Bank Julius Baer & Co. Ltd Zurich trimmed its position in Marsh & McLennan Companies, Inc. (NYSE:MRSH – Free Report) by 15.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 83,588 shares of the financial services provider’s stock after selling 14,698 shares during the period. Bank Julius Baer & Co. Ltd Zurich’s holdings in Marsh & McLennan Companies were worth $15,507,000 as of its most recent filing with the SEC.
Several other large investors have also made changes to their positions in MRSH. Headlands Technologies LLC bought a new position in Marsh & McLennan Companies in the second quarter valued at about $29,000. KERR FINANCIAL PLANNING Corp acquired a new position in Marsh & McLennan Companies during the 3rd quarter valued at about $30,000. Financial Life Planners bought a new position in shares of Marsh & McLennan Companies in the 3rd quarter valued at about $32,000. City Holding Co. acquired a new stake in shares of Marsh & McLennan Companies during the 4th quarter worth approximately $29,000. Finally, JPL Wealth Management LLC bought a new stake in shares of Marsh & McLennan Companies during the third quarter worth approximately $35,000. Institutional investors and hedge funds own 87.99% of the company’s stock.
Marsh & McLennan Companies Trading Down 0.0%
Shares of Marsh & McLennan Companies stock opened at $159.99 on Friday. The business’s fifty day simple moving average is $170.18. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.11 and a quick ratio of 1.11. The firm has a market cap of $77.08 billion, a P/E ratio of 20.00, a PEG ratio of 2.32 and a beta of 0.65. Marsh & McLennan Companies, Inc. has a 12 month low of $158.16 and a 12 month high of $235.78.
Marsh & McLennan Companies Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, May 15th. Stockholders of record on Thursday, April 9th will be issued a $0.90 dividend. This represents a $3.60 annualized dividend and a dividend yield of 2.3%. The ex-dividend date is Thursday, April 9th. Marsh & McLennan Companies’s dividend payout ratio is 45.00%.
Wall Street Analyst Weigh In
A number of equities analysts have issued reports on the stock. Bank of America reduced their price objective on shares of Marsh & McLennan Companies from $181.00 to $174.00 and set an “underperform” rating on the stock in a research note on Tuesday, April 14th. JPMorgan Chase & Co. cut their price target on Marsh & McLennan Companies from $226.00 to $206.00 and set an “overweight” rating on the stock in a research note on Thursday, April 9th. Cantor Fitzgerald lifted their price objective on Marsh & McLennan Companies from $208.00 to $212.00 and gave the stock an “overweight” rating in a research note on Monday, February 2nd. Royal Bank Of Canada reissued a “sector perform” rating and issued a $200.00 target price on shares of Marsh & McLennan Companies in a research note on Friday, January 30th. Finally, Wells Fargo & Company decreased their target price on Marsh & McLennan Companies from $203.00 to $178.00 and set an “equal weight” rating for the company in a research report on Thursday, April 9th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $205.00.
Read Our Latest Stock Analysis on Marsh & McLennan Companies
Insider Activity at Marsh & McLennan Companies
In related news, CEO John Q. Doyle sold 16,655 shares of the firm’s stock in a transaction 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 sale, the chief executive officer directly owned 116,811 shares in the company, 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 legal filing with the SEC, which is available at this hyperlink. 0.38% of the stock is currently owned by insiders.
More Marsh & McLennan Companies News
Here are the key news stories impacting Marsh & McLennan Companies this week:
- Positive Sentiment: Marsh & McLennan reported strong first-quarter results earlier this year, beating EPS expectations and posting 7.6% revenue growth, which supports the company’s fundamentals and may help limit downside.
- Neutral Sentiment: No major new operating update or earnings release for MRSH was included in the latest news batch, so today’s move appears more tied to broader trading dynamics than to a fresh company announcement.
- Negative Sentiment: The stock is trading close to its 12-month low and remains below its 50-day moving average, which can signal weak technical momentum and may weigh on investor sentiment.
Marsh & McLennan Companies 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.
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