Marsh & McLennan Companies, Inc. (NYSE:MMC) Shares Sold by First National Trust Co

First National Trust Co decreased its stake in shares of Marsh & McLennan Companies, Inc. (NYSE:MMC) by 0.9% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 8,120 shares of the financial services provider’s stock after selling 73 shares during the period. First National Trust Co’s holdings in Marsh & McLennan Companies were worth $1,725,000 as of its most recent filing with the SEC.

Several other large investors have also recently added to or reduced their stakes in MMC. Financial Life Planners acquired a new position in Marsh & McLennan Companies in the fourth quarter valued at approximately $33,000. Sierra Ocean LLC bought a new position in Marsh & McLennan Companies during the 4th quarter worth $36,000. Albion Financial Group UT acquired a new stake in Marsh & McLennan Companies in the fourth quarter worth $38,000. Golden State Wealth Management LLC bought a new stake in Marsh & McLennan Companies in the fourth quarter valued at $41,000. Finally, Halbert Hargrove Global Advisors LLC bought a new position in shares of Marsh & McLennan Companies during the fourth quarter worth about $45,000. 87.99% of the stock is currently owned by institutional investors.

Marsh & McLennan Companies Stock Performance

Shares of MMC stock opened at $231.71 on Friday. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.13 and a quick ratio of 1.13. The firm has a market cap of $113.80 billion, a P/E ratio of 28.29, a PEG ratio of 2.70 and a beta of 0.95. The stock’s 50-day moving average is $224.84 and its two-hundred day moving average is $223.62. Marsh & McLennan Companies, Inc. has a fifty-two week low of $196.17 and a fifty-two week high of $241.84.

Marsh & McLennan Companies (NYSE:MMC) last announced its 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%. Analysts predict that Marsh & McLennan Companies, Inc. will post 9.61 earnings per share for the current fiscal year.

Marsh & McLennan Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 15th. Stockholders of record on Thursday, April 3rd will be paid a $0.815 dividend. The ex-dividend date of this dividend is Thursday, April 3rd. This represents a $3.26 annualized dividend and a dividend yield of 1.41%. Marsh & McLennan Companies’s payout ratio is 39.80%.

Insider Activity

In other Marsh & McLennan Companies news, CEO Dean Michael Klisura sold 7,121 shares of Marsh & McLennan Companies stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $234.97, for a total transaction of $1,673,221.37. Following the sale, the chief executive officer now directly owns 20,935 shares of the company’s stock, valued at approximately $4,919,096.95. The trade was a 25.38 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Nicholas Mark Studer sold 49,390 shares of the company’s stock in a transaction dated Wednesday, March 12th. The stock was sold at an average price of $230.16, for a total transaction of $11,367,602.40. Following the completion of the sale, the chief executive officer now directly owns 28,329 shares in the company, valued at approximately $6,520,202.64. The trade was a 63.55 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 57,828 shares of company stock valued at $13,350,279. Insiders own 0.30% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have issued reports on MMC. Royal Bank of Canada upgraded shares of Marsh & McLennan Companies from a “sector perform” rating to an “outperform” rating and raised their price objective for the company from $242.00 to $250.00 in a research note on Thursday, December 12th. Wells Fargo & Company upped their price objective on Marsh & McLennan Companies from $212.00 to $223.00 and gave the company an “equal weight” rating in a report on Friday, January 31st. Evercore ISI reaffirmed an “outperform” rating and set a $242.00 target price on shares of Marsh & McLennan Companies in a report on Monday, November 25th. Keefe, Bruyette & Woods cut their price target on shares of Marsh & McLennan Companies from $214.00 to $210.00 and set an “underperform” rating for the company in a report on Monday, February 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 report on Thursday, November 21st. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, Marsh & McLennan Companies currently has a consensus rating of “Hold” and a consensus price target of $230.44.

Marsh & McLennan Companies 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.