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Connor Clark & Lunn Investment Management Ltd. Trims Stock Position in MetLife, Inc. $MET
Connor Clark & Lunn Investment Management Ltd. reduced its stake in MetLife, Inc. by 29.5% in the third quarter, now holding 377,755 shares valued at approximately $31.12 million. Despite this trimming, MetLife maintains a “Moderate Buy” consensus rating from analysts, with an average price target of $93.67. The company recently surpassed quarterly EPS estimates and offers an annualized dividend yield of about 3.3%.