Regentatlantic Capital Trimmed By $802,386 Its Metlife (MET) Stake; Mccormick & Co (MKC)’s Sentiment Is 0.86

October 12, 2017 - By Darrin Black

McCormick & Company, Incorporated is engaged in manufacturing, marketing and distributing spices, seasoning mixes, condiments and other flavorful products to the food industry, including retailers, food manufacturers and foodservice businesses. The company has market cap of $13.02 billion. The Company’s divisions include consumer and industrial. It has a 27.45 P/E ratio. The Firm is involved in the manufacturing and sales of flavorful products.

Regentatlantic Capital Llc decreased Metlife Inc (MET) stake by 9.48% reported in 2017Q2 SEC filing. Regentatlantic Capital Llc sold 14,859 shares as Metlife Inc (MET)’s stock declined 4.70%. The Regentatlantic Capital Llc holds 141,813 shares with $7.79M value, down from 156,672 last quarter. Metlife Inc now has $56.27 billion valuation. The stock rose 0.04% or $0.02 reaching $52.87. About 392,123 shares traded. Metlife Inc (NYSE:MET) has risen 13.92% since October 12, 2016 and is uptrending. It has underperformed by 2.78% the S&P500.

Among 15 analysts covering MetLife (NYSE:MET), 8 have Buy rating, 1 Sell and 6 Hold. Therefore 53% are positive. MetLife had 39 analyst reports since July 31, 2015 according to SRatingsIntel. Argus Research maintained the shares of MET in report on Wednesday, August 9 with “Buy” rating. Morgan Stanley maintained the stock with “Equal-Weight” rating in Thursday, October 5 report. On Monday, July 10 the stock rating was maintained by RBC Capital Markets with “Buy”. On Tuesday, January 19 the stock rating was maintained by RBC Capital Markets with “Outperform”. The firm earned “Sell” rating on Thursday, January 26 by Citigroup. Wells Fargo maintained Metlife Inc (NYSE:MET) on Wednesday, June 28 with “Buy” rating. The rating was upgraded by Deutsche Bank on Monday, January 23 to “Buy”. The stock has “Outperform” rating by FBR Capital on Monday, August 29. On Friday, August 4 the stock rating was maintained by RBC Capital Markets with “Buy”. The stock has “Equal-Weight” rating by Morgan Stanley on Wednesday, November 11.

Analysts await Metlife Inc (NYSE:MET) to report earnings on November, 1. They expect $1.04 EPS, down 18.75% or $0.24 from last year’s $1.28 per share. MET’s profit will be $1.11B for 12.71 P/E if the $1.04 EPS becomes a reality. After $1.30 actual EPS reported by Metlife Inc for the previous quarter, Wall Street now forecasts -20.00% negative EPS growth.

Investors sentiment decreased to 0.94 in 2017 Q2. Its down 0.06, from 1 in 2017Q1. It turned negative, 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. Moreover, Zurcher Kantonalbank (Zurich Cantonalbank) has 0.21% invested in Metlife Inc (NYSE:MET) for 393,371 shares. Meridian Inv Counsel has 1.78% invested in Metlife Inc (NYSE:MET) for 54,138 shares. Whittier Trust Of Nevada Inc invested in 25,264 shares or 0.13% of the stock. Blume Mgmt holds 3.61% of its portfolio in Metlife Inc (NYSE:MET) for 115,557 shares. Telos Management has 0.92% invested in Metlife Inc (NYSE:MET) for 41,938 shares. Pub Employees Retirement System Of Ohio invested 0.2% in Metlife Inc (NYSE:MET). Wealthcare Cap Ltd Liability Corporation reported 0% in Metlife Inc (NYSE:MET). Dodge & Cox holds 40.64M shares. Optimum Invest Advsrs invested in 14,548 shares. Balyasny Asset Mgmt Lc invested in 0.14% or 605,557 shares. 109,221 are owned by Bessemer Group. Flippin Bruce Porter holds 2.4% of its portfolio in Metlife Inc (NYSE:MET) for 194,129 shares. Pacific Global Invest Mngmt invested in 94,997 shares. First Personal Fincl Serv reported 2,588 shares. Richard Bernstein Advsr Ltd has 0.45% invested in Metlife Inc (NYSE:MET).

Regentatlantic Capital Llc increased Hewlett Packard Enterprise C stake by 34,813 shares to 425,271 valued at $7.06M in 2017Q2. It also upped Schwab Strategic Tr (FNDX) stake by 12,204 shares and now owns 305,379 shares. Colgate Palmolive Co (NYSE:CL) was raised too.

Since January 1, 0001, it had 1 insider purchase, and 0 insider sales for $249,050 activity.

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