29,800 Shares in Marsh & McLennan Companies, Inc. $MRSH Acquired by Capitolis Liquid Global Markets LLC

Capitolis Liquid Global Markets LLC acquired a new stake in shares of Marsh & McLennan Companies, Inc. (NYSE:MRSH) in the third quarter, according to its most recent disclosure with the SEC. The firm acquired 29,800 shares of the financial services provider’s stock, valued at approximately $6,006,000.

Other hedge funds have also recently modified their holdings of the company. Hanson & Doremus Investment Management boosted its position in shares of Marsh & McLennan Companies by 31.3% during the third quarter. Hanson & Doremus Investment Management now owns 214 shares of the financial services provider’s stock worth $43,000 after acquiring an additional 51 shares during the last quarter. D.A. Davidson & CO. lifted its stake in Marsh & McLennan Companies by 1.2% in the 3rd quarter. D.A. Davidson & CO. now owns 4,514 shares of the financial services provider’s stock worth $910,000 after purchasing an additional 54 shares in the last quarter. Bank of Nova Scotia Trust Co. boosted its holdings in shares of Marsh & McLennan Companies by 6.7% during the 2nd quarter. Bank of Nova Scotia Trust Co. now owns 949 shares of the financial services provider’s stock valued at $207,000 after purchasing an additional 60 shares during the last quarter. Ashton Thomas Securities LLC grew its position in shares of Marsh & McLennan Companies by 1.8% during the third quarter. Ashton Thomas Securities LLC now owns 3,663 shares of the financial services provider’s stock valued at $736,000 after purchasing an additional 63 shares in the last quarter. Finally, Procyon Advisors LLC increased its holdings in shares of Marsh & McLennan Companies by 3.0% in the third quarter. Procyon Advisors LLC now owns 2,223 shares of the financial services provider’s stock worth $448,000 after purchasing an additional 64 shares during the last quarter. Hedge funds and other institutional investors own 87.99% of the company’s stock.

Insiders Place Their Bets

In other Marsh & McLennan Companies news, CEO John Q. Doyle sold 16,655 shares of the firm’s stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $183.30, for a total value of $3,052,861.50. Following the completion of the sale, the chief executive officer owned 116,811 shares of the company’s stock, valued at $21,411,456.30. This trade represents a 12.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.35% of the stock is owned by company insiders.

Marsh & McLennan Companies Stock Performance

NYSE:MRSH opened at $172.18 on Monday. The firm has a market cap of $83.36 billion, a P/E ratio of 20.42, a P/E/G ratio of 2.34 and a beta of 0.74. Marsh & McLennan Companies, Inc. has a fifty-two week low of $170.37 and a fifty-two week high of $248.00. The company has a debt-to-equity ratio of 1.20, a quick ratio of 1.10 and a current ratio of 1.10.

Marsh & McLennan Companies (NYSE:MRSH) last posted its quarterly earnings data on Thursday, January 29th. The financial services provider reported $2.12 EPS for the quarter, topping the consensus estimate of $1.97 by $0.15. Marsh & McLennan Companies had a net margin of 15.42% and a return on equity of 31.60%. The company had revenue of $6.60 billion during the quarter, compared to analyst estimates of $6.52 billion. During the same period in the previous year, the firm earned $1.87 earnings per share. Marsh & McLennan Companies’s quarterly revenue was up 8.7% compared to the same quarter last year. As a group, equities analysts predict that Marsh & McLennan Companies, Inc. will post 9.61 earnings per share for the current year.

Marsh & McLennan Companies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, May 15th. Investors of record on Thursday, April 9th will be issued a dividend of $0.90 per share. This represents a $3.60 annualized dividend and a yield of 2.1%. The ex-dividend date is Thursday, April 9th. Marsh & McLennan Companies’s dividend payout ratio is presently 42.70%.

Analyst Ratings Changes

MRSH has been the subject of a number of research reports. Wells Fargo & Company increased their price target on Marsh & McLennan Companies from $199.00 to $203.00 and gave the company an “equal weight” rating in a research note on Friday, January 30th. Morgan Stanley upped their price objective on Marsh & McLennan Companies from $190.00 to $195.00 and gave the stock an “equal weight” rating in a report on Friday, January 30th. Mizuho reissued a “neutral” rating and issued a $199.00 target price (down from $213.00) on shares of Marsh & McLennan Companies in a report on Friday, February 27th. Cantor Fitzgerald upped their price target on shares of Marsh & McLennan Companies from $208.00 to $212.00 and gave the company an “overweight” rating in a research note on Monday, February 2nd. Finally, Royal Bank Of Canada reissued a “sector perform” rating and issued a $200.00 price objective on shares of Marsh & McLennan Companies in a research note on Friday, January 30th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Marsh & McLennan Companies presently has an average rating of “Hold” and an average target price of $216.12.

Marsh & McLennan Companies Company Profile

Marsh & McLennan Companies (NYSE: MMC) is a global professional services firm headquartered in New York City that provides advice and solutions in the areas of risk, strategy and people. Founded in 1905, the company has grown into a diversified group of businesses focused on insurance brokerage and risk management, reinsurance, human capital and investment consulting, and management consulting. Its long history and scale position it as a prominent adviser to corporations, governments and other institutions seeking to manage risk and optimize human and financial capital.

The firm operates through several well-known subsidiaries and business units that specialize in distinct services.