Boston Trust Walden Corp Has $51.70 Million Position in Marsh & McLennan Companies, Inc. (NYSE:MMC)

Boston Trust Walden Corp reduced its stake in shares of Marsh & McLennan Companies, Inc. (NYSE:MMC) by 0.8% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 243,397 shares of the financial services provider’s stock after selling 1,985 shares during the period. Boston Trust Walden Corp’s holdings in Marsh & McLennan Companies were worth $51,700,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in MMC. Czech National Bank boosted its stake in Marsh & McLennan Companies by 6.7% in the 3rd quarter. Czech National Bank now owns 100,175 shares of the financial services provider’s stock worth $22,348,000 after purchasing an additional 6,282 shares during the period. Geode Capital Management LLC boosted its position in shares of Marsh & McLennan Companies by 2.2% during the third quarter. Geode Capital Management LLC now owns 11,905,431 shares of the financial services provider’s stock worth $2,648,304,000 after buying an additional 251,361 shares during the period. Citigroup Inc. grew its holdings in shares of Marsh & McLennan Companies by 4.8% during the third quarter. Citigroup Inc. now owns 508,245 shares of the financial services provider’s stock worth $113,384,000 after buying an additional 23,445 shares in the last quarter. Kinsale Capital Group Inc. lifted its stake in Marsh & McLennan Companies by 16.8% in the 3rd quarter. Kinsale Capital Group Inc. now owns 27,004 shares of the financial services provider’s stock valued at $6,024,000 after acquiring an additional 3,880 shares in the last quarter. Finally, Kovitz Investment Group Partners LLC boosted its position in Marsh & McLennan Companies by 197.5% during the 3rd quarter. Kovitz Investment Group Partners LLC now owns 11,116 shares of the financial services provider’s stock worth $2,480,000 after acquiring an additional 7,380 shares during the last quarter. Institutional investors and hedge funds own 87.99% of the company’s stock.

Marsh & McLennan Companies Stock Down 1.8 %

Shares of MMC opened at $216.90 on Monday. The company has a current ratio of 1.13, a quick ratio of 1.14 and a debt-to-equity ratio of 1.44. The stock has a market capitalization of $106.52 billion, a PE ratio of 26.48, a P/E/G ratio of 2.27 and a beta of 0.96. The firm’s 50 day moving average is $217.65 and its 200-day moving average is $221.41. Marsh & McLennan Companies, Inc. has a 12 month low of $190.41 and a 12 month high of $235.50.

Marsh & McLennan Companies (NYSE:MMC) last released its earnings results on Thursday, January 30th. The financial services provider reported $1.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.75 by $0.12. Marsh & McLennan Companies had a return on equity of 32.60% and a net margin of 16.60%. Equities research analysts forecast that Marsh & McLennan Companies, Inc. will post 9.45 EPS for the current year.

Marsh & McLennan Companies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, February 14th. Investors of record on Thursday, January 30th will be given a dividend of $0.815 per share. The ex-dividend date is Thursday, January 30th. This represents a $3.26 annualized dividend and a dividend yield of 1.50%. Marsh & McLennan Companies’s dividend payout ratio is 39.80%.

Wall Street Analyst Weigh In

MMC has been the subject of several recent research reports. Royal Bank of Canada upgraded shares of Marsh & McLennan Companies from a “sector perform” rating to an “outperform” rating and increased their target price for the stock from $242.00 to $250.00 in a report on Thursday, December 12th. JPMorgan Chase & Co. raised their price objective on Marsh & McLennan Companies from $230.00 to $235.00 and gave the company a “neutral” rating in a report on Friday, January 3rd. Barclays upped their target price on Marsh & McLennan Companies from $236.00 to $246.00 and gave the stock an “equal weight” rating in a report on Thursday, November 21st. Roth Mkm raised their price target on Marsh & McLennan Companies from $220.00 to $230.00 and gave the company a “neutral” rating in a research note on Friday, October 18th. Finally, Bank of America increased their price objective on Marsh & McLennan Companies from $248.00 to $250.00 and gave the company a “neutral” rating in a report on Thursday, October 10th. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $229.40.

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.