Aperio Group Has Cut Holding in Huaneng Power Intl Sp (HNP) as Stock Rose; As Metlife (MET) Stock Value Declined, Benin Management Has Raised Holding

January 13, 2018 - By Vivian Park

Benin Management Corp increased its stake in Metlife Inc (MET) by 302.98% based on its latest 2017Q3 regulatory filing with the SEC. Benin Management Corp bought 12,725 shares as the company’s stock declined 4.70% while stock markets rallied. The institutional investor held 16,925 shares of the finance company at the end of 2017Q3, valued at $879,000, up from 4,200 at the end of the previous reported quarter. Benin Management Corp who had been investing in Metlife Inc for a number of months, seems to be bullish on the $56.12 billion market cap company. The stock decreased 0.30% or $0.16 during the last trading session, reaching $53.33. About 5.48 million shares traded or 28.20% up from the average. MetLife, Inc. (NYSE:MET) has risen 13.92% since January 13, 2017 and is uptrending. It has underperformed by 2.78% the S&P500.

Aperio Group Llc decreased its stake in Huaneng Power Intl Sp (HNP) by 28.62% based on its latest 2017Q3 regulatory filing with the SEC. Aperio Group Llc sold 16,625 shares as the company’s stock rose 8.34% with the market. The institutional investor held 41,469 shares of the public utilities company at the end of 2017Q3, valued at $1.01M, down from 58,094 at the end of the previous reported quarter. Aperio Group Llc who had been investing in Huaneng Power Intl Sp for a number of months, seems to be less bullish one the $11.92 billion market cap company. The stock increased 1.31% or $0.34 during the last trading session, reaching $26.38. About 59,398 shares traded. Huaneng Power International, Inc. (NYSE:HNP) has risen 13.77% since January 13, 2017 and is uptrending. It has underperformed by 2.93% the S&P500.




Among 16 analysts covering MetLife (NYSE:MET), 9 have Buy rating, 1 Sell and 6 Hold. Therefore 56% are positive. MetLife had 46 analyst reports since July 31, 2015 according to SRatingsIntel. The stock of MetLife, Inc. (NYSE:MET) has “Outperform” rating given on Thursday, May 25 by FBR Capital. As per Friday, August 11, the company rating was maintained by Barclays Capital. Citigroup initiated the stock with “Sell” rating in Thursday, January 26 report. The firm has “Hold” rating by Credit Suisse given on Monday, August 28. The stock of MetLife, Inc. (NYSE:MET) earned “Neutral” rating by FBR Capital on Tuesday, October 10. The rating was maintained by Argus Research on Wednesday, August 9 with “Buy”. On Thursday, October 5 the stock rating was maintained by Morgan Stanley with “Equal-Weight”. The rating was maintained by Wells Fargo with “Buy” on Friday, May 5. The stock of MetLife, Inc. (NYSE:MET) earned “Buy” rating by Wells Fargo on Wednesday, April 19. The rating was maintained by RBC Capital Markets on Monday, October 9 with “Buy”.

Benin Management Corp, which manages about $278.88 million and $248.13M US Long portfolio, decreased its stake in Fedex Corp (NYSE:FDX) by 1,900 shares to 23,215 shares, valued at $5.24M in 2017Q3, according to the filing. It also reduced its holding in Pnc Finl Svcs Group Inc (NYSE:PNC) by 2,600 shares in the quarter, leaving it with 49,753 shares, and cut its stake in Jpmorgan Chase & Co (NYSE:JPM).

Investors sentiment decreased to 0.89 in 2017 Q3. Its down 0.05, from 0.94 in 2017Q2. It worsened, as 61 investors sold MET shares while 336 reduced holdings. 65 funds opened positions while 289 raised stakes. 784.85 million shares or 1.65% more from 772.09 million shares in 2017Q2 were reported. Utah Retirement reported 0.19% stake. Westwood Gp invested 0.02% in MetLife, Inc. (NYSE:MET). Lombard Odier Asset Management (Europe) Limited holds 11,158 shares. Shine Invest Advisory Svcs Inc has invested 0.03% in MetLife, Inc. (NYSE:MET). 15,116 are owned by Nbt Natl Bank N A New York. Jacobs Levy Equity owns 21,010 shares or 0.02% of their US portfolio. Flippin Bruce And Porter reported 192,079 shares or 2.2% of all its holdings. Dimensional Fund Advisors LP owns 5.78 million shares. North Point Managers Oh holds 0.04% of its portfolio in MetLife, Inc. (NYSE:MET) for 4,533 shares. Ferguson Wellman Capital Management Incorporated reported 264,515 shares or 0.5% of all its holdings. Glenmede Na reported 59,848 shares. Graybill Bartz And Associate has 58,995 shares for 2.27% of their portfolio. Parametric Associate Lc has invested 0.16% in MetLife, Inc. (NYSE:MET). Ameriprise Inc holds 0.23% or 9.43 million shares. Fruth Mngmt has 26,207 shares for 0.62% of their portfolio.

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