Compagnie Lombard Odier SCmA Purchases 19,769 Shares of Marsh & McLennan Companies, Inc. $MRSH

Compagnie Lombard Odier SCmA raised its position in Marsh & McLennan Companies, Inc. (NYSE:MRSH) by 11.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 192,881 shares of the financial services provider’s stock after purchasing an additional 19,769 shares during the period. Compagnie Lombard Odier SCmA’s holdings in Marsh & McLennan Companies were worth $35,783,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Pinnacle Bancorp Inc. purchased a new position in Marsh & McLennan Companies during the third quarter worth about $25,000. Headlands Technologies LLC bought a new stake in shares of Marsh & McLennan Companies during the 2nd quarter valued at about $29,000. KERR FINANCIAL PLANNING Corp purchased a new position in shares of Marsh & McLennan Companies during the third quarter worth about $30,000. Delos Wealth Advisors LLC purchased a new stake in Marsh & McLennan Companies in the second quarter valued at approximately $32,000. Finally, TruNorth Capital Management LLC bought a new stake in Marsh & McLennan Companies during the third quarter valued at approximately $32,000. Institutional investors own 87.99% of the company’s stock.

Insider Activity

In related news, CEO John Q. Doyle sold 16,655 shares of Marsh & McLennan Companies stock in a transaction 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 transaction, the chief executive officer directly owned 116,811 shares of the company’s stock, valued at $21,411,456.30. The trade was a 12.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.35% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on MRSH. Cantor Fitzgerald raised their price objective on shares of Marsh & McLennan Companies from $208.00 to $212.00 and gave the company an “overweight” rating in a research report on Monday, February 2nd. Weiss Ratings assumed coverage on Marsh & McLennan Companies in a research note on Thursday, January 29th. They issued a “hold (c)” rating on the stock. Evercore dropped their price target on Marsh & McLennan Companies from $237.00 to $236.00 and set an “outperform” rating for the company in a research note on Wednesday, January 7th. Barclays cut 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. Finally, Citigroup boosted their target price on Marsh & McLennan Companies from $201.00 to $205.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 3rd. One equities research 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 company. Based on data from MarketBeat, Marsh & McLennan Companies presently has a consensus rating of “Hold” and a consensus target price of $212.06.

Marsh & McLennan Companies Stock Up 0.1%

NYSE MRSH opened at $171.96 on Thursday. The company’s 50-day simple moving average is $176.05. Marsh & McLennan Companies, Inc. has a 12-month low of $164.89 and a 12-month high of $248.00. The stock has a market capitalization of $83.25 billion, a price-to-earnings ratio of 20.40, a price-to-earnings-growth ratio of 2.36 and a beta of 0.75. The company has a current ratio of 1.10, a quick 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. The firm 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 quarterly revenue 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. Equities analysts expect that Marsh & McLennan Companies, Inc. will post 9.61 earnings per share for the current fiscal year.

Marsh & McLennan Companies Announces Dividend

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

Marsh & McLennan Companies Company 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.