Marsh & McLennan Companies, Inc. $MMC Shares Sold by Dupont Capital Management Corp

Dupont Capital Management Corp decreased its position in shares of Marsh & McLennan Companies, Inc. (NYSE:MMC) by 20.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 39,154 shares of the financial services provider’s stock after selling 9,917 shares during the period. Dupont Capital Management Corp’s holdings in Marsh & McLennan Companies were worth $7,891,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of MMC. Jennison Associates LLC raised its stake in Marsh & McLennan Companies by 225.1% during the 2nd quarter. Jennison Associates LLC now owns 1,051,055 shares of the financial services provider’s stock valued at $229,803,000 after acquiring an additional 727,714 shares during the last quarter. Vanguard Group Inc. increased its holdings in shares of Marsh & McLennan Companies by 1.8% in the second quarter. Vanguard Group Inc. now owns 46,158,562 shares of the financial services provider’s stock valued at $10,092,108,000 after purchasing an additional 837,117 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund raised its stake in shares of Marsh & McLennan Companies by 18.7% during the second quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 218,131 shares of the financial services provider’s stock worth $47,692,000 after purchasing an additional 34,400 shares during the last quarter. Valeo Financial Advisors LLC lifted its holdings in shares of Marsh & McLennan Companies by 48,212.9% during the second quarter. Valeo Financial Advisors LLC now owns 2,629,187 shares of the financial services provider’s stock worth $574,845,000 after purchasing an additional 2,623,745 shares during the period. Finally, Shell Asset Management Co. increased its stake in Marsh & McLennan Companies by 48.6% in the 2nd quarter. Shell Asset Management Co. now owns 8,577 shares of the financial services provider’s stock valued at $1,875,000 after buying an additional 2,806 shares during the period. 87.99% of the stock is owned by institutional investors and hedge funds.

Marsh & McLennan Companies Stock Down 0.9%

MMC opened at $185.59 on Friday. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.12 and a current ratio of 1.12. The company has a market cap of $90.92 billion, a price-to-earnings ratio of 22.25, a PEG ratio of 3.18 and a beta of 0.76. Marsh & McLennan Companies, Inc. has a one year low of $174.18 and a one year high of $248.00. The business’s fifty day moving average is $182.83 and its two-hundred day moving average is $197.75.

Marsh & McLennan Companies (NYSE:MMC) last released its quarterly earnings results on Thursday, October 16th. The financial services provider reported $1.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.78 by $0.07. The business had revenue of $6.35 billion during the quarter, compared to the consensus estimate of $6.34 billion. Marsh & McLennan Companies had a return on equity of 31.79% and a net margin of 15.60%.The business’s revenue was up 11.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.63 EPS. Analysts anticipate that Marsh & McLennan Companies, Inc. will post 9.61 EPS for the current fiscal year.

Insider Activity

In other news, CEO John Q. Doyle sold 21,079 shares of the firm’s stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $182.22, for a total transaction of $3,841,015.38. Following the completion of the transaction, the chief executive officer directly owned 87,681 shares of the company’s stock, valued at $15,977,231.82. This trade represents a 19.38% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.35% of the stock is owned by company insiders.

Analyst Ratings Changes

Several analysts have recently commented on MMC shares. UBS Group reduced their target price on shares of Marsh & McLennan Companies from $258.00 to $257.00 and set a “buy” rating for the company in a research note on Wednesday, October 8th. Keefe, Bruyette & Woods upgraded shares of Marsh & McLennan Companies from an “underperform” rating to a “market perform” rating and reduced their price objective for the company from $209.00 to $191.00 in a research report on Friday, October 17th. Bank of America reiterated an “underperform” rating and set a $181.00 target price (down previously from $243.00) on shares of Marsh & McLennan Companies in a research report on Monday, November 3rd. The Goldman Sachs Group raised Marsh & McLennan Companies from a “sell” rating to a “neutral” rating and reduced their price target for the company from $200.00 to $195.00 in a report on Monday, October 20th. Finally, Citigroup dropped their price objective on Marsh & McLennan Companies from $211.00 to $201.00 and set a “neutral” rating on the stock in a report on Thursday, December 4th. Eight analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Marsh & McLennan Companies currently has an average rating of “Hold” and an average price target of $222.35.

About Marsh & McLennan Companies

Marsh & McLennan Companies (NYSE: MMC) is a global professional services firm headquartered in New York City that provides advice and solutions in the areas of risk, strategy and people. Founded in 1905, the company has grown into a diversified group of businesses focused on insurance brokerage and risk management, reinsurance, human capital and investment consulting, and management consulting. Its long history and scale position it as a prominent adviser to corporations, governments and other institutions seeking to manage risk and optimize human and financial capital.

The firm operates through several well-known subsidiaries and business units that specialize in distinct services.