NewEdge Advisors LLC Boosts Holdings in MetLife, Inc. $MET
MarketBeat
NewEdge Advisors LLC significantly increased its stake in MetLife, Inc. by 20.1% during the second quarter, now holding 74,002 shares valued at $6.26 million. Institutional investors collectively own a substantial 94.99% of MetLife's stock, reflecting strong confidence. The company also reported better-than-expected quarterly EPS, a 10.5% year-over-year revenue increase, a $0.5925 quarterly dividend, and authorized a $3 billion share-repurchase program.
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