Rothschild Capital Partners LLC Makes New Investment in Marsh & McLennan Companies, Inc. (NYSE:MMC)

Rothschild Capital Partners LLC bought a new stake in Marsh & McLennan Companies, Inc. (NYSE:MMC - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 1,380 shares of the financial services provider's stock, valued at approximately $293,000.

Several other hedge funds have also recently modified their holdings of the stock. Kovitz Investment Group Partners LLC grew its position in shares of Marsh & McLennan Companies by 671.9% in the fourth quarter. Kovitz Investment Group Partners LLC now owns 85,809 shares of the financial services provider's stock valued at $18,227,000 after purchasing an additional 74,693 shares during the last quarter. Voya Investment Management LLC increased its position in Marsh & McLennan Companies by 18.4% during the fourth quarter. Voya Investment Management LLC now owns 202,440 shares of the financial services provider's stock worth $43,000,000 after buying an additional 31,455 shares in the last quarter. Integrated Wealth Concepts LLC lifted its position in shares of Marsh & McLennan Companies by 10.1% in the fourth quarter. Integrated Wealth Concepts LLC now owns 4,942 shares of the financial services provider's stock valued at $1,050,000 after acquiring an additional 453 shares in the last quarter. Burling Wealth Partners LLC acquired a new stake in shares of Marsh & McLennan Companies during the fourth quarter valued at $4,200,000. Finally, MGO One Seven LLC raised its stake in Marsh & McLennan Companies by 19.3% in the 4th quarter. MGO One Seven LLC now owns 5,819 shares of the financial services provider's stock valued at $1,236,000 after purchasing an additional 940 shares during the last quarter. 87.99% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts recently commented on the company. JPMorgan Chase & Co. upped their target price on Marsh & McLennan Companies from $230.00 to $235.00 and gave the company a "neutral" rating in a research note on Friday, January 3rd. Raymond James reiterated an "outperform" rating and issued a $250.00 price target (up previously from $240.00) on shares of Marsh & McLennan Companies in a report on Thursday, February 6th. Barclays increased their target price on Marsh & McLennan Companies from $246.00 to $249.00 and gave the stock an "equal weight" rating in a research report on Friday, April 11th. Redburn Atlantic assumed coverage on shares of 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. Finally, UBS Group upped their target price 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's stock. According to MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $241.93.

Marsh & McLennan Companies Stock Up 0.3 %

NYSE MMC traded up $0.56 on Wednesday, hitting $222.56. 784,067 shares of the stock traded hands, compared to its average volume of 1,873,161. The company has a market capitalization of $109.66 billion, a P/E ratio of 27.17, a price-to-earnings-growth ratio of 2.70 and a beta of 0.85. The stock has a 50-day moving average of $231.40 and a 200 day moving average of $224.57. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 1.44. Marsh & McLennan Companies, Inc. has a twelve month low of $196.72 and a twelve month high of $248.00.

Marsh & McLennan Companies (NYSE:MMC - Get Free Report) last released 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 during the quarter, compared to the consensus estimate of $7.08 billion. Marsh & McLennan Companies had a net margin of 16.60% and a return on equity of 32.60%. During the same quarter in the previous year, the company posted $2.89 earnings per share. As a group, analysts expect that Marsh & McLennan Companies, Inc. will post 9.61 earnings per share for the current fiscal year.

Marsh & McLennan Companies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, May 15th. Stockholders of record on Thursday, April 3rd will be issued a dividend of $0.815 per share. This represents a $3.26 annualized dividend and a dividend yield of 1.46%. The ex-dividend date is Thursday, April 3rd. Marsh & McLennan Companies's dividend payout ratio (DPR) is presently 39.95%.

Insider Buying and Selling

In other Marsh & McLennan Companies news, CEO Dean Michael Klisura sold 7,121 shares of the business's stock in a transaction on Monday, March 10th. The stock was sold at an average price of $234.97, for a total transaction of $1,673,221.37. Following the completion of the transaction, the chief executive officer now owns 20,935 shares in the company, valued at approximately $4,919,096.95. The trade was a 25.38 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Nicholas Mark Studer sold 49,390 shares of Marsh & McLennan Companies stock in a transaction dated Wednesday, March 12th. The shares were sold at an average price of $230.16, for a total transaction of $11,367,602.40. Following the sale, the chief executive officer now owns 28,329 shares in the company, valued at approximately $6,520,202.64. This represents a 63.55 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 69,634 shares of company stock valued at $16,244,986. Insiders own 0.35% of the company's stock.

Marsh & McLennan Companies Company 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.