Marsh & McLennan Companies, Inc. (NYSE:MMC) Shares Purchased by Asset Management One Co. Ltd.

Asset Management One Co. Ltd. lifted its stake in shares of Marsh & McLennan Companies, Inc. (NYSE:MMC - Free Report) by 5.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 209,566 shares of the financial services provider's stock after buying an additional 11,763 shares during the period. Asset Management One Co. Ltd.'s holdings in Marsh & McLennan Companies were worth $44,736,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. Assenagon Asset Management S.A. lifted its stake in Marsh & McLennan Companies by 7,320.9% during the 4th quarter. Assenagon Asset Management S.A. now owns 1,108,758 shares of the financial services provider's stock valued at $235,511,000 after acquiring an additional 1,093,817 shares during the period. FMR LLC raised its holdings in shares of Marsh & McLennan Companies by 2.5% during the third quarter. FMR LLC now owns 21,445,110 shares of the financial services provider's stock worth $4,784,190,000 after purchasing an additional 518,185 shares during the last quarter. The Manufacturers Life Insurance Company lifted its position in Marsh & McLennan Companies by 127.9% during the third quarter. The Manufacturers Life Insurance Company now owns 899,716 shares of the financial services provider's stock valued at $200,718,000 after purchasing an additional 504,897 shares during the period. International Assets Investment Management LLC boosted its holdings in Marsh & McLennan Companies by 31,846.5% in the third quarter. International Assets Investment Management LLC now owns 427,764 shares of the financial services provider's stock valued at $95,430,000 after purchasing an additional 426,425 shares during the last quarter. Finally, Los Angeles Capital Management LLC raised its stake in shares of Marsh & McLennan Companies by 219.5% during the 3rd quarter. Los Angeles Capital Management LLC now owns 529,239 shares of the financial services provider's stock valued at $118,068,000 after buying an additional 363,569 shares during the last quarter. 87.99% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

MMC has been the topic of several analyst reports. Barclays lifted their price target on Marsh & McLennan Companies from $236.00 to $246.00 and gave the company an "equal weight" rating in a research report on Thursday, November 21st. Royal Bank of Canada raised shares of Marsh & McLennan Companies from a "sector perform" rating to an "outperform" rating and lifted their target price for the company from $242.00 to $250.00 in a report on Thursday, December 12th. BMO Capital Markets increased their price target on shares of Marsh & McLennan Companies from $217.00 to $228.00 and gave the stock a "market perform" rating in a report on Tuesday, October 22nd. Evercore ISI reiterated an "outperform" rating and issued a $242.00 price objective on shares of Marsh & McLennan Companies in a research report on Monday, November 25th. Finally, Wells Fargo & Company upped their price target on Marsh & McLennan Companies from $212.00 to $223.00 and gave the stock an "equal weight" rating in a report on Friday, January 31st. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $230.44.

Marsh & McLennan Companies Price Performance

Shares of NYSE MMC traded up $1.21 during mid-day trading on Tuesday, reaching $230.04. The company's stock had a trading volume of 1,394,261 shares, compared to its average volume of 2,166,305. The stock has a 50-day moving average of $217.00 and a two-hundred day moving average of $221.99. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.14 and a current ratio of 1.13. The stock has a market capitalization of $112.97 billion, a P/E ratio of 28.09, a P/E/G ratio of 2.35 and a beta of 0.96. Marsh & McLennan Companies, Inc. has a 1-year low of $196.17 and a 1-year high of $235.50.

Marsh & McLennan Companies (NYSE:MMC - Get Free Report) last released its earnings results on Thursday, January 30th. The financial services provider reported $1.87 earnings per share for the quarter, topping analysts' consensus estimates of $1.75 by $0.12. Marsh & McLennan Companies had a net margin of 16.60% and a return on equity of 32.60%. On average, equities research analysts anticipate that Marsh & McLennan Companies, Inc. will post 9.54 EPS for the current fiscal year.

Marsh & McLennan Companies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Thursday, January 30th were issued a $0.815 dividend. The ex-dividend date was Thursday, January 30th. This represents a $3.26 annualized dividend and a yield of 1.42%. Marsh & McLennan Companies's payout ratio is 39.80%.

About Marsh & McLennan Companies

Marsh & McLennan Cos., Inc is a professional services firm, which engages in offering clients advice and solutions in risk, strategy, and people. It operates through the Risk and Insurance Services, and Consulting segments. The Risk and Insurance Services segment is involved in risk management activities, as well as insurance and reinsurance broking and services.