Caprock Group LLC Acquires 301 Shares of Marsh & McLennan Companies, Inc. (NYSE:MMC)

Caprock Group LLC increased its holdings in shares of Marsh & McLennan Companies, Inc. (NYSE:MMC) by 2.3% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 13,568 shares of the financial services provider’s stock after purchasing an additional 301 shares during the period. Caprock Group LLC’s holdings in Marsh & McLennan Companies were worth $2,882,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of MMC. Fortitude Family Office LLC increased its holdings in shares of Marsh & McLennan Companies by 18.8% in the 3rd quarter. Fortitude Family Office LLC now owns 285 shares of the financial services provider’s stock valued at $64,000 after acquiring an additional 45 shares during the period. Geneos Wealth Management Inc. raised its holdings in Marsh & McLennan Companies by 3.7% in the fourth quarter. Geneos Wealth Management Inc. now owns 1,324 shares of the financial services provider’s stock worth $281,000 after purchasing an additional 47 shares in the last quarter. Dynamic Advisor Solutions LLC lifted its position in shares of Marsh & McLennan Companies by 2.3% during the third quarter. Dynamic Advisor Solutions LLC now owns 2,343 shares of the financial services provider’s stock valued at $523,000 after buying an additional 52 shares during the last quarter. BSW Wealth Partners boosted its holdings in shares of Marsh & McLennan Companies by 5.1% in the 3rd quarter. BSW Wealth Partners now owns 1,086 shares of the financial services provider’s stock valued at $242,000 after buying an additional 53 shares in the last quarter. Finally, CENTRAL TRUST Co raised its stake in shares of Marsh & McLennan Companies by 3.5% during the 3rd quarter. CENTRAL TRUST Co now owns 1,595 shares of the financial services provider’s stock worth $356,000 after acquiring an additional 54 shares in the last quarter. Institutional investors own 87.99% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the stock. Roth Mkm lifted their price target on shares of Marsh & McLennan Companies from $220.00 to $230.00 and gave the stock a “neutral” rating in a report on Friday, October 18th. The Goldman Sachs Group set a $220.00 target price on Marsh & McLennan Companies and gave the company a “sell” rating in a research report on Friday, October 18th. BMO Capital Markets raised their price target on Marsh & McLennan Companies from $217.00 to $228.00 and gave the stock a “market perform” rating in a report on Tuesday, October 22nd. JPMorgan Chase & Co. increased their price objective on shares of Marsh & McLennan Companies from $230.00 to $235.00 and gave the company a “neutral” rating in a research report on Friday, January 3rd. Finally, Barclays boosted their target price on shares of Marsh & McLennan Companies from $236.00 to $246.00 and gave the stock an “equal weight” rating in a research report on Thursday, November 21st. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $229.40.

Marsh & McLennan Companies Stock Performance

Shares of MMC stock opened at $216.90 on Friday. The stock has a market cap of $106.52 billion, a PE ratio of 26.71, a price-to-earnings-growth ratio of 2.30 and a beta of 0.96. Marsh & McLennan Companies, Inc. has a 52-week low of $190.41 and a 52-week high of $235.50. The business has a 50-day simple moving average of $217.65 and a 200-day simple moving average of $221.38. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.89.

Marsh & McLennan Companies (NYSE:MMC) last released its quarterly earnings data on Thursday, January 30th. The financial services provider reported $1.87 EPS for the quarter, topping the consensus estimate of $1.75 by $0.12. Marsh & McLennan Companies had a return on equity of 32.65% and a net margin of 16.82%. On average, equities analysts expect that Marsh & McLennan Companies, Inc. will post 8.67 EPS for the current year.

Marsh & McLennan Companies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, February 14th. Stockholders of record on Thursday, January 30th will be paid a dividend of $0.815 per share. This represents a $3.26 annualized dividend and a dividend yield of 1.50%. The ex-dividend date of this dividend is Thursday, January 30th. Marsh & McLennan Companies’s payout ratio is currently 40.15%.

Marsh & McLennan Companies Company Profile

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.