Geneva Advisors LLC boosted its position in Marsh & McLennan Companies, Inc. (NYSE:MMC) by 20.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 51,585 shares of the financial services provider’s stock after buying an additional 8,930 shares during the period. Geneva Advisors LLC’s holdings in Marsh & McLennan Companies were worth $4,022,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Carroll Financial Associates Inc. increased its stake in Marsh & McLennan Companies by 21.8% in the second quarter. Carroll Financial Associates Inc. now owns 1,301 shares of the financial services provider’s stock worth $101,000 after buying an additional 233 shares during the period. Tompkins Financial Corp increased its stake in Marsh & McLennan Companies by 10.9% in the second quarter. Tompkins Financial Corp now owns 1,370 shares of the financial services provider’s stock worth $107,000 after buying an additional 135 shares during the period. Grove Bank & Trust increased its stake in Marsh & McLennan Companies by 5.6% in the second quarter. Grove Bank & Trust now owns 1,603 shares of the financial services provider’s stock worth $125,000 after buying an additional 85 shares during the period. CWM LLC increased its stake in Marsh & McLennan Companies by 0.7% in the second quarter. CWM LLC now owns 1,774 shares of the financial services provider’s stock worth $138,000 after buying an additional 13 shares during the period. Finally, Orrstown Financial Services Inc. increased its stake in Marsh & McLennan Companies by 11.3% in the second quarter. Orrstown Financial Services Inc. now owns 1,797 shares of the financial services provider’s stock worth $140,000 after buying an additional 182 shares during the period. 85.53% of the stock is owned by institutional investors.

Shares of Marsh & McLennan Companies, Inc. (MMC) opened at 76.88 on Friday. The firm has a market cap of $39.40 billion, a price-to-earnings ratio of 21.24 and a beta of 0.98. Marsh & McLennan Companies, Inc. has a one year low of $62.33 and a one year high of $81.00. The stock’s 50 day moving average price is $78.30 and its 200 day moving average price is $75.67.

Marsh & McLennan Companies (NYSE:MMC) last issued its quarterly earnings data on Thursday, July 27th. The financial services provider reported $1.00 EPS for the quarter, hitting analysts’ consensus estimates of $1.00. Marsh & McLennan Companies had a net margin of 13.97% and a return on equity of 28.56%. The business had revenue of $3.50 billion during the quarter, compared to analysts’ expectations of $3.55 billion. During the same period last year, the company posted $0.91 EPS. The business’s revenue was up 3.5% on a year-over-year basis. On average, equities analysts anticipate that Marsh & McLennan Companies, Inc. will post $3.81 earnings per share for the current fiscal year.

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A number of research analysts have recently commented on the company. Wells Fargo & Company reissued a “buy” rating on shares of Marsh & McLennan Companies in a report on Wednesday, August 9th. Keefe, Bruyette & Woods reissued a “buy” rating and set a $83.00 price objective on shares of Marsh & McLennan Companies in a report on Friday, August 18th. Zacks Investment Research raised Marsh & McLennan Companies from a “sell” rating to a “hold” rating in a report on Monday, July 31st. BidaskClub lowered Marsh & McLennan Companies from a “buy” rating to a “hold” rating in a report on Monday, July 31st. Finally, Royal Bank Of Canada reissued a “buy” rating and set a $85.00 price objective on shares of Marsh & McLennan Companies in a report on Friday, July 28th. Five investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $81.56.

In other Marsh & McLennan Companies news, SVP E Scott Gilbert sold 30,000 shares of Marsh & McLennan Companies stock in a transaction on Monday, August 21st. The shares were sold at an average price of $77.31, for a total value of $2,319,300.00. Following the completion of the transaction, the senior vice president now directly owns 68,427 shares of the company’s stock, valued at approximately $5,290,091.37. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.46% of the company’s stock.

About Marsh & McLennan Companies

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 risk advisors and specialty consultants, including Marsh, the insurance broker; Guy Carpenter, the risk and reinsurance specialist; Mercer, the provider of human resource and investment related financial advice and services, and Oliver Wyman Group, the management and economic consultancy.

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

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