Beacon Trust Company Has Cut Metlife (MET) Holding By $316,781, Force Protection Has 0.82 Sentiment

June 22, 2017 - By Nellie Frank

Freshpet, Inc. is a manufacturer of fresh, refrigerated pet food distributed across North America. The company has market cap of $558.32 million. The Firm operates in the segment of manufacturing, marketing and distribution of pet food and pet treats for dogs and cats. It currently has negative earnings. The Company’s products consist of dog food, cat food, and dog and cat treats.

Beacon Trust Company decreased Metlife Inc (MET) stake by 6.92% reported in 2016Q4 SEC filing. Beacon Trust Company sold 5,977 shares as Metlife Inc (MET)’s stock declined 4.70%. The Beacon Trust Company holds 80,418 shares with $4.33M value, down from 86,395 last quarter. Metlife Inc now has $55.61 billion valuation. The stock declined 0.06% or $0.03 reaching $52.5 per share. About 2.05M shares traded. Metlife Inc (NYSE:MET) has risen 13.92% since June 22, 2016 and is uptrending. It has underperformed by 2.78% the S&P500.

About 67,519 shares traded. Freshpet Inc (FRPT) has risen 61.82% since June 22, 2016 and is uptrending. It has outperformed by 45.12% the S&P500.

Armistice Capital Llc holds 3.4% of its portfolio in Freshpet Inc for 1.42 million shares. Broadview Advisors Llc owns 891,817 shares or 1.21% of their US portfolio. Moreover, Riverbridge Partners Llc has 0.48% invested in the company for 2.28 million shares. The California-based Fort Point Capital Partners Llc has invested 0.46% in the stock. Ironwood Investment Management Llc, a Massachusetts-based fund reported 56,109 shares.

Among 13 analysts covering MetLife (NYSE:MET), 8 have Buy rating, 1 Sell and 4 Hold. Therefore 62% are positive. MetLife had 24 analyst reports since July 31, 2015 according to SRatingsIntel. Standpoint Research downgraded Metlife Inc (NYSE:MET) on Friday, December 9 to “Hold” rating. FBR Capital downgraded the stock to “Mkt Perform” rating in Monday, November 28 report. The firm has “Outperform” rating given on Monday, August 29 by FBR Capital. The company was maintained on Wednesday, April 19 by Wells Fargo. Deutsche Bank downgraded the stock to “Hold” rating in Wednesday, July 13 report. The stock of Metlife Inc (NYSE:MET) earned “Buy” rating by Sandler O’Neill on Monday, June 27. RBC Capital Markets maintained Metlife Inc (NYSE:MET) rating on Tuesday, January 19. RBC Capital Markets has “Outperform” rating and $65.0 target. Wells Fargo maintained the stock with “Buy” rating in Friday, May 5 report. Citigroup initiated Metlife Inc (NYSE:MET) on Thursday, January 26 with “Sell” rating. The stock of Metlife Inc (NYSE:MET) has “Strong Buy” rating given on Friday, January 22 by Raymond James.

Beacon Trust Company increased Johnson Ctls Intl Plc stake by 40,967 shares to 53,363 valued at $2.20M in 2016Q4. It also upped Cisco Sys Inc (NASDAQ:CSCO) stake by 18,796 shares and now owns 129,462 shares. Facebook Inc (NASDAQ:FB) was raised too.