Investors sold shares of Marsh & McLennan Companies, Inc. (NYSE:MMC) on strength during trading on Friday. $52.19 million flowed into the stock on the tick-up and $89.66 million flowed out of the stock on the tick-down, for a money net flow of $37.47 million out of the stock. Of all stocks tracked, Marsh & McLennan Companies had the 18th highest net out-flow for the day. Marsh & McLennan Companies traded up $3.11 for the day and closed at $81.95

MMC has been the subject of a number of recent research reports. Royal Bank Of Canada reiterated a “buy” rating and set a $85.00 price target on shares of Marsh & McLennan Companies in a research note on Friday, July 28th. Wells Fargo & Company reiterated a “buy” rating on shares of Marsh & McLennan Companies in a report on Thursday, July 27th. Keefe, Bruyette & Woods reiterated a “buy” rating and issued a $83.00 price target on shares of Marsh & McLennan Companies in a report on Friday, June 9th. Zacks Investment Research upgraded shares of Marsh & McLennan Companies from a “hold” rating to a “buy” rating and set a $88.00 price target for the company in a report on Tuesday, June 27th. Finally, Citigroup Inc. raised their target price on shares of Marsh & McLennan Companies from $85.00 to $90.00 and gave the company a “buy” rating in a report on Thursday, July 13th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and ten have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $81.56.

The company has a market capitalization of $42.00 billion, a price-to-earnings ratio of 22.64 and a beta of 0.98. The firm has a 50 day moving average of $78.13 and a 200-day moving average of $76.12.

Marsh & McLennan Companies (NYSE:MMC) last posted its quarterly earnings results on Thursday, July 27th. The financial services provider reported $1.00 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.00. The business had revenue of $3.50 billion for the quarter, compared to analysts’ expectations of $3.55 billion. Marsh & McLennan Companies had a return on equity of 29.72% and a net margin of 14.51%. The firm’s quarterly revenue was up 3.5% compared to the same quarter last year. During the same quarter last year, the business earned $0.91 earnings per share. On average, analysts forecast that Marsh & McLennan Companies, Inc. will post $3.81 EPS for the current fiscal year.

In other news, SVP E Scott Gilbert sold 30,000 shares of the firm’s stock in a transaction dated Monday, August 21st. The stock was sold at an average price of $77.31, for a total transaction of $2,319,300.00. Following the sale, the senior vice president now 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 at the SEC website. 1.46% of the stock is currently owned by company insiders.

A number of institutional investors have recently made changes to their positions in MMC. First Trust Advisors LP raised its position in Marsh & McLennan Companies by 64.1% in the 1st quarter. First Trust Advisors LP now owns 295,475 shares of the financial services provider’s stock valued at $21,833,000 after buying an additional 115,409 shares during the last quarter. American Century Companies Inc. increased its position in shares of Marsh & McLennan Companies by 3.2% during the 1st quarter. American Century Companies Inc. now owns 3,391,749 shares of the financial services provider’s stock worth $250,616,000 after purchasing an additional 106,112 shares during the last quarter. Bbva Compass Bancshares Inc. increased its position in shares of Marsh & McLennan Companies by 6.6% during the 1st quarter. Bbva Compass Bancshares Inc. now owns 72,492 shares of the financial services provider’s stock worth $5,356,000 after purchasing an additional 4,458 shares during the last quarter. DekaBank Deutsche Girozentrale increased its position in shares of Marsh & McLennan Companies by 250.6% during the 1st quarter. DekaBank Deutsche Girozentrale now owns 617,403 shares of the financial services provider’s stock worth $45,836,000 after purchasing an additional 441,318 shares during the last quarter. Finally, Girard Partners LTD. increased its position in shares of Marsh & McLennan Companies by 12.5% during the 1st quarter. Girard Partners LTD. now owns 42,744 shares of the financial services provider’s stock worth $3,158,000 after purchasing an additional 4,751 shares during the last quarter. 84.87% of the stock is currently owned by institutional investors and hedge funds.

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About Marsh & McLennan Companies

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.