B. Metzler seel. Sohn & Co. AG Has $38.04 Million Position in Marsh & McLennan Companies, Inc. $MRSH

B. Metzler seel. Sohn & Co. AG increased its holdings in shares of Marsh & McLennan Companies, Inc. (NYSE:MRSHFree Report) by 3.0% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 188,761 shares of the financial services provider’s stock after purchasing an additional 5,543 shares during the quarter. B. Metzler seel. Sohn & Co. AG’s holdings in Marsh & McLennan Companies were worth $38,041,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of MRSH. Brighton Jones LLC grew its position in shares of Marsh & McLennan Companies by 51.2% in the 4th quarter. Brighton Jones LLC now owns 8,738 shares of the financial services provider’s stock valued at $1,856,000 after acquiring an additional 2,960 shares during the period. Bison Wealth LLC grew its position in shares of Marsh & McLennan Companies by 39.6% in the fourth quarter. Bison Wealth LLC now owns 3,064 shares of the financial services provider’s stock valued at $651,000 after purchasing an additional 869 shares during the last quarter. Sigma Planning Corp grew its holdings in Marsh & McLennan Companies by 12.2% in the 2nd quarter. Sigma Planning Corp now owns 2,529 shares of the financial services provider’s stock valued at $553,000 after buying an additional 275 shares in the last quarter. Moors & Cabot Inc. increased its position in Marsh & McLennan Companies by 67.7% during the second quarter. Moors & Cabot Inc. now owns 2,915 shares of the financial services provider’s stock worth $637,000 after acquiring an additional 1,177 shares during the period. Finally, First Horizon Advisors Inc. increased its holdings in shares of Marsh & McLennan Companies by 26.3% during the second quarter. First Horizon Advisors Inc. now owns 903 shares of the financial services provider’s stock worth $197,000 after purchasing an additional 188 shares during the period. 87.99% of the stock is owned by institutional investors and hedge funds.

Marsh & McLennan Companies Price Performance

MRSH opened at $183.43 on Friday. Marsh & McLennan Companies, Inc. has a fifty-two week low of $170.37 and a fifty-two week high of $248.00. The stock has a market cap of $88.80 billion, a P/E ratio of 21.76, a PEG ratio of 2.49 and a beta of 0.74. The company has a debt-to-equity ratio of 1.20, a quick ratio of 1.10 and a current ratio of 1.10.

Marsh & McLennan Companies (NYSE:MRSHGet Free Report) last issued its quarterly earnings results on Thursday, January 29th. The financial services provider reported $2.12 earnings per share for the quarter, topping analysts’ consensus estimates of $1.97 by $0.15. Marsh & McLennan Companies had a net margin of 15.42% and a return on equity of 31.60%. The company had revenue of $6.60 billion for the quarter, compared to the consensus estimate of $6.52 billion. During the same period in the previous year, the firm earned $1.87 EPS. The firm’s quarterly revenue was up 8.7% on a year-over-year basis. On average, equities research analysts anticipate that Marsh & McLennan Companies, Inc. will post 9.61 EPS for the current fiscal year.

Marsh & McLennan Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 15th. Stockholders of record on Thursday, April 9th will be given a $0.90 dividend. This represents a $3.60 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date is Thursday, April 9th. Marsh & McLennan Companies’s dividend payout ratio (DPR) is 42.70%.

Insider Buying and Selling

In related news, CEO John Q. Doyle sold 16,655 shares of Marsh & McLennan Companies stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $183.30, for a total transaction of $3,052,861.50. Following the completion of the sale, the chief executive officer owned 116,811 shares of the company’s stock, valued at approximately $21,411,456.30. This trade represents a 12.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.35% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several equities analysts have commented on MRSH shares. JPMorgan Chase & Co. decreased their target price on shares of Marsh & McLennan Companies from $242.00 to $226.00 and set an “overweight” rating on the stock in a report on Wednesday, January 7th. Royal Bank Of Canada restated a “sector perform” rating and set a $200.00 price objective on shares of Marsh & McLennan Companies in a research report on Friday, January 30th. Morgan Stanley upped their price target on shares of Marsh & McLennan Companies from $190.00 to $195.00 and gave the company an “equal weight” rating in a research report on Friday, January 30th. Wells Fargo & Company raised their price objective on Marsh & McLennan Companies from $199.00 to $203.00 and gave the stock an “equal weight” rating in a research report on Friday, January 30th. Finally, Mizuho reissued a “neutral” rating and set a $199.00 target price (down from $213.00) on shares of Marsh & McLennan Companies in a research note on Friday, February 27th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $216.18.

Get Our Latest Analysis on MRSH

Marsh & McLennan Companies Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Marsh & McLennan Companies (NYSE:MRSH)

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