Rnc Capital Management Continues to Hold Stake in Metlife (MET); First National Bank Of Mount Dora Trust Investment Services Decreased Its Express Scripts Hldg Co (ESRX) Stake as Stock Value Declined

January 17, 2018 - By Peter Erickson

First National Bank Of Mount Dora Trust Investment Services decreased its stake in Express Scripts Hldg Co (ESRX) by 25.85% based on its latest 2017Q3 regulatory filing with the SEC. First National Bank Of Mount Dora Trust Investment Services sold 6,275 shares as the company’s stock declined 14.09% while stock markets rallied. The institutional investor held 18,003 shares of the medical and nursing services company at the end of 2017Q3, valued at $1.14 million, down from 24,278 at the end of the previous reported quarter. First National Bank Of Mount Dora Trust Investment Services who had been investing in Express Scripts Hldg Co for a number of months, seems to be less bullish one the $45.83B market cap company. The stock increased 0.63% or $0.51 during the last trading session, reaching $80.92. About 392,758 shares traded. Express Scripts Holding Company (NASDAQ:ESRX) has declined 16.92% since January 17, 2017 and is downtrending. It has underperformed by 33.62% the S&P500.

Rnc Capital Management Llc increased its stake in Metlife Inc (MET) by 84.44% based on its latest 2017Q3 regulatory filing with the SEC. Rnc Capital Management Llc bought 360,588 shares as the company’s stock declined 4.70% while stock markets rallied. The institutional investor held 787,644 shares of the finance company at the end of 2017Q3, valued at $40.92 million, up from 427,056 at the end of the previous reported quarter. Rnc Capital Management Llc who had been investing in Metlife Inc for a number of months, seems to be bullish on the $55.31B market cap company. The stock increased 1.38% or $0.72 during the last trading session, reaching $52.56. About 729,773 shares traded. MetLife, Inc. (NYSE:MET) has risen 13.92% since January 17, 2017 and is uptrending. It has underperformed by 2.78% the S&P500.

Investors sentiment increased to 0.62 in 2017 Q3. Its up 0.06, from 0.56 in 2017Q2. It increased, as 66 investors sold ESRX shares while 414 reduced holdings. 72 funds opened positions while 224 raised stakes. 486.80 million shares or 2.59% less from 499.72 million shares in 2017Q2 were reported. Highstreet Asset Mgmt has 0.09% invested in Express Scripts Holding Company (NASDAQ:ESRX) for 15,456 shares. Alpine Woods Cap Invsts Ltd Liability Corporation has 0.25% invested in Express Scripts Holding Company (NASDAQ:ESRX) for 77,706 shares. Massachusetts Financial Ma reported 0.17% in Express Scripts Holding Company (NASDAQ:ESRX). Gotham Asset Management Ltd Liability Company holds 865,757 shares. Twin Capital reported 83,207 shares. New Mexico Educational Retirement Board invested 0.16% in Express Scripts Holding Company (NASDAQ:ESRX). Community Bank Na stated it has 744 shares or 0.01% of all its holdings. Convergence Partners Ltd Liability Co stated it has 50,024 shares or 0.45% of all its holdings. Endurance Wealth reported 721 shares or 0.01% of all its holdings. First Republic Invest stated it has 0.02% of its portfolio in Express Scripts Holding Company (NASDAQ:ESRX). 648,922 are held by Aperio Group Incorporated Limited Liability Corp. Nationwide Fund Advsrs has 264,139 shares for 0.07% of their portfolio. Alps Advsrs reported 6,149 shares stake. Wg Shaheen & Assocs Dba Whitney & stated it has 56,191 shares. Burt Wealth Advsr stated it has 1,522 shares.

First National Bank Of Mount Dora Trust Investment Services, which manages about $203.33M US Long portfolio, upped its stake in Merck & Co Inc (NYSE:MRK) by 5,275 shares to 79,350 shares, valued at $5.08M in 2017Q3, according to the filing. It also increased its holding in Apple Inc (NASDAQ:AAPL) by 2,766 shares in the quarter, for a total of 34,987 shares, and has risen its stake in Microsoft Corp (NASDAQ:MSFT).

Among 24 analysts covering Express Scripts (NASDAQ:ESRX), 10 have Buy rating, 3 Sell and 11 Hold. Therefore 42% are positive. Express Scripts had 52 analyst reports since July 30, 2015 according to SRatingsIntel. SunTrust maintained it with “Buy” rating and $82.0 target in Thursday, December 14 report. Jefferies maintained the stock with “Buy” rating in Friday, July 7 report. Morgan Stanley maintained it with “Underweight” rating and $57 target in Thursday, August 10 report. The stock of Express Scripts Holding Company (NASDAQ:ESRX) has “Outperform” rating given on Friday, December 15 by Robert W. Baird. The stock of Express Scripts Holding Company (NASDAQ:ESRX) has “Buy” rating given on Wednesday, December 20 by SunTrust. On Monday, October 2 the stock rating was maintained by Needham with “Hold”. The stock of Express Scripts Holding Company (NASDAQ:ESRX) has “Sell” rating given on Friday, December 15 by Raymond James. The firm earned “Market Perform” rating on Wednesday, December 6 by Bernstein. The stock of Express Scripts Holding Company (NASDAQ:ESRX) earned “Buy” rating by Credit Suisse on Thursday, June 1. The company was upgraded on Friday, November 4 by Deutsche Bank.

Analysts await Express Scripts Holding Company (NASDAQ:ESRX) to report earnings on February, 13. They expect $2.08 EPS, up 10.64% or $0.20 from last year’s $1.88 per share. ESRX’s profit will be $1.18 billion for 9.73 P/E if the $2.08 EPS becomes a reality. After $1.90 actual EPS reported by Express Scripts Holding Company for the previous quarter, Wall Street now forecasts 9.47% EPS growth.

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. Morgan Stanley maintained MetLife, Inc. (NYSE:MET) on Monday, November 13 with “Equal-Weight” rating. On Wednesday, August 2 the stock rating was maintained by Wells Fargo with “Buy”. The firm has “Outperform” rating by RBC Capital Markets given on Tuesday, January 19. The firm earned “Equal-Weight” rating on Thursday, October 5 by Morgan Stanley. The company was initiated on Monday, July 24 by J.P. Morgan. The rating was upgraded by FBR Capital to “Outperform” on Thursday, May 25. On Tuesday, January 5 the stock rating was downgraded by Citigroup to “Neutral”. Keefe Bruyette & Woods maintained MetLife, Inc. (NYSE:MET) rating on Thursday, December 21. Keefe Bruyette & Woods has “Buy” rating and $58.0 target. Sandler O’Neill downgraded the shares of MET in report on Friday, November 10 to “Hold” rating. The company was upgraded on Friday, January 22 by Raymond James.

Rnc Capital Management Llc, which manages about $4.08 billion and $1.33 billion US Long portfolio, decreased its stake in Dfa Small Cap Value Fund (DFSVX) by 61,042 shares to 177,463 shares, valued at $6.87 million in 2017Q3, according to the filing. It also reduced its holding in Microchip Technology Inc (NASDAQ:MCHP) by 407,588 shares in the quarter, leaving it with 19,412 shares, and cut its stake in Genuine Parts Co (NYSE:GPC).

Investors sentiment decreased to 0.89 in 2017 Q3. Its down 0.05, from 0.94 in 2017Q2. It is 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. Menora Mivtachim owns 0.79% invested in MetLife, Inc. (NYSE:MET) for 373,600 shares. Cleararc Capital, Ohio-based fund reported 27,305 shares. Chemung Canal Trust holds 4,398 shares or 0.05% of its portfolio. Beacon Gru holds 0.06% or 5,930 shares. 5,000 are owned by Gould Asset Mngmt Ltd Liability Co Ca. Edgar Lomax Communication Va holds 0.59% or 160,806 shares. Wade G W Inc reported 1.4% stake. Meiji Yasuda Asset Management Limited, Japan-based fund reported 13,775 shares. Eaton Vance invested in 0.01% or 108,835 shares. Boston Private Wealth Limited Liability stated it has 68,690 shares. Moreover, Baystate Wealth Management Ltd Llc has 0% invested in MetLife, Inc. (NYSE:MET). Conning Incorporated invested in 92,185 shares. Tompkins invested in 3,770 shares or 0.05% of the stock. Pictet Asset Ltd, United Kingdom-based fund reported 609,597 shares. Palladium Limited Liability Corp invested 0.07% in MetLife, Inc. (NYSE:MET).

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:


Recent Posts