Marsh & McLennan Companies, Inc. (NYSE:MMC) Shares Acquired by Northwest & Ethical Investments L.P.

Northwest & Ethical Investments L.P. increased its holdings in shares of Marsh & McLennan Companies, Inc. (NYSE:MMC - Free Report) by 4.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 104,033 shares of the financial services provider's stock after buying an additional 4,147 shares during the period. Northwest & Ethical Investments L.P.'s holdings in Marsh & McLennan Companies were worth $22,098,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Caprock Group LLC increased its stake in shares of Marsh & McLennan Companies by 5.1% during the third quarter. Caprock Group LLC now owns 13,267 shares of the financial services provider's stock worth $2,960,000 after purchasing an additional 649 shares in the last quarter. Prospera Financial Services Inc lifted its position in shares of Marsh & McLennan Companies by 10.6% in the third quarter. Prospera Financial Services Inc now owns 2,525 shares of the financial services provider's stock valued at $563,000 after acquiring an additional 241 shares in the last quarter. Fifth Third Wealth Advisors LLC boosted its stake in shares of Marsh & McLennan Companies by 5.6% in the third quarter. Fifth Third Wealth Advisors LLC now owns 4,727 shares of the financial services provider's stock worth $1,055,000 after acquiring an additional 249 shares during the last quarter. PNC Financial Services Group Inc. raised its stake in Marsh & McLennan Companies by 3.7% in the 3rd quarter. PNC Financial Services Group Inc. now owns 587,472 shares of the financial services provider's stock valued at $131,059,000 after purchasing an additional 21,181 shares during the last quarter. Finally, Bellwether Advisors LLC purchased a new position in Marsh & McLennan Companies in the 3rd quarter valued at $6,064,000. Institutional investors and hedge funds own 87.99% of the company's stock.

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Insider Buying and Selling at Marsh & McLennan Companies

In other news, CEO Nicholas Mark Studer sold 49,390 shares of the firm's stock in a transaction dated Wednesday, March 12th. The stock was sold at an average price of $230.16, for a total transaction of $11,367,602.40. Following the sale, the chief executive officer now owns 28,329 shares of the company's stock, valued at approximately $6,520,202.64. This trade represents a 63.55 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Stacy Mills sold 1,317 shares of the company's stock in a transaction on Monday, March 10th. The shares were sold at an average price of $234.97, for a total transaction of $309,455.49. Following the completion of the transaction, the vice president now owns 2,923 shares of the company's stock, valued at approximately $686,817.31. The trade was a 31.06 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 57,828 shares of company stock valued at $13,350,279 in the last quarter. Corporate insiders own 0.30% of the company's stock.

Marsh & McLennan Companies Trading Up 1.1 %

Shares of MMC stock traded up $2.51 on Monday, hitting $234.82. The stock had a trading volume of 2,226,472 shares, compared to its average volume of 1,639,176. The company's 50 day moving average price is $227.57 and its 200-day moving average price is $223.78. Marsh & McLennan Companies, Inc. has a 1 year low of $196.17 and a 1 year high of $241.84. The firm has a market capitalization of $115.33 billion, a P/E ratio of 28.67, a P/E/G ratio of 2.70 and a beta of 0.95. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.13 and a quick ratio of 1.13.

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, beating the consensus estimate of $1.75 by $0.12. Marsh & McLennan Companies had a net margin of 16.60% and a return on equity of 32.60%. Analysts anticipate that Marsh & McLennan Companies, Inc. will post 9.61 earnings per share for the current year.

Marsh & McLennan Companies Dividend Announcement

The business 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 dividend of $0.815 per share. The ex-dividend date of this dividend is Thursday, April 3rd. This represents a $3.26 annualized dividend and a yield of 1.39%. Marsh & McLennan Companies's payout ratio is 39.80%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on MMC shares. Wells Fargo & Company increased their target price on shares of Marsh & McLennan Companies from $212.00 to $223.00 and gave the company an "equal weight" rating in a research report on Friday, January 31st. Royal Bank of Canada upgraded Marsh & McLennan Companies from a "sector perform" rating to an "outperform" rating and boosted their target price for the stock from $242.00 to $250.00 in a report on Thursday, December 12th. JPMorgan Chase & Co. lifted their price objective on Marsh & McLennan Companies from $230.00 to $235.00 and gave the stock a "neutral" rating in a research report on Friday, January 3rd. Raymond James reaffirmed 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. Finally, Evercore ISI reissued an "outperform" rating and set a $242.00 price target on shares of Marsh & McLennan Companies in a research report on Monday, November 25th. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating and four have given a buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Hold" and an average target price 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.