May 5, 2016.

MetLife, Inc. (MetLife) is a provider of life insurance, annuities, employee benefits and asset management. The Companys segments include Retail; Group, Voluntary & Worksite Benefits, and Corporate Benefit Funding. Its three geographic segments are Latin America (collectively, the Americas); Asia, and Europe, the Middle East and Africa (EMEA). In addition, MetLifes Corporate & Other includes MetLife Home Loans LLC (MLHL), the surviving, non-bank entity of the merger of MetLife Bank, National Association (MetLife Bank) with and into MLHL, and other business activities. Through its subsidiaries and affiliates, it operates in the United States, Japan, Latin America, Asia, Europe and the Middle East. The Companys businesses in the Americas offer a range of protection products and services.

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