Lvm Capital Management Ltdmi Lowers stake in Metlife Inc (MET)

Metlife Inc (MET) : Lvm Capital Management Ltdmi reduced its stake in Metlife Inc by 75.1% during the most recent quarter end. The investment management company now holds a total of 20,875 shares of Metlife Inc which is valued at $885,726 after selling 62,950 shares in Metlife Inc according to a report filed by the company on Apr 4, 2016 with the SEC.Metlife Inc makes up approximately 0.28% of Lvm Capital Management Ltdmi’s portfolio.

On the company’s financial health, Metlife Inc reported $1.23 EPS for the quarter, missing the analyst consensus estimate by $ -0.13 based on the information available during the earnings call on Feb 3, 2016. Analyst had a consensus of $1.36. The company had revenue of $17111.00 million for the quarter, compared to analysts expectations of $17598.80 million. The company’s revenue was down -6.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.38 EPS.

Many Wall Street Analysts have commented on Metlife Inc. Company shares were Reiterated by UBS on Mar 15, 2016 to “Neutral”, Firm has raised the Price Target to $ 44 from a previous price target of $42 .Shares were Reiterated by Barclays on Feb 4, 2016 to “Overweight” and Lowered the Price Target to $ 53 from a previous price target of $60 .Metlife Inc was Upgraded by Raymond James to ” Strong Buy” on Jan 22, 2016.

Metlife Inc opened for trading at $42.2 and hit $42.8962 on the upside on Monday, eventually ending the session at $42.43, with a gain of 1.29% or 0.54 points. The heightened volatility saw the trading volume jump to 47,05,503 shares. Company has a market cap of $46,532 M.

MetLife Inc. (MetLife) is a provider of life insurance annuities employee benefits and asset management. The Company’s 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 MetLife’s 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 Company‘s businesses in the Americas offer a range of protection products and services.

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