Bbva Compass Bancshares Inc. increased its position in Marsh & McLennan Cos. (NYSE:MMC) by 8.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 61,860 shares of the company’s stock after buying an additional 5,076 shares during the period. Bbva Compass Bancshares Inc.’s holdings in Marsh & McLennan Cos. were worth $4,160,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. Ironwood Investment Counsel LLC raised its position in Marsh & McLennan Cos. by 5.4% in the third quarter. Ironwood Investment Counsel LLC now owns 5,059 shares of the company’s stock worth $340,000 after buying an additional 259 shares during the period. Bahl & Gaynor Inc. raised its position in Marsh & McLennan Cos. by 1.1% in the third quarter. Bahl & Gaynor Inc. now owns 440,826 shares of the company’s stock worth $29,645,000 after buying an additional 4,606 shares during the period. Blue Rock Advisors LLC bought a new position in Marsh & McLennan Cos. during the third quarter worth approximately $534,000. Robeco Institutional Asset Management B.V. raised its position in Marsh & McLennan Cos. by 23.3% in the third quarter. Robeco Institutional Asset Management B.V. now owns 847,276 shares of the company’s stock worth $56,974,000 after buying an additional 160,007 shares during the period. Finally, Sigma Planning Corp bought a new position in Marsh & McLennan Cos. during the third quarter worth approximately $323,000. Hedge funds and other institutional investors own 83.93% of the company’s stock.

Institutional Ownership by Quarter for Marsh & McLennan Cos. (NYSE:MMC)

Shares of Marsh & McLennan Cos. (NYSE:MMC) traded up 0.48% on Wednesday, reaching $69.31. The company’s stock had a trading volume of 2,927,113 shares. Marsh & McLennan Cos. has a 12 month low of $50.81 and a 12 month high of $69.77. The firm has a market cap of $35.74 billion, a price-to-earnings ratio of 21.32 and a beta of 0.85. The stock has a 50 day moving average of $66.12 and a 200-day moving average of $66.46.

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

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

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Several equities analysts have recently issued reports on the company. BMO Capital Markets reiterated a “market perform” rating and issued a $74.00 price target (up previously from $73.00) on shares of Marsh & McLennan Cos. in a research note on Wednesday, August 3rd. Barclays PLC reiterated a “buy” rating and issued a $77.00 price target on shares of Marsh & McLennan Cos. in a research note on Friday, September 30th. Jefferies Group reiterated a “hold” rating and issued a $68.00 price target (down previously from $69.00) on shares of Marsh & McLennan Cos. in a research note on Friday, October 28th. Zacks Investment Research upgraded Marsh & McLennan Cos. from a “sell” rating to a “hold” rating in a research note on Thursday, October 27th. Finally, Credit Suisse Group AG set a $55.00 price target on Marsh & McLennan Cos. and gave the company a “hold” rating in a research note on Monday, September 12th. Four research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $69.25.

In other news, Chairman Peter Zaffino sold 21,087 shares of the company’s stock in a transaction on Thursday, October 27th. The shares were sold at an average price of $63.16, for a total value of $1,331,854.92. Following the transaction, the chairman now owns 150,736 shares of the company’s stock, valued at $9,520,485.76. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, SVP Robert J. Rapport sold 10,000 shares of the company’s stock in a transaction on Monday, November 21st. The stock was sold at an average price of $69.00, for a total transaction of $690,000.00. The disclosure for this sale can be found here. 1.51% of the stock is currently owned by insiders.

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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