Conning Inc. Acquires 3,476 Shares of Marsh & McLennan Companies, Inc. $MRSH

Conning Inc. lifted its holdings in shares of Marsh & McLennan Companies, Inc. (NYSE:MRSH) by 17.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,938 shares of the financial services provider’s stock after purchasing an additional 3,476 shares during the period. Conning Inc.’s holdings in Marsh & McLennan Companies were worth $4,441,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in MRSH. City Holding Co. bought a new stake in shares of Marsh & McLennan Companies during the 4th quarter worth $29,000. Headlands Technologies LLC bought a new stake in shares of Marsh & McLennan Companies during the 2nd quarter worth $29,000. KERR FINANCIAL PLANNING Corp bought a new stake in shares of Marsh & McLennan Companies during the 3rd quarter worth $30,000. Financial Life Planners purchased a new stake in Marsh & McLennan Companies in the 3rd quarter worth about $32,000. Finally, Oakworth Capital Inc. increased its holdings in Marsh & McLennan Companies by 118.8% in the 4th quarter. Oakworth Capital Inc. now owns 186 shares of the financial services provider’s stock worth $35,000 after acquiring an additional 101 shares during the last quarter. 87.99% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Marsh & McLennan Companies news, CEO John Q. Doyle sold 16,655 shares of Marsh & McLennan Companies stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $183.30, for a total transaction of $3,052,861.50. Following the completion of the transaction, the chief executive officer owned 116,811 shares of the company’s stock, valued at $21,411,456.30. The trade was a 12.48% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.38% of the stock is owned by insiders.

Marsh & McLennan Companies Stock Down 0.0%

MRSH stock opened at $159.99 on Friday. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 1.28. The stock has a market cap of $77.08 billion, a price-to-earnings ratio of 20.00, a PEG ratio of 2.32 and a beta of 0.65. Marsh & McLennan Companies, Inc. has a twelve month low of $158.16 and a twelve month high of $235.78. The firm’s 50-day moving average is $170.18.

Marsh & McLennan Companies (NYSE:MRSH) last posted its earnings results on Thursday, April 16th. The financial services provider reported $3.29 earnings per share for the quarter, beating analysts’ consensus estimates of $3.21 by $0.08. The business had revenue of $7.30 billion during the quarter. Marsh & McLennan Companies had a return on equity of 31.87% and a net margin of 14.26%.The firm’s revenue was up 7.6% on a year-over-year basis. On average, equities research analysts anticipate that Marsh & McLennan Companies, Inc. will post 10.37 EPS for the current fiscal year.

Marsh & McLennan Companies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, May 15th. Shareholders of record on Thursday, April 9th will be issued a dividend of $0.90 per share. This represents a $3.60 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend is Thursday, April 9th. Marsh & McLennan Companies’s payout ratio is presently 45.00%.

Analyst Upgrades and Downgrades

MRSH has been the subject of a number of research reports. Barclays cut their target price on shares of Marsh & McLennan Companies from $209.00 to $206.00 and set an “overweight” rating for the company in a research report on Wednesday, April 8th. Morgan Stanley reduced their target price on shares of Marsh & McLennan Companies from $195.00 to $190.00 and set an “equal weight” rating for the company in a research note on Monday, April 6th. Mizuho reduced their target price on shares of Marsh & McLennan Companies from $199.00 to $193.00 and set a “neutral” rating for the company in a research note on Monday, April 13th. Royal Bank Of Canada reiterated 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, Weiss Ratings downgraded shares of Marsh & McLennan Companies from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $205.00.

Trending Headlines about Marsh & McLennan Companies

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.

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.