Verizon Communications (VRNT) Holder Polaris Capital Management Lifted Its Stake by $3.12 Million as Shares Rose; As Metlife (MET) Stock Value Declined, First Allied Advisory Services Trimmed Its Stake by $1.53 Million

February 14, 2018 - By Marie Mckinney

First Allied Advisory Services Inc decreased its stake in Metlife Inc (MET) by 52.96% based on its latest 2017Q3 regulatory filing with the SEC. First Allied Advisory Services Inc sold 29,990 shares as the company’s stock declined 4.70% while stock markets rallied. The institutional investor held 26,642 shares of the finance company at the end of 2017Q3, valued at $1.38 million, down from 56,632 at the end of the previous reported quarter. First Allied Advisory Services Inc who had been investing in Metlife Inc for a number of months, seems to be less bullish one the $48.19B market cap company. The stock increased 1.31% or $0.59 during the last trading session, reaching $45.79. About 2.04 million shares traded. MetLife, Inc. (NYSE:MET) has risen 13.92% since February 14, 2017 and is uptrending. It has underperformed by 2.78% the S&P500.

Bernard Horn increased its stake in Verizon Communications (VRNT) by 13.54% based on its latest 2017Q3 regulatory filing with the SEC. Polaris Capital Management Llc bought 63,700 shares as the company’s stock rose 4.30% with the market. The hedge fund run by Bernard Horn held 534,196 shares of the edp services company at the end of 2017Q3, valued at $26.44M, up from 470,496 at the end of the previous reported quarter. Polaris Capital Management Llc who had been investing in Verizon Communications for a number of months, seems to be bullish on the $2.44 billion market cap company. The stock increased 0.26% or $0.1 during the last trading session, reaching $38.3. About 21,128 shares traded. Verint Systems Inc. (NASDAQ:VRNT) has risen 23.95% since February 14, 2017 and is uptrending. It has outperformed by 7.25% the S&P500.

Among 9 analysts covering Verint Systems (NASDAQ:VRNT), 6 have Buy rating, 1 Sell and 2 Hold. Therefore 67% are positive. Verint Systems had 31 analyst reports since September 3, 2015 according to SRatingsIntel. The firm has “Buy” rating by Goldman Sachs given on Friday, February 10. As per Wednesday, March 30, the company rating was downgraded by Credit Suisse. Imperial Capital maintained it with “Outperform” rating and $43 target in Friday, September 9 report. The firm earned “Outperform” rating on Friday, September 4 by RBC Capital Markets. The stock has “Buy” rating by RBC Capital Markets on Monday, September 18. The firm has “Hold” rating given on Wednesday, March 30 by Deutsche Bank. RBC Capital Markets maintained Verint Systems Inc. (NASDAQ:VRNT) on Sunday, October 22 with “Buy” rating. As per Thursday, September 7, the company rating was maintained by Deutsche Bank. RBC Capital Markets maintained it with “Buy” rating and $4800 target in Sunday, August 13 report. RBC Capital Markets maintained it with “Buy” rating and $4800 target in Thursday, June 8 report.

Investors sentiment increased to 1.47 in Q3 2017. Its up 0.33, from 1.14 in 2017Q2. It improved, as 20 investors sold VRNT shares while 56 reduced holdings. 26 funds opened positions while 86 raised stakes. 57.40 million shares or 0.12% less from 57.47 million shares in 2017Q2 were reported. California State Teachers Retirement System owns 100,131 shares or 0.01% of their US portfolio. Goldman Sachs Gru Incorporated holds 0.02% of its portfolio in Verint Systems Inc. (NASDAQ:VRNT) for 2.42 million shares. New York-based Citigroup has invested 0.01% in Verint Systems Inc. (NASDAQ:VRNT). Solaris Asset Ltd invested in 4,300 shares. Greenleaf holds 0% of its portfolio in Verint Systems Inc. (NASDAQ:VRNT) for 772 shares. Northern Corp holds 860,303 shares or 0.01% of its portfolio. Ameriprise Fin Inc holds 0.02% or 887,367 shares in its portfolio. Next Finance Gru reported 0% of its portfolio in Verint Systems Inc. (NASDAQ:VRNT). Cubist Systematic Strategies Ltd Limited Liability Company holds 15,682 shares. 8,700 are owned by Art Advsrs Ltd. Crow Point Prtn Limited Liability Com has invested 0.03% in Verint Systems Inc. (NASDAQ:VRNT). Barclays Pcl invested in 0.01% or 158,371 shares. Brandes Partners Lp reported 0.03% in Verint Systems Inc. (NASDAQ:VRNT). Bessemer Grp Inc holds 0.01% of its portfolio in Verint Systems Inc. (NASDAQ:VRNT) for 60,300 shares. Schwab Charles Invest Management holds 0.01% in Verint Systems Inc. (NASDAQ:VRNT) or 404,415 shares.

Investors sentiment decreased to 0.89 in 2017 Q3. Its down 0.05, from 0.94 in 2017Q2. It turned negative, 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. Ww Asset Mngmt Inc holds 0.16% of its portfolio in MetLife, Inc. (NYSE:MET) for 95,873 shares. Mufg Americas Hldgs accumulated 11,204 shares. Ronna Sue Cohen has invested 2.5% in MetLife, Inc. (NYSE:MET). Masters Cap Mgmt Ltd Liability owns 1.21% invested in MetLife, Inc. (NYSE:MET) for 1.00M shares. Toronto Dominion Retail Bank accumulated 445,177 shares. Newman Dignan And Sheerar has 12,683 shares for 0.35% of their portfolio. Moors Cabot Inc has 0.15% invested in MetLife, Inc. (NYSE:MET). Sii Investments Incorporated Wi, a Wisconsin-based fund reported 5,776 shares. The Illinois-based Rothschild Il has invested 1.39% in MetLife, Inc. (NYSE:MET). Citigroup reported 897,878 shares. First Fiduciary Invest Counsel Inc accumulated 306,685 shares. Verity Verity reported 45,263 shares stake. Riverpoint Ltd holds 0.05% or 14,189 shares. Jarislowsky Fraser Ltd holds 0.71% of its portfolio in MetLife, Inc. (NYSE:MET) for 2.28M shares. James Invest has invested 0.06% in MetLife, Inc. (NYSE:MET).

Among 16 analysts covering MetLife (NYSE:MET), 9 have Buy rating, 1 Sell and 6 Hold. Therefore 56% are positive. MetLife had 47 analyst reports since July 31, 2015 according to SRatingsIntel. RBC Capital Markets maintained MetLife, Inc. (NYSE:MET) rating on Monday, June 5. RBC Capital Markets has “Buy” rating and $6200 target. Argus Research maintained the shares of MET in report on Monday, November 6 with “Buy” rating. The firm has “Buy” rating by Wells Fargo given on Wednesday, August 2. Wells Fargo reinitiated MetLife, Inc. (NYSE:MET) on Friday, September 23 with “Outperform” rating. J.P. Morgan initiated MetLife, Inc. (NYSE:MET) rating on Monday, July 24. J.P. Morgan has “Hold” rating and $7800 target. RBC Capital Markets maintained the shares of MET in report on Monday, October 9 with “Buy” rating. On Friday, July 31 the stock rating was maintained by Deutsche Bank with “Buy”. The rating was upgraded by Macquarie Research to “Outperform” on Thursday, January 14. FBR Capital upgraded the shares of MET in report on Thursday, May 25 to “Outperform” rating. On Thursday, January 26 the stock rating was initiated by Citigroup with “Sell”.

First Allied Advisory Services Inc, which manages about $4.57 billion and $2.32B US Long portfolio, upped its stake in Wisdomtree Tr (DON) by 6,343 shares to 13,365 shares, valued at $1.33 million in 2017Q3, according to the filing. It also increased its holding in Ishares Tr (IVW) by 30,857 shares in the quarter, for a total of 81,808 shares, and has risen its stake in Jpmorgan Chase & Co (NYSE:JPM).

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