Subject: INO
Quotidian Technical Highlights on Selected Insurance Stocks -- Lincoln National, MetLife, Manulife Financial, and Torchmark
NEW YORK, Jan. 17, 2018 /PRNewswire/ --WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on LNC, MET, MFC, and TMK which can be accessed for free by signing up to www.wallstequities.com/registration. Moody's Investors Service announced on December 14th, 2017 that it has changed its outlook for the global Life Insurance industry in 2018 to stable from negative, owing primarily to the shift toward fee-based products, which mitigates earnings pressures from low interest rates. The outlook is underpinned by favorable economic fundamentals, which support healthy life insurance revenue growth. Moody's 2018 GDP growth forecast for G-20 advanced economies is 2.0%, and 3.2% globally. Ahead of today's trading session, WallStEquities.com evaluates Lincoln National Corp. (NYSE: LNC), MetLife Inc. (NYSE: MET), Manulife Financial Corp. (NYSE: MFC), and Torchmark Corp. (NYSE: TMK). All you have to do is sign up today for this free limited time offer by clicking the link below.
www.wallstequities.com/registration
Lincoln National
On Tuesday, shares in Radnor, Pennsylvania headquartered Lincoln National Corp. recorded a trading volume of 1.50 million shares, which was above their three months average volume of 1.22 million shares. The stock ended at $82.51, declining 2.20% from the last trading session. The Company's shares have gained 8.78% in the last month, 10.20% over the previous three months, and 22.76% over the past year. The stock is trading above its 50-day and 200-day moving averages by 7.61% and 15.94%, respectively. Furthermore, shares of Lincoln National, which through its subsidiaries, engages in the multiple insurance and retirement businesses in the US, have a Relative Strength Index (RSI) of 67.51.
On January 02nd, 2018, research firm JP Morgan upgraded the Company's stock rating from 'Neutral' to 'Overweight'.
On January 03rd, 2018, Lincoln Financial Group, the marketing name for Lincoln National, announced the appointment of Joe Mrozek as national sales manager for the Intermediary Retirement Plan Services division of Lincoln Financial Distributors, Inc., the Company's wholesaling distribution organization. Mr. Mrozek reports to John Kennedy, senior vice president and head of Retirement Solutions Distribution. Get the full research report on LNC for free by clicking below at:
www.wallstequities.com/registration/?symbol=LNC
MetLife
New York-based MetLife Inc.'s stock finished yesterday's session 2.78% lower at $51.85. A total volume of 9.15 million shares was traded, which was above their three months average volume of 4.28 million shares. The Company's shares have gained 7.13% over the past year. The stock is trading above its 200-day moving average by 5.05%. Furthermore, shares of MetLife have an RSI of 49.35.
On January 02nd, 2018, research firm Deutsche Bank initiated a 'Hold' rating on the Company's stock, with a target price of $55 per share.
On January 05th, 2018, MetLife announced that its Board of Directors has declared a Q1 2018 common stock dividend of $0.40 per share. The dividend will be payable on March 13th, 2018, to shareholders of record as of February 05th, 2018. The free technical report on MET can be accessed at:
www.wallstequities.com/registration/?symbol=MET
Manulife Financial
At the close of trading on Tuesday, shares in Toronto, Canada headquartered Manulife Financial Corp. ended the day flat at $21.81. The stock recorded a trading volume of 3.47 million shares, which was above its three months average volume of 1.89 million shares. The Company's shares have advanced 4.81% in the last month, 5.26% in the previous three months, and 16.76% over the past year. The stock is trading 3.73% and 11.86% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Manulife Financial have an RSI of 70.70.
On January 15th, 2018, Manulife Investments, a division of Manulife Asset Management Limited, which is the global asset management arm of Manulife Financial, announced a number of proposed changes to its mutual fund platform and to the Canadian Small Cap Equity team: implement a series of fund mergers; re-open an existing closed fund to new purchases; change the names of certain funds; change the investment objectives of certain funds; close certain funds to all purchases; adjust the distribution policy for certain funds; and reduce the management fees for certain funds. Sign up for free on Wall St. Equities and claim the latest report on MFC at:
www.wallstequities.com/registration/?symbol=MFC
Torchmark
McKinney, Texas headquartered Torchmark Corp.'s shares ended the day 0.90% lower at $91.42. A total volume of 689,410 shares was traded, which was above their three months average volume of 492,790 shares. The stock has gained 2.36% in the last month, 12.02% over the previous three months, and 23.74% over the past year. The Company's shares are trading 3.44% above their 50-day moving average and 13.67% above their 200-day moving average. Additionally, shares of Torchmark have an RSI of 59.91. See the free research coverage on TMK at:
www.wallstequities.com/registration/?symbol=TMK
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