Shares of Marsh & McLennan Cos. (NYSE:MMC) have been given a consensus recommendation of “Buy” by the ten research firms that are covering the stock. Four research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $67.78.

A number of analysts have recently weighed in on the stock. Zacks Investment Research downgraded shares of Marsh & McLennan Cos. from a “buy” rating to a “hold” rating in a research report on Tuesday. Barclays PLC restated a “buy” rating and set a $77.00 price objective on shares of Marsh & McLennan Cos. in a research note on Friday, September 30th. Credit Suisse Group AG set a $55.00 price objective on Marsh & McLennan Cos. and gave the stock a “hold” rating in a research note on Monday, September 12th. BMO Capital Markets restated a “market perform” rating and set a $74.00 price objective (up from $73.00) on shares of Marsh & McLennan Cos. in a research note on Wednesday, August 3rd. Finally, Keefe, Bruyette & Woods raised their price objective on Marsh & McLennan Cos. from $69.00 to $71.00 and gave the stock an “outperform” rating in a research note on Friday, July 29th.

In other news, Chairman Alexander S. Moczarski sold 22,230 shares of Marsh & McLennan Cos. stock in a transaction on Monday, August 15th. The stock was sold at an average price of $67.41, for a total value of $1,498,524.30. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.51% of the stock is owned by insiders.

Institutional investors have recently modified their holdings of the stock. First American Bank raised its position in shares of Marsh & McLennan Cos. by 33.8% in the third quarter. First American Bank now owns 15,289 shares of the company’s stock valued at $1,028,000 after buying an additional 3,861 shares during the last quarter. Independent Portfolio Consultants Inc. acquired a new position in shares of Marsh & McLennan Cos. during the third quarter valued at about $581,000. Washington Trust Bank raised its position in shares of Marsh & McLennan Cos. by 0.6% in the third quarter. Washington Trust Bank now owns 1,695 shares of the company’s stock valued at $114,000 after buying an additional 10 shares during the last quarter. Evercore Wealth Management LLC raised its position in shares of Marsh & McLennan Cos. by 9.7% in the second quarter. Evercore Wealth Management LLC now owns 7,750 shares of the company’s stock valued at $530,000 after buying an additional 687 shares during the last quarter. Finally, Kentucky Retirement Systems Insurance Trust Fund acquired a new position in shares of Marsh & McLennan Cos. during the second quarter valued at about $1,441,000. Institutional investors own 85.97% of the company’s stock.

Shares of Marsh & McLennan Cos. (NYSE:MMC) traded up 0.11% during trading on Friday, reaching $66.46. 917,407 shares of the company’s stock traded hands. Marsh & McLennan Cos. has a 1-year low of $50.81 and a 1-year high of $68.69. The company has a market capitalization of $34.44 billion, a price-to-earnings ratio of 21.23 and a beta of 0.93. The company has a 50 day moving average of $67.12 and a 200-day moving average of $65.30.

Marsh & McLennan Cos. (NYSE:MMC) last released its quarterly earnings results on Thursday, July 28th. The company reported $0.91 earnings per share for the quarter, topping analysts’ consensus estimates of $0.90 by $0.01. Marsh & McLennan Cos. had a net margin of 12.54% and a return on equity of 25.30%. The business earned $3.40 billion during the quarter, compared to the consensus estimate of $3.38 billion. During the same quarter last year, the company earned $0.80 earnings per share. The business’s quarterly revenue was up 4.7% compared to the same quarter last year. Equities analysts predict that Marsh & McLennan Cos. will post $3.38 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, November 15th. Stockholders of record on Tuesday, October 11th will be paid a $0.34 dividend. The ex-dividend date of this dividend is Thursday, October 6th. This represents a $1.36 annualized dividend and a dividend yield of 2.05%. Marsh & McLennan Cos.’s payout ratio is 43.45%.

Marsh & McLennan Cos. Company Profile

Marsh & McLennan Companies, Inc is a professional services firm offering clients advice and solutions in risk, strategy and people. The Company is the parent company of various specialty consultants, including Marsh, an insurance broker, intermediary and risk advisor; Guy Carpenter, a risk and reinsurance specialist; Mercer, a provider of human resource (HR) and related financial advice and services, and Oliver Wyman Group, a management, economic and brand consultancy.

5 Day Chart for NYSE:MMC

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