Robert Pohly’s Samlyn Capital Portfolio: 5 Dividend Stock Picks

3. MetLife, Inc. (NYSE:MET)

Number of Hedge Fund Holders: 36
Samlyn Capital’s Stake Value: $33,370,000
Dividend Yield as of March 1: 2.84%

MetLife, Inc. (NYSE:MET) is a New York-based insurance company that also provides employee benefits programs. In 2021, the company hiked its quarterly dividend by 4.3% at $0.48 per share. The stock’s dividend yield stood at 2.84%, as recorded on March 1. MetLife, Inc. (NYSE:MET) has been paying dividends for the past 20 years while maintaining a 9-year streak of dividend growth.

This January, Jefferies appreciated the company’s stable growth and high returns and initiated its coverage on MetLife, Inc. (NYSE:MET) with a Buy rating and a $74 price target. In Q4 2021, Samlyn Capital held a stake worth over $33.3 million in the company, which represented 0.46% of the hedge fund’s 13F portfolio.

By the end of Q4 2021, 36 hedge funds tracked by Insider Monkey held stakes in MetLife, Inc. (NYSE:MET), down from 39 in the previous quarter. The consolidated value of these stakes is over $1 billion. Among these hedge funds, Pzena Investment Management held the largest stake in the company in Q4, valued at $330.7 million.