As Antero Midstream Partners LP (AM) Market Valuation Declined, Cadence Capital Management Has Increased by $1.85 Million Its Position; Monetary Management Group Trimmed Metlife Com (MET) Holding by $1.33 Million; Valuation Declined

September 14, 2018 - By Mike Johnson

MetLife, Inc. (NYSE:MET) Logo

Cadence Capital Management Llc increased its stake in Antero Midstream Partners Lp (AM) by 32.31% based on its latest 2018Q2 regulatory filing with the SEC. Cadence Capital Management Llc bought 63,667 shares as the company’s stock declined 2.30% while stock markets rallied. The institutional investor held 260,736 shares of the natural gas distribution company at the end of 2018Q2, valued at $7.70M, up from 197,069 at the end of the previous reported quarter. Cadence Capital Management Llc who had been investing in Antero Midstream Partners Lp for a number of months, seems to be bullish on the $5.62B market cap company. The stock decreased 2.25% or $0.69 during the last trading session, reaching $30.02. About 63,548 shares traded. Antero Midstream Partners LP (NYSE:AM) has declined 4.67% since September 14, 2017 and is downtrending. It has underperformed by 20.29% the S&P500.

Monetary Management Group Inc decreased its stake in Metlife Inc Com (MET) by 73.53% based on its latest 2018Q2 regulatory filing with the SEC. Monetary Management Group Inc sold 30,830 shares as the company’s stock declined 4.45% while stock markets rallied. The institutional investor held 11,100 shares of the finance company at the end of 2018Q2, valued at $484,000, down from 41,930 at the end of the previous reported quarter. Monetary Management Group Inc who had been investing in Metlife Inc Com for a number of months, seems to be less bullish one the $45.96 billion market cap company. The stock increased 1.49% or $0.68 during the last trading session, reaching $46.2. About 568,301 shares traded. MetLife, Inc. (NYSE:MET) has declined 7.40% since September 14, 2017 and is downtrending. It has underperformed by 23.02% the S&P500. Some Historical MET News: 02/05/2018 – MetLife 1Q Premiums, Fees, Other Rev $11.04B; 08/05/2018 – ELPRO INTERNATIONAL -AGREED TO SELL ABOUT 1.33 PCT SHAREHOLDING IN PNB METLIFE INDIA INSURANCE FOR TOTAL CONSIDERATION OF 1.34 BLN RUPEES; 23/03/2018 – Sanford Heisler Sharp Wins Conditional Certification In $50 Million Nationwide Class Action Lawsuit Against MetLife For Overtime Pay Violations; 12/04/2018 – CNO Financial Names Michael Milos Vice President of Sales and Distribution Strategy at Washington National; 16/03/2018 – KBC GROEP NV KBC.BR – COMPLETES ACQUISITION OF METLIFE‚ÄôS 40% STAKE IN UBB-METLIFE JOINT VENTURE (BULGARIA); 01/05/2018 – METLIFE INVESTMENT CHIEF COMMENTS ON ASSET-MANAGER OPPORTUNITY; 16/05/2018 – METLIFE ANNOUNCES NEW FINANCIAL WELLNESS PRODUCT; 16/05/2018 – MetLife: Board Approved McCallion’s Salary Increase in Connection With Him Becoming CFO, Effective May 10; 02/05/2018 – MetLife 1Q Book Value Per Shr $52.49; 01/05/2018 – MetLife CFO Hele to Depart as Insurer Grapples With Missteps

More important recent Antero Midstream Partners LP (NYSE:AM) news were published by: Seekingalpha.com which released: “MLP Distribution Coverage: How And Why It’s Changed” on August 29, 2018, also Fool.com published article titled: “These 3 Fast-Growing, High-Yield Stocks Are on Sale”, Seekingalpha.com published: “Q2 ’18 Recap And The Barbell Profile Of MLP Distribution Growth” on August 22, 2018. More interesting news about Antero Midstream Partners LP (NYSE:AM) was released by: Benzinga.com and their article: “Stifel: Antero Midstream Pullback, Valuation Of Consolidated Entity Create Compelling Entry Point” with publication date: August 29, 2018.

Investors sentiment increased to 1.31 in 2018 Q2. Its up 0.09, from 1.22 in 2018Q1. It increased, as 15 investors sold AM shares while 33 reduced holdings. 20 funds opened positions while 43 raised stakes. 85.37 million shares or 0.48% less from 85.78 million shares in 2018Q1 were reported. Moreover, Moneta Grp Inc Invest Advsrs Lc has 0% invested in Antero Midstream Partners LP (NYSE:AM) for 260 shares. Tinicum Inc reported 4.03M shares stake. Perella Weinberg Mngmt LP accumulated 308,169 shares. Ftb Advsr owns 1,146 shares. Duff And Phelps Co owns 0.19% invested in Antero Midstream Partners LP (NYSE:AM) for 435,000 shares. Chickasaw Capital Mngmt Llc has invested 3.22% of its portfolio in Antero Midstream Partners LP (NYSE:AM). Moreover, Kayne Anderson Capital Advisors Lp has 0.26% invested in Antero Midstream Partners LP (NYSE:AM) for 671,147 shares. Alps Advisors Inc holds 7.27M shares. Mariner Llc stated it has 55,697 shares. Botty Investors holds 12,687 shares. Moreover, Jefferies Group Ltd Llc has 0% invested in Antero Midstream Partners LP (NYSE:AM). Heronetta Management Limited Partnership stated it has 70,100 shares. Glenmede Na holds 33,650 shares. Regions Financial Corp invested in 0% or 70 shares. Eagle Glob Advsr Limited Liability Corporation accumulated 1.73 million shares.

Among 19 analysts covering Antero Midstream Partners LP (NYSE:AM), 16 have Buy rating, 0 Sell and 3 Hold. Therefore 84% are positive. Antero Midstream Partners LP had 59 analyst reports since July 23, 2015 according to SRatingsIntel. The firm has “Neutral” rating given on Monday, February 8 by Robert W. Baird. On Friday, April 29 the stock rating was upgraded by Credit Suisse to “Outperform”. On Friday, November 17 the stock rating was maintained by Morgan Stanley with “Equal-Weight”. The firm has “Buy” rating given on Wednesday, September 7 by Stifel Nicolaus. The firm earned “Buy” rating on Tuesday, August 28 by Stifel Nicolaus. The stock of Antero Midstream Partners LP (NYSE:AM) has “Outperform” rating given on Thursday, June 9 by Robert W. Baird. The firm has “Buy” rating by Stifel Nicolaus given on Monday, July 17. The firm has “Buy” rating by Robert W. Baird given on Friday, September 8. The stock has “Overweight” rating by Barclays Capital on Wednesday, July 11. The firm has “Buy” rating by DA Davidson given on Tuesday, May 30.

Cadence Capital Management Llc, which manages about $4.62B and $1.69 billion US Long portfolio, decreased its stake in Archer Daniels Midland Co (NYSE:ADM) by 106,654 shares to 132,964 shares, valued at $6.09M in 2018Q2, according to the filing. It also reduced its holding in Everest Re Group Ltd (NYSE:RE) by 2,420 shares in the quarter, leaving it with 3,338 shares, and cut its stake in Merck & Co Inc (NYSE:MRK).

Analysts await MetLife, Inc. (NYSE:MET) to report earnings on November, 7. They expect $1.27 EPS, up 16.51% or $0.18 from last year’s $1.09 per share. MET’s profit will be $1.26B for 9.09 P/E if the $1.27 EPS becomes a reality. After $1.30 actual EPS reported by MetLife, Inc. for the previous quarter, Wall Street now forecasts -2.31% negative EPS growth.

Among 19 analysts covering MetLife (NYSE:MET), 9 have Buy rating, 1 Sell and 9 Hold. Therefore 47% are positive. MetLife had 63 analyst reports since July 31, 2015 according to SRatingsIntel. Wells Fargo maintained the shares of MET in report on Wednesday, August 2 with “Buy” rating. Morgan Stanley downgraded MetLife, Inc. (NYSE:MET) on Wednesday, November 11 to “Equal-Weight” rating. The rating was maintained by Morgan Stanley on Thursday, April 5 with “Equal-Weight”. The rating was maintained by RBC Capital Markets on Tuesday, September 5 with “Buy”. Keefe Bruyette & Woods maintained the shares of MET in report on Thursday, December 21 with “Buy” rating. The firm earned “Neutral” rating on Tuesday, October 10 by FBR Capital. The rating was upgraded by Sandler O’Neill on Monday, June 27 to “Buy”. Credit Suisse initiated MetLife, Inc. (NYSE:MET) on Friday, October 7 with “Neutral” rating. On Friday, May 5 the stock rating was maintained by Wells Fargo with “Buy”. The firm earned “Neutral” rating on Monday, July 16 by FBR Capital.

Monetary Management Group Inc, which manages about $313.72 million and $245.13M US Long portfolio, upped its stake in Welltower Inc. by 15,250 shares to 18,775 shares, valued at $1.18M in 2018Q2, according to the filing. It also increased its holding in Public Storage (NYSE:PSA) by 2,730 shares in the quarter, for a total of 3,330 shares, and has risen its stake in Nvidia Corp. (NASDAQ:NVDA).

Investors sentiment increased to 0.89 in 2018 Q2. Its up 0.17, from 0.72 in 2018Q1. It improved, as 48 investors sold MET shares while 328 reduced holdings. 85 funds opened positions while 249 raised stakes. 751.98 million shares or 1.88% less from 766.37 million shares in 2018Q1 were reported. Old Mutual Glob (Uk) owns 64,477 shares or 0.02% of their US portfolio. Advsrs Mngmt Limited Liability Corp owns 65,293 shares. One National Association holds 0.39% or 122,088 shares in its portfolio. Bancorporation Of Montreal Can accumulated 1.93 million shares. Plante Moran Ltd Liability Co invested 0.01% of its portfolio in MetLife, Inc. (NYSE:MET). Fin Counselors Inc has invested 0.01% in MetLife, Inc. (NYSE:MET). 615,987 are held by Employees Retirement Systems Of Ohio. Sterling Cap Ltd Liability Corp holds 218,889 shares or 0.09% of its portfolio. 65,375 are held by Norinchukin National Bank The. Trustmark Bank & Trust Tru Department holds 0.02% or 4,781 shares in its portfolio. Prudential Fincl Incorporated has 3.72 million shares for 0.24% of their portfolio. Victory Mgmt invested in 0% or 15,679 shares. Ironsides Asset Limited Liability Corporation invested 0.39% of its portfolio in MetLife, Inc. (NYSE:MET). Ledyard Comml Bank invested in 9,732 shares. Novare Cap Mngmt accumulated 1.01% or 136,628 shares.

MetLife, Inc. (NYSE:MET) Institutional Positions Chart

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