MetLife Update: Institutional Share Purchases, Earnings Beat, and Dividend
An institutional investor bought 151,290 shares of MetLife worth about $12.8 million, raising its position after additional purchases. Wedmont Private Capital increased holdings as well. Several analysts lifted price targets and reiterated ratings. MetLife reported quarterly EPS of $2.43, beating estimates, while revenue was $13.52 billion versus $19.67 billion expected, and it set a $0.5925 dividend.