Marsh & McLennan Companies, Inc. (NYSE:MMC) Receives Consensus Recommendation of "Hold" from Analysts

Shares of Marsh & McLennan Companies, Inc. (NYSE:MMC - Get Free Report) have received a consensus rating of "Hold" from the fifteen research firms that are currently covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, ten have assigned a hold recommendation and three have given a buy recommendation to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $228.13.

MMC has been the subject of several analyst reports. BMO Capital Markets raised 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. Barclays boosted their target price on shares of Marsh & McLennan Companies from $236.00 to $246.00 and gave the company an "equal weight" rating in a report on Thursday, November 21st. Royal Bank of Canada upgraded Marsh & McLennan Companies from a "sector perform" rating to an "outperform" rating and increased their price target for the stock from $242.00 to $250.00 in a report on Thursday, December 12th. Roth Mkm boosted their price objective on Marsh & McLennan Companies from $220.00 to $230.00 and gave the company a "neutral" rating in a research note on Friday, October 18th. Finally, Jefferies Financial Group lifted their target price on Marsh & McLennan Companies from $219.00 to $222.00 and gave the stock a "hold" rating in a report on Wednesday, October 9th.

Marsh & McLennan Companies Trading Up 0.2 %

Shares of NYSE:MMC traded up $0.46 during mid-day trading on Thursday, reaching $210.35. 1,636,875 shares of the company's stock were exchanged, compared to its average volume of 1,710,958. The firm has a market capitalization of $103.31 billion, a price-to-earnings ratio of 25.91, a PEG ratio of 2.58 and a beta of 0.94. Marsh & McLennan Companies has a twelve month low of $184.28 and a twelve month high of $235.50. The business's fifty day moving average price is $223.17 and its 200-day moving average price is $220.87. The company has a debt-to-equity ratio of 0.89, a quick ratio of 1.14 and a current ratio of 1.14.

Marsh & McLennan Companies (NYSE:MMC - Get Free Report) last released its quarterly earnings results on Thursday, October 17th. The financial services provider reported $1.63 EPS for the quarter, beating analysts' consensus estimates of $1.61 by $0.02. Marsh & McLennan Companies had a return on equity of 32.65% and a net margin of 16.82%. The firm had revenue of $5.70 billion for the quarter, compared to analyst estimates of $5.71 billion. During the same quarter in the previous year, the company posted $1.57 EPS. The business's revenue was up 5.9% on a year-over-year basis. On average, research analysts predict that Marsh & McLennan Companies will post 8.68 EPS for the current fiscal year.

Insider Activity

In related news, Director Oscar Fanjul sold 2,500 shares of the stock in a transaction on Wednesday, October 30th. The stock was sold at an average price of $221.55, for a total value of $553,875.00. Following the completion of the sale, the director now directly owns 48,549 shares of the company's stock, valued at approximately $10,756,030.95. This represents a 4.90 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.30% of the company's stock.

Institutional Trading of Marsh & McLennan Companies

Institutional investors have recently made changes to their positions in the company. Carmichael Hill & Associates Inc. grew its holdings in shares of Marsh & McLennan Companies by 85.7% in the third quarter. Carmichael Hill & Associates Inc. now owns 130 shares of the financial services provider's stock valued at $29,000 after acquiring an additional 60 shares in the last quarter. Catalyst Capital Advisors LLC bought a new stake in shares of Marsh & McLennan Companies during the 3rd quarter worth $31,000. Crewe Advisors LLC boosted its holdings in shares of Marsh & McLennan Companies by 100.0% in the 2nd quarter. Crewe Advisors LLC now owns 160 shares of the financial services provider's stock worth $34,000 after buying an additional 80 shares during the last quarter. Ridgewood Investments LLC bought a new position in Marsh & McLennan Companies during the second quarter valued at about $41,000. Finally, Capital Performance Advisors LLP bought a new stake in Marsh & McLennan Companies in the third quarter worth about $41,000. Institutional investors own 87.99% of the company's stock.

About Marsh & McLennan Companies

Marsh & McLennan Companies, Inc, a professional services company, provides advice and solutions to clients in the areas of risk, strategy, and people worldwide. It operates through Risk and Insurance Services, and Consulting segments. The Risk and Insurance Services segment offers risk management services, such as risk advice, risk transfer, and risk control and mitigation solutions, as well as insurance and reinsurance broking, strategic advisory services, and analytics solutions, and insurance program management services.