Longview Partners Guernsey LTD Has $544.01 Million Stock Position in Marsh & McLennan Companies, Inc. (NYSE:MMC)

Longview Partners Guernsey LTD trimmed its holdings in Marsh & McLennan Companies, Inc. (NYSE:MMC - Free Report) by 4.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,561,114 shares of the financial services provider's stock after selling 107,749 shares during the quarter. Marsh & McLennan Companies makes up about 4.1% of Longview Partners Guernsey LTD's holdings, making the stock its 12th biggest position. Longview Partners Guernsey LTD owned 0.52% of Marsh & McLennan Companies worth $544,006,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of MMC. Morse Asset Management Inc acquired a new position in Marsh & McLennan Companies during the 3rd quarter worth approximately $75,000. Virtu Financial LLC increased its holdings in Marsh & McLennan Companies by 1.3% in the third quarter. Virtu Financial LLC now owns 12,756 shares of the financial services provider's stock valued at $2,846,000 after buying an additional 167 shares in the last quarter. Te Ahumairangi Investment Management Ltd lifted its position in shares of Marsh & McLennan Companies by 3.6% during the 3rd quarter. Te Ahumairangi Investment Management Ltd now owns 10,499 shares of the financial services provider's stock valued at $2,329,000 after acquiring an additional 360 shares during the period. Anchor Investment Management LLC grew its holdings in shares of Marsh & McLennan Companies by 487.5% in the 3rd quarter. Anchor Investment Management LLC now owns 517 shares of the financial services provider's stock worth $115,000 after acquiring an additional 429 shares during the period. Finally, World Investment Advisors LLC increased its stake in Marsh & McLennan Companies by 29.9% in the 3rd quarter. World Investment Advisors LLC now owns 17,223 shares of the financial services provider's stock valued at $3,842,000 after purchasing an additional 3,962 shares in the last quarter. Institutional investors and hedge funds own 87.99% of the company's stock.

Insider Transactions at Marsh & McLennan Companies

In other Marsh & McLennan Companies news, CEO Nicholas Mark Studer sold 49,390 shares of the company's stock in a transaction dated Wednesday, March 12th. The shares were sold at an average price of $230.16, for a total transaction 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 approximately $6,520,202.64. This represents a 63.55 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Dean Michael Klisura sold 7,121 shares of the firm's stock in a transaction dated Monday, March 10th. The stock was sold at an average price of $234.97, for a total transaction of $1,673,221.37. Following the completion of the transaction, the chief executive officer now owns 20,935 shares of the company's stock, valued at approximately $4,919,096.95. The trade was a 25.38 % 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 valued at $16,244,986 in the last quarter. Insiders own 0.35% of the company's stock.

Marsh & McLennan Companies Price Performance

MMC stock traded up $6.16 during trading on Tuesday, hitting $218.26. The company had a trading volume of 561,106 shares, compared to its average volume of 1,856,342. The business has a 50 day moving average of $232.62 and a 200 day moving average of $224.74. The firm has a market capitalization of $107.58 billion, a price-to-earnings ratio of 26.70, a P/E/G ratio of 2.70 and a beta of 0.85. Marsh & McLennan Companies, Inc. has a fifty-two week low of $196.72 and a fifty-two week high of $248.00. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 1.44.

Marsh & McLennan Companies (NYSE:MMC - Get Free Report) last released its earnings results on Thursday, April 17th. The financial services provider reported $3.06 earnings per share for the quarter, topping analysts' consensus estimates of $3.02 by $0.04. The firm had revenue of $6.70 billion during 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 in the prior year, the firm posted $2.89 earnings per share. As a group, research analysts predict that Marsh & McLennan Companies, Inc. will post 9.61 earnings per share for the current year.

Marsh & McLennan Companies Dividend Announcement

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

Analysts Set New Price Targets

A number of brokerages have recently weighed in on MMC. Raymond James restated an "outperform" rating and issued a $250.00 price target (up previously from $240.00) on shares of Marsh & McLennan Companies in a research report on Thursday, February 6th. UBS Group increased their price target on shares of Marsh & McLennan Companies from $259.00 to $261.00 and gave the company a "buy" rating in a research report on Wednesday, April 9th. Barclays boosted their price target on Marsh & McLennan Companies from $246.00 to $249.00 and gave the stock an "equal weight" rating in a report on Friday, April 11th. Wells Fargo & Company boosted 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 report on Thursday, April 10th. Finally, JPMorgan Chase & Co. increased their price target on Marsh & McLennan Companies from $230.00 to $235.00 and gave the stock a "neutral" rating in a research note on Friday, January 3rd. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $239.20.

Marsh & McLennan Companies Company 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.