Revisor Wealth Management LLC Makes New $324,000 Investment in Marsh & McLennan Companies, Inc. (NYSE:MMC)

Revisor Wealth Management LLC acquired a new position in shares of Marsh & McLennan Companies, Inc. (NYSE:MMC - Free Report) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 1,329 shares of the financial services provider's stock, valued at approximately $324,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Defined Wealth Management LLC grew its holdings in shares of Marsh & McLennan Companies by 1.5% in the first quarter. Defined Wealth Management LLC now owns 3,198 shares of the financial services provider's stock valued at $780,000 after purchasing an additional 47 shares in the last quarter. DF Dent & Co. Inc. boosted its position in Marsh & McLennan Companies by 0.9% in the 4th quarter. DF Dent & Co. Inc. now owns 5,762 shares of the financial services provider's stock valued at $1,224,000 after buying an additional 49 shares during the period. Gerber Kawasaki Wealth & Investment Management grew its stake in shares of Marsh & McLennan Companies by 4.1% in the fourth quarter. Gerber Kawasaki Wealth & Investment Management now owns 1,260 shares of the financial services provider's stock worth $268,000 after acquiring an additional 50 shares in the last quarter. Citizens & Northern Corp raised its stake in shares of Marsh & McLennan Companies by 0.6% in the first quarter. Citizens & Northern Corp now owns 8,333 shares of the financial services provider's stock valued at $2,034,000 after acquiring an additional 51 shares in the last quarter. Finally, Deseret Mutual Benefit Administrators boosted its holdings in Marsh & McLennan Companies by 3.4% in the first quarter. Deseret Mutual Benefit Administrators now owns 1,548 shares of the financial services provider's stock valued at $378,000 after purchasing an additional 51 shares during the period. 87.99% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

MMC has been the topic of a number of 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 target on the stock. Barclays upped their target price on shares of Marsh & McLennan Companies from $246.00 to $249.00 and gave the stock an "equal weight" rating in a research note on Friday, April 11th. Keefe, Bruyette & Woods lowered their price target on shares of Marsh & McLennan Companies from $220.00 to $215.00 and set an "underperform" rating for the company in a report on Monday, April 21st. Jefferies Financial Group increased their price objective on shares of Marsh & McLennan Companies from $237.00 to $244.00 and gave the company a "hold" rating in a research report on Friday, April 11th. Finally, Wells Fargo & Company lifted their price objective on shares of Marsh & McLennan Companies from $223.00 to $232.00 and gave the stock an "equal weight" rating in a research report on Thursday, April 10th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $241.93.

Marsh & McLennan Companies Stock Down 0.1%

Shares of NYSE MMC traded down $0.30 during mid-day trading on Friday, reaching $212.43. The company had a trading volume of 1,711,836 shares, compared to its average volume of 1,966,173. Marsh & McLennan Companies, Inc. has a 52-week low of $207.21 and a 52-week high of $248.00. The stock has a market cap of $104.67 billion, a P/E ratio of 26.03, a PEG ratio of 2.64 and a beta of 0.80. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 1.32. The firm has a 50 day simple moving average of $223.77 and a two-hundred day simple moving average of $224.73.

Marsh & McLennan Companies (NYSE:MMC - Get Free Report) last issued its quarterly earnings data on Thursday, April 17th. The financial services provider reported $3.06 earnings per share (EPS) for the quarter, topping the consensus estimate 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 analyst estimates of $7.08 billion. During the same quarter last year, the company posted $2.89 earnings per share. Sell-side analysts predict that Marsh & McLennan Companies, Inc. will post 9.61 earnings per share for the current year.

Marsh & McLennan Companies 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.