Mn Services Vermogensbeheer B.V. Has $35.67 Million Stake in Marsh & McLennan Companies, Inc. $MRSH

Mn Services Vermogensbeheer B.V. raised its position in Marsh & McLennan Companies, Inc. (NYSE:MRSH) by 3.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 192,277 shares of the financial services provider’s stock after acquiring an additional 5,889 shares during the quarter. Mn Services Vermogensbeheer B.V.’s holdings in Marsh & McLennan Companies were worth $35,671,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Pinnacle Bancorp Inc. bought a new stake in shares of Marsh & McLennan Companies in the 3rd quarter valued at about $25,000. Headlands Technologies LLC bought a new position in Marsh & McLennan Companies during the second quarter worth about $29,000. KERR FINANCIAL PLANNING Corp acquired a new position in Marsh & McLennan Companies during the third quarter worth approximately $30,000. Delos Wealth Advisors LLC acquired a new stake in shares of Marsh & McLennan Companies in the second quarter valued at approximately $32,000. Finally, TruNorth Capital Management LLC bought a new position in shares of Marsh & McLennan Companies during the 3rd quarter worth approximately $32,000. 87.99% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

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

Marsh & McLennan Companies Price Performance

MRSH opened at $174.61 on Tuesday. The company has a debt-to-equity ratio of 1.20, a current ratio of 1.10 and a quick ratio of 1.10. The company has a market cap of $84.53 billion, a P/E ratio of 20.71, a PEG ratio of 2.30 and a beta of 0.74. The firm has a fifty day moving average price of $176.38. Marsh & McLennan Companies, Inc. has a 1 year low of $164.89 and a 1 year high of $248.00.

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

Marsh & McLennan Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 15th. Shareholders of record on Thursday, April 9th will be issued a $0.90 dividend. The ex-dividend date of this dividend is Thursday, April 9th. This represents a $3.60 dividend on an annualized basis and a yield of 2.1%. Marsh & McLennan Companies’s payout ratio is currently 42.70%.

Wall Street Analyst Weigh In

MRSH has been the topic of a number of research analyst reports. Cantor Fitzgerald increased their price target on Marsh & McLennan Companies from $208.00 to $212.00 and gave the company an “overweight” rating in a research note on Monday, February 2nd. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $200.00 price objective on shares of Marsh & McLennan Companies in a research report on Friday, January 30th. Wells Fargo & Company increased their price objective on shares of Marsh & McLennan Companies from $199.00 to $203.00 and gave the company an “equal weight” rating in a research report on Friday, January 30th. Evercore cut their target price on shares of Marsh & McLennan Companies from $237.00 to $236.00 and set an “outperform” rating for the company in a research note on Wednesday, January 7th. Finally, JPMorgan Chase & Co. decreased their price target on shares of Marsh & McLennan Companies from $242.00 to $226.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 7th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $212.06.

About Marsh & McLennan Companies

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.