MetLife, Inc. (MET) At $47.33 Forms Bottom; Generation Investment Management Llp Has Increased Schwab Charles New (SCHW) Position By $7.16 Million

June 13, 2018 - By Martha Paddon

MetLife, Inc. (NYSE:MET) Logo

MetLife, Inc. (MET) formed multiple bottom with $44.49 target or 6.00% below today’s $47.33 share price. MetLife, Inc. (MET) has $48.11B valuation. The stock decreased 0.35% or $0.165 during the last trading session, reaching $47.325. About 3.01 million shares traded. MetLife, Inc. (NYSE:MET) has risen 4.50% since June 13, 2017 and is uptrending. It has underperformed by 8.07% the S&P500. Some Historical MET News: ; 02/05/2018 – MetLife 1Q Premiums, Fees, Other Rev $11.04B; 07/03/2018 – MOVES-MetLife names U.S. CFO as head of its retirement business; 02/05/2018 – MetLife Investments Asia Limited Expands Institutional Sales Team in Asia; 18/04/2018 – MetLife Investment Management: Private Debt Origination Included $3.8B in Infrastructure and Project Finance; 13/03/2018 – MetLife Auto & Home® Launches SnapQuote® — A Digital Insurance Marketplace to Deliver Simplified Quote-to-Purchase Experience; 24/04/2018 – MetLife Raises Dividend to 42c Vs. 40c; 24/04/2018 – METLIFE BOOSTS QTR DIV TO $0.42-SHR, FROM $0.40, EST. $0.40; 22/05/2018 – MetLife’s Board Approves $1.5 Billion Share Buyback Program — MarketWatch; 01/05/2018 – METLIFE’S GOULART SEES ACQUISITION OPPORTUNITIES OVER TIME; 16/05/2018 – MetLife: Board Approved McCallion’s Salary Increase in Connection With Him Becoming CFO, Effective May 10

Generation Investment Management Llp increased Schwab Charles Corp New (SCHW) stake by 1.37% reported in 2018Q1 SEC filing. Generation Investment Management Llp acquired 137,607 shares as Schwab Charles Corp New (SCHW)’s stock rose 6.64%. The Generation Investment Management Llp holds 10.17 million shares with $531.11M value, up from 10.03 million last quarter. Schwab Charles Corp New now has $77.23 billion valuation. The stock decreased 0.11% or $0.065 during the last trading session, reaching $57.245. About 1.22M shares traded. The Charles Schwab Corporation (NYSE:SCHW) has risen 45.39% since June 13, 2017 and is uptrending. It has outperformed by 32.82% the S&P500. Some Historical SCHW News: ; 14/05/2018 – CHARLES SCHWAB CORP – TOTAL CLIENT ASSETS WERE $3.31 TRILLION AS OF MONTH-END APRIL, UP 12% FROM APRIL 2017; 09/03/2018 – Schwab Emerging Markets Equity ETF Closes Above 50D-MA; 10/04/2018 – Schwab International Small-Cap Equity ETF Goes Above 50D-MA; 08/05/2018 – Casey Schwab of NFL Players Association to Keynote Summer Meeting Of Legislators from Gaming States, July 13-15 in Cleveland; 03/05/2018 – SCHW CREATES DIGITAL ACCELERATOR HUBS IN SAN FRANCISCO & AUSTIN; 16/04/2018 – Charles Schwab 1Q EPS 55c; 04/05/2018 – Schwab US Dividend Equity Daily Outflows $107.1 Mln; 14/05/2018 – Charles Schwab April Core Net New Assets $9.9B; 16/04/2018 – Charles Schwab 1Q Asset Management, Administration Fees $851M; 07/03/2018 Fitch Affirms Charles Schwab Corporation at ‘A’/’F1’; Outlook Stable

More recent The Charles Schwab Corporation (NYSE:SCHW) news were published by: Seekingalpha.com which released: “Cisco Is A High Quality Stock – Cramer’s Lightning Round (6/8/18)” on June 11, 2018. Also Bizjournals.com published the news titled: “Chuck Schwab on tax reform’s Bay Area impact: ‘A lot of companies will be moving their people out of here'” on May 16, 2018. Benzinga.com‘s news article titled: “The Week Ahead: Central Bank Bonanza, AT&T Court Ruling, North Korea Summit” with publication date: June 11, 2018 was also an interesting one.

Generation Investment Management Llp decreased Visa Inc (NYSE:V) stake by 312,554 shares to 1.67 million valued at $199.98 million in 2018Q1. It also reduced Mastercard Incorporated (NYSE:MA) stake by 983,410 shares and now owns 831,834 shares. Deere & Co (NYSE:DE) was reduced too.

Since January 18, 2018, it had 0 insider buys, and 40 insider sales for $250.30 million activity. The insider Clark Bernard J. sold $1.65M. SNEED PAULA A also sold $661,156 worth of The Charles Schwab Corporation (NYSE:SCHW) shares. Shares for $2.13M were sold by Garfield David R. Shares for $290,041 were sold by Craig Jonathan M. on Monday, March 12. The insider SCHWAB CHARLES R sold $12.97 million. Another trade for 251,300 shares valued at $15.01 million was sold by Bettinger Walter W. MARTINETTO JOSEPH R sold $15.38 million worth of stock.

Investors sentiment decreased to 0.87 in 2018 Q1. Its down 0.28, from 1.15 in 2017Q4. It fall, as 55 investors sold SCHW shares while 335 reduced holdings. 81 funds opened positions while 258 raised stakes. 1.05 billion shares or 0.48% less from 1.05 billion shares in 2017Q4 were reported. Moreover, Theleme Partners Llp has 37.44% invested in The Charles Schwab Corporation (NYSE:SCHW). 102,259 are owned by Bingham Osborn & Scarborough Ltd Company. Overbrook Mgmt owns 8,984 shares for 0.1% of their portfolio. State Common Retirement Fund has invested 0.28% in The Charles Schwab Corporation (NYSE:SCHW). Tower Bridge Advsr has 0% invested in The Charles Schwab Corporation (NYSE:SCHW). State Street Corporation owns 50.72 million shares. Marvin And Palmer Assocs Inc has invested 5.02% of its portfolio in The Charles Schwab Corporation (NYSE:SCHW). Moreover, First Interstate Fincl Bank has 0% invested in The Charles Schwab Corporation (NYSE:SCHW) for 278 shares. Broad Run Inv Limited Liability has 4.64M shares for 7.86% of their portfolio. Pitcairn has 0.1% invested in The Charles Schwab Corporation (NYSE:SCHW) for 17,507 shares. Kornitzer Mngmt Inc Ks, a Kansas-based fund reported 53,355 shares. North Star Invest Mngmt reported 1,715 shares. Jacobs And Ca owns 1.12% invested in The Charles Schwab Corporation (NYSE:SCHW) for 115,672 shares. Arcadia Mgmt Mi reported 118 shares. California-based Gemmer Asset Management Ltd Llc has invested 0.61% in The Charles Schwab Corporation (NYSE:SCHW).

Among 24 analysts covering Charles Schwab (NYSE:SCHW), 15 have Buy rating, 1 Sell and 8 Hold. Therefore 63% are positive. Charles Schwab had 104 analyst reports since August 11, 2015 according to SRatingsIntel. The rating was maintained by Deutsche Bank on Monday, July 18 with “Buy”. As per Friday, April 20, the company rating was maintained by Jefferies. Deutsche Bank maintained it with “Buy” rating and $33 target in Thursday, June 16 report. The firm earned “Hold” rating on Tuesday, July 11 by Deutsche Bank. Credit Suisse maintained The Charles Schwab Corporation (NYSE:SCHW) rating on Wednesday, April 11. Credit Suisse has “Buy” rating and $6000 target. Credit Suisse maintained the stock with “Outperform” rating in Monday, April 23 report. The firm earned “Buy” rating on Monday, February 26 by Keefe Bruyette & Woods. The firm earned “Overweight” rating on Wednesday, April 25 by Morgan Stanley. The rating was downgraded by JMP Securities to “Market Perform” on Wednesday, January 3. UBS reinitiated it with “Buy” rating and $50 target in Monday, March 13 report.

Investors sentiment decreased to 0.72 in 2018 Q1. Its down 0.30, from 1.02 in 2017Q4. It dived, as 101 investors sold MetLife, Inc. shares while 352 reduced holdings. 79 funds opened positions while 247 raised stakes. 766.37 million shares or 2.12% less from 782.94 million shares in 2017Q4 were reported. Cumberland Prtnrs Limited reported 218,800 shares stake. Bradley Foster And Sargent Inc Ct holds 139,273 shares. Pekin Singer Strauss Asset Il stated it has 0.07% of its portfolio in MetLife, Inc. (NYSE:MET). Principal Grp Inc Inc holds 1.49M shares. Livforsakringsbolaget Skandia Omsesidigt owns 52,748 shares or 0.03% of their US portfolio. Cullen Frost Bankers Inc reported 0.04% stake. Peak6 Invs L P holds 0.03% of its portfolio in MetLife, Inc. (NYSE:MET) for 140,533 shares. Dumont And Blake Advsrs Lc, New Jersey-based fund reported 43,054 shares. 66,230 are held by First Natl Tru Com. Segantii Management Ltd owns 200 shares. Deprince Race Zollo Inc has 0.54% invested in MetLife, Inc. (NYSE:MET). 11,235 were reported by Davenport And Company Ltd Llc. First Allied Advisory Services Inc holds 0.06% or 32,563 shares in its portfolio. Franklin Resources Inc reported 0.58% of its portfolio in MetLife, Inc. (NYSE:MET). Spf Beheer Bv has invested 3.11% in MetLife, Inc. (NYSE:MET).

Analysts await MetLife, Inc. (NYSE:MET) to report earnings on August, 1. They expect $1.18 earnings per share, down 9.23% or $0.12 from last year’s $1.3 per share. MET’s profit will be $1.20B for 10.03 P/E if the $1.18 EPS becomes a reality. After $1.36 actual earnings per share reported by MetLife, Inc. for the previous quarter, Wall Street now forecasts -13.24% negative EPS growth.

Among 19 analysts covering MetLife (NYSE:MET), 9 have Buy rating, 1 Sell and 9 Hold. Therefore 47% are positive. MetLife has $7800 highest and $46 lowest target. $57.20’s average target is 20.87% above currents $47.325 stock price. MetLife had 59 analyst reports since July 31, 2015 according to SRatingsIntel. The stock of MetLife, Inc. (NYSE:MET) earned “Buy” rating by Deutsche Bank on Friday, July 31. The stock of MetLife, Inc. (NYSE:MET) earned “Buy” rating by Wells Fargo on Thursday, March 15. FBR Capital maintained the shares of MET in report on Monday, August 29 with “Outperform” rating. The firm earned “Buy” rating on Monday, June 27 by Sandler O’Neill. Argus Research maintained the stock with “Buy” rating in Monday, November 6 report. Credit Suisse initiated the shares of MET in report on Friday, October 7 with “Neutral” rating. The company was maintained on Wednesday, February 14 by Morgan Stanley. The firm has “Hold” rating by Deutsche Bank given on Friday, May 4. Wells Fargo maintained the shares of MET in report on Tuesday, October 3 with “Buy” rating. The company was upgraded on Thursday, May 25 by FBR Capital.

The Charles Schwab Corporation (NYSE:SCHW) Institutional Positions Chart