Marsh & McLennan Cos. (NYSE:MMC) SVP Robert J. Rapport sold 10,000 shares of the stock in a transaction dated Monday, November 21st. The stock was sold at an average price of $69.00, for a total transaction of $690,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Shares of Marsh & McLennan Cos. (NYSE:MMC) traded up 0.27% during midday trading on Tuesday, reaching $69.40. 1,876,559 shares of the company’s stock traded hands. The stock has a market capitalization of $35.78 billion, a P/E ratio of 21.35 and a beta of 0.85. Marsh & McLennan Cos. has a 1-year low of $50.81 and a 1-year high of $69.69. The firm’s 50-day moving average price is $65.74 and its 200 day moving average price is $66.25.

Marsh & McLennan Cos. (NYSE:MMC) last posted its earnings results on Tuesday, October 25th. The company reported $0.69 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.01. The company had revenue of $3.14 billion for the quarter, compared to analyst estimates of $3.25 billion. Marsh & McLennan Cos. had a net margin of 12.95% and a return on equity of 25.27%. Marsh & McLennan Cos.’s revenue was up .6% on a year-over-year basis. During the same period in the previous year, the business posted $0.63 EPS. On average, equities analysts predict that Marsh & McLennan Cos. will post $3.37 earnings per share for the current fiscal year.

Insider Buying and Selling by Quarter for Marsh & McLennan Cos. (NYSE:MMC)

The company also recently announced a quarterly dividend, which was paid on Tuesday, November 15th. Shareholders of record on Tuesday, October 11th were issued a $0.34 dividend. The ex-dividend date was Thursday, October 6th. This represents a $1.36 annualized dividend and a yield of 1.96%. Marsh & McLennan Cos.’s payout ratio is 41.85%.

A number of equities analysts have commented on MMC shares. Jefferies Group restated a “hold” rating and issued a $68.00 target price (down from $69.00) on shares of Marsh & McLennan Cos. in a research note on Friday, October 28th. BMO Capital Markets restated a “market perform” rating and issued a $74.00 target price (up from $73.00) on shares of Marsh & McLennan Cos. in a research note on Wednesday, August 3rd. Zacks Investment Research upgraded shares of Marsh & McLennan Cos. from a “hold” rating to a “buy” rating and set a $75.00 target price on the stock in a research note on Monday, October 3rd. Deutsche Bank AG upped their target price on shares of Marsh & McLennan Cos. from $67.00 to $71.00 and gave the stock a “buy” rating in a research note on Friday, July 29th. Finally, Sandler O’Neill upgraded shares of Marsh & McLennan Cos. from a “hold” rating to a “buy” rating in a research note on Monday, November 7th. Four research analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company’s stock. Marsh & McLennan Cos. presently has an average rating of “Buy” and an average target price of $69.25.

A number of institutional investors have recently bought and sold shares of MMC. Bank of Montreal Can bought a new stake in Marsh & McLennan Cos. during the second quarter worth about $37,874,000. BB&T Corp bought a new stake in Marsh & McLennan Cos. during the second quarter worth about $21,762,000. Artisan Partners Limited Partnership increased its stake in Marsh & McLennan Cos. by 2.0% in the second quarter. Artisan Partners Limited Partnership now owns 7,357,005 shares of the company’s stock worth $503,661,000 after buying an additional 147,217 shares during the period. Mizuho Trust & Banking Co. Ltd. increased its stake in Marsh & McLennan Cos. by 1.1% in the second quarter. Mizuho Trust & Banking Co. Ltd. now owns 827,241 shares of the company’s stock worth $56,633,000 after buying an additional 9,401 shares during the period. Finally, Nisa Investment Advisors LLC increased its stake in Marsh & McLennan Cos. by 9.9% in the second quarter. Nisa Investment Advisors LLC now owns 241,144 shares of the company’s stock worth $16,509,000 after buying an additional 21,731 shares during the period. Institutional investors own 87.80% of the company’s stock.

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About Marsh & McLennan Cos.

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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