Natixis Advisors LLC Acquires New Shares in Marsh & McLennan Companies, Inc. $MRSH

Natixis Advisors LLC acquired a new stake in Marsh & McLennan Companies, Inc. (NYSE:MRSH) in the fourth quarter, according to its most recent filing with the SEC. The fund acquired 863,503 shares of the financial services provider’s stock, valued at approximately $160,197,000. Natixis Advisors LLC owned approximately 0.18% of Marsh & McLennan Companies at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of MRSH. Heritage Trust Co bought a new position in Marsh & McLennan Companies in the 4th quarter valued at $3,033,000. AXQ Capital LP bought a new position in Marsh & McLennan Companies in the 4th quarter valued at $2,554,000. Fielder Capital Group LLC bought a new position in Marsh & McLennan Companies in the 4th quarter valued at $385,000. Vantus Wealth LLC bought a new position in Marsh & McLennan Companies in the 4th quarter valued at $208,000. Finally, KERR FINANCIAL PLANNING Corp bought a new position in Marsh & McLennan Companies in the 4th quarter valued at $27,000. 87.99% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

MRSH has been the subject of several analyst reports. Citigroup raised shares of Marsh & McLennan Companies from a “neutral” rating to a “buy” rating and set a $200.00 price target for the company in a report on Wednesday, May 6th. Barclays cut their price target on shares of Marsh & McLennan Companies from $209.00 to $206.00 and set an “overweight” rating for the company in a report on Wednesday, April 8th. Piper Sandler cut their price target on shares of Marsh & McLennan Companies from $190.00 to $182.00 and set a “neutral” rating for the company in a report on Tuesday, May 26th. Cantor Fitzgerald raised their price target on shares of Marsh & McLennan Companies from $208.00 to $212.00 and gave the company an “overweight” rating in a report on Monday, February 2nd. Finally, Wells Fargo & Company dropped their price objective on shares of Marsh & McLennan Companies from $203.00 to $178.00 and set an “equal weight” rating for the company in a report on Thursday, April 9th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Marsh & McLennan Companies presently has an average rating of “Hold” and a consensus target price of $203.56.

Insider Buying and Selling

In related news, CEO John Q. Doyle sold 16,655 shares of Marsh & McLennan Companies stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $183.30, for a total value of $3,052,861.50. Following the transaction, the chief executive officer owned 116,811 shares in the company, valued at $21,411,456.30. This trade represents a 12.48% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.38% of the stock is currently owned by insiders.

Marsh & McLennan Companies Price Performance

Shares of NYSE:MRSH opened at $162.44 on Tuesday. The stock has a market cap of $78.47 billion, a PE ratio of 20.30, a PEG ratio of 2.33 and a beta of 0.62. The company’s fifty day moving average is $164.41 and its 200 day moving average is $171.56. Marsh & McLennan Companies, Inc. has a 52 week low of $157.74 and a 52 week high of $235.78. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 1.28.

Marsh & McLennan Companies (NYSE:MRSH) last issued its earnings results on Thursday, April 16th. The financial services provider reported $3.29 EPS for the quarter, topping analysts’ consensus estimates of $3.21 by $0.08. The company had revenue of $7.30 billion for the quarter. Marsh & McLennan Companies had a net margin of 14.26% and a return on equity of 31.87%. The company’s revenue was up 7.6% on a year-over-year basis. Research analysts anticipate that Marsh & McLennan Companies, Inc. will post 10.38 earnings per share for the current year.

Marsh & McLennan Companies 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.