Beacon Financial Group Has Trimmed Metlife (MET) Holding; Viad (VVI) SI Increased By 25.54%

Beacon Financial Group decreased Metlife Inc (MET) stake by 95.97% reported in 2017Q3 SEC filing. Beacon Financial Group sold 141,106 shares as Metlife Inc (MET)’s stock declined 4.70%. The Beacon Financial Group holds 5,930 shares with $308,000 value, down from 147,036 last quarter. Metlife Inc now has $53.42 billion valuation. The stock decreased 0.53% or $0.27 during the last trading session, reaching $50.76. About 4.24 million shares traded. MetLife, Inc. (NYSE:MET) has risen 13.92% since December 24, 2016 and is uptrending. It has underperformed by 2.78% the S&P500.

Viad Corporation (NYSE:VVI) had an increase of 25.54% in short interest. VVI’s SI was 198,600 shares in December as released by FINRA. Its up 25.54% from 158,200 shares previously. With 89,200 avg volume, 2 days are for Viad Corporation (NYSE:VVI)’s short sellers to cover VVI’s short positions. The SI to Viad Corporation’s float is 1.14%. The stock increased 0.09% or $0.05 during the last trading session, reaching $57.15. About 50,891 shares traded. Viad Corp (NYSE:VVI) has risen 43.02% since December 24, 2016 and is uptrending. It has outperformed by 26.32% the S&P500.

Beacon Financial Group increased First Trust Iv Tactical High Yield (HYLS) stake by 20,443 shares to 292,997 valued at $14.37M in 2017Q3. It also upped Novartis Ag (NYSE:NVS) stake by 6,713 shares and now owns 30,879 shares. Ishares (SUB) was raised too.

Analysts await MetLife, Inc. (NYSE:MET) to report earnings on February, 7. They expect $1.11 earnings per share, down 17.78% or $0.24 from last year’s $1.35 per share. MET’s profit will be $1.17B for 11.43 P/E if the $1.11 EPS becomes a reality. After $1.09 actual earnings per share reported by MetLife, Inc. for the previous quarter, Wall Street now forecasts 1.83% EPS growth.

Among 16 analysts covering MetLife (NYSE:MET), 9 have Buy rating, 1 Sell and 6 Hold. Therefore 56% are positive. MetLife has $7800 highest and $46 lowest target. $58.75’s average target is 15.74% above currents $50.76 stock price. MetLife had 46 analyst reports since July 31, 2015 according to SRatingsIntel. The stock of MetLife, Inc. (NYSE:MET) has “Buy” rating given on Monday, June 27 by Sandler O’Neill. The company was maintained on Tuesday, September 5 by RBC Capital Markets. Barclays Capital maintained it with “Overweight” rating and $60 target in Friday, August 11 report. The rating was maintained by Wells Fargo on Wednesday, August 2 with “Buy”. The firm has “Buy” rating given on Friday, November 3 by RBC Capital Markets. Argus Research maintained the stock with “Buy” rating in Wednesday, August 9 report. The rating was downgraded by Deutsche Bank to “Hold” on Wednesday, July 13. The rating was maintained by Wells Fargo on Friday, May 5 with “Buy”. Credit Suisse maintained the stock with “Hold” rating in Monday, August 28 report. The firm earned “Outperform” rating on Friday, September 23 by Wells Fargo.

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. United Service Automobile Association invested 0.12% of its portfolio in MetLife, Inc. (NYSE:MET). Estabrook Capital Mngmt holds 400 shares. Riverpoint Cap Ltd Com invested in 0.05% or 14,189 shares. American Tx reported 0.42% stake. Loring Wolcott Coolidge Fiduciary Llp Ma has 298 shares. Next Fincl Grp owns 0.13% invested in MetLife, Inc. (NYSE:MET) for 9,095 shares. Rampart Inv holds 0.23% or 13,337 shares in its portfolio. Parsons Cap Management Ri, a Rhode Island-based fund reported 18,296 shares. Schwab Charles Inc owns 3.60M shares for 0.16% of their portfolio. Meiji Yasuda Asset Mngmt Ltd invested 0.07% of its portfolio in MetLife, Inc. (NYSE:MET). Meridian Invest Counsel has 54,138 shares. Hussman Strategic Advsrs holds 76,100 shares or 0.96% of its portfolio. Caprock Gp reported 13,100 shares. Alphaone Serv Ltd Com has 1,499 shares for 0.02% of their portfolio. Barclays Public Limited Co holds 1.63M shares.