Teachers Advisors LLC decreased its position in Marsh & McLennan Companies, Inc. (NYSE:MMC) by 1.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,257,570 shares of the financial services provider’s stock after selling 22,518 shares during the quarter. Teachers Advisors LLC’s holdings in Marsh & McLennan Companies were worth $102,354,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. SeaCrest Wealth Management LLC acquired a new position in shares of Marsh & McLennan Companies in the fourth quarter valued at approximately $102,000. Invictus RG acquired a new position in shares of Marsh & McLennan Companies in the third quarter valued at approximately $106,000. Legacy Advisors LLC grew its position in shares of Marsh & McLennan Companies by 1,558.8% in the fourth quarter. Legacy Advisors LLC now owns 1,327 shares of the financial services provider’s stock valued at $108,000 after purchasing an additional 1,247 shares during the last quarter. Virtue Capital Management LLC acquired a new position in shares of Marsh & McLennan Companies in the fourth quarter valued at approximately $113,000. Finally, San Francisco Sentry Investment Group CA grew its position in shares of Marsh & McLennan Companies by 5,086.2% in the third quarter. San Francisco Sentry Investment Group CA now owns 1,504 shares of the financial services provider’s stock valued at $126,000 after purchasing an additional 1,475 shares during the last quarter. 85.77% of the stock is currently owned by institutional investors.

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MMC has been the topic of several research reports. Royal Bank of Canada reaffirmed a “buy” rating and issued a $93.00 target price on shares of Marsh & McLennan Companies in a research report on Friday, December 8th. Barclays upped their target price on Marsh & McLennan Companies from $93.00 to $103.00 and gave the company an “overweight” rating in a research report on Tuesday, February 20th. Zacks Investment Research raised Marsh & McLennan Companies from a “hold” rating to a “buy” rating and set a $90.00 target price on the stock in a research report on Wednesday, December 27th. UBS Group downgraded Marsh & McLennan Companies from a “buy” rating to a “neutral” rating in a research report on Wednesday, December 6th. Finally, Wells Fargo & Co reaffirmed a “buy” rating and issued a $91.00 target price on shares of Marsh & McLennan Companies in a research report on Thursday, February 1st. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and five have assigned a buy rating to the stock. Marsh & McLennan Companies presently has a consensus rating of “Hold” and a consensus target price of $88.36.

In related news, insider Daniel S. Glaser sold 618,557 shares of the stock in a transaction that occurred on Tuesday, December 19th. The stock was sold at an average price of $82.80, for a total transaction of $51,216,519.60. Following the sale, the insider now owns 279,367 shares of the company’s stock, valued at $23,131,587.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Daniel S. Glaser sold 41,504 shares of the stock in a transaction that occurred on Monday, March 5th. The stock was sold at an average price of $81.88, for a total value of $3,398,347.52. Following the sale, the insider now directly owns 278,792 shares in the company, valued at approximately $22,827,488.96. The disclosure for this sale can be found here. Insiders have sold 769,412 shares of company stock worth $63,611,788 in the last three months. 1.46% of the stock is currently owned by company insiders.

Shares of Marsh & McLennan Companies, Inc. (NYSE MMC) opened at $84.62 on Wednesday. The stock has a market capitalization of $43,102.14, a P/E ratio of 21.66, a P/E/G ratio of 1.52 and a beta of 0.97. Marsh & McLennan Companies, Inc. has a 12-month low of $71.79 and a 12-month high of $86.54. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.31 and a current ratio of 1.30.

Marsh & McLennan Companies (NYSE:MMC) last issued its quarterly earnings results on Thursday, February 1st. The financial services provider reported $1.05 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.95 by $0.10. The business had revenue of $3.69 billion for the quarter, compared to the consensus estimate of $3.57 billion. Marsh & McLennan Companies had a return on equity of 28.80% and a net margin of 10.64%. The firm’s quarterly revenue was up 9.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.89 earnings per share. analysts forecast that Marsh & McLennan Companies, Inc. will post 4.33 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Thursday, February 15th. Investors of record on Wednesday, January 31st were given a dividend of $0.375 per share. This represents a $1.50 dividend on an annualized basis and a yield of 1.77%. The ex-dividend date was Tuesday, January 30th. Marsh & McLennan Companies’s dividend payout ratio is currently 52.26%.

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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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Institutional Ownership by Quarter for Marsh & McLennan Companies (NYSE:MMC)

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