Marsh & McLennan Companies, Inc. $MRSH Stock Position Increased by Cryder Capital Partners LLP

Key Points

• Cryder Capital Partners increased its stake in Marsh & McLennan by 32.5% in Q4 to 477,744 shares (about $88.6M), making MRSH its 10th-largest holding and roughly 5.2% of Cryder's portfolio.
• Marsh & McLennan beat Q1 estimates with $3.29 EPS vs. $3.21 expected and revenue of $7.30B (up 7.6% y/y), and announced a quarterly dividend of $0.90 ($3.60 annual, ~2.2% yield).
• Analysts have a consensus rating of Hold with an average price target of $205.33 while the stock trades near $167 (market cap ~$80.6B, P/E ~20.9).

Cryder Capital Partners LLP grew its stake in shares of Marsh & McLennan Companies, Inc. (NYSE:MRSH - Free Report) by 32.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 477,744 shares of the financial services provider's stock after acquiring an additional 117,115 shares during the quarter. Marsh & McLennan Companies comprises about 5.2% of Cryder Capital Partners LLP's investment portfolio, making the stock its 10th biggest holding. Cryder Capital Partners LLP owned 0.10% of Marsh & McLennan Companies worth $88,631,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Numerai GP LLC lifted its stake in shares of Marsh & McLennan Companies by 966.2% in the 3rd quarter. Numerai GP LLC now owns 37,220 shares of the financial services provider's stock worth $7,501,000 after purchasing an additional 33,729 shares during the period. Rockland Trust Co. lifted its stake in shares of Marsh & McLennan Companies by 801.6% in the 3rd quarter. Rockland Trust Co. now owns 12,073 shares of the financial services provider's stock worth $2,433,000 after purchasing an additional 10,734 shares during the period. Barclays PLC lifted its stake in shares of Marsh & McLennan Companies by 41.7% in the 3rd quarter. Barclays PLC now owns 2,202,372 shares of the financial services provider's stock worth $443,844,000 after purchasing an additional 647,987 shares during the period. Navera Investment Management Ltd. lifted its stake in shares of Marsh & McLennan Companies by 7.0% in the 3rd quarter. Navera Investment Management Ltd. now owns 1,623,960 shares of the financial services provider's stock worth $327,303,000 after purchasing an additional 105,954 shares during the period. Finally, Bridges Investment Management Inc. lifted its stake in shares of Marsh & McLennan Companies by 4.4% in the 3rd quarter. Bridges Investment Management Inc. now owns 76,196 shares of the financial services provider's stock worth $15,356,000 after purchasing an additional 3,177 shares during the period. Hedge funds and other institutional investors own 87.99% of the company's stock.

Marsh & McLennan Companies Trading Up 0.0%

Shares of NYSE:MRSH opened at $167.30 on Wednesday. Marsh & McLennan Companies, Inc. has a 12-month low of $164.89 and a 12-month high of $235.78. The firm has a fifty day moving average of $173.34. The stock has a market cap of $80.60 billion, a P/E ratio of 20.91, a PEG ratio of 2.45 and a beta of 0.65. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.11 and a quick ratio of 1.11.

Marsh & McLennan Companies (NYSE:MRSH - Get Free Report) last announced its quarterly earnings results on Thursday, April 16th. The financial services provider reported $3.29 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.21 by $0.08. The business had revenue of $7.30 billion for the quarter. Marsh & McLennan Companies had a return on equity of 31.87% and a net margin of 14.26%.The company's revenue was up 7.6% on a year-over-year basis. Research analysts predict that Marsh & McLennan Companies, Inc. will post 10.36 EPS for the current year.

Marsh & McLennan Companies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, May 15th. Investors of record on Thursday, April 9th will be paid a $0.90 dividend. The ex-dividend date is Thursday, April 9th. This represents a $3.60 dividend on an annualized basis and a yield of 2.2%. Marsh & McLennan Companies's dividend payout ratio (DPR) is 45.00%.

Analysts Set New Price Targets

MRSH has been the topic of several recent research reports. Citigroup increased their price objective on shares of Marsh & McLennan Companies from $201.00 to $205.00 and gave the stock a "neutral" rating in a research note on Tuesday, February 3rd. Raymond James Financial raised shares of Marsh & McLennan Companies from an "outperform" rating to a "strong-buy" rating and set a $225.00 target price for the company in a report on Tuesday, February 17th. Royal Bank Of Canada reissued a "sector perform" rating and issued a $200.00 target price on shares of Marsh & McLennan Companies in a report on Friday, January 30th. Wells Fargo & Company reduced their target price on shares of Marsh & McLennan Companies from $203.00 to $178.00 and set an "equal weight" rating for the company in a report on Thursday, April 9th. Finally, Cantor Fitzgerald increased their target price on shares of Marsh & McLennan Companies from $208.00 to $212.00 and gave the stock an "overweight" rating in a report on Monday, February 2nd. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $205.33.

Insider Transactions at Marsh & McLennan Companies

In other Marsh & McLennan Companies news, CEO John Q. Doyle sold 16,655 shares of the firm's stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $183.30, for a total transaction of $3,052,861.50. Following the completion of the transaction, the chief executive officer directly owned 116,811 shares of the company's stock, valued at approximately $21,411,456.30. This trade represents a 12.48% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 0.38% of the stock is owned by company insiders.

Marsh & McLennan Companies Profile

Marsh & McLennan Companies NYSE: MMC is a global professional services firm headquartered in New York City that provides advice and solutions in the areas of risk, strategy and people. Founded in 1905, the company has grown into a diversified group of businesses focused on insurance brokerage and risk management, reinsurance, human capital and investment consulting, and management consulting. Its long history and scale position it as a prominent adviser to corporations, governments and other institutions seeking to manage risk and optimize human and financial capital.

The firm operates through several well-known subsidiaries and business units that specialize in distinct services.

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