Marsh & McLennan Companies, Inc. (NYSE:MMC) Shares Sold by Blue Trust Inc.

Blue Trust Inc. cut its stake in shares of Marsh & McLennan Companies, Inc. (NYSE:MMC - Free Report) by 16.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,800 shares of the financial services provider's stock after selling 3,281 shares during the period. Blue Trust Inc.'s holdings in Marsh & McLennan Companies were worth $3,569,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Fortitude Family Office LLC boosted its stake in Marsh & McLennan Companies by 18.8% during the third quarter. Fortitude Family Office LLC now owns 285 shares of the financial services provider's stock valued at $64,000 after buying an additional 45 shares during the last quarter. Geneos Wealth Management Inc. raised its stake in shares of Marsh & McLennan Companies by 3.7% in the fourth quarter. Geneos Wealth Management Inc. now owns 1,324 shares of the financial services provider's stock valued at $281,000 after acquiring an additional 47 shares during the period. Hemington Wealth Management boosted its position in shares of Marsh & McLennan Companies by 6.7% during the fourth quarter. Hemington Wealth Management now owns 768 shares of the financial services provider's stock valued at $163,000 after buying an additional 48 shares during the period. TFB Advisors LLC grew its position in Marsh & McLennan Companies by 2.0% in the 4th quarter. TFB Advisors LLC now owns 2,576 shares of the financial services provider's stock valued at $547,000 after acquiring an additional 51 shares during the last quarter. Finally, BSW Wealth Partners increased its stake in Marsh & McLennan Companies by 5.1% in the 3rd quarter. BSW Wealth Partners now owns 1,086 shares of the financial services provider's stock worth $242,000 after buying an additional 53 shares during the period. 87.99% of the stock is owned by institutional investors.

Marsh & McLennan Companies Price Performance

Shares of NYSE:MMC traded up $0.99 during trading on Wednesday, hitting $231.13. 2,042,519 shares of the stock were exchanged, compared to its average volume of 2,162,435. The company has a fifty day moving average price of $217.29 and a two-hundred day moving average price of $222.03. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 1.44. The company has a market cap of $113.51 billion, a PE ratio of 28.22, a P/E/G ratio of 2.36 and a beta of 0.96. Marsh & McLennan Companies, Inc. has a 12-month low of $196.17 and a 12-month high of $235.50.

Marsh & McLennan Companies (NYSE:MMC - Get Free Report) last posted its quarterly earnings data on Thursday, January 30th. The financial services provider reported $1.87 EPS for the quarter, topping analysts' consensus estimates of $1.75 by $0.12. Marsh & McLennan Companies had a return on equity of 32.60% and a net margin of 16.60%. On average, analysts forecast that Marsh & McLennan Companies, Inc. will post 9.6 EPS for the current year.

Marsh & McLennan Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, February 14th. Stockholders of record on Thursday, January 30th were paid a $0.815 dividend. This represents a $3.26 dividend on an annualized basis and a dividend yield of 1.41%. The ex-dividend date of this dividend was Thursday, January 30th. Marsh & McLennan Companies's dividend payout ratio is presently 39.80%.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on MMC shares. Keefe, Bruyette & Woods dropped their price objective on shares of Marsh & McLennan Companies from $214.00 to $210.00 and set an "underperform" rating on the stock in a research note on Monday, February 3rd. Raymond James reiterated an "outperform" rating and issued a $250.00 target price (up from $240.00) on shares of Marsh & McLennan Companies in a research note on Thursday, February 6th. UBS Group increased their price objective on Marsh & McLennan Companies from $255.00 to $259.00 and gave the company a "buy" rating in a report on Tuesday, October 22nd. JPMorgan Chase & Co. raised their target price on shares of Marsh & McLennan Companies from $230.00 to $235.00 and gave the stock a "neutral" rating in a report on Friday, January 3rd. Finally, Evercore ISI restated an "outperform" rating and issued a $242.00 price objective on shares of Marsh & McLennan Companies in a research report on Monday, November 25th. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $230.44.

Marsh & McLennan Companies Profile

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.