Grantham Mayo Van Otterloo & Co. LLC Increases Stock Holdings in MetLife, Inc. $MET

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Grantham Mayo Van Otterloo & Co. LLC significantly increased its stake in MetLife, Inc. (NYSE:MET) by 154.8% in the third quarter, bringing its total holdings to 74,806 shares valued at $6.16 million. Several other institutional investors also adjusted their positions in MetLife, with notable increases from Arrowstreet Capital Limited Partnership and Thrivent Financial for Lutherans. MetLife has a consensus “Buy” rating from Wall Street analysts with a target price of $94.18, and recently declared a quarterly dividend of $0.5675 per share.

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