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Swedbank AB has reduced its position in MetLife, Inc. by selling 931,051 shares, bringing its total holding to 2,385,228 shares. This institutional divestment comes despite MetLife exceeding Q1 earnings per share expectations, driven by robust investment gains and a strong performance in Asia. Although the company faced a revenue miss, it signaled confidence by increasing its quarterly dividend to $0.5925 per share. Analysts maintain a positive outlook on the stock, with a consensus price target currently set at $93.69. The market is currently weighing this institutional selling against the company's solid fundamental performance and commitment to shareholder returns.
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