Metlife Com (MET) Holding Has Raised by Smithbridge Asset Management Inc; Eaton Vance (EV) Stock Value Rose While London Co Of Virginia Has Cut Stake by $18.47 Million

January 14, 2018 - By Peter Kolinski

Smithbridge Asset Management Inc increased its stake in Metlife Inc Com (MET) by 30.03% based on its latest 2017Q3 regulatory filing with the SEC. Smithbridge Asset Management Inc bought 6,900 shares as the company’s stock declined 4.70% while stock markets rallied. The institutional investor held 29,878 shares of the finance company at the end of 2017Q3, valued at $1.55 million, up from 22,978 at the end of the previous reported quarter. Smithbridge Asset Management Inc who had been investing in Metlife Inc Com for a number of months, seems to be bullish on the $56.12B market cap company. The stock decreased 0.30% or $0.16 during the last trading session, reaching $53.33. About 5.48M shares traded or 27.99% up from the average. MetLife, Inc. (NYSE:MET) has risen 13.92% since January 14, 2017 and is uptrending. It has underperformed by 2.78% the S&P500.

London Co Of Virginia decreased its stake in Eaton Vance Corp (EV) by 18.92% based on its latest 2017Q3 regulatory filing with the SEC. London Co Of Virginia sold 376,848 shares as the company’s stock rose 3.10% with the market. The institutional investor held 1.61M shares of the investment managers company at the end of 2017Q3, valued at $79.72M, down from 1.99M at the end of the previous reported quarter. London Co Of Virginia who had been investing in Eaton Vance Corp for a number of months, seems to be less bullish one the $6.92 billion market cap company. The stock increased 0.77% or $0.46 during the last trading session, reaching $60.45. About 563,279 shares traded. Eaton Vance Corp. (NYSE:EV) has risen 29.11% since January 14, 2017 and is uptrending. It has outperformed by 12.41% 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. On Tuesday, October 10 the stock rating was downgraded by FBR Capital to “Neutral”. The company was maintained on Wednesday, April 19 by Wells Fargo. The rating was maintained by Wells Fargo on Wednesday, August 2 with “Buy”. Morgan Stanley downgraded it to “Equal-Weight” rating and $56 target in Wednesday, November 11 report. The stock of MetLife, Inc. (NYSE:MET) has “Sell” rating given on Thursday, January 26 by Citigroup. The stock of MetLife, Inc. (NYSE:MET) has “Neutral” rating given on Tuesday, January 5 by Citigroup. The stock of MetLife, Inc. (NYSE:MET) earned “Buy” rating by Deutsche Bank on Friday, July 31. The stock has “Outperform” rating by FBR Capital on Monday, August 29. Macquarie Research upgraded the stock to “Outperform” rating in Thursday, January 14 report. The stock has “Hold” rating by Sandler O’Neill on Friday, November 10.

Smithbridge Asset Management Inc, which manages about $174.53M and $141.99 million US Long portfolio, decreased its stake in Skyworks Solutions Inc Com (NASDAQ:SWKS) by 4,450 shares to 32,315 shares, valued at $3.29M in 2017Q3, according to the filing.

Investors sentiment decreased to 0.89 in Q3 2017. 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. Gw Henssler And Associate owns 121,267 shares for 0.63% of their portfolio. Comm Commercial Bank has invested 0.02% in MetLife, Inc. (NYSE:MET). Moreover, Smithfield has 0.01% invested in MetLife, Inc. (NYSE:MET) for 1,183 shares. Manufacturers Life Ins The holds 0.09% or 1.48 million shares. Evercore Wealth Management Limited Liability Com reported 9,960 shares. State Of Wisconsin Investment Board reported 0.21% in MetLife, Inc. (NYSE:MET). 109,256 were accumulated by Afam Cap. Atlantic Gp Limited Com has 0.01% invested in MetLife, Inc. (NYSE:MET). Price T Rowe Md holds 25.03 million shares or 0.22% of its portfolio. Hightower Advisors Limited Liability Corporation owns 321,039 shares. Dimensional Fund Advsr Ltd Partnership holds 5.78M shares. Geode Ltd Liability reported 10.33 million shares. Commonwealth Equity Services Incorporated holds 148,595 shares. Prudential Public Limited Com invested in 1.36M shares. Obermeyer Wood Inv Counsel Lllp accumulated 423,100 shares.

Since August 31, 2017, it had 0 insider purchases, and 19 insider sales for $30.78 million activity. $3.69M worth of stock was sold by FAUST THOMAS E JR on Tuesday, October 17. HYLTON LAURIE G sold $1.08 million worth of Eaton Vance Corp. (NYSE:EV) on Thursday, October 12. On Wednesday, September 20 the insider HIGDON LEO I JR sold $330,085. Langstraat Brian D. had sold 12,867 shares worth $634,424. 6,495 shares were sold by PUHY DOROTHY E, worth $320,696 on Thursday, September 28. Witkos Matthew J sold $4.24 million worth of stock or 82,617 shares.

Investors sentiment decreased to 1.07 in 2017 Q3. Its down 0.49, from 1.56 in 2017Q2. It dropped, as 42 investors sold EV shares while 87 reduced holdings. 40 funds opened positions while 98 raised stakes. 79.77 million shares or 1.27% more from 78.77 million shares in 2017Q2 were reported. Three Corner Investors LP reported 253,000 shares or 3.5% of all its holdings. Frontier Inv Management accumulated 98,000 shares. 1,255 are owned by Ledyard Bancorporation. California Employees Retirement Sys reported 254,261 shares. The Nebraska-based Ameritas Invest Prtnrs has invested 0.08% in Eaton Vance Corp. (NYSE:EV). Barclays Public Limited Company stated it has 0% of its portfolio in Eaton Vance Corp. (NYSE:EV). Mason Street Lc stated it has 57,070 shares or 0.07% of all its holdings. Schroder Management Grp Incorporated owns 0.01% invested in Eaton Vance Corp. (NYSE:EV) for 145,304 shares. Susquehanna Group Inc Llp has invested 0% in Eaton Vance Corp. (NYSE:EV). Liberty Mutual Group Inc Asset Mgmt has invested 0.08% of its portfolio in Eaton Vance Corp. (NYSE:EV). Arcadia Inv Mgmt Mi has invested 0.02% in Eaton Vance Corp. (NYSE:EV). The Massachusetts-based Boston Private Wealth Lc has invested 0.09% in Eaton Vance Corp. (NYSE:EV). British Columbia Invest Management Corp holds 0.04% or 91,871 shares in its portfolio. United Kingdom-based Ahl Ptnrs Llp has invested 0.02% in Eaton Vance Corp. (NYSE:EV). National Bank & Trust Of America De owns 1.28M shares or 0.01% of their US portfolio.

Among 13 analysts covering Eaton Vance Corp. (NYSE:EV), 3 have Buy rating, 0 Sell and 10 Hold. Therefore 23% are positive. Eaton Vance Corp. had 43 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Thursday, September 28. The stock of Eaton Vance Corp. (NYSE:EV) earned “Outperform” rating by RBC Capital Markets on Wednesday, November 25. The firm earned “Hold” rating on Thursday, August 24 by J.P. Morgan. As per Tuesday, February 21, the company rating was upgraded by Bank of America. Keefe Bruyette & Woods maintained the stock with “Market Perform” rating in Friday, May 27 report. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Thursday, December 21. As per Friday, May 27, the company rating was maintained by Wood. The firm has “Hold” rating given on Thursday, August 17 by Jefferies. As per Thursday, August 20, the company rating was upgraded by Citigroup. Jefferies maintained Eaton Vance Corp. (NYSE:EV) on Wednesday, October 7 with “Hold” rating.

Analysts await Eaton Vance Corp. (NYSE:EV) to report earnings on February, 28. They expect $0.69 earnings per share, up 30.19% or $0.16 from last year’s $0.53 per share. EV’s profit will be $78.94M for 21.90 P/E if the $0.69 EPS becomes a reality. After $0.70 actual earnings per share reported by Eaton Vance Corp. for the previous quarter, Wall Street now forecasts -1.43% negative EPS growth.

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