1,739 Shares in Marsh & McLennan Companies, Inc. (NYSE:MMC) Purchased by WINTON GROUP Ltd

WINTON GROUP Ltd acquired a new position in shares of Marsh & McLennan Companies, Inc. (NYSE:MMC - Free Report) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 1,739 shares of the financial services provider's stock, valued at approximately $369,000.

Several other hedge funds have also recently bought and sold shares of MMC. Financial Life Planners bought a new position in Marsh & McLennan Companies in the fourth quarter valued at approximately $33,000. Sierra Ocean LLC acquired a new position in shares of Marsh & McLennan Companies during the 4th quarter worth $36,000. Albion Financial Group UT bought a new stake in shares of Marsh & McLennan Companies during the 4th quarter worth $38,000. Golden State Wealth Management LLC acquired a new stake in Marsh & McLennan Companies in the fourth quarter valued at about $41,000. Finally, Halbert Hargrove Global Advisors LLC bought a new position in shares of Marsh & McLennan Companies in the fourth quarter worth about $45,000. 87.99% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, CEO Dean Michael Klisura sold 9,569 shares of the stock in a transaction dated Monday, March 31st. The shares were sold at an average price of $245.00, for a total transaction of $2,344,405.00. Following the transaction, the chief executive officer now owns 20,935 shares of the company's stock, valued at $5,129,075. This represents a 31.37 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP Stacy Mills sold 1,317 shares of the business's stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $234.97, for a total value of $309,455.49. Following the completion of the sale, the vice president now directly owns 2,923 shares of the company's stock, valued at $686,817.31. The trade was a 31.06 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 67,397 shares of company stock worth $15,694,684. Corporate insiders own 0.30% of the company's stock.

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Marsh & McLennan Companies Trading Down 5.9 %

Shares of NYSE MMC traded down $14.33 during midday trading on Friday, reaching $229.94. The stock had a trading volume of 5,141,223 shares, compared to its average volume of 1,820,362. Marsh & McLennan Companies, Inc. has a twelve month low of $196.17 and a twelve month high of $247.94. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.13 and a current ratio of 1.13. The company's 50 day moving average price is $232.01 and its 200 day moving average price is $224.54. The firm has a market cap of $112.93 billion, a price-to-earnings ratio of 28.08, a price-to-earnings-growth ratio of 2.70 and a beta of 0.95.

Marsh & McLennan Companies (NYSE:MMC - Get Free Report) last issued its quarterly earnings results on Thursday, January 30th. The financial services provider reported $1.87 EPS for the quarter, beating analysts' consensus estimates of $1.75 by $0.12. Marsh & McLennan Companies had a net margin of 16.60% and a return on equity of 32.60%. As a group, sell-side analysts expect that Marsh & McLennan Companies, Inc. will post 9.61 EPS for the current year.

Marsh & McLennan Companies Announces Dividend

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 paid a $0.815 dividend. This represents a $3.26 annualized dividend and a yield of 1.42%. The ex-dividend date of this dividend is Thursday, April 3rd. Marsh & McLennan Companies's dividend payout ratio (DPR) is presently 39.80%.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on MMC. Keefe, Bruyette & Woods lowered their price objective on shares of Marsh & McLennan Companies from $214.00 to $210.00 and set an "underperform" rating for the company in a research report on Monday, February 3rd. Raymond James reiterated an "outperform" rating and set a $250.00 price target (up from $240.00) on shares of Marsh & McLennan Companies in a report on Thursday, February 6th. Wells Fargo & Company raised their price objective on Marsh & McLennan Companies from $212.00 to $223.00 and gave the company an "equal weight" rating in a report on Friday, January 31st. Redburn Atlantic assumed coverage on Marsh & McLennan Companies in a research report on Tuesday, March 25th. They issued a "buy" rating and a $281.00 target price for the company. Finally, JPMorgan Chase & Co. boosted their price target on Marsh & McLennan Companies from $230.00 to $235.00 and gave the stock a "neutral" rating in a report on Friday, January 3rd. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and five have issued a buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $233.41.

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.