Mn Services Vermogensbeheer B.V. Cuts Position in Marsh & McLennan Companies, Inc. (NYSE:MMC)

Mn Services Vermogensbeheer B.V. reduced its holdings in Marsh & McLennan Companies, Inc. (NYSE:MMC - Free Report) by 3.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 234,788 shares of the financial services provider's stock after selling 7,300 shares during the period. Mn Services Vermogensbeheer B.V.'s holdings in Marsh & McLennan Companies were worth $44,485,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of MMC. FMR LLC raised its holdings in shares of Marsh & McLennan Companies by 0.3% during the 3rd quarter. FMR LLC now owns 19,423,136 shares of the financial services provider's stock worth $3,696,223,000 after acquiring an additional 61,408 shares during the period. Moneta Group Investment Advisors LLC increased its position in Marsh & McLennan Companies by 105,777.7% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 9,772,516 shares of the financial services provider's stock worth $1,617,156,000 after purchasing an additional 9,763,286 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in Marsh & McLennan Companies by 0.4% in the 3rd quarter. Ameriprise Financial Inc. now owns 8,278,659 shares of the financial services provider's stock valued at $1,575,881,000 after purchasing an additional 31,821 shares during the last quarter. Morgan Stanley grew its stake in shares of Marsh & McLennan Companies by 49.2% in the 4th quarter. Morgan Stanley now owns 6,293,827 shares of the financial services provider's stock valued at $1,041,503,000 after buying an additional 2,075,928 shares during the period. Finally, Northern Trust Corp increased its holdings in shares of Marsh & McLennan Companies by 4.8% during the 3rd quarter. Northern Trust Corp now owns 5,979,821 shares of the financial services provider's stock worth $1,137,960,000 after buying an additional 271,408 shares during the last quarter. 87.99% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on MMC. Evercore ISI increased their price objective on Marsh & McLennan Companies from $212.00 to $218.00 and gave the stock an "outperform" rating in a research report on Thursday. The Goldman Sachs Group lowered shares of Marsh & McLennan Companies from a "buy" rating to a "sell" rating and reduced their price objective for the company from $215.00 to $185.00 in a report on Monday, January 8th. Keefe, Bruyette & Woods increased their target price on shares of Marsh & McLennan Companies from $185.00 to $188.00 and gave the stock an "underperform" rating in a research note on Wednesday. Royal Bank of Canada boosted their price target on shares of Marsh & McLennan Companies from $200.00 to $208.00 and gave the company a "sector perform" rating in a research note on Friday, January 26th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Marsh & McLennan Companies from $190.00 to $198.00 and gave the stock a "neutral" rating in a research report on Monday, April 8th. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, Marsh & McLennan Companies currently has an average rating of "Hold" and a consensus target price of $204.64.

Insiders Place Their Bets

In related news, CEO Dean Michael Klisura sold 9,994 shares of the company's stock in a transaction that occurred on Friday, March 8th. The stock was sold at an average price of $205.00, for a total value of $2,048,770.00. Following the completion of the transaction, the chief executive officer now directly owns 20,935 shares of the company's stock, valued at $4,291,675. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, CEO Dean Michael Klisura sold 9,994 shares of the business's stock in a transaction on Friday, March 8th. The shares were sold at an average price of $205.00, for a total value of $2,048,770.00. Following the completion of the sale, the chief executive officer now directly owns 20,935 shares of the company's stock, valued at $4,291,675. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, VP Stacy Mills sold 1,461 shares of the firm's stock in a transaction dated Thursday, March 14th. The stock was sold at an average price of $209.16, for a total value of $305,582.76. Following the transaction, the vice president now directly owns 2,923 shares in the company, valued at approximately $611,374.68. The disclosure for this sale can be found here. Insiders sold 36,751 shares of company stock valued at $7,448,163 in the last ninety days. Insiders own 0.30% of the company's stock.

Marsh & McLennan Companies Stock Down 0.6 %

NYSE MMC traded down $1.12 during trading hours on Friday, hitting $198.07. 1,933,741 shares of the company were exchanged, compared to its average volume of 1,696,344. The company has a 50 day moving average of $202.50 and a two-hundred day moving average of $196.59. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 0.96. The firm has a market cap of $97.75 billion, a price-to-earnings ratio of 26.30, a PEG ratio of 3.63 and a beta of 0.90. Marsh & McLennan Companies, Inc. has a 52-week low of $169.50 and a 52-week high of $209.20.

Marsh & McLennan Companies (NYSE:MMC - Get Free Report) last issued its earnings results on Thursday, January 25th. The financial services provider reported $1.68 earnings per share for the quarter, beating the consensus estimate of $1.63 by $0.05. Marsh & McLennan Companies had a net margin of 16.52% and a return on equity of 33.72%. The firm had revenue of $5.55 billion for the quarter, compared to analysts' expectations of $5.54 billion. During the same quarter last year, the company earned $1.47 earnings per share. The firm's revenue was up 10.6% compared to the same quarter last year. Equities research analysts anticipate that Marsh & McLennan Companies, Inc. will post 8.56 earnings per share for the current year.

Marsh & McLennan Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 15th. Investors of record on Thursday, April 4th will be issued a $0.71 dividend. This represents a $2.84 annualized dividend and a yield of 1.43%. The ex-dividend date of this dividend is Wednesday, April 3rd. Marsh & McLennan Companies's dividend payout ratio (DPR) is presently 37.72%.

Marsh & McLennan Companies Profile

Marsh & McLennan Companies, Inc, a professional services company, provides advice and solutions to clients in the areas of risk, strategy, and people worldwide. It operates through Risk and Insurance Services, and Consulting segments. The Risk and Insurance Services segment offers risk management services, such as risk advice, risk transfer, and risk control and mitigation solutions, as well as insurance and reinsurance broking, strategic advisory services, and analytics solutions, and insurance program management services.