Benin Management Increased Metlife (MET) Holding By $648,975; Tt International Has Cut By $29.30 Million Its Taiwan Semiconductor Mfg LTD (TSM) Position

February 26, 2018 - By Stephen Andrade

Benin Management Corp increased Metlife Inc (MET) stake by 302.98% reported in 2017Q3 SEC filing. Benin Management Corp acquired 12,725 shares as Metlife Inc (MET)’s stock declined 4.70%. The Benin Management Corp holds 16,925 shares with $879,000 value, up from 4,200 last quarter. Metlife Inc now has $49.51 billion valuation. The stock increased 1.80% or $0.84 during the last trading session, reaching $47.47. About 4.34 million shares traded. MetLife, Inc. (NYSE:MET) has risen 13.92% since February 26, 2017 and is uptrending. It has underperformed by 2.78% the S&P500.

Tt International decreased Taiwan Semiconductor Mfg Ltd (TSM) stake by 91.08% reported in 2017Q3 SEC filing. Tt International sold 791,835 shares as Taiwan Semiconductor Mfg Ltd (TSM)’s stock rose 8.84%. The Tt International holds 77,588 shares with $2.91M value, down from 869,423 last quarter. Taiwan Semiconductor Mfg Ltd now has $217.01 billion valuation. The stock increased 3.56% or $1.51 during the last trading session, reaching $43.9. About 7.20 million shares traded or 1.72% up from the average. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) has risen 51.40% since February 26, 2017 and is uptrending. It has outperformed by 34.70% the S&P500.

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. $58.15’s average target is 22.50% above currents $47.47 stock price. MetLife had 49 analyst reports since July 31, 2015 according to SRatingsIntel. As per Monday, July 10, the company rating was maintained by Wells Fargo. FBR Capital downgraded the shares of MET in report on Monday, November 28 to “Mkt Perform” rating. Morgan Stanley maintained MetLife, Inc. (NYSE:MET) on Wednesday, February 14 with “Equal-Weight” rating. The firm earned “Outperform” rating on Thursday, May 25 by FBR Capital. Sandler O’Neill upgraded MetLife, Inc. (NYSE:MET) on Monday, June 27 to “Buy” rating. The stock of MetLife, Inc. (NYSE:MET) earned “Outperform” rating by Wells Fargo on Tuesday, January 30. Credit Suisse maintained MetLife, Inc. (NYSE:MET) rating on Monday, August 28. Credit Suisse has “Hold” rating and $53.0 target. The rating was maintained by RBC Capital Markets with “Buy” on Tuesday, September 5. J.P. Morgan initiated the shares of MET in report on Monday, July 24 with “Hold” rating. Argus Research maintained it with “Buy” rating and $55 target in Wednesday, August 9 report.

Benin Management Corp decreased Hartford Finl Svcs Group Inc (NYSE:HIG) stake by 8,445 shares to 189,996 valued at $10.53M in 2017Q3. It also reduced Pnc Finl Svcs Group Inc (NYSE:PNC) stake by 2,600 shares and now owns 49,753 shares. Procter And Gamble Co (NYSE:PG) was reduced too.

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. Canandaigua Comml Bank Tru Com, New York-based fund reported 21,780 shares. Spirit Of America Mngmt Corp New York owns 8,375 shares. Covenant Multifamily Offices Ltd Liability Corporation holds 2.3% in MetLife, Inc. (NYSE:MET) or 66,240 shares. Ssi Invest Management holds 0.03% or 7,676 shares. Northwest Inv Counselors Ltd Limited Liability Company holds 0.01% in MetLife, Inc. (NYSE:MET) or 243 shares. Paragon Cap Limited holds 4,770 shares or 0.1% of its portfolio. 230,251 are held by Apg Asset Nv. Ameriprise Inc invested 0.23% of its portfolio in MetLife, Inc. (NYSE:MET). Zwj Counsel invested in 257,021 shares. The New York-based Richard Bernstein Advsrs Ltd Liability has invested 0.39% in MetLife, Inc. (NYSE:MET). Signaturefd Ltd Com holds 4,132 shares or 0.03% of its portfolio. At Comml Bank holds 19,374 shares. Forward Mngmt Llc stated it has 9,562 shares. Chevy Chase Tru Hldg Incorporated has invested 0.22% of its portfolio in MetLife, Inc. (NYSE:MET). Commonwealth Natl Bank Of Australia holds 0.13% in MetLife, Inc. (NYSE:MET) or 264,776 shares.

Tt International increased Ecolab Inc (NYSE:ECL) stake by 25,169 shares to 73,369 valued at $9.44M in 2017Q3. It also upped Yum China Hldgs Inc stake by 98,596 shares and now owns 302,074 shares. Changyou Com Ltd (NASDAQ:CYOU) was raised too.

Among 8 analysts covering Taiwan Semiconductor Manufacturing (NYSE:TSM), 4 have Buy rating, 0 Sell and 4 Hold. Therefore 50% are positive. Taiwan Semiconductor Manufacturing had 15 analyst reports since August 24, 2015 according to SRatingsIntel. As per Thursday, October 13, the company rating was downgraded by HSBC. The firm has “Buy” rating given on Tuesday, January 16 by HSBC. Pacific Crest upgraded the stock to “Sector Weight” rating in Friday, October 14 report. The company was downgraded on Monday, November 27 by Morgan Stanley. Susquehanna maintained Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) on Thursday, January 18 with “Hold” rating. KeyBanc Capital Markets maintained Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) on Wednesday, September 6 with “Hold” rating. The stock of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) earned “Buy” rating by Goldman Sachs on Monday, January 22. The company was upgraded on Tuesday, October 10 by J.P. Morgan. The rating was downgraded by Goldman Sachs on Tuesday, June 28 to “Neutral”. On Wednesday, June 21 the stock rating was downgraded by HSBC to “Hold”.