Donaldson Capital Management LLC Sells 4,112 Shares of Marsh & McLennan Companies, Inc. $MRSH

Donaldson Capital Management LLC lowered its stake in shares of Marsh & McLennan Companies, Inc. (NYSE:MRSH) by 39.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 6,182 shares of the financial services provider’s stock after selling 4,112 shares during the quarter. Donaldson Capital Management LLC’s holdings in Marsh & McLennan Companies were worth $1,147,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Pinnacle Bancorp Inc. purchased a new position in Marsh & McLennan Companies during the third quarter worth $25,000. Headlands Technologies LLC bought a new stake in shares of Marsh & McLennan Companies in the 2nd quarter worth about $29,000. KERR FINANCIAL PLANNING Corp purchased a new position in shares of Marsh & McLennan Companies during the 3rd quarter worth about $30,000. Delos Wealth Advisors LLC bought a new position in Marsh & McLennan Companies during the 2nd quarter valued at about $32,000. Finally, TruNorth Capital Management LLC purchased a new stake in Marsh & McLennan Companies in the 3rd quarter worth about $32,000. 87.99% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

MRSH has been the subject of several recent analyst reports. Evercore dropped their target price on Marsh & McLennan Companies from $237.00 to $236.00 and set an “outperform” rating for the company in a research report on Wednesday, January 7th. Cantor Fitzgerald raised their price target on Marsh & McLennan Companies from $208.00 to $212.00 and gave the stock an “overweight” rating in a research note on Monday, February 2nd. Barclays dropped their price objective on Marsh & McLennan Companies from $210.00 to $209.00 and set an “overweight” rating for the company in a report on Wednesday, March 11th. Keefe, Bruyette & Woods increased their target price on Marsh & McLennan Companies from $205.00 to $206.00 and gave the stock a “market perform” rating in a research note on Monday, February 2nd. Finally, JPMorgan Chase & Co. lowered their target price on shares of Marsh & McLennan Companies from $242.00 to $226.00 and set an “overweight” rating for the company in a research note on Wednesday, January 7th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Marsh & McLennan Companies currently has an average rating of “Hold” and a consensus target price of $212.06.

Marsh & McLennan Companies Stock Performance

Shares of NYSE MRSH opened at $169.25 on Monday. Marsh & McLennan Companies, Inc. has a 52-week low of $164.89 and a 52-week high of $248.00. The stock has a market capitalization of $81.94 billion, a price-to-earnings ratio of 20.08, a price-to-earnings-growth ratio of 2.30 and a beta of 0.74. The company has a 50 day moving average price of $176.34. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.20.

Marsh & McLennan Companies (NYSE:MRSH) last released its quarterly earnings data on Thursday, January 29th. The financial services provider reported $2.12 EPS for the quarter, topping the consensus estimate of $1.97 by $0.15. Marsh & McLennan Companies had a return on equity of 31.60% and a net margin of 15.42%.The company had revenue of $6.60 billion for the quarter, compared to the consensus estimate of $6.52 billion. During the same period last year, the business posted $1.87 EPS. Marsh & McLennan Companies’s quarterly revenue was up 8.7% on a year-over-year basis. Analysts forecast that Marsh & McLennan Companies, Inc. will post 9.61 earnings per share for the current year.

Marsh & McLennan Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 15th. Investors of record on Thursday, April 9th will be paid a $0.90 dividend. The ex-dividend date of this dividend is Thursday, April 9th. This represents a $3.60 dividend on an annualized basis and a yield of 2.1%. Marsh & McLennan Companies’s dividend payout ratio is 42.70%.

Insider Transactions at Marsh & McLennan Companies

In other Marsh & McLennan Companies news, CEO John Q. Doyle sold 16,655 shares of the firm’s stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $183.30, for a total transaction of $3,052,861.50. Following the transaction, 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 position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.35% of the stock is currently owned by insiders.

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.