Metis Global Partners LLC Purchases 4,980 Shares of Marsh & McLennan Companies, Inc. (NYSE:MMC)

Metis Global Partners LLC grew its holdings in shares of Marsh & McLennan Companies, Inc. (NYSE:MMC - Free Report) by 20.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 29,232 shares of the financial services provider's stock after buying an additional 4,980 shares during the period. Metis Global Partners LLC's holdings in Marsh & McLennan Companies were worth $6,209,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. FMR LLC raised its position 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 period. Geode Capital Management LLC raised its holdings in Marsh & McLennan Companies by 2.2% during the third quarter. Geode Capital Management LLC now owns 11,905,431 shares of the financial services provider's stock worth $2,648,304,000 after buying an additional 251,361 shares during the last quarter. Parnassus Investments LLC grew its holdings in shares of Marsh & McLennan Companies by 2.0% during the third quarter. Parnassus Investments LLC now owns 4,274,880 shares of the financial services provider's stock valued at $953,683,000 after buying an additional 85,754 shares during the last quarter. JPMorgan Chase & Co. increased its position in shares of Marsh & McLennan Companies by 4.8% during the third quarter. JPMorgan Chase & Co. now owns 3,999,771 shares of the financial services provider's stock worth $892,309,000 after acquiring an additional 184,239 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its holdings in shares of Marsh & McLennan Companies by 2.2% in the 4th quarter. Bank of New York Mellon Corp now owns 3,286,899 shares of the financial services provider's stock worth $698,170,000 after acquiring an additional 71,990 shares during the last quarter. Institutional investors own 87.99% of the company's stock.

Marsh & McLennan Companies Stock Performance

NYSE:MMC traded up $1.18 during trading hours on Wednesday, reaching $237.95. The stock had a trading volume of 1,728,169 shares, compared to its average volume of 1,623,442. The stock has a market cap of $116.86 billion, a P/E ratio of 29.05, a price-to-earnings-growth ratio of 2.70 and a beta of 0.96. The stock has a 50 day simple moving average of $221.47 and a 200 day simple moving average of $223.08. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.13 and a current ratio of 1.13. Marsh & McLennan Companies, Inc. has a 12-month low of $196.17 and a 12-month high of $241.84.

Marsh & McLennan Companies (NYSE:MMC - Get Free Report) last announced its quarterly earnings data on Thursday, January 30th. The financial services provider reported $1.87 earnings per share (EPS) for the quarter, beating 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, research analysts forecast that Marsh & McLennan Companies, Inc. will post 9.61 EPS for the current fiscal year.

Marsh & McLennan Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 14th. Investors of record on Thursday, January 30th were issued a $0.815 dividend. This represents a $3.26 annualized dividend and a yield of 1.37%. The ex-dividend date of this dividend was Thursday, January 30th. Marsh & McLennan Companies's dividend payout ratio (DPR) is presently 39.80%.

Analysts Set New Price Targets

MMC has been the subject of a number of recent research reports. Raymond James reissued an "outperform" rating and set a $250.00 price objective (up from $240.00) on shares of Marsh & McLennan Companies in a report on Thursday, February 6th. Royal Bank of Canada raised Marsh & McLennan Companies from a "sector perform" rating to an "outperform" rating and increased their price target for the company from $242.00 to $250.00 in a research report on Thursday, December 12th. Wells Fargo & Company lifted their price objective on shares of Marsh & McLennan Companies from $212.00 to $223.00 and gave the stock an "equal weight" rating in a report on Friday, January 31st. Barclays raised their price target on shares of 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. Finally, JPMorgan Chase & Co. upped their price objective on shares of Marsh & McLennan Companies from $230.00 to $235.00 and gave the stock a "neutral" rating in a research report on Friday, January 3rd. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $230.44.

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.