Marsh & McLennan Companies, Inc. (NYSE:MMC) Shares Sold by Boston Trust Walden Corp

Boston Trust Walden Corp lowered its stake in shares of Marsh & McLennan Companies, Inc. (NYSE:MMC - Free Report) by 2.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 237,831 shares of the financial services provider's stock after selling 5,566 shares during the period. Boston Trust Walden Corp's holdings in Marsh & McLennan Companies were worth $58,038,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of MMC. Ameriflex Group Inc. bought a new position in shares of Marsh & McLennan Companies during the 4th quarter valued at about $37,000. City Holding Co. bought a new position in Marsh & McLennan Companies during the first quarter valued at approximately $37,000. Transce3nd LLC purchased a new position in Marsh & McLennan Companies during the 4th quarter valued at approximately $39,000. Halbert Hargrove Global Advisors LLC bought a new stake in Marsh & McLennan Companies in the 4th quarter worth approximately $45,000. Finally, Lee Danner & Bass Inc. purchased a new stake in shares of Marsh & McLennan Companies during the 4th quarter worth approximately $49,000. Hedge funds and other institutional investors own 87.99% of the company's stock.

Insider Activity at Marsh & McLennan Companies

In other news, CEO Dean Michael Klisura sold 9,569 shares of the business's stock in a transaction dated Monday, March 31st. The stock was sold at an average price of $245.00, for a total transaction of $2,344,405.00. Following the completion of the transaction, the chief executive officer now directly owns 20,935 shares of the company's stock, valued at approximately $5,129,075. The trade was a 31.37% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Paul Beswick sold 2,237 shares of the company's stock in a transaction dated Thursday, April 3rd. The stock was sold at an average price of $246.00, for a total value of $550,302.00. Following the transaction, the senior vice president now directly owns 13,522 shares of the company's stock, valued at approximately $3,326,412. This represents a 14.20% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.35% of the company's stock.

Marsh & McLennan Companies Trading Up 1.0%

NYSE:MMC traded up $2.09 on Friday, hitting $216.41. The stock had a trading volume of 4,677,558 shares, compared to its average volume of 1,959,036. The company has a fifty day moving average price of $225.13 and a two-hundred day moving average price of $224.77. 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 stock has a market cap of $106.63 billion, a price-to-earnings ratio of 26.52, a PEG ratio of 2.65 and a beta of 0.83.

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, beating analysts' consensus estimates of $3.02 by $0.04. Marsh & McLennan Companies had a return on equity of 32.19% and a net margin of 16.13%. The company had revenue of $6.70 billion for the quarter, compared to the consensus estimate of $7.08 billion. During the same quarter in the previous year, the business earned $2.89 earnings per share. Equities research analysts expect that Marsh & McLennan Companies, Inc. will post 9.61 earnings per share for the current fiscal year.

Analyst Ratings Changes

MMC has been the subject of several recent research reports. Keefe, Bruyette & Woods dropped their price target on Marsh & McLennan Companies from $220.00 to $215.00 and set an "underperform" rating for the company in a research report on Monday, April 21st. UBS Group lifted their target price on Marsh & McLennan Companies from $259.00 to $261.00 and gave the stock a "buy" rating in a report on Wednesday, April 9th. Jefferies Financial Group increased their price target on Marsh & McLennan Companies from $237.00 to $244.00 and gave the company a "hold" rating in a report on Friday, April 11th. Redburn Atlantic assumed coverage on shares of 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. Finally, Wells Fargo & Company increased their target price on shares of Marsh & McLennan Companies from $223.00 to $232.00 and gave the company an "equal weight" rating in a research note on Thursday, April 10th. Two analysts have rated the stock with a sell rating, seven have given a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $241.93.

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.