Marsh & McLennan Companies, Inc. $MRSH Shares Sold by Donaldson Capital Management LLC

Donaldson Capital Management LLC lessened its position in Marsh & McLennan Companies, Inc. (NYSE:MRSH) by 39.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor 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 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in MRSH. Chesley Taft & Associates LLC raised its position in shares of Marsh & McLennan Companies by 66.4% in the fourth quarter. Chesley Taft & Associates LLC now owns 10,052 shares of the financial services provider’s stock valued at $1,865,000 after buying an additional 4,011 shares during the last quarter. Waycross Partners LLC boosted its position in Marsh & McLennan Companies by 19.7% during the fourth quarter. Waycross Partners LLC now owns 166,998 shares of the financial services provider’s stock worth $30,981,000 after acquiring an additional 27,477 shares during the last quarter. Pallas Capital Advisors LLC grew its stake in Marsh & McLennan Companies by 33.0% during the 4th quarter. Pallas Capital Advisors LLC now owns 4,892 shares of the financial services provider’s stock valued at $908,000 after acquiring an additional 1,213 shares in the last quarter. Accurate Wealth Management LLC raised its holdings in Marsh & McLennan Companies by 1.9% in the 4th quarter. Accurate Wealth Management LLC now owns 13,682 shares of the financial services provider’s stock valued at $2,545,000 after acquiring an additional 255 shares during the last quarter. Finally, Net Worth Advisory Group lifted its stake in Marsh & McLennan Companies by 11.7% in the 4th quarter. Net Worth Advisory Group now owns 4,195 shares of the financial services provider’s stock worth $778,000 after purchasing an additional 439 shares in the last quarter. 87.99% of the stock is owned by institutional investors and hedge funds.

Marsh & McLennan Companies Stock Performance

Shares of Marsh & McLennan Companies stock opened at $169.25 on Monday. The stock has a 50 day simple moving average 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. 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. Marsh & McLennan Companies, Inc. has a fifty-two week low of $164.89 and a fifty-two week high of $248.00.

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

Marsh & McLennan Companies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 15th. Shareholders of record on Thursday, April 9th will be paid a dividend of $0.90 per share. This represents a $3.60 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend is Thursday, April 9th. Marsh & McLennan Companies’s dividend payout ratio (DPR) is 42.70%.

Insider Buying and Selling at Marsh & McLennan Companies

In other news, CEO John Q. Doyle sold 16,655 shares of the business’s stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $183.30, for a total value of $3,052,861.50. Following the sale, the chief executive officer directly owned 116,811 shares of the company’s stock, valued at approximately $21,411,456.30. The trade was a 12.48% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.35% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the company. Mizuho restated a “neutral” rating and issued a $199.00 price target (down from $213.00) on shares of Marsh & McLennan Companies in a research report on Friday, February 27th. Evercore lowered their price objective on Marsh & McLennan Companies from $237.00 to $236.00 and set an “outperform” rating on the stock in a research note on Wednesday, January 7th. Weiss Ratings began coverage on Marsh & McLennan Companies in a research note on Thursday, January 29th. They issued a “hold (c)” rating for the company. Barclays reduced their price target on Marsh & McLennan Companies from $210.00 to $209.00 and set an “overweight” rating on the stock in a report on Wednesday, March 11th. Finally, Wells Fargo & Company boosted their price target on shares of Marsh & McLennan Companies from $199.00 to $203.00 and gave the company an “equal weight” rating in a research report on Friday, January 30th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $212.06.

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.