Marsh & McLennan Companies, Inc. (NYSE:MMC) Stock Holdings Increased by Capital International Inc. CA

Capital International Inc. CA increased its holdings in Marsh & McLennan Companies, Inc. (NYSE:MMC - Free Report) by 22.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 420,633 shares of the financial services provider's stock after purchasing an additional 78,106 shares during the quarter. Marsh & McLennan Companies accounts for about 1.1% of Capital International Inc. CA's holdings, making the stock its 21st largest holding. Capital International Inc. CA owned 0.09% of Marsh & McLennan Companies worth $89,347,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the business. Modera Wealth Management LLC boosted its position in shares of Marsh & McLennan Companies by 2.5% during the 4th quarter. Modera Wealth Management LLC now owns 1,885 shares of the financial services provider's stock valued at $400,000 after acquiring an additional 46 shares during the last quarter. Geneos Wealth Management Inc. raised its holdings in shares of Marsh & McLennan Companies by 3.7% in the 4th quarter. Geneos Wealth Management Inc. now owns 1,324 shares of the financial services provider's stock valued at $281,000 after purchasing an additional 47 shares in the last quarter. Hemington Wealth Management boosted its position in shares of Marsh & McLennan Companies by 6.7% during the 4th quarter. Hemington Wealth Management now owns 768 shares of the financial services provider's stock worth $163,000 after acquiring an additional 48 shares in the last quarter. DF Dent & Co. Inc. raised its position in shares of Marsh & McLennan Companies by 0.9% during the 4th quarter. DF Dent & Co. Inc. now owns 5,762 shares of the financial services provider's stock worth $1,224,000 after acquiring an additional 49 shares in the last quarter. Finally, New England Professional Planning Group Inc. boosted its holdings in Marsh & McLennan Companies by 4.1% in the fourth quarter. New England Professional Planning Group Inc. now owns 1,261 shares of the financial services provider's stock valued at $268,000 after purchasing an additional 50 shares in the last quarter. Hedge funds and other institutional investors own 87.99% of the company's stock.

Insider Buying and Selling at Marsh & McLennan Companies

In other Marsh & McLennan Companies news, VP Stacy Mills sold 1,317 shares of the firm's stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $234.97, for a total transaction of $309,455.49. Following the transaction, the vice president now owns 2,923 shares of the company's stock, valued at approximately $686,817.31. This trade represents a 31.06 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Dean Michael Klisura sold 7,121 shares of the stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of $234.97, for a total transaction of $1,673,221.37. Following the completion of the transaction, the chief executive officer now owns 20,935 shares of the company's stock, valued at $4,919,096.95. This trade represents a 25.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 69,634 shares of company stock worth $16,244,986. 0.35% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

MMC has been the subject of several recent analyst reports. JPMorgan Chase & Co. boosted 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. Jefferies Financial Group boosted their target price on Marsh & McLennan Companies from $237.00 to $244.00 and gave the company a "hold" rating in a report on Friday, April 11th. Wells Fargo & Company lifted their price target on Marsh & McLennan Companies from $223.00 to $232.00 and gave the stock an "equal weight" rating in a research report on Thursday, April 10th. UBS Group increased their price target on shares of Marsh & McLennan Companies from $259.00 to $261.00 and gave the stock a "buy" rating in a research note on Wednesday, April 9th. Finally, Redburn Atlantic initiated coverage on Marsh & McLennan Companies in a research note on Tuesday, March 25th. They set a "buy" rating and a $281.00 price objective for the company. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average price target of $241.93.

Marsh & McLennan Companies Stock Performance

Shares of NYSE:MMC traded down $0.19 during trading on Thursday, hitting $218.85. 811,500 shares of the company traded hands, compared to its average volume of 2,235,263. The stock has a market capitalization of $107.87 billion, a price-to-earnings ratio of 26.73, a PEG ratio of 2.70 and a beta of 0.85. Marsh & McLennan Companies, Inc. has a one year low of $196.72 and a one year high of $248.00. 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 business's fifty day moving average is $232.20 and its 200-day moving average is $224.66.

Marsh & McLennan Companies (NYSE:MMC - Get Free Report) last issued its earnings results on Thursday, April 17th. The financial services provider reported $3.06 earnings per share for the quarter, topping the consensus estimate of $3.02 by $0.04. Marsh & McLennan Companies had a return on equity of 32.60% and a net margin of 16.60%. The firm had revenue of $6.70 billion for the quarter, compared to analyst estimates of $7.08 billion. During the same period last year, the company earned $2.89 earnings per share. As a group, equities analysts predict that Marsh & McLennan Companies, Inc. will post 9.61 earnings per share for the current fiscal year.

Marsh & McLennan Companies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 15th. Shareholders of record on Thursday, April 3rd will be paid a dividend of $0.815 per share. This represents a $3.26 dividend on an annualized basis and a yield of 1.49%. The ex-dividend date of this dividend is Thursday, April 3rd. Marsh & McLennan Companies's payout ratio is 39.95%.

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.