1,082 Shares in Marsh & McLennan Companies, Inc. (NYSE:MMC) Purchased by Compass Capital Corp MA ADV

Compass Capital Corp MA ADV bought a new position in shares of Marsh & McLennan Companies, Inc. (NYSE:MMC) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm bought 1,082 shares of the financial services provider’s stock, valued at approximately $230,000.

A number of other institutional investors also recently modified their holdings of the company. AMF Tjanstepension AB raised its holdings in Marsh & McLennan Companies by 16.8% during the 3rd quarter. AMF Tjanstepension AB now owns 132,205 shares of the financial services provider’s stock worth $29,507,000 after buying an additional 19,024 shares during the period. Foundations Investment Advisors LLC lifted its position in shares of Marsh & McLennan Companies by 10.3% in the third quarter. Foundations Investment Advisors LLC now owns 3,156 shares of the financial services provider’s stock worth $704,000 after purchasing an additional 296 shares in the last quarter. Lecap Asset Management Ltd. acquired a new position in Marsh & McLennan Companies during the third quarter worth $520,000. McAdam LLC grew its position in Marsh & McLennan Companies by 2.5% in the third quarter. McAdam LLC now owns 3,774 shares of the financial services provider’s stock valued at $842,000 after purchasing an additional 91 shares in the last quarter. Finally, International Assets Investment Management LLC increased its stake in Marsh & McLennan Companies by 31,846.5% in the 3rd quarter. International Assets Investment Management LLC now owns 427,764 shares of the financial services provider’s stock valued at $95,430,000 after buying an additional 426,425 shares during the last quarter. Institutional investors own 87.99% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on MMC. Keefe, Bruyette & Woods lowered their price target on Marsh & McLennan Companies from $214.00 to $210.00 and set an “underperform” rating on the stock in a research report on Monday, February 3rd. Royal Bank of Canada raised shares of Marsh & McLennan Companies from a “sector perform” rating to an “outperform” rating and lifted their price objective for the company from $242.00 to $250.00 in a research report on Thursday, December 12th. Raymond James reiterated an “outperform” rating and issued a $250.00 target price (up from $240.00) on shares of Marsh & McLennan Companies in a research note on Thursday, February 6th. Barclays upped their price objective on Marsh & McLennan Companies from $236.00 to $246.00 and gave the company an “equal weight” rating in a research note on Thursday, November 21st. Finally, Wells Fargo & Company lifted their target price on shares of Marsh & McLennan Companies from $212.00 to $223.00 and gave the stock an “equal weight” rating in a report on Friday, January 31st. Two research analysts have rated the stock with a sell rating, ten have given a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $230.44.

Marsh & McLennan Companies Stock Down 0.2 %

MMC stock opened at $230.05 on Friday. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 1.44. Marsh & McLennan Companies, Inc. has a 52 week low of $196.17 and a 52 week high of $235.50. The company has a market cap of $112.98 billion, a PE ratio of 28.09, a price-to-earnings-growth ratio of 2.63 and a beta of 0.96. The business has a 50-day simple moving average of $218.22 and a 200 day simple moving average of $222.25.

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

Marsh & McLennan Companies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 14th. Stockholders of record on Thursday, January 30th were issued a $0.815 dividend. The ex-dividend date of this dividend was Thursday, January 30th. This represents a $3.26 dividend on an annualized basis and a dividend yield of 1.42%. Marsh & McLennan Companies’s dividend payout ratio (DPR) is currently 39.80%.

Marsh & McLennan Companies Profile

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.