V Square Quantitative Management LLC Buys 1,472 Shares of Marsh & McLennan Companies, Inc. (NYSE:MMC)

V Square Quantitative Management LLC boosted its holdings in shares of Marsh & McLennan Companies, Inc. (NYSE:MMC) by 10.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 15,503 shares of the financial services provider’s stock after purchasing an additional 1,472 shares during the period. V Square Quantitative Management LLC’s holdings in Marsh & McLennan Companies were worth $3,293,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of MMC. Carmichael Hill & Associates Inc. increased its holdings in 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 valued at $29,000 after purchasing an additional 60 shares during the period. Catalyst Capital Advisors LLC purchased a new position in shares of Marsh & McLennan Companies during the 3rd quarter worth approximately $31,000. Financial Life Planners purchased a new position in shares of Marsh & McLennan Companies during the 4th quarter worth approximately $33,000. Albion Financial Group UT purchased a new position in shares of Marsh & McLennan Companies during the 4th quarter worth approximately $38,000. Finally, Capital Performance Advisors LLP purchased a new position in shares of Marsh & McLennan Companies during the 3rd quarter worth approximately $41,000. Hedge funds and other institutional investors own 87.99% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. UBS Group boosted their price target on Marsh & McLennan Companies from $255.00 to $259.00 and gave the stock a “buy” rating in a research report on Tuesday, October 22nd. Raymond James reissued an “outperform” rating and issued a $250.00 price target (up from $240.00) on shares of Marsh & McLennan Companies in a research report on Thursday, February 6th. Wells Fargo & Company boosted their price target on Marsh & McLennan Companies from $212.00 to $223.00 and gave the stock an “equal weight” rating in a research report on Friday, January 31st. Evercore ISI reaffirmed an “outperform” rating and issued a $242.00 price objective on shares of Marsh & McLennan Companies in a research report on Monday, November 25th. Finally, Keefe, Bruyette & Woods lowered their price objective on Marsh & McLennan Companies from $214.00 to $210.00 and set an “underperform” rating on the stock in a research report on Monday, February 3rd. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $230.44.

Marsh & McLennan Companies Trading Up 0.9 %

Shares of MMC stock opened at $231.06 on Friday. Marsh & McLennan Companies, Inc. has a 52-week low of $195.99 and a 52-week high of $235.50. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.14 and a current ratio of 1.13. The firm has a market capitalization of $113.48 billion, a PE ratio of 28.21, a PEG ratio of 2.35 and a beta of 0.96. The stock has a fifty day simple moving average of $216.66 and a two-hundred day simple moving average of $221.83.

Marsh & McLennan Companies (NYSE:MMC) last issued its quarterly earnings results on Thursday, January 30th. The financial services provider reported $1.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.75 by $0.12. Marsh & McLennan Companies had a return on equity of 32.60% and a net margin of 16.60%. On average, analysts predict that Marsh & McLennan Companies, Inc. will post 9.54 EPS for the current fiscal year.

Marsh & McLennan Companies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 14th. Shareholders of record on Thursday, January 30th will be paid a $0.815 dividend. The ex-dividend date of this dividend is Thursday, January 30th. This represents a $3.26 dividend on an annualized basis and a yield of 1.41%. Marsh & McLennan Companies’s payout ratio is presently 39.80%.

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.