Moneta Group Investment Advisors Increased Its Suntrust Bks Com (STI) Holding; Clearbridge Has Decreased Metlife (MET) Position

November 15, 2017 - By Marie Mckinney

Clearbridge Llc decreased Metlife Inc (MET) stake by 0.44% reported in 2017Q2 SEC filing. Clearbridge Llc sold 7,950 shares as Metlife Inc (MET)’s stock declined 4.70%. The Clearbridge Llc holds 1.81 million shares with $99.59 million value, down from 1.82M last quarter. Metlife Inc now has $54.72B valuation. It closed at $52 lastly. It is down 13.92% since November 15, 2016 and is uptrending. It has underperformed by 2.78% the S&P500.

Moneta Group Investment Advisors Llc increased Suntrust Bks Inc Com (STI) stake by 251.9% reported in 2017Q2 SEC filing. Moneta Group Investment Advisors Llc acquired 30,140 shares as Suntrust Bks Inc Com (STI)’s stock declined 9.30%. The Moneta Group Investment Advisors Llc holds 42,105 shares with $2.39M value, up from 11,965 last quarter. Suntrust Bks Inc Com now has $27.44B valuation. The stock declined 2.46% or $1.42 reaching $56.22 on the news. About 12,913 shares traded. SunTrust Banks, Inc. (NYSE:STI) has risen 26.82% since November 15, 2016 and is uptrending. It has outperformed by 10.12% the S&P500.

Clearbridge Llc increased Murphy Usa Inc (NYSE:MUSA) stake by 24,871 shares to 294,385 valued at $21.82M in 2017Q2. It also upped Devon Energy Corp New (NYSE:DVN) stake by 153,500 shares and now owns 1.36M shares. United Nat Foods Inc (NASDAQ:UNFI) was raised too.

Among 15 analysts covering MetLife (NYSE:MET), 8 have Buy rating, 1 Sell and 6 Hold. Therefore 53% are positive. MetLife had 45 analyst reports since July 31, 2015 according to SRatingsIntel. Wells Fargo maintained the shares of MET in report on Friday, May 5 with “Buy” rating. The rating was initiated by Citigroup with “Sell” on Thursday, January 26. The stock of Metlife Inc (NYSE:MET) earned “Buy” rating by RBC Capital Markets on Tuesday, September 5. Argus Research maintained Metlife Inc (NYSE:MET) on Monday, November 6 with “Buy” rating. Morgan Stanley maintained the stock with “Equal-Weight” rating in Friday, November 3 report. FBR Capital maintained Metlife Inc (NYSE:MET) rating on Monday, August 29. FBR Capital has “Outperform” rating and $54 target. RBC Capital Markets maintained Metlife Inc (NYSE:MET) rating on Friday, August 4. RBC Capital Markets has “Buy” rating and $5600 target. The firm has “Buy” rating by Wells Fargo given on Monday, July 10. The stock has “Buy” rating by Wells Fargo on Wednesday, August 2. The rating was upgraded by Raymond James on Friday, January 22 to “Strong Buy”.

Investors sentiment decreased to 0.94 in Q2 2017. Its down 0.06, from 1 in 2017Q1. It dived, as 65 investors sold MET shares while 349 reduced holdings. 81 funds opened positions while 307 raised stakes. 772.09 million shares or 1.67% less from 785.23 million shares in 2017Q1 were reported. Gw Henssler owns 113,986 shares for 0.65% of their portfolio. Alpha Windward Ltd Com reported 3,305 shares. Confluence Wealth Management Ltd Liability stated it has 7,863 shares or 0.2% of all its holdings. Ssi Incorporated invested 0.03% in Metlife Inc (NYSE:MET). Jennison Associate Lc holds 3.33 million shares or 0.19% of its portfolio. Dubuque Bancorporation Commerce accumulated 840 shares or 0.01% of the stock. Fire Grp owns 1,800 shares for 0.04% of their portfolio. Nj State Employees Deferred Compensation Plan accumulated 22,766 shares. Van Hulzen Asset Mngmt Ltd Llc has invested 1.72% of its portfolio in Metlife Inc (NYSE:MET). Moreover, Ironsides Asset Advsr Ltd Liability Co has 0.64% invested in Metlife Inc (NYSE:MET). Blair William Il has invested 0.04% in Metlife Inc (NYSE:MET). Victory Capital Mngmt has invested 0% in Metlife Inc (NYSE:MET). Fmr Ltd Liability Corp reported 0.12% in Metlife Inc (NYSE:MET). Nelson Van Denburg Campbell Wealth Management Grp Incorporated Limited Liability Company stated it has 0.07% of its portfolio in Metlife Inc (NYSE:MET). Bb&T invested 0.07% of its portfolio in Metlife Inc (NYSE:MET).

Analysts await Metlife Inc (NYSE:MET) to report earnings on February, 7. They expect $1.12 earnings per share, down 17.04% or $0.23 from last year’s $1.35 per share. MET’s profit will be $1.18B for 11.61 P/E if the $1.12 EPS becomes a reality. After $1.09 actual earnings per share reported by Metlife Inc for the previous quarter, Wall Street now forecasts 2.75% EPS growth.

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