Compass Capital Corp MA ADV Acquires New Shares in Marsh & McLennan Companies, Inc. (NYSE:MMC)

Compass Capital Corp MA ADV acquired a new stake in Marsh & McLennan Companies, Inc. (NYSE:MMC) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 1,082 shares of the financial services provider’s stock, valued at approximately $230,000.

A number of other large investors have also added to or reduced their stakes in MMC. Centricity Wealth Management LLC bought a new stake in shares of Marsh & McLennan Companies in the fourth quarter worth $79,000. Suncoast Equity Management boosted its holdings in Marsh & McLennan Companies by 2.4% in the fourth quarter. Suncoast Equity Management now owns 19,221 shares of the financial services provider’s stock valued at $4,083,000 after acquiring an additional 446 shares during the last quarter. Mattern Capital Management LLC increased its position in Marsh & McLennan Companies by 14.7% during the 4th quarter. Mattern Capital Management LLC now owns 2,533 shares of the financial services provider’s stock valued at $538,000 after purchasing an additional 324 shares during the period. Parcion Private Wealth LLC lifted its position in shares of Marsh & McLennan Companies by 2.0% in the 4th quarter. Parcion Private Wealth LLC now owns 25,938 shares of the financial services provider’s stock worth $5,509,000 after purchasing an additional 521 shares during the period. Finally, Concurrent Investment Advisors LLC boosted its stake in shares of Marsh & McLennan Companies by 15.1% in the 4th quarter. Concurrent Investment Advisors LLC now owns 7,933 shares of the financial services provider’s stock valued at $1,685,000 after purchasing an additional 1,043 shares during the last quarter. Institutional investors own 87.99% of the company’s stock.

Wall Street Analysts Forecast Growth

MMC has been the subject of several recent analyst reports. Raymond James reaffirmed an “outperform” rating and set a $250.00 target price (up previously from $240.00) on shares of Marsh & McLennan Companies in a research note on Thursday, February 6th. JPMorgan Chase & Co. lifted 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 note on Friday, January 3rd. Barclays increased 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 note on Thursday, November 21st. Evercore ISI reaffirmed an “outperform” rating and issued a $242.00 price target on shares of Marsh & McLennan Companies in a research note on Monday, November 25th. Finally, Keefe, Bruyette & Woods reduced their target price on Marsh & McLennan Companies from $214.00 to $210.00 and set an “underperform” rating for the company in a research note on Monday, February 3rd. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, Marsh & McLennan Companies currently has an average rating of “Hold” and an average price target of $230.44.

Marsh & McLennan Companies Trading Down 0.2 %

NYSE MMC opened at $230.05 on Friday. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 1.44. The business has a fifty day simple moving average of $218.22 and a 200 day simple moving average of $222.25. Marsh & McLennan Companies, Inc. has a 12 month low of $196.17 and a 12 month high of $235.50. The firm has a market capitalization of $112.98 billion, a P/E ratio of 28.09, a PEG ratio of 2.63 and a beta of 0.96.

Marsh & McLennan Companies (NYSE:MMC) last announced its earnings results on Thursday, January 30th. The financial services provider reported $1.87 EPS for the quarter, beating the consensus estimate of $1.75 by $0.12. Marsh & McLennan Companies had a net margin of 16.60% and a return on equity of 32.60%. On average, analysts predict that Marsh & McLennan Companies, Inc. will post 9.61 EPS for the current fiscal year.

Marsh & McLennan Companies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 14th. Stockholders of record on Thursday, January 30th were issued a $0.815 dividend. This represents a $3.26 annualized dividend and a dividend yield of 1.42%. The ex-dividend date was Thursday, January 30th. Marsh & McLennan Companies’s dividend payout ratio is presently 39.80%.

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.