Marsh & McLennan Companies, Inc. (NYSE:MMC) Stock Holdings Increased by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. grew its stake in Marsh & McLennan Companies, Inc. (NYSE:MMC - Free Report) by 18.2% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,978,219 shares of the financial services provider's stock after purchasing an additional 304,388 shares during the period. Marsh & McLennan Companies comprises approximately 0.9% of Robeco Institutional Asset Management B.V.'s investment portfolio, making the stock its 15th largest holding. Robeco Institutional Asset Management B.V. owned 0.40% of Marsh & McLennan Companies worth $482,745,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in MMC. Norges Bank purchased a new stake in shares of Marsh & McLennan Companies in the fourth quarter valued at approximately $1,236,186,000. Stifel Financial Corp raised its position in Marsh & McLennan Companies by 551.0% during the fourth quarter. Stifel Financial Corp now owns 2,224,932 shares of the financial services provider's stock worth $472,599,000 after acquiring an additional 1,883,146 shares during the period. Amundi raised its holdings in shares of Marsh & McLennan Companies by 81.1% during the 4th quarter. Amundi now owns 4,072,976 shares of the financial services provider's stock worth $860,824,000 after acquiring an additional 1,823,807 shares during the period. GAMMA Investing LLC grew its holdings in shares of Marsh & McLennan Companies by 32,120.9% in the first quarter. GAMMA Investing LLC now owns 1,515,670 shares of the financial services provider's stock valued at $369,869,000 after purchasing an additional 1,510,966 shares during the period. Finally, Raymond James Financial Inc. purchased a new position in Marsh & McLennan Companies during the fourth quarter worth about $207,278,000. 87.99% of the stock is owned by hedge funds and other institutional investors.

Marsh & McLennan Companies Trading Up 1.2%

NYSE:MMC traded up $2.56 during mid-day trading on Friday, reaching $218.58. The company's stock had a trading volume of 381,005 shares, compared to its average volume of 2,170,962. Marsh & McLennan Companies, Inc. has a twelve month low of $207.21 and a twelve month high of $248.00. The company's fifty day simple moving average is $224.14 and its two-hundred day simple moving average is $224.60. The company has a debt-to-equity ratio of 1.32, a current ratio of 1.14 and a quick ratio of 1.14. The stock has a market cap of $107.70 billion, a P/E ratio of 26.79, a P/E/G ratio of 2.65 and a beta of 0.83.

Marsh & McLennan Companies (NYSE:MMC - Get Free Report) last issued its quarterly 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. The firm had revenue of $6.70 billion during the quarter, compared to analyst estimates of $7.08 billion. Marsh & McLennan Companies had a net margin of 16.13% and a return on equity of 32.19%. During the same quarter in the prior year, the business posted $2.89 earnings per share. On average, equities analysts predict that Marsh & McLennan Companies, Inc. will post 9.61 EPS for the current year.

Wall Street Analyst Weigh In

Several research firms have recently commented on MMC. Barclays lifted their price target on shares of Marsh & McLennan Companies from $246.00 to $249.00 and gave the company an "equal weight" rating in a research report on Friday, April 11th. Jefferies Financial Group boosted their price objective on Marsh & McLennan Companies from $237.00 to $244.00 and gave the stock a "hold" rating in a research report on Friday, April 11th. Keefe, Bruyette & Woods reduced 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 report on Monday, April 21st. Redburn Atlantic started coverage on Marsh & McLennan Companies in a report on Tuesday, March 25th. They issued a "buy" rating and a $281.00 price objective on the stock. Finally, UBS Group increased their price target on shares of Marsh & McLennan Companies from $259.00 to $261.00 and gave the company a "buy" rating in a research note on Wednesday, April 9th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and five have issued a buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $241.93.

Insider Buying and Selling at Marsh & McLennan Companies

In other Marsh & McLennan Companies news, SVP Paul Beswick sold 2,237 shares of the stock in a transaction that occurred on Thursday, April 3rd. The stock was sold at an average price of $246.00, for a total transaction of $550,302.00. Following the transaction, the senior vice president now owns 13,522 shares of the company's stock, valued at $3,326,412. This trade represents a 14.20% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Dean Michael Klisura sold 9,569 shares of Marsh & McLennan Companies stock in a transaction dated Monday, March 31st. The shares were 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 $5,129,075. This trade represents a 31.37% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.35% of the stock is currently owned by corporate insiders.

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.