The shares of MetLife, Inc. (NYSE:MET) has been pegged with a rating of Hold by Sandler O’Neill in its latest research note that was published on March 19th, 2019. Sandler O’Neill wasn’t the only research firm that published a report of MetLife, Inc., with other equities research analysts also giving their opinion on the stock. BofA/Merrill advised investors in its research note published on January 16th, 2019, to Buy the MET stock. The stock had earned Buy rating from Sandler O’Neill when it published its report on January 2nd, 2019. The stock was given Neutral rating by Goldman in its report released on June 4th, 2018. Credit Suisse was of a view that MET is Outperform in its latest report on April 25th, 2018 while giving it a price target of $67. Atlantic Equities thinks that MET is worth Overweight rating. This was contained in the firm’s report on March 26th, 2018.
Amongst the analysts that rated the stock, 1 have recommended investors to sell it, 7 believe it has the potential for further growth, thus rating it as Hold while 5 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $52.12. The price of the stock the last time has raised by 27.46% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 64.68.
The shares of the company dipped by 0.00% during the trading session on Wednesday, reaching a low of $47.70 while ending the day at $48.13. During the trading session, a total of 4.78 million shares were traded which represents a 11.41% incline from the average session volume which is 5.40M shares. MET had ended its last session trading at 48.13. MetLife, Inc. currently has a market cap of $46.04B, while its P/E ratio stands at 9.36, while its P/E earnings growth sits at 0.66, with a beta of 1.17. MetLife, Inc. debt-to-equity ratio currently stands at 0.28, while its quick ratio hovers at . MET 52-week low price stands at $37.76 while its 52-week high price is $50.40.
The company in its last quarterly report recorded $1.48 earnings per share which is above the $1.27 predicted by most analysts. The MetLife, Inc. generated $15,448.00 million in revenue during the last quarter, which is slightly lower than the $15,955.00 million predicted by analysts. In the second quarter last year, the firm recorded $1.35 earnings per share. Compared to the same quarter last year, the firm’s revenue was up by 8.78%. MetLife, Inc. has the potential to record 5.14 EPS for the current fiscal year, according to equities analysts.
Investment analysts at RBC Capital Mkts published a research note on May 3rd, 2019 where it informed investors and clients that Synchrony Financial (NYSE:SYF) is now rated as Outperform. Their price target on the stock stands at $39. BofA/Merrill also rated SYF as Upgrade on January 16th, 2019, with its price target of $22 suggesting that SYF could surge by 8.54% from its current share price. Even though the stock has been trading at $35.15/share, analysts expect it to surge higher by 0.26% to reach $38.53/share. It started the day trading at $35.42 and traded between $35.03 and $35.24 throughout the trading session.
A look at its technical shows that SYF’s 50-day SMA is 33.40 while its 200-day SMA stands at 30.09. The stock has a high of $36.32 for the year while the low is $21.77. The company’s P/E ratio currently sits at 7.88, while the P/B ratio is 1.69. At the moment, only of Synchrony Financial shares were sold short. The company’s average trading volume currently stands at 5.45M shares, which means that the short-interest ratio is just 1.33 days. Over the past seven days, the company moved, with its shift of 1.09%. Looking further, the stock has raised 10.89% over the past 90 days while it gained 36.01% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. GIC Pte Ltd sold more SYF shares, decreasing its portfolio by -0.21% during the last quarter. This move now sees GIC Pte Ltd selling -117,619 shares in the last quarter, thus it now holds 55,468,263 shares of SYF, with a total valuation of $1,923,084,678. The Vanguard Group Inc meanwhile bought more SYF shares in the recently filed quarter, changing its stake to $1,833,293,435 worth of shares. Fidelity Management Research Co followed the path by increasing its SYF portfolio by +0.33% in the quarter. This means that Fidelity Management Research Co bought 106,967 shares in the last quarter and now controls 32,232,588 shares of the SYF stock, with the valuation hitting $1,117,503,826.
Similarly, SSgA Funds Management Inc decreased its Synchrony Financial shares by -0.96% during the recently filed quarter. After selling -280,036 shares in the last quarter, the firm now controls 28,830,986 shares of Synchrony Financial which are valued at $999,570,285. In the same vein, Berkshire Hathaway Inc decreased its Synchrony Financial shares by during the most recent reported quarter. The firm sold 0 shares during the quarter which decreased its stakes to 20,803,000 shares and is now valued at $721,240,010. Following these latest developments, around 0.20% of Synchrony Financial stocks are owned by institutional investors and hedge funds.