Capital International Inc. CA Has $89.35 Million Stock Holdings in Marsh & McLennan Companies, Inc. (NYSE:MMC)

Capital International Inc. CA boosted its holdings in Marsh & McLennan Companies, Inc. (NYSE:MMC - Free Report) by 22.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 420,633 shares of the financial services provider's stock after acquiring an additional 78,106 shares during the quarter. Marsh & McLennan Companies comprises about 1.1% of Capital International Inc. CA's investment portfolio, making the stock its 21st biggest holding. Capital International Inc. CA owned 0.09% of Marsh & McLennan Companies worth $89,347,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Vanguard Group Inc. lifted its holdings in shares of Marsh & McLennan Companies by 0.8% during the fourth quarter. Vanguard Group Inc. now owns 44,739,515 shares of the financial services provider's stock valued at $9,503,120,000 after purchasing an additional 356,618 shares during the last quarter. Geode Capital Management LLC lifted its stake in Marsh & McLennan Companies by 1.2% during the fourth quarter. Geode Capital Management LLC now owns 12,050,565 shares of the financial services provider's stock valued at $2,554,841,000 after buying an additional 145,134 shares in the last quarter. Norges Bank purchased a new position in shares of Marsh & McLennan Companies in the fourth quarter worth approximately $1,236,186,000. Amundi raised its holdings in shares of Marsh & McLennan Companies by 81.1% during the fourth quarter. Amundi now owns 4,072,976 shares of the financial services provider's stock valued at $860,824,000 after acquiring an additional 1,823,807 shares during the period. Finally, JPMorgan Chase & Co. boosted its stake in Marsh & McLennan Companies by 4.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,999,771 shares of the financial services provider's stock worth $892,309,000 after purchasing an additional 184,239 shares during the period. 87.99% of the stock is owned by institutional investors and hedge funds.

Marsh & McLennan Companies Stock Down 0.2 %

NYSE:MMC traded down $0.33 during trading hours on Wednesday, reaching $219.22. The company's stock had a trading volume of 2,166,218 shares, compared to its average volume of 2,254,638. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.13 and a quick ratio of 1.13. The company has a market cap of $108.05 billion, a price-to-earnings ratio of 26.77, a price-to-earnings-growth ratio of 2.70 and a beta of 0.85. Marsh & McLennan Companies, Inc. has a one year low of $196.72 and a one year high of $248.00. The business's 50-day moving average is $232.39 and its 200-day moving average is $224.70.

Marsh & McLennan Companies (NYSE:MMC - Get Free Report) last issued its quarterly earnings data on Thursday, April 17th. The financial services provider reported $3.06 earnings per share for the quarter, beating analysts' consensus estimates of $3.02 by $0.04. The business had revenue of $6.70 billion for the quarter, compared to the consensus estimate of $7.08 billion. Marsh & McLennan Companies had a return on equity of 32.60% and a net margin of 16.60%. During the same period last year, the business earned $2.89 EPS. Equities research analysts predict that Marsh & McLennan Companies, Inc. will post 9.61 EPS for the current year.

Marsh & McLennan Companies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 15th. Investors of record on Thursday, April 3rd will be paid a $0.815 dividend. The ex-dividend date is Thursday, April 3rd. This represents a $3.26 dividend on an annualized basis and a yield of 1.49%. Marsh & McLennan Companies's payout ratio is presently 39.95%.

Insider Buying and Selling

In other Marsh & McLennan Companies news, VP Stacy Mills sold 1,317 shares of Marsh & McLennan Companies stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $234.97, for a total value of $309,455.49. Following the transaction, the vice president now directly owns 2,923 shares of the company's stock, valued at $686,817.31. The trade was a 31.06 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Nicholas Mark Studer sold 49,390 shares of the stock in a transaction that occurred on Wednesday, March 12th. The shares were sold at an average price of $230.16, for a total value of $11,367,602.40. Following the completion of the sale, the chief executive officer now directly owns 28,329 shares of the company's stock, valued at $6,520,202.64. This represents a 63.55 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 69,634 shares of company stock worth $16,244,986 in the last quarter. 0.35% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

MMC has been the topic of several recent analyst reports. Redburn Atlantic began coverage on shares of Marsh & McLennan Companies in a research note on Tuesday, March 25th. They set a "buy" rating and a $281.00 target price on the stock. Barclays increased their price objective on Marsh & McLennan Companies from $246.00 to $249.00 and gave the stock an "equal weight" rating in a research note on Friday, April 11th. JPMorgan Chase & Co. lifted their target price on Marsh & McLennan Companies from $230.00 to $235.00 and gave the company a "neutral" rating in a research note on Friday, January 3rd. Raymond James reissued an "outperform" rating and issued a $250.00 price target (up from $240.00) on shares of Marsh & McLennan Companies in a research report on Thursday, February 6th. Finally, Wells Fargo & Company upped their price objective on shares of Marsh & McLennan Companies from $223.00 to $232.00 and gave the company an "equal weight" rating in a research note on Thursday, April 10th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $241.93.

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.