Marsh & McLennan Companies, Inc. (NYSE:MRSH) Receives $211.38 Consensus PT from Analysts

Shares of Marsh & McLennan Companies, Inc. (NYSE:MRSH) have earned an average rating of “Hold” from the eighteen brokerages that are covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, eleven have issued a hold recommendation, five have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $211.3750.

Several brokerages recently issued reports on MRSH. Morgan Stanley cut their target price on shares of Marsh & McLennan Companies from $195.00 to $190.00 and set an “equal weight” rating on the stock in a research note on Monday. Cantor Fitzgerald increased their target price on shares of Marsh & McLennan Companies from $208.00 to $212.00 and gave the stock an “overweight” rating in a research note on Monday, February 2nd. Weiss Ratings began coverage on shares of Marsh & McLennan Companies in a research note on Thursday, January 29th. They set a “hold (c)” rating on the stock. Wells Fargo & Company increased their target price on shares of Marsh & McLennan Companies from $199.00 to $203.00 and gave the stock an “equal weight” rating in a research note on Friday, January 30th. Finally, Raymond James Financial raised shares of Marsh & McLennan Companies from an “outperform” rating to a “strong-buy” rating and set a $225.00 target price on the stock in a research note on Tuesday, February 17th.

Insider Buying and Selling 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 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 approximately $21,411,456.30. This trade represents a 12.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.35% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Pinnacle Bancorp Inc. bought a new position in shares of Marsh & McLennan Companies in the third quarter valued at $25,000. Headlands Technologies LLC bought a new position in shares of Marsh & McLennan Companies in the second quarter valued at $29,000. Solstein Capital LLC bought a new position in shares of Marsh & McLennan Companies in the fourth quarter valued at $25,000. SHP Wealth Management bought a new position in shares of Marsh & McLennan Companies in the fourth quarter valued at $26,000. Finally, KERR FINANCIAL PLANNING Corp bought a new position in shares of Marsh & McLennan Companies in the fourth quarter valued at $27,000. 87.99% of the stock is owned by institutional investors.

Marsh & McLennan Companies Stock Down 0.1%

MRSH opened at $172.54 on Wednesday. Marsh & McLennan Companies has a twelve month low of $164.89 and a twelve month high of $239.34. The company has a debt-to-equity ratio of 1.20, a quick ratio of 1.10 and a current ratio of 1.10. The business’s fifty day moving average price is $174.75. The firm has a market capitalization of $83.53 billion, a PE ratio of 20.47, a PEG ratio of 2.38 and a beta of 0.75.

Marsh & McLennan Companies (NYSE:MRSH) last posted its quarterly earnings data on Thursday, January 29th. The financial services provider reported $2.12 earnings per share 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 analysts’ expectations of $6.52 billion. Marsh & McLennan Companies had a net margin of 15.42% and a return on equity of 31.60%. Marsh & McLennan Companies’s revenue for the quarter was up 8.7% compared to the same quarter last year. During the same period in the prior year, the company posted $1.87 earnings per share. Sell-side analysts anticipate that Marsh & McLennan Companies will post 9.61 EPS for the current fiscal year.

Marsh & McLennan Companies Announces Dividend

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

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.