Marsh & McLennan Companies, Inc. (MMC) Insider Scott Mcdonald Sells 11,418 Shares

Marsh & McLennan Companies, Inc. (NYSE:MMC) insider Scott Mcdonald sold 11,418 shares of the business’s stock in a transaction that occurred on Monday, February 5th. The stock was sold at an average price of $84.86, for a total value of $968,931.48. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Marsh & McLennan Companies, Inc. (NYSE MMC) opened at $79.31 on Friday. Marsh & McLennan Companies, Inc. has a 12 month low of $70.45 and a 12 month high of $86.54. The company has a quick ratio of 1.37, a current ratio of 1.30 and a debt-to-equity ratio of 0.70. The company has a market capitalization of $40,480.00, a P/E ratio of 27.73, a P/E/G ratio of 1.48 and a beta of 1.00.

Marsh & McLennan Companies (NYSE:MMC) last posted its quarterly earnings data on Thursday, February 1st. The financial services provider reported $1.05 EPS for the quarter, beating the consensus estimate of $0.95 by $0.10. Marsh & McLennan Companies had a return on equity of 28.80% and a net margin of 10.64%. The business had revenue of $3.69 billion for the quarter, compared to the consensus estimate of $3.57 billion. During the same quarter in the prior year, the business earned $0.89 earnings per share. Marsh & McLennan Companies’s revenue for the quarter was up 9.5% on a year-over-year basis. equities analysts expect that Marsh & McLennan Companies, Inc. will post 4.32 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, February 15th. Investors of record on Wednesday, January 31st will be paid a $0.375 dividend. The ex-dividend date of this dividend is Tuesday, January 30th. This represents a $1.50 annualized dividend and a yield of 1.89%. Marsh & McLennan Companies’s payout ratio is 52.45%.

A number of equities analysts have recently weighed in on MMC shares. Zacks Investment Research upgraded Marsh & McLennan Companies from a “hold” rating to a “buy” rating and set a $90.00 target price on the stock in a research note on Wednesday, December 27th. Royal Bank of Canada restated a “buy” rating and issued a $93.00 target price on shares of Marsh & McLennan Companies in a research note on Friday, December 8th. Wells Fargo & Co set a $91.00 target price on Marsh & McLennan Companies and gave the stock a “buy” rating in a research note on Thursday, October 26th. Keefe, Bruyette & Woods restated a “buy” rating and issued a $88.00 target price on shares of Marsh & McLennan Companies in a research note on Sunday, October 29th. Finally, Jefferies Group restated a “hold” rating on shares of Marsh & McLennan Companies in a research note on Sunday, October 29th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $87.09.

A number of institutional investors have recently bought and sold shares of the stock. Capital International Investors lifted its stake in Marsh & McLennan Companies by 10.7% in the third quarter. Capital International Investors now owns 12,500,396 shares of the financial services provider’s stock valued at $1,047,658,000 after purchasing an additional 1,212,799 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in Marsh & McLennan Companies by 12.9% in the third quarter. Ameriprise Financial Inc. now owns 7,328,740 shares of the financial services provider’s stock valued at $614,221,000 after purchasing an additional 836,047 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in Marsh & McLennan Companies by 35.2% in the third quarter. JPMorgan Chase & Co. now owns 6,706,542 shares of the financial services provider’s stock valued at $561,069,000 after purchasing an additional 1,747,201 shares during the last quarter. Amundi Pioneer Asset Management Inc. lifted its stake in Marsh & McLennan Companies by 71.4% in the third quarter. Amundi Pioneer Asset Management Inc. now owns 5,905,823 shares of the financial services provider’s stock valued at $494,967,000 after purchasing an additional 2,460,107 shares during the last quarter. Finally, Janus Henderson Group PLC lifted its stake in Marsh & McLennan Companies by 6.0% in the third quarter. Janus Henderson Group PLC now owns 3,712,181 shares of the financial services provider’s stock valued at $311,120,000 after purchasing an additional 210,920 shares during the last quarter. Institutional investors and hedge funds own 85.89% of the company’s stock.

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Marsh & McLennan Companies Company Profile

Marsh & McLennan Companies, Inc is a professional services firm offering clients advice and solutions in risk, strategy and people. The Company is the parent company of various risk advisors and specialty consultants, including Marsh, the insurance broker; Guy Carpenter, the risk and reinsurance specialist; Mercer, the provider of human resource and investment related financial advice and services, and Oliver Wyman Group, the management and economic consultancy.

Insider Buying and Selling by Quarter for Marsh & McLennan Companies (NYSE:MMC)

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