Marsh & McLennan Companies, Inc. $MRSH Position Increased by Compagnie Lombard Odier SCmA

Compagnie Lombard Odier SCmA grew its holdings in Marsh & McLennan Companies, Inc. (NYSE:MRSH) by 11.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor 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 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the business. State Street Corp grew its stake in Marsh & McLennan Companies by 0.4% during the 3rd quarter. State Street Corp now owns 21,538,014 shares of the financial services provider’s stock valued at $4,340,556,000 after acquiring an additional 96,436 shares in the last quarter. Capital International Investors increased its stake in Marsh & McLennan Companies by 1.2% in the 3rd quarter. Capital International Investors now owns 18,590,697 shares of the financial services provider’s stock valued at $3,745,889,000 after buying an additional 221,033 shares during the period. Capital World Investors boosted its stake in shares of Marsh & McLennan Companies by 0.5% during the 3rd quarter. Capital World Investors now owns 17,702,898 shares of the financial services provider’s stock valued at $3,567,410,000 after buying an additional 92,767 shares during the period. Wellington Management Group LLP increased its stake in shares of Marsh & McLennan Companies by 9.1% in the third quarter. Wellington Management Group LLP now owns 15,091,478 shares of the financial services provider’s stock worth $3,041,386,000 after acquiring an additional 1,260,434 shares during the last quarter. Finally, Capital Research Global Investors boosted its position in Marsh & McLennan Companies by 0.7% during the third quarter. Capital Research Global Investors now owns 9,861,067 shares of the financial services provider’s stock valued at $1,987,301,000 after purchasing an additional 68,826 shares during the last quarter. 87.99% of the stock is owned by hedge funds and other institutional investors.

Marsh & McLennan Companies Price Performance

Shares of MRSH opened at $171.96 on Thursday. The company has a market cap of $83.25 billion, a P/E ratio of 20.40, a PEG ratio of 2.36 and a beta of 0.75. 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, Inc. has a one year low of $164.89 and a one year high of $248.00. The stock has a fifty day moving average price of $176.05.

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

Marsh & McLennan Companies Dividend Announcement

The firm also recently declared 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. 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 payout ratio is currently 42.70%.

Insider Activity at Marsh & McLennan Companies

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

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on MRSH. Evercore dropped their target price 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. Cantor Fitzgerald increased their price objective on Marsh & McLennan Companies from $208.00 to $212.00 and gave the stock an “overweight” rating in a report on Monday, February 2nd. Barclays cut their price target on shares of Marsh & McLennan Companies from $210.00 to $209.00 and set an “overweight” rating on the stock in a report on Wednesday, March 11th. Mizuho reiterated a “neutral” rating and issued a $199.00 price objective (down from $213.00) on shares of Marsh & McLennan Companies in a report on Friday, February 27th. Finally, Citigroup boosted their price target 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 assigned a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $212.06.

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.