Marsh & McLennan Companies, Inc. (NYSE:MMC) Shares Sold by Cwm LLC

Cwm LLC decreased its holdings in Marsh & McLennan Companies, Inc. (NYSE:MMC) by 1.2% in the 4th quarter, Holdings Channel reports. The firm owned 21,445 shares of the financial services provider’s stock after selling 258 shares during the period. Cwm LLC’s holdings in Marsh & McLennan Companies were worth $4,063,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently bought and sold shares of MMC. Treasurer of the State of North Carolina lifted its position in Marsh & McLennan Companies by 0.4% in the third quarter. Treasurer of the State of North Carolina now owns 223,867 shares of the financial services provider’s stock valued at $42,602,000 after purchasing an additional 830 shares during the period. DekaBank Deutsche Girozentrale lifted its holdings in shares of Marsh & McLennan Companies by 0.9% in the 4th quarter. DekaBank Deutsche Girozentrale now owns 1,180,332 shares of the financial services provider’s stock valued at $221,078,000 after buying an additional 10,161 shares during the period. CENTRAL TRUST Co grew its holdings in Marsh & McLennan Companies by 5.5% during the fourth quarter. CENTRAL TRUST Co now owns 1,448 shares of the financial services provider’s stock worth $274,000 after acquiring an additional 75 shares during the period. OVERSEA CHINESE BANKING Corp Ltd acquired a new stake in Marsh & McLennan Companies in the fourth quarter valued at $1,381,000. Finally, AEGON ASSET MANAGEMENT UK Plc acquired a new position in shares of Marsh & McLennan Companies during the 4th quarter worth $2,825,000. Institutional investors and hedge funds own 87.99% of the company’s stock.

Insider Buying and Selling

In other Marsh & McLennan Companies news, CEO Dean Michael Klisura sold 9,994 shares of the business’s stock in a transaction dated Friday, March 8th. The stock was sold at an average price of $205.00, for a total transaction of $2,048,770.00. Following the transaction, the chief executive officer now owns 20,935 shares in the company, valued at $4,291,675. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. In related news, VP Stacy Mills sold 1,461 shares of Marsh & McLennan Companies stock in a transaction on Thursday, March 14th. The shares were sold at an average price of $209.16, for a total transaction of $305,582.76. Following the sale, the vice president now owns 2,923 shares of the company’s stock, valued at approximately $611,374.68. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Dean Michael Klisura sold 9,994 shares of Marsh & McLennan Companies stock in a transaction dated Friday, March 8th. The stock was sold at an average price of $205.00, for a total value of $2,048,770.00. Following the sale, the chief executive officer now directly owns 20,935 shares in the company, valued at $4,291,675. The disclosure for this sale can be found here. In the last three months, insiders sold 36,751 shares of company stock valued at $7,448,163. Company insiders own 0.35% of the company’s stock.

Marsh & McLennan Companies Stock Performance

NYSE MMC opened at $201.74 on Wednesday. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.97. The company has a market capitalization of $99.40 billion, a PE ratio of 25.60, a price-to-earnings-growth ratio of 3.38 and a beta of 0.90. The business’s 50-day moving average price is $203.07 and its 200 day moving average price is $197.04. Marsh & McLennan Companies, Inc. has a twelve month low of $171.47 and a twelve month high of $209.20.

Marsh & McLennan Companies (NYSE:MMC) last announced its quarterly earnings results on Thursday, April 18th. The financial services provider reported $2.89 earnings per share for the quarter, beating analysts’ consensus estimates of $2.80 by $0.09. The company had revenue of $6.50 billion for the quarter, compared to analyst estimates of $6.38 billion. Marsh & McLennan Companies had a net margin of 16.84% and a return on equity of 34.14%. Marsh & McLennan Companies’s revenue for the quarter was up 9.7% on a year-over-year basis. During the same quarter last year, the business earned $2.53 EPS. On average, research analysts predict that Marsh & McLennan Companies, Inc. will post 8.64 earnings per share for the current year.

Marsh & McLennan Companies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 15th. Investors of record on Thursday, April 4th will be issued a dividend of $0.71 per share. The ex-dividend date is Wednesday, April 3rd. This represents a $2.84 annualized dividend and a dividend yield of 1.41%. Marsh & McLennan Companies’s payout ratio is 36.04%.

Wall Street Analyst Weigh In

MMC has been the topic of a number of research analyst reports. Wells Fargo & Company boosted their price objective on shares of Marsh & McLennan Companies from $212.00 to $213.00 and gave the stock an “equal weight” rating in a report on Friday, April 19th. UBS Group upped their price target on Marsh & McLennan Companies from $236.00 to $238.00 and gave the stock a “buy” rating in a report on Monday. The Goldman Sachs Group downgraded Marsh & McLennan Companies from a “buy” rating to a “sell” rating and decreased their target price for the stock from $215.00 to $185.00 in a research report on Monday, January 8th. Evercore ISI raised their price target on Marsh & McLennan Companies from $212.00 to $218.00 and gave the company an “outperform” rating in a research report on Thursday, April 11th. Finally, Morgan Stanley boosted their price objective on shares of Marsh & McLennan Companies from $205.00 to $210.00 and gave the stock an “equal weight” rating in a research report on Monday, April 15th. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $207.69.

About Marsh & McLennan Companies

Marsh & McLennan Companies, Inc, a professional services company, provides advice and solutions to clients in the areas of risk, strategy, and people worldwide. It operates through Risk and Insurance Services, and Consulting segments. The Risk and Insurance Services segment offers risk management services, such as risk advice, risk transfer, and risk control and mitigation solutions, as well as insurance and reinsurance broking, strategic advisory services, and analytics solutions, and insurance program management services.