Marsh & McLennan Companies, Inc. (NYSE:MMC) Stock Holdings Raised by Vectors Research Management LLC

Vectors Research Management LLC increased its stake in shares of Marsh & McLennan Companies, Inc. (NYSE:MMC - Free Report) by 41.1% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,402 shares of the financial services provider's stock after purchasing an additional 3,904 shares during the quarter. Marsh & McLennan Companies accounts for 1.1% of Vectors Research Management LLC's holdings, making the stock its 26th largest holding. Vectors Research Management LLC's holdings in Marsh & McLennan Companies were worth $3,271,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of the stock. Ledyard National Bank raised its holdings in shares of Marsh & McLennan Companies by 6.2% in the 1st quarter. Ledyard National Bank now owns 7,482 shares of the financial services provider's stock valued at $1,826,000 after purchasing an additional 437 shares in the last quarter. Legacy Advisors LLC increased its holdings in Marsh & McLennan Companies by 2.3% in the first quarter. Legacy Advisors LLC now owns 28,826 shares of the financial services provider's stock valued at $7,034,000 after buying an additional 655 shares during the last quarter. Asset Management One Co. Ltd. raised its stake in Marsh & McLennan Companies by 6.0% in the first quarter. Asset Management One Co. Ltd. now owns 222,158 shares of the financial services provider's stock valued at $54,213,000 after buying an additional 12,592 shares in the last quarter. Oppenheimer & Co. Inc. lifted its holdings in Marsh & McLennan Companies by 5.9% during the 1st quarter. Oppenheimer & Co. Inc. now owns 5,826 shares of the financial services provider's stock worth $1,422,000 after buying an additional 323 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. increased its holdings in shares of Marsh & McLennan Companies by 15.5% in the 1st quarter. Oppenheimer Asset Management Inc. now owns 80,667 shares of the financial services provider's stock valued at $19,685,000 after acquiring an additional 10,853 shares during the last quarter. Hedge funds and other institutional investors own 87.99% of the company's stock.

Insider Transactions at Marsh & McLennan Companies

In other Marsh & McLennan Companies news, SVP Paul Beswick sold 2,237 shares of the firm's stock in a transaction on Thursday, April 3rd. The stock was sold at an average price of $246.00, for a total value of $550,302.00. Following the completion of the sale, the senior vice president now owns 13,522 shares of the company's stock, valued at approximately $3,326,412. This trade represents a 14.20% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Dean Michael Klisura sold 9,569 shares of the company's 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 sale, the chief executive officer now directly owns 20,935 shares in the company, valued at $5,129,075. This trade represents a 31.37% decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.35% of the company's stock.

Marsh & McLennan Companies Stock Performance

MMC stock traded down $3.32 during trading on Wednesday, hitting $216.35. The company had a trading volume of 1,743,217 shares, compared to its average volume of 1,959,510. Marsh & McLennan Companies, Inc. has a 1-year low of $207.21 and a 1-year high of $248.00. The firm has a 50-day moving average price of $224.51 and a 200-day moving average price of $224.67. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 1.32. The firm has a market cap of $106.60 billion, a PE ratio of 26.51, a price-to-earnings-growth ratio of 2.68 and a beta of 0.83.

Marsh & McLennan Companies (NYSE:MMC - Get Free Report) last released 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. Marsh & McLennan Companies had a return on equity of 32.19% and a net margin of 16.13%. The business had revenue of $6.70 billion during the quarter, compared to analysts' expectations of $7.08 billion. During the same quarter in the prior year, the business earned $2.89 earnings per share. On average, analysts expect that Marsh & McLennan Companies, Inc. will post 9.61 earnings per share for the current year.

Analysts Set New Price Targets

MMC has been the subject of several recent analyst reports. Barclays boosted their target price on 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 reduced their price objective on shares of Marsh & McLennan Companies from $220.00 to $215.00 and set an "underperform" rating for the company in a research report on Monday, April 21st. Jefferies Financial Group increased their target price 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. UBS Group boosted 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 report on Wednesday, April 9th. Finally, Wells Fargo & Company raised their price objective on Marsh & McLennan Companies from $223.00 to $232.00 and gave the stock an "equal weight" rating in a report on Thursday, April 10th. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $241.93.

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.