V Square Quantitative Management LLC Has $3.29 Million Stock Position in Marsh & McLennan Companies, Inc. (NYSE:MMC)

V Square Quantitative Management LLC raised its holdings in Marsh & McLennan Companies, Inc. (NYSE:MMC - Free Report) by 10.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 15,503 shares of the financial services provider's stock after buying an additional 1,472 shares during the quarter. V Square Quantitative Management LLC's holdings in Marsh & McLennan Companies were worth $3,293,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Fortitude Family Office LLC boosted its holdings in shares of Marsh & McLennan Companies by 18.8% in the 3rd quarter. Fortitude Family Office LLC now owns 285 shares of the financial services provider's stock valued at $64,000 after buying an additional 45 shares during the last quarter. Geneos Wealth Management Inc. boosted its holdings in shares of Marsh & McLennan Companies by 3.7% in the 4th quarter. Geneos Wealth Management Inc. now owns 1,324 shares of the financial services provider's stock valued at $281,000 after buying an additional 47 shares during the last quarter. Hemington Wealth Management boosted its holdings in shares of Marsh & McLennan Companies by 6.7% in the 4th quarter. Hemington Wealth Management now owns 768 shares of the financial services provider's stock valued at $163,000 after buying an additional 48 shares during the last quarter. TFB Advisors LLC lifted its holdings in Marsh & McLennan Companies by 2.0% during the 4th quarter. TFB Advisors LLC now owns 2,576 shares of the financial services provider's stock valued at $547,000 after purchasing an additional 51 shares during the last quarter. Finally, BSW Wealth Partners lifted its holdings in Marsh & McLennan Companies by 5.1% during the 3rd quarter. BSW Wealth Partners now owns 1,086 shares of the financial services provider's stock valued at $242,000 after purchasing an additional 53 shares during the last quarter. Institutional investors own 87.99% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have issued reports on the company. Evercore ISI reaffirmed an "outperform" rating and set a $242.00 price target on shares of Marsh & McLennan Companies in a report on Monday, November 25th. Raymond James reaffirmed an "outperform" rating and set a $250.00 price target (up previously 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 raised their price target for the company from $242.00 to $250.00 in a report on Thursday, December 12th. Wells Fargo & Company increased their price objective on Marsh & McLennan Companies from $212.00 to $223.00 and gave the stock an "equal weight" rating in a research report on Friday, January 31st. Finally, BMO Capital Markets increased their price objective on Marsh & McLennan Companies from $217.00 to $228.00 and gave the stock a "market perform" rating in a research report on Tuesday, October 22nd. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, Marsh & McLennan Companies presently has an average rating of "Hold" and a consensus price target of $230.44.

Marsh & McLennan Companies Price Performance

Marsh & McLennan Companies stock traded up $1.21 during midday trading on Tuesday, reaching $230.04. The company's stock had a trading volume of 1,394,261 shares, compared to its average volume of 2,166,305. Marsh & McLennan Companies, Inc. has a 52 week low of $196.17 and a 52 week high of $235.50. The company has a current ratio of 1.13, a quick ratio of 1.14 and a debt-to-equity ratio of 1.44. The business has a 50-day moving average price of $217.00 and a 200-day moving average price of $221.99. The stock has a market cap of $112.97 billion, a PE ratio of 28.09, a price-to-earnings-growth ratio of 2.35 and a beta of 0.96.

Marsh & McLennan Companies (NYSE:MMC - Get Free Report) last released its earnings results 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, sell-side analysts predict that Marsh & McLennan Companies, Inc. will post 9.54 EPS for the current year.

Marsh & McLennan Companies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, February 14th. Stockholders of record on Thursday, January 30th were paid a dividend of $0.815 per share. This represents a $3.26 dividend on an annualized basis and a dividend yield of 1.42%. The ex-dividend date was Thursday, January 30th. Marsh & McLennan Companies's payout ratio is 39.80%.

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.