Cwm LLC Has $4.06 Million Stock Position in Marsh & McLennan Companies, Inc. (NYSE:MMC)

Cwm LLC decreased its holdings in Marsh & McLennan Companies, Inc. (NYSE:MMC) by 1.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 21,445 shares of the financial services provider’s stock after selling 258 shares during the quarter. Cwm LLC’s holdings in Marsh & McLennan Companies were worth $4,063,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in MMC. IFP Advisors Inc lifted its holdings in Marsh & McLennan Companies by 14.1% during the third quarter. IFP Advisors Inc now owns 2,116 shares of the financial services provider’s stock worth $403,000 after acquiring an additional 262 shares during the period. Arkadios Wealth Advisors purchased a new position in shares of Marsh & McLennan Companies in the 3rd quarter worth about $281,000. Capital Investment Advisors LLC bought a new position in Marsh & McLennan Companies during the third quarter valued at about $884,000. Exchange Traded Concepts LLC raised its position in Marsh & McLennan Companies by 30,896.9% in the third quarter. Exchange Traded Concepts LLC now owns 9,919 shares of the financial services provider’s stock worth $1,888,000 after acquiring an additional 9,887 shares during the period. Finally, Proficio Capital Partners LLC boosted its stake in Marsh & McLennan Companies by 3.5% in the third quarter. Proficio Capital Partners LLC now owns 2,863 shares of the financial services provider’s stock valued at $545,000 after acquiring an additional 96 shares during the last quarter. 87.99% of the stock is owned by institutional investors.

Insider Activity

In other Marsh & McLennan Companies news, SVP Paul Beswick sold 2,169 shares of the firm’s stock in a transaction dated Tuesday, March 5th. The shares were sold at an average price of $202.00, for a total value of $438,138.00. Following the completion of the sale, the senior vice president now directly owns 14,199 shares in the company, valued at $2,868,198. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In related news, CFO Mark C. Mcgivney sold 12,494 shares of Marsh & McLennan Companies stock in a transaction dated Monday, March 4th. The shares were sold at an average price of $200.79, for a total transaction of $2,508,670.26. Following the completion of the transaction, the chief financial officer now directly owns 33,678 shares of the company’s stock, valued at approximately $6,762,205.62. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, SVP Paul Beswick sold 2,169 shares of the company’s stock in a transaction dated Tuesday, March 5th. The stock was sold at an average price of $202.00, for a total transaction of $438,138.00. Following the completion of the sale, the senior vice president now owns 14,199 shares in the company, valued at approximately $2,868,198. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 36,751 shares of company stock valued at $7,448,163. Corporate insiders own 0.35% of the company’s stock.

Marsh & McLennan Companies Stock Up 0.2 %

Shares of Marsh & McLennan Companies stock opened at $201.74 on Wednesday. The stock has a market capitalization of $99.40 billion, a price-to-earnings ratio of 25.60, a P/E/G ratio of 3.38 and a beta of 0.90. Marsh & McLennan Companies, Inc. has a 52-week low of $171.47 and a 52-week high of $209.20. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.14 and a current ratio of 1.14. The company’s 50 day moving average price is $203.07 and its 200-day moving average price is $197.04.

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

Marsh & McLennan Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 15th. Shareholders of record on Thursday, April 4th will be issued a $0.71 dividend. The ex-dividend date of this dividend is Wednesday, April 3rd. This represents a $2.84 annualized dividend and a yield of 1.41%. Marsh & McLennan Companies’s dividend payout ratio (DPR) is presently 36.04%.

Analyst Ratings Changes

A number of analysts have issued reports on MMC shares. Jefferies Financial Group raised their target price on Marsh & McLennan Companies from $197.00 to $208.00 and gave the stock a “hold” rating in a research report on Friday, April 19th. Keefe, Bruyette & Woods upped their price target on shares of Marsh & McLennan Companies from $185.00 to $188.00 and gave the stock an “underperform” rating in a report on Wednesday, April 10th. UBS Group lifted their price objective on Marsh & McLennan Companies from $236.00 to $238.00 and gave the company a “buy” rating in a research note on Monday. The Goldman Sachs Group lowered 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 note on Monday, January 8th. Finally, Wells Fargo & Company boosted their price objective on Marsh & McLennan Companies from $212.00 to $213.00 and gave the stock an “equal weight” rating in a report on Friday, April 19th. Two analysts have rated the stock with a sell rating, eleven have given a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, Marsh & McLennan Companies presently has an average rating of “Hold” and a consensus target price of $207.69.

Marsh & McLennan Companies Profile

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.