Blair William & Co. IL Sells 4,742 Shares of Marsh & McLennan Companies, Inc. $MRSH

Blair William & Co. IL lessened its holdings in Marsh & McLennan Companies, Inc. (NYSE:MRSH) by 9.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 46,599 shares of the financial services provider’s stock after selling 4,742 shares during the quarter. Blair William & Co. IL’s holdings in Marsh & McLennan Companies were worth $9,391,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently added to or reduced their stakes in MRSH. Brighton Jones LLC increased its position in Marsh & McLennan Companies by 51.2% in the fourth quarter. Brighton Jones LLC now owns 8,738 shares of the financial services provider’s stock worth $1,856,000 after buying an additional 2,960 shares during the last quarter. Bison Wealth LLC raised its stake in Marsh & McLennan Companies by 39.6% in the 4th quarter. Bison Wealth LLC now owns 3,064 shares of the financial services provider’s stock valued at $651,000 after acquiring an additional 869 shares during the period. Wedbush Securities Inc. boosted its position in Marsh & McLennan Companies by 60.8% during the second quarter. Wedbush Securities Inc. now owns 1,661 shares of the financial services provider’s stock worth $363,000 after purchasing an additional 628 shares during the period. AE Wealth Management LLC raised its position in shares of Marsh & McLennan Companies by 12.7% in the second quarter. AE Wealth Management LLC now owns 3,959 shares of the financial services provider’s stock valued at $866,000 after purchasing an additional 446 shares during the period. Finally, RWA Wealth Partners LLC boosted its holdings in Marsh & McLennan Companies by 3.6% in the 2nd quarter. RWA Wealth Partners LLC now owns 8,171 shares of the financial services provider’s stock worth $1,787,000 after buying an additional 284 shares during the period. Institutional investors own 87.99% of the company’s stock.

Marsh & McLennan Companies Stock Down 0.0%

NYSE:MRSH opened at $179.92 on Tuesday. The stock has a market capitalization of $87.10 billion, a price-to-earnings ratio of 21.34, a price-to-earnings-growth 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, Inc. has a twelve month low of $170.37 and a twelve month high of $248.00.

Marsh & McLennan Companies (NYSE:MRSH) last issued 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. The company had revenue of $6.60 billion during the quarter, compared to analyst estimates of $6.52 billion. Marsh & McLennan Companies had a return on equity of 31.60% and a net margin of 15.42%.Marsh & McLennan Companies’s revenue was up 8.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.87 earnings per share. On average, analysts expect that Marsh & McLennan Companies, Inc. will post 9.61 EPS for the current year.

Marsh & McLennan Companies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 15th. Stockholders of record on Thursday, April 9th will be issued 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 dividend yield of 2.0%. Marsh & McLennan Companies’s dividend payout ratio is presently 42.70%.

Insider Buying and Selling at Marsh & McLennan Companies

In other news, CEO John Q. Doyle sold 16,655 shares of the firm’s stock in a transaction on 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 sale, the chief executive officer owned 116,811 shares in the company, valued at approximately $21,411,456.30. This trade represents a 12.48% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 0.35% of the company’s stock.

Wall Street Analysts Forecast Growth

MRSH has been the topic of several recent research reports. Cantor Fitzgerald increased their target price on Marsh & McLennan Companies from $208.00 to $212.00 and gave the stock an “overweight” rating in a research report on Monday, February 2nd. Keefe, Bruyette & Woods raised 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. Evercore decreased their price target on Marsh & McLennan Companies from $237.00 to $236.00 and set an “outperform” rating on the stock in a research report on Wednesday, January 7th. Royal Bank Of Canada reissued a “sector perform” rating and issued a $200.00 price target on shares of Marsh & McLennan Companies in a report on Friday, January 30th. Finally, Weiss Ratings initiated coverage on shares of Marsh & McLennan Companies in a research note on Thursday, January 29th. They set a “hold (c)” rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $216.18.

Marsh & McLennan Companies Profile

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.