Landscape Capital Management L.L.C. Has $1.34 Million Stock Position in Marsh & McLennan Companies, Inc. $MMC

Key Points

• Landscape Capital Management L.L.C. significantly reduced its stake in Marsh & McLennan Companies by selling 5,468 shares, leaving it with 5,478 shares valued at approximately $1.34 million.
• Major investors like Vanguard and Wellington Management increased their stakes in Marsh & McLennan, indicating strong institutional confidence in the firm, with Vanguard now owning over $11 billion worth of shares.
• Marsh & McLennan recently announced a quarterly dividend increase to $0.90 per share, reflecting a commitment to returning value to shareholders amidst a reported revenue increase of 12.1% year-over-year.

Landscape Capital Management L.L.C. cut its stake in Marsh & McLennan Companies, Inc. (NYSE:MMC - Free Report) by 50.0% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,478 shares of the financial services provider's stock after selling 5,468 shares during the period. Landscape Capital Management L.L.C.'s holdings in Marsh & McLennan Companies were worth $1,337,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the stock. Accent Capital Management LLC acquired a new stake in shares of Marsh & McLennan Companies during the 1st quarter worth approximately $25,000. Knuff & Co LLC bought a new position in shares of Marsh & McLennan Companies during the 1st quarter worth about $28,000. City Holding Co. acquired a new stake in shares of Marsh & McLennan Companies during the 1st quarter valued at about $37,000. Capital Analysts LLC increased its stake in Marsh & McLennan Companies by 61.0% in the first quarter. Capital Analysts LLC now owns 169 shares of the financial services provider's stock valued at $41,000 after acquiring an additional 64 shares during the period. Finally, Ameriflex Group Inc. acquired a new position in Marsh & McLennan Companies in the fourth quarter worth about $37,000. Institutional investors and hedge funds own 87.99% of the company's stock.

Marsh & McLennan Companies Trading Down 0.2%

MMC traded down $0.42 during trading on Wednesday, reaching $205.02. 703,020 shares of the company's stock were exchanged, compared to its average volume of 2,251,993. Marsh & McLennan Companies, Inc. has a fifty-two week low of $196.27 and a fifty-two week high of $248.00. The company's fifty day moving average price is $208.83 and its 200-day moving average price is $221.91. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.20 and a current ratio of 1.20. The firm has a market capitalization of $100.79 billion, a PE ratio of 24.58, a P/E/G ratio of 2.58 and a beta of 0.81.

Marsh & McLennan Companies (NYSE:MMC - Get Free Report) last posted its earnings results on Thursday, July 17th. The financial services provider reported $2.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.66 by $0.06. Marsh & McLennan Companies had a return on equity of 31.90% and a net margin of 16.00%.The company had revenue of $6.97 billion during the quarter, compared to analyst estimates of $6.92 billion. During the same period in the previous year, the company earned $2.41 EPS. The company's revenue for the quarter was up 12.1% compared to the same quarter last year. As a group, equities analysts forecast that Marsh & McLennan Companies, Inc. will post 9.61 EPS for the current year.

Marsh & McLennan Companies Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 15th. Investors of record on Thursday, July 24th were paid a dividend of $0.90 per share. This represents a $3.60 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend was Thursday, July 24th. This is a boost from Marsh & McLennan Companies's previous quarterly dividend of $0.82. Marsh & McLennan Companies's dividend payout ratio (DPR) is 43.17%.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on MMC shares. UBS Group dropped their target price on Marsh & McLennan Companies from $261.00 to $258.00 and set a "buy" rating for the company in a report on Monday, July 21st. Cantor Fitzgerald began coverage on shares of Marsh & McLennan Companies in a research note on Wednesday, August 13th. They issued an "overweight" rating and a $256.00 target price on the stock. Barclays dropped their target price on shares of Marsh & McLennan Companies from $249.00 to $233.00 and set an "equal weight" rating for the company in a research report on Monday, July 7th. Citigroup assumed coverage on shares of Marsh & McLennan Companies in a research note on Wednesday, August 13th. They set a "neutral" rating and a $226.00 price objective on the stock. Finally, Morgan Stanley cut their target price on shares of Marsh & McLennan Companies from $225.00 to $220.00 and set an "equal weight" rating for the company in a research note on Monday, August 18th. Six analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, Marsh & McLennan Companies presently has an average rating of "Hold" and an average target price of $238.76.

Marsh & McLennan Companies Company 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.