Marsh & McLennan Companies, Inc. (NYSE:MMC) Shares Acquired by James Hambro & Partners LLP

James Hambro & Partners LLP boosted its holdings in Marsh & McLennan Companies, Inc. (NYSE:MMC) by 8.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,811 shares of the financial services provider’s stock after buying an additional 225 shares during the quarter. James Hambro & Partners LLP’s holdings in Marsh & McLennan Companies were worth $597,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of MMC. Carmichael Hill & Associates Inc. raised its position in shares of Marsh & McLennan Companies by 85.7% during the 3rd quarter. Carmichael Hill & Associates Inc. now owns 130 shares of the financial services provider’s stock worth $29,000 after acquiring an additional 60 shares in the last quarter. Catalyst Capital Advisors LLC acquired a new stake in Marsh & McLennan Companies during the third quarter worth approximately $31,000. Albion Financial Group UT purchased a new stake in shares of Marsh & McLennan Companies during the 4th quarter worth approximately $38,000. Capital Performance Advisors LLP acquired a new position in shares of Marsh & McLennan Companies in the 3rd quarter valued at $41,000. Finally, Bangor Savings Bank acquired a new stake in Marsh & McLennan Companies during the 3rd quarter worth $46,000. 87.99% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. Evercore ISI reiterated an “outperform” rating and set a $242.00 target price on shares of Marsh & McLennan Companies in a research report on Monday, November 25th. Wells Fargo & Company decreased their price objective on Marsh & McLennan Companies from $212.00 to $211.00 and set an “equal weight” rating for the company in a report on Thursday, October 10th. BMO Capital Markets lifted their target price on shares of Marsh & McLennan Companies from $217.00 to $228.00 and gave the company a “market perform” rating in a report on Tuesday, October 22nd. Roth Mkm increased their price target on shares of Marsh & McLennan Companies from $220.00 to $230.00 and gave the stock a “neutral” rating in a research note on Friday, October 18th. Finally, The Goldman Sachs Group set a $220.00 price objective on shares of Marsh & McLennan Companies and gave the company a “sell” rating in a research note on Friday, October 18th. Two research analysts have rated the stock with a sell rating, ten have given a hold rating and three have given a buy rating to the company. According to MarketBeat, Marsh & McLennan Companies currently has an average rating of “Hold” and a consensus price target of $228.60.

Marsh & McLennan Companies Stock Up 0.7 %

MMC opened at $218.94 on Monday. The business has a 50 day simple moving average of $218.00 and a 200-day simple moving average of $221.35. Marsh & McLennan Companies, Inc. has a 12 month low of $188.31 and a 12 month high of $235.50. The stock has a market capitalization of $107.53 billion, a P/E ratio of 26.96, a P/E/G ratio of 2.27 and a beta of 0.96. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.14 and a quick ratio of 1.14.

Marsh & McLennan Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, February 14th. Stockholders of record on Thursday, January 30th will be issued a $0.815 dividend. The ex-dividend date is Thursday, January 30th. This represents a $3.26 dividend on an annualized basis and a dividend yield of 1.49%. Marsh & McLennan Companies’s dividend payout ratio is presently 40.15%.

Insider Activity at Marsh & McLennan Companies

In related news, Director Oscar Fanjul sold 2,500 shares of Marsh & McLennan Companies stock in a transaction on Wednesday, October 30th. The stock was sold at an average price of $221.55, for a total transaction of $553,875.00. Following the completion of the transaction, the director now directly owns 48,549 shares of the company’s stock, valued at approximately $10,756,030.95. The trade was a 4.90 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Company insiders own 0.30% of the company’s stock.

About Marsh & McLennan Companies

Marsh & McLennan Cos., Inc is a professional services firm, which engages in offering clients advice and solutions in risk, strategy, and people. It operates through the Risk and Insurance Services, and Consulting segments. The Risk and Insurance Services segment is involved in risk management activities, as well as insurance and reinsurance broking and services.