Marsh & McLennan Companies, Inc. $MRSH Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC lessened its holdings in shares of Marsh & McLennan Companies, Inc. (NYSE:MRSH) by 6.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 59,779 shares of the financial services provider’s stock after selling 3,909 shares during the period. Yousif Capital Management LLC’s holdings in Marsh & McLennan Companies were worth $10,820,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Pinnacle Bancorp Inc. purchased a new stake in Marsh & McLennan Companies during the third quarter worth $25,000. Headlands Technologies LLC purchased a new stake in Marsh & McLennan Companies during the second quarter worth $29,000. Delos Wealth Advisors LLC purchased a new stake in Marsh & McLennan Companies during the second quarter worth $32,000. KERR FINANCIAL PLANNING Corp purchased a new stake in Marsh & McLennan Companies during the third quarter worth $30,000. Finally, Financial Life Planners purchased a new stake in Marsh & McLennan Companies during the third quarter worth $32,000. 87.99% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts have commented on the company. Royal Bank Of Canada reiterated a “sector perform” rating and set a $200.00 target price on shares of Marsh & McLennan Companies in a research report on Friday, January 30th. JPMorgan Chase & Co. dropped their price objective on Marsh & McLennan Companies from $242.00 to $226.00 and set an “overweight” rating for the company in a research report on Wednesday, January 7th. Citigroup upped their target price on shares of Marsh & McLennan Companies from $201.00 to $205.00 and gave the company a “neutral” rating in a report on Tuesday, February 3rd. Barclays reduced their target price on shares of Marsh & McLennan Companies from $209.00 to $206.00 and set an “overweight” rating on the stock in a report on Wednesday. Finally, Evercore reduced their target price on shares of Marsh & McLennan Companies from $237.00 to $236.00 and set an “outperform” rating on the stock in a report on Wednesday, January 7th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $211.19.

Marsh & McLennan Companies Trading Up 0.4%

NYSE MRSH opened at $175.55 on Thursday. The stock’s 50-day simple moving average is $174.39. Marsh & McLennan Companies, Inc. has a twelve month low of $164.89 and a twelve month high of $239.34. The stock has a market capitalization of $84.99 billion, a P/E ratio of 20.82, a PEG ratio of 2.38 and a beta of 0.75. The company has a debt-to-equity ratio of 1.20, a current ratio of 1.10 and a quick ratio of 1.10.

Marsh & McLennan Companies (NYSE:MRSH) last released its earnings results on Thursday, January 29th. The financial services provider reported $2.12 earnings per share for the quarter, topping the consensus estimate of $1.97 by $0.15. Marsh & McLennan Companies had a return on equity of 31.60% and a net margin of 15.42%.The firm had revenue of $6.60 billion for the quarter, compared to the consensus estimate of $6.52 billion. During the same period in the prior year, the business posted $1.87 earnings per share. The firm’s revenue for the quarter was up 8.7% compared to the same quarter last year. Equities analysts predict that Marsh & McLennan Companies, Inc. will post 9.61 EPS for the current year.

Marsh & McLennan Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 15th. Investors of record on Thursday, April 9th will be given a dividend of $0.90 per share. The ex-dividend date is Thursday, April 9th. This represents a $3.60 annualized dividend and a yield of 2.1%. Marsh & McLennan Companies’s dividend payout ratio is 42.70%.

Insiders Place Their Bets

In related news, CEO John Q. Doyle sold 16,655 shares of the stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $183.30, for a total transaction of $3,052,861.50. Following the transaction, the chief executive officer directly owned 116,811 shares in the company, valued at approximately $21,411,456.30. This represents a 12.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Company insiders own 0.35% of the company’s stock.

Marsh & McLennan Companies Company Profile

Marsh & McLennan Companies (NYSE: MMC) is a global professional services firm headquartered in New York City that provides advice and solutions in the areas of risk, strategy and people. Founded in 1905, the company has grown into a diversified group of businesses focused on insurance brokerage and risk management, reinsurance, human capital and investment consulting, and management consulting. Its long history and scale position it as a prominent adviser to corporations, governments and other institutions seeking to manage risk and optimize human and financial capital.

The firm operates through several well-known subsidiaries and business units that specialize in distinct services.