Generali Investments CEE investicni spolecnost a.s. Invests $1.08 Million in Marsh & McLennan Companies, Inc. (NYSE:MMC)

Generali Investments CEE investicni spolecnost a.s. acquired a new stake in shares of Marsh & McLennan Companies, Inc. (NYSE:MMC) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 5,060 shares of the financial services provider’s stock, valued at approximately $1,075,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Impax Asset Management Group plc increased its stake in Marsh & McLennan Companies by 5.6% in the third quarter. Impax Asset Management Group plc now owns 1,812,150 shares of the financial services provider’s stock valued at $403,200,000 after purchasing an additional 95,540 shares during the last quarter. Concurrent Investment Advisors LLC grew its holdings in Marsh & McLennan Companies by 16.9% in the 3rd quarter. Concurrent Investment Advisors LLC now owns 6,890 shares of the financial services provider’s stock valued at $1,537,000 after buying an additional 998 shares during the period. Kornitzer Capital Management Inc. KS lifted its holdings in shares of Marsh & McLennan Companies by 100.0% during the 3rd quarter. Kornitzer Capital Management Inc. KS now owns 2,000 shares of the financial services provider’s stock worth $446,000 after acquiring an additional 1,000 shares during the period. Summit Global Investments boosted its position in shares of Marsh & McLennan Companies by 15.7% in the third quarter. Summit Global Investments now owns 1,535 shares of the financial services provider’s stock worth $342,000 after acquiring an additional 208 shares during the last quarter. Finally, Capital Performance Advisors LLP acquired a new position in Marsh & McLennan Companies during the third quarter worth approximately $41,000. 87.99% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts recently weighed in on the company. Barclays lifted their target price on Marsh & McLennan Companies from $236.00 to $246.00 and gave the company an “equal weight” rating in a report on Thursday, November 21st. Evercore ISI reaffirmed an “outperform” rating and set a $242.00 price target on shares of Marsh & McLennan Companies in a research report on Monday, November 25th. JPMorgan Chase & Co. increased their price objective on shares of Marsh & McLennan Companies from $230.00 to $235.00 and gave the stock a “neutral” rating in a research report on Friday, January 3rd. Royal Bank of Canada upgraded shares of Marsh & McLennan Companies from a “sector perform” rating to an “outperform” rating and lifted their target price for the company from $242.00 to $250.00 in a report on Thursday, December 12th. Finally, Keefe, Bruyette & Woods lowered their price target on Marsh & McLennan Companies from $214.00 to $210.00 and set an “underperform” rating for the company in a report on Monday, February 3rd. Two analysts have rated the stock with a sell rating, ten have issued a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, Marsh & McLennan Companies presently has a consensus rating of “Hold” and an average target price of $230.44.

Marsh & McLennan Companies Price Performance

MMC stock opened at $235.40 on Friday. The company has a market capitalization of $115.61 billion, a PE ratio of 28.74, a P/E/G ratio of 2.70 and a beta of 0.95. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 1.44. The stock’s 50 day moving average is $222.83 and its two-hundred day moving average is $223.35. Marsh & McLennan Companies, Inc. has a 52-week low of $196.17 and a 52-week high of $241.84.

Marsh & McLennan Companies (NYSE:MMC) last posted its quarterly earnings data on Thursday, January 30th. The financial services provider reported $1.87 EPS for the quarter, beating analysts’ consensus estimates of $1.75 by $0.12. Marsh & McLennan Companies had a net margin of 16.60% and a return on equity of 32.60%. Analysts predict that Marsh & McLennan Companies, Inc. will post 9.61 earnings per share for the current fiscal year.

Marsh & McLennan Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Thursday, January 30th were paid a dividend of $0.815 per share. This represents a $3.26 annualized dividend and a yield of 1.38%. The ex-dividend date of this dividend was Thursday, January 30th. Marsh & McLennan Companies’s payout ratio is currently 39.80%.

About Marsh & McLennan Companies

Marsh & McLennan Cos., Inc is a professional services firm, which engages in offering clients advice and solutions in risk, strategy, and people. It operates through the Risk and Insurance Services, and Consulting segments. The Risk and Insurance Services segment is involved in risk management activities, as well as insurance and reinsurance broking and services.