Traders bought shares of Marsh & McLennan Cos. (NYSE:MMC) on weakness during trading on Wednesday. $38.24 million flowed into the stock on the tick-up and $20.24 million flowed out of the stock on the tick-down, for a money net flow of $18.00 million into the stock. Of all stocks tracked, Marsh & McLennan Cos. had the 15th highest net in-flow for the day. Marsh & McLennan Cos. traded down ($0.17) for the day and closed at $66.47

A number of brokerages recently weighed in on MMC. Zacks Investment Research raised Marsh & McLennan Cos. from a “hold” rating to a “buy” rating and set a $71.00 price objective on the stock in a research report on Tuesday, May 3rd. Credit Suisse Group AG reaffirmed a “hold” rating and set a $55.00 price objective on shares of Marsh & McLennan Cos. in a research report on Friday, April 29th. BMO Capital Markets reaffirmed a “market perform” rating and set a $73.00 price objective (down previously from $77.00) on shares of Marsh & McLennan Cos. in a research report on Tuesday, July 12th. Barclays PLC reaffirmed an “overweight” rating and set a $71.00 price objective on shares of Marsh & McLennan Cos. in a research report on Tuesday, June 21st. Finally, MKM Partners raised their price objective on Marsh & McLennan Cos. from $56.00 to $65.00 and gave the company a “neutral” rating in a research report on Friday, April 29th. Five analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $65.10.

The stock has a 50-day moving average of $66.53 and a 200 day moving average of $61.29. The stock has a market capitalization of $34.65 billion and a PE ratio of 22.16.

Marsh & McLennan Cos. (NYSE:MMC) last issued its quarterly earnings results on Thursday, July 28th. The company reported $0.91 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.91. The company had revenue of $3.40 billion for the quarter, compared to analysts’ expectations of $3.38 billion. On average, equities analysts anticipate that Marsh & McLennan Cos. will post $3.39 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Monday, August 15th. Shareholders of record on Monday, July 11th will be issued a dividend of $0.34 per share. The ex-dividend date is Thursday, July 7th. This represents a $1.36 annualized dividend and a yield of 2.05%. This is a positive change from Marsh & McLennan Cos.’s previous quarterly dividend of $0.31.

In other news, CEO Daniel S. Glaser sold 163,300 shares of the company’s stock in a transaction dated Friday, May 20th. The stock was sold at an average price of $64.44, for a total transaction of $10,523,052.00. Following the completion of the transaction, the chief executive officer now directly owns 444,437 shares of the company’s stock, valued at approximately $28,639,520.28. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Peter J. Beshar sold 110,157 shares of the company’s stock in a transaction dated Thursday, May 12th. The stock was sold at an average price of $64.15, for a total value of $7,066,571.55. Following the transaction, the executive vice president now directly owns 134,218 shares of the company’s stock, valued at $8,610,084.70. The disclosure for this sale can be found here.

Several hedge funds and institutional investors have added to or reduced their stakes in the company. Diamond Hill Capital Management Inc. boosted its position in Marsh & McLennan Cos. by 5.1% in the fourth quarter. Diamond Hill Capital Management Inc. now owns 2,837,445 shares of the company’s stock valued at $157,336,000 after buying an additional 138,912 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in Marsh & McLennan Cos. by 14.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,085,796 shares of the company’s stock valued at $60,212,000 after buying an additional 134,222 shares in the last quarter. Bank of Montreal Can boosted its position in Marsh & McLennan Cos. by 29.5% in the fourth quarter. Bank of Montreal Can now owns 354,707 shares of the company’s stock valued at $19,668,000 after buying an additional 80,724 shares in the last quarter. Advisors Asset Management Inc. boosted its position in Marsh & McLennan Cos. by 84.8% in the fourth quarter. Advisors Asset Management Inc. now owns 81,181 shares of the company’s stock valued at $4,501,000 after buying an additional 37,258 shares in the last quarter. Finally, Coho Partners Ltd. boosted its position in Marsh & McLennan Cos. by 1.7% in the fourth quarter. Coho Partners Ltd. now owns 1,482,426 shares of the company’s stock valued at $82,201,000 after buying an additional 24,340 shares in the last quarter.

Marsh & McLennan Companies, Inc is a professional services firm offering clients advice and solutions in risk, strategy and people. The Company is the parent company of various specialty consultants, including Marsh, an insurance broker, intermediary and risk advisor; Guy Carpenter, a risk and reinsurance specialist; Mercer, a provider of human resource (HR) and related financial advice and services, and Oliver Wyman Group, a management, economic and brand consultancy.

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