Marsh & McLennan Companies, Inc. (NYSE:MMC) is Aurdan Capital Management LLC's 5th Largest Position

Aurdan Capital Management LLC trimmed its stake in Marsh & McLennan Companies, Inc. (NYSE:MMC - Free Report) by 7.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 39,283 shares of the financial services provider's stock after selling 3,259 shares during the quarter. Marsh & McLennan Companies makes up 3.6% of Aurdan Capital Management LLC's holdings, making the stock its 5th biggest position. Aurdan Capital Management LLC's holdings in Marsh & McLennan Companies were worth $9,586,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Brighton Jones LLC increased its holdings in Marsh & McLennan Companies by 51.2% during the 4th quarter. Brighton Jones LLC now owns 8,738 shares of the financial services provider's stock worth $1,856,000 after acquiring an additional 2,960 shares during the period. Bank Pictet & Cie Europe AG bought a new stake in Marsh & McLennan Companies during the 4th quarter worth approximately $37,178,000. Proficio Capital Partners LLC increased its holdings in Marsh & McLennan Companies by 40.1% during the 4th quarter. Proficio Capital Partners LLC now owns 3,244 shares of the financial services provider's stock worth $689,000 after acquiring an additional 928 shares during the period. Moran Wealth Management LLC bought a new stake in Marsh & McLennan Companies during the 4th quarter worth approximately $2,469,000. Finally, Independent Advisor Alliance increased its holdings in Marsh & McLennan Companies by 119.5% during the 4th quarter. Independent Advisor Alliance now owns 4,635 shares of the financial services provider's stock worth $985,000 after acquiring an additional 2,523 shares during the period. 87.99% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

MMC has been the topic of a number of analyst reports. Jefferies Financial Group upped their target price on shares of Marsh & McLennan Companies from $237.00 to $244.00 and gave the stock a "hold" rating in a report on Friday, April 11th. 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 report on Wednesday, April 9th. Barclays decreased their price target on shares of Marsh & McLennan Companies from $249.00 to $233.00 and set an "equal weight" rating on the stock in a report on Monday. Wells Fargo & Company increased their price target on shares of Marsh & McLennan Companies from $228.00 to $229.00 and gave the stock an "equal weight" rating in a report on Thursday. Finally, Keefe, Bruyette & Woods decreased their price target on shares of Marsh & McLennan Companies from $215.00 to $214.00 and set an "underperform" rating on the stock in a report on Wednesday. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, Marsh & McLennan Companies presently has an average rating of "Hold" and a consensus target price of $240.50.

Marsh & McLennan Companies Trading Down 1.3%

Shares of NYSE:MMC traded down $2.81 on Friday, hitting $211.90. The company had a trading volume of 901,773 shares, compared to its average volume of 1,970,895. The firm's 50-day simple moving average is $223.02 and its two-hundred day simple moving average is $224.70. Marsh & McLennan Companies, Inc. has a 1 year low of $207.21 and a 1 year high of $248.00. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 1.32. The firm has a market capitalization of $104.41 billion, a price-to-earnings ratio of 25.97, a P/E/G ratio of 2.62 and a beta of 0.80.

Marsh & McLennan Companies (NYSE:MMC - Get Free Report) last posted its earnings results on Thursday, April 17th. The financial services provider reported $3.06 EPS for the quarter, topping the consensus estimate of $3.02 by $0.04. Marsh & McLennan Companies had a net margin of 16.13% and a return on equity of 32.19%. The firm had revenue of $6.70 billion during the quarter, compared to analysts' expectations of $7.08 billion. During the same period last year, the company posted $2.89 EPS. Equities analysts anticipate that Marsh & McLennan Companies, Inc. will post 9.61 earnings per share for the current fiscal year.

Marsh & McLennan Companies Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 15th. Investors of record on Thursday, July 24th will be given a dividend of $0.90 per share. This is a boost from Marsh & McLennan Companies's previous quarterly dividend of $0.82. This represents a $3.60 dividend on an annualized basis and a yield of 1.70%. The ex-dividend date of this dividend is Thursday, July 24th. Marsh & McLennan Companies's dividend payout ratio (DPR) is 39.95%.

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.