Ameriprise Financial Inc. Grows Holdings in MetLife, Inc. $MET

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Ameriprise Financial Inc. increased its stake in MetLife, Inc. by 4.8% in Q3, now owning 1.18% of the company valuing $640.36 million. MetLife surpassed quarterly earnings estimates with an EPS of $2.49 and revenue of $52.44 billion, also offering a quarterly dividend of $0.5675. Institutional ownership is high at 94.99%, with other major firms also adjusting their positions in the financial services provider.

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