Capital International Sarl Purchases 9,487 Shares of Marsh & McLennan Companies, Inc. (NYSE:MMC)

Capital International Sarl raised its stake in Marsh & McLennan Companies, Inc. (NYSE:MMC - Free Report) by 18.6% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 60,367 shares of the financial services provider's stock after buying an additional 9,487 shares during the period. Capital International Sarl's holdings in Marsh & McLennan Companies were worth $12,823,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of MMC. Financial Life Planners purchased a new stake in Marsh & McLennan Companies during the fourth quarter valued at about $33,000. Sierra Ocean LLC acquired a new stake in Marsh & McLennan Companies during the 4th quarter valued at $36,000. Albion Financial Group UT purchased a new position in shares of Marsh & McLennan Companies during the fourth quarter valued at $38,000. Golden State Wealth Management LLC purchased a new stake in Marsh & McLennan Companies in the 4th quarter worth about $41,000. Finally, Halbert Hargrove Global Advisors LLC purchased a new position in Marsh & McLennan Companies during the 4th quarter valued at about $45,000. 87.99% of the stock is owned by institutional investors.

Insider Buying and Selling at Marsh & McLennan Companies

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

Marsh & McLennan Companies Stock Performance

MMC traded down $1.30 on Wednesday, hitting $218.25. 781,111 shares of the stock traded hands, compared to its average volume of 1,860,514. The business has a fifty day moving average price of $232.39 and a two-hundred day moving average price of $224.70. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 1.44. Marsh & McLennan Companies, Inc. has a 52 week low of $196.72 and a 52 week high of $248.00. The firm has a market capitalization of $107.58 billion, a PE ratio of 26.65, a P/E/G ratio of 2.70 and a beta of 0.85.

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

Marsh & McLennan Companies Dividend Announcement

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

Analyst Upgrades and Downgrades

MMC has been the topic of several research reports. Redburn Atlantic began coverage on shares of Marsh & McLennan Companies in a research note on Tuesday, March 25th. They issued a "buy" rating and a $281.00 price objective on the stock. Jefferies Financial Group increased their price objective on Marsh & McLennan Companies from $237.00 to $244.00 and gave the stock a "hold" rating in a report on Friday, April 11th. Raymond James restated an "outperform" rating and set a $250.00 price target (up previously from $240.00) on shares of Marsh & McLennan Companies in a research note on Thursday, February 6th. Keefe, Bruyette & Woods lowered their target price on shares of Marsh & McLennan Companies from $220.00 to $215.00 and set an "underperform" rating on the stock in a research report on Monday. Finally, JPMorgan Chase & Co. upped their price target on Marsh & McLennan Companies from $230.00 to $235.00 and gave the stock a "neutral" rating in a research note on Friday, January 3rd. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and five have issued a buy rating to the company's stock. According to MarketBeat.com, Marsh & McLennan Companies presently has an average rating of "Hold" and an average price target of $241.93.

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.