Equinix (EQIX) Holder Lateef Investment Management LP Has Increased Stake; As Metlife (MET) Share Price Rose, Nli International Decreased Position

June 21, 2018 - By Vivian Park

Equinix, Inc. (NASDAQ:REIT) Logo

Lateef Investment Management Lp increased its stake in Equinix Inc (EQIX) by 63.55% based on its latest 2018Q1 regulatory filing with the SEC. Lateef Investment Management Lp bought 26,552 shares as the company’s stock declined 1.56% with the market. The institutional investor held 68,332 shares of the consumer services company at the end of 2018Q1, valued at $28.57M, up from 41,780 at the end of the previous reported quarter. Lateef Investment Management Lp who had been investing in Equinix Inc for a number of months, seems to be bullish on the $32.64B market cap company. The stock increased 2.23% or $8.96 during the last trading session, reaching $410.72. About 1.11M shares traded or 96.43% up from the average. Equinix, Inc. (NASDAQ:EQIX) has declined 12.79% since June 21, 2017 and is downtrending. It has underperformed by 25.36% the S&P500.

Nli International Inc decreased its stake in Metlife Inc (MET) by 13.04% based on its latest 2018Q1 regulatory filing with the SEC. Nli International Inc sold 25,430 shares as the company’s stock rose 0.25% while stock markets declined. The institutional investor held 169,520 shares of the finance company at the end of 2018Q1, valued at $7.78M, down from 194,950 at the end of the previous reported quarter. Nli International Inc who had been investing in Metlife Inc for a number of months, seems to be less bullish one the $46.55B market cap company. The stock increased 0.13% or $0.06 during the last trading session, reaching $45.79. About 7.35M shares traded or 31.35% up from the average. MetLife, Inc. (NYSE:MET) has risen 4.50% since June 21, 2017 and is uptrending. It has underperformed by 8.07% the S&P500. Some Historical MET News: 07/03/2018 – MetLife: Debel to Remain Interim U.S. CFO Until Successor Named; 16/03/2018 – KBC GROEP NV KBC.BR – COMPLETES ACQUISITION OF METLIFE’S 40% STAKE IN UBB-METLIFE JOINT VENTURE (BULGARIA); 23/03/2018 – Glancy Prongay & Murray LLP Announces the Filing of a Securities Class Action on Behalf of MetLife, Inc. Investors (MET); 01/05/2018 – METLIFE INVESTMENT CHIEF COMMENTS ON ASSET-MANAGER OPPORTUNITY; 21/05/2018 – MetLife: Facebook Inc. Has Signed a Long-Term Lease for All of Park Tower at Transbay in San Francisco; 15/03/2018 – New York Post: WrestleMania is coming back to MetLife Stadium; 13/03/2018 – MetLife Auto & Home® Launches SnapQuote® — A Digital Insurance Marketplace to Deliver Simplified Quote-to-Purchase Experience; 01/05/2018 – MetLife Financial Chief Hele to Depart, Succeeded by McCallion; 02/05/2018 – MetLife 1Q Net Investment Income $4.2B; 15/03/2018 – Glancy Prongay & Murray LLP Continues Investigation on Behalf of MetLife, Inc. Investors (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 9.70 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.

More recent MetLife, Inc. (NYSE:MET) news were published by: Globenewswire.com which released: “Lawsuit for Investors in NYSE: MET shares against MetLife announced by Shareholders Foundation” on May 30, 2018. Also Seekingalpha.com published the news titled: “MetLife: This 5.625% Preferred Stock Has Begun Trading On The NYSE” on June 09, 2018. Streetinsider.com‘s news article titled: “Monument Re Buys Portfolio From Metlife Europe DAC (MET)” with publication date: June 20, 2018 was also an interesting one.

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 24.92% above currents $45.79 stock price. MetLife had 59 analyst reports since July 31, 2015 according to SRatingsIntel. The rating was reinitiated by Wells Fargo with “Outperform” on Friday, September 23. The firm has “Hold” rating given on Monday, July 24 by J.P. Morgan. The firm earned “Outperform” rating on Tuesday, January 30 by Wells Fargo. The firm has “Strong Buy” rating given on Friday, January 22 by Raymond James. Citigroup initiated the shares of MET in report on Thursday, January 26 with “Sell” rating. The rating was maintained by Wells Fargo with “Buy” on Wednesday, June 28. The rating was initiated by Bank of America with “Hold” on Monday, March 26. The stock has “Overweight” rating by Barclays Capital on Friday, August 11. The stock of MetLife, Inc. (NYSE:MET) earned “Overweight” rating by Atlantic Securities on Monday, March 26. As per Monday, June 27, the company rating was upgraded by Sandler O’Neill.

Investors sentiment decreased to 0.72 in Q1 2018. Its down 0.30, from 1.02 in 2017Q4. It worsened, as 101 investors sold MET 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. Marathon Mngmt reported 34,340 shares. Bridgewater Assocs LP reported 17,815 shares. The North Carolina-based Wedge Cap Management L Limited Partnership Nc has invested 0.32% in MetLife, Inc. (NYSE:MET). Dean Associates Ltd Liability has 0.28% invested in MetLife, Inc. (NYSE:MET) for 41,661 shares. 1,689 are owned by Arrow Finance. Logan Capital Mgmt Incorporated owns 0.52% invested in MetLife, Inc. (NYSE:MET) for 159,814 shares. Goldman Sachs Grp has invested 0.1% of its portfolio in MetLife, Inc. (NYSE:MET). Leuthold Ltd holds 0.37% or 70,319 shares in its portfolio. Putnam Invests Ltd Liability Company holds 26,873 shares. Pinnacle Associate Limited holds 0.25% or 273,089 shares in its portfolio. Savings Bank Of Montreal Can stated it has 0.12% in MetLife, Inc. (NYSE:MET). California Public Employees Retirement stated it has 2.37M shares. Moreover, Farmers Comml Bank has 0.04% invested in MetLife, Inc. (NYSE:MET) for 1,431 shares. Synovus Financial Corp owns 6,140 shares or 0% of their US portfolio. First Midwest Commercial Bank Trust Division reported 20,033 shares stake.

Nli International Inc, which manages about $9.21 billion and $1.22B US Long portfolio, upped its stake in Amazon Com Inc (NASDAQ:AMZN) by 360 shares to 30,020 shares, valued at $43.45M in 2018Q1, according to the filing. It also increased its holding in Royal Caribbean Cruises Ltd (NYSE:RCL) by 18,410 shares in the quarter, for a total of 37,040 shares, and has risen its stake in Honeywell Intl Inc (NYSE:HON).

Lateef Investment Management Lp, which manages about $5.98 billion and $770.31 million US Long portfolio, decreased its stake in Autodesk Inc (NASDAQ:ADSK) by 17,806 shares to 410,308 shares, valued at $51.53M in 2018Q1, according to the filing. It also reduced its holding in Delphi Technologies Plc by 15,294 shares in the quarter, leaving it with 259,426 shares, and cut its stake in Canadian Pac Ry Ltd (NYSE:CP).

Investors sentiment decreased to 1.27 in Q1 2018. Its down 0.06, from 1.33 in 2017Q4. It dived, as 49 investors sold EQIX shares while 162 reduced holdings. 77 funds opened positions while 192 raised stakes. 76.70 million shares or 3.56% more from 74.06 million shares in 2017Q4 were reported. Muzinich And has 388 shares. Ems Cap LP invested in 739 shares. Uss Management Limited owns 571,111 shares. 9,475 are held by Susquehanna International Gp Ltd Liability Partnership. Farmers And Merchants Investments reported 27 shares. Meiji Yasuda Asset Mgmt Ltd holds 3,123 shares or 0.12% of its portfolio. Korea Inv Corporation has invested 0.21% in Equinix, Inc. (NASDAQ:REIT). Dimensional Fund Advsr Limited Partnership invested 0.2% in Equinix, Inc. (NASDAQ:REIT). Cramer Rosenthal Mcglynn Limited Liability Company holds 41,451 shares or 0.28% of its portfolio. Mutual Of America Mgmt owns 0.07% invested in Equinix, Inc. (NASDAQ:REIT) for 10,123 shares. Stephens Inc Ar reported 19,220 shares. Spo Advisory Corp holds 9.98% or 1.16 million shares in its portfolio. Global X Lc, a New York-based fund reported 1,376 shares. Thornburg Investment Mngmt has invested 0.01% in Equinix, Inc. (NASDAQ:REIT). Green Street Investors Limited Liability has invested 6.83% in Equinix, Inc. (NASDAQ:REIT).

MetLife, Inc. (NYSE:MET) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:


Recent Posts