Traders sold shares of Marsh & McLennan Companies, Inc. (NYSE:MMC) on strength during trading hours on Tuesday. $8.80 million flowed into the stock on the tick-up and $14.11 million flowed out of the stock on the tick-down, for a money net flow of $5.31 million out of the stock. Of all equities tracked, Marsh & McLennan Companies had the 43rd highest net out-flow for the day. Marsh & McLennan Companies traded up $0.55 for the day and closed at $78.42

MMC has been the topic of several recent research reports. Barclays PLC lifted their target price on Marsh & McLennan Companies from $84.00 to $92.00 and gave the stock an “overweight” rating in a report on Monday, July 3rd. Zacks Investment Research raised Marsh & McLennan Companies from a “hold” rating to a “buy” rating and set a $88.00 target price on the stock in a report on Tuesday, June 27th. Morgan Stanley reaffirmed an “equal weight” rating and set a $80.00 target price (up from $73.00) on shares of Marsh & McLennan Companies in a report on Friday, July 7th. Jefferies Group LLC reaffirmed a “hold” rating on shares of Marsh & McLennan Companies in a report on Friday, June 16th. Finally, BidaskClub raised Marsh & McLennan Companies from a “buy” rating to a “strong-buy” rating in a report on Saturday, June 17th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and ten have assigned a buy rating to the stock. Marsh & McLennan Companies currently has an average rating of “Buy” and a consensus price target of $81.56.

The company’s 50 day moving average price is $78.15 and its 200 day moving average price is $76.08. The stock has a market capitalization of $40.02 billion, a price-to-earnings ratio of 21.58 and a beta of 0.98.

Marsh & McLennan Companies (NYSE:MMC) last released its quarterly earnings results on Thursday, July 27th. The financial services provider reported $1.00 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $1.00. Marsh & McLennan Companies had a net margin of 13.97% and a return on equity of 28.56%. The company had revenue of $3.50 billion during the quarter, compared to the consensus estimate of $3.55 billion. During the same period in the prior year, the firm earned $0.91 earnings per share. Marsh & McLennan Companies’s revenue was up 3.5% on a year-over-year basis. On average, equities research analysts anticipate that Marsh & McLennan Companies, Inc. will post $3.81 earnings per share for the current fiscal year.

In related news, SVP E Scott Gilbert sold 30,000 shares of the stock in a transaction dated Monday, August 21st. The shares were sold at an average price of $77.31, for a total value of $2,319,300.00. Following the completion of the transaction, the senior vice president now directly owns 68,427 shares of the company’s stock, valued at $5,290,091.37. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 1.46% of the stock is owned by corporate insiders.

Hedge funds have recently added to or reduced their stakes in the stock. Carroll Financial Associates Inc. raised its stake in Marsh & McLennan Companies by 21.8% in the second quarter. Carroll Financial Associates Inc. now owns 1,301 shares of the financial services provider’s stock worth $101,000 after buying an additional 233 shares in the last quarter. Tompkins Financial Corp increased its stake in shares of Marsh & McLennan Companies by 10.9% during the second quarter. Tompkins Financial Corp now owns 1,370 shares of the financial services provider’s stock valued at $107,000 after purchasing an additional 135 shares in the last quarter. Acrospire Investment Management LLC bought a new position in shares of Marsh & McLennan Companies during the second quarter valued at approximately $109,000. Grove Bank & Trust increased its stake in shares of Marsh & McLennan Companies by 5.6% during the second quarter. Grove Bank & Trust now owns 1,603 shares of the financial services provider’s stock valued at $125,000 after purchasing an additional 85 shares in the last quarter. Finally, CWM LLC increased its stake in shares of Marsh & McLennan Companies by 0.7% during the second quarter. CWM LLC now owns 1,774 shares of the financial services provider’s stock valued at $138,000 after purchasing an additional 13 shares in the last quarter. 84.87% of the stock is owned by institutional investors.

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Marsh & McLennan Companies Company Profile

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 risk advisors and specialty consultants, including Marsh, the insurance broker; Guy Carpenter, the risk and reinsurance specialist; Mercer, the provider of human resource and investment related financial advice and services, and Oliver Wyman Group, the management and economic consultancy.

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