Kintegral Advisory LLC Sells 5,100 Shares of Marsh & McLennan Companies, Inc. (NYSE:MMC)

Kintegral Advisory LLC cut its position in Marsh & McLennan Companies, Inc. (NYSE:MMC - Free Report) by 32.9% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,394 shares of the financial services provider's stock after selling 5,100 shares during the period. Kintegral Advisory LLC's holdings in Marsh & McLennan Companies were worth $2,536,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of MMC. Catalyst Capital Advisors LLC increased its holdings in Marsh & McLennan Companies by 45.0% during the 1st quarter. Catalyst Capital Advisors LLC now owns 1,053 shares of the financial services provider's stock valued at $257,000 after purchasing an additional 327 shares in the last quarter. IFM Investors Pty Ltd lifted its position in Marsh & McLennan Companies by 9.1% during the 1st quarter. IFM Investors Pty Ltd now owns 96,686 shares of the financial services provider's stock worth $21,570,000 after buying an additional 8,057 shares in the last quarter. Calamos Wealth Management LLC lifted its stake in Marsh & McLennan Companies by 1.2% in the first quarter. Calamos Wealth Management LLC now owns 52,736 shares of the financial services provider's stock valued at $12,869,000 after buying an additional 631 shares during the period. Calamos Advisors LLC boosted its holdings in Marsh & McLennan Companies by 4.5% during the first quarter. Calamos Advisors LLC now owns 276,184 shares of the financial services provider's stock worth $67,397,000 after buying an additional 11,992 shares during the last quarter. Finally, Checchi Capital Advisers LLC increased its holdings in shares of Marsh & McLennan Companies by 1.5% in the first quarter. Checchi Capital Advisers LLC now owns 6,444 shares of the financial services provider's stock worth $1,573,000 after acquiring an additional 94 shares in the last quarter. Institutional investors and hedge funds own 87.99% of the company's stock.

Marsh & McLennan Companies Stock Performance

Shares of NYSE:MMC traded down $0.30 on Friday, reaching $212.43. 1,711,836 shares of the company's stock were exchanged, compared to its average volume of 1,963,196. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 1.32. Marsh & McLennan Companies, Inc. has a twelve month low of $207.21 and a twelve month high of $248.00. The company has a fifty day moving average of $223.91 and a 200-day moving average of $224.63. The company has a market capitalization of $104.67 billion, a price-to-earnings ratio of 26.03, a PEG ratio of 2.64 and a beta of 0.80.

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

Wall Street Analysts Forecast Growth

MMC has been the subject of several research analyst reports. Redburn Atlantic initiated coverage on Marsh & McLennan Companies in a research report on Tuesday, March 25th. They issued a "buy" rating and a $281.00 price objective for the company. Wells Fargo & Company upped their price target on shares of Marsh & McLennan Companies from $223.00 to $232.00 and gave the company an "equal weight" rating in a report on Thursday, April 10th. Barclays raised their price objective on shares of Marsh & McLennan Companies from $246.00 to $249.00 and gave the stock an "equal weight" rating in a report on Friday, April 11th. UBS Group increased 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. Finally, Jefferies Financial Group boosted their price objective on shares of Marsh & McLennan Companies from $237.00 to $244.00 and gave the stock a "hold" rating in a research report on Friday, April 11th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and five have given a buy rating to the company. According to data from MarketBeat, Marsh & McLennan Companies 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.