Mn Services Vermogensbeheer B.V. Increases Holdings in Marsh & McLennan Companies, Inc. (NYSE:MMC)

Mn Services Vermogensbeheer B.V. grew its holdings in shares of Marsh & McLennan Companies, Inc. (NYSE:MMC) by 1.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 194,788 shares of the financial services provider’s stock after acquiring an additional 3,700 shares during the quarter. Mn Services Vermogensbeheer B.V.’s holdings in Marsh & McLennan Companies were worth $41,375,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the business. Fortitude Family Office LLC raised its stake in shares of Marsh & McLennan Companies by 18.8% in the third quarter. Fortitude Family Office LLC now owns 285 shares of the financial services provider’s stock worth $64,000 after purchasing an additional 45 shares during the last quarter. Geneos Wealth Management Inc. lifted its stake in shares of Marsh & McLennan Companies by 3.7% in the 4th quarter. Geneos Wealth Management Inc. now owns 1,324 shares of the financial services provider’s stock valued at $281,000 after purchasing an additional 47 shares during the last quarter. Hemington Wealth Management raised its holdings in shares of Marsh & McLennan Companies by 6.7% in the fourth quarter. Hemington Wealth Management now owns 768 shares of the financial services provider’s stock worth $163,000 after buying an additional 48 shares during the period. New England Professional Planning Group Inc. increased its holdings in Marsh & McLennan Companies by 4.1% during the 4th quarter. New England Professional Planning Group Inc. now owns 1,261 shares of the financial services provider’s stock worth $268,000 after purchasing an additional 50 shares during the period. Finally, TFB Advisors LLC boosted its position in Marsh & McLennan Companies by 2.0% during the 4th quarter. TFB Advisors LLC now owns 2,576 shares of the financial services provider’s stock valued at $547,000 after acquiring an additional 51 shares in the last quarter. Institutional investors own 87.99% of the company’s stock.

Marsh & McLennan Companies Stock Performance

Shares of MMC stock opened at $231.49 on Thursday. The stock’s 50-day moving average is $219.46 and its two-hundred day moving average is $222.57. The firm has a market cap of $113.69 billion, a price-to-earnings ratio of 28.26, a PEG ratio of 2.70 and a beta of 0.96. Marsh & McLennan Companies, Inc. has a 1 year low of $196.17 and a 1 year high of $235.50. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.13 and a current ratio of 1.13.

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

Marsh & McLennan Companies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 14th. Investors of record on Thursday, January 30th were issued a dividend of $0.815 per share. This represents a $3.26 dividend on an annualized basis and a dividend yield of 1.41%. The ex-dividend date of this dividend was Thursday, January 30th. Marsh & McLennan Companies’s dividend payout ratio is currently 39.80%.

Analysts Set New Price Targets

MMC has been the topic of several research analyst reports. Royal Bank of Canada upgraded Marsh & McLennan Companies from a “sector perform” rating to an “outperform” rating and boosted their price target for the company from $242.00 to $250.00 in a research note on Thursday, December 12th. Keefe, Bruyette & Woods reduced their price objective on Marsh & McLennan Companies from $214.00 to $210.00 and set an “underperform” rating on the stock in a research note on Monday, February 3rd. Wells Fargo & Company increased their price objective on Marsh & McLennan Companies from $212.00 to $223.00 and gave the company an “equal weight” rating in a research note on Friday, January 31st. Raymond James reiterated an “outperform” rating and issued a $250.00 price objective (up from $240.00) on shares of Marsh & McLennan Companies in a research note on Thursday, February 6th. Finally, JPMorgan Chase & Co. increased their price objective on Marsh & McLennan Companies from $230.00 to $235.00 and gave the company a “neutral” rating in a research note on Friday, January 3rd. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, Marsh & McLennan Companies has a consensus rating of “Hold” and a consensus target price 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.