WINTON GROUP Ltd Purchases New Position in Marsh & McLennan Companies, Inc. $MRSH

WINTON GROUP Ltd purchased a new stake in Marsh & McLennan Companies, Inc. (NYSE:MRSH) in the 4th quarter, HoldingsChannel reports. The fund purchased 37,235 shares of the financial services provider’s stock, valued at approximately $6,908,000.

Other large investors have also recently added to or reduced their stakes in the company. Headlands Technologies LLC acquired a new stake in Marsh & McLennan Companies in the 2nd quarter valued at $29,000. KERR FINANCIAL PLANNING Corp acquired a new stake in Marsh & McLennan Companies in the 4th quarter valued at $27,000. Financial Life Planners acquired a new stake in Marsh & McLennan Companies in the 3rd quarter valued at $32,000. City Holding Co. purchased a new position in Marsh & McLennan Companies in the 4th quarter valued at about $29,000. Finally, JPL Wealth Management LLC acquired a new stake in shares of Marsh & McLennan Companies during the third quarter valued at about $35,000. 87.99% of the stock is currently owned by institutional investors and hedge funds.

Marsh & McLennan Companies Stock Up 2.5%

Shares of MRSH stock opened at $165.37 on Friday. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 1.28. Marsh & McLennan Companies, Inc. has a one year low of $156.60 and a one year high of $231.36. The stock has a market cap of $79.89 billion, a PE ratio of 20.67, a P/E/G ratio of 2.35 and a beta of 0.62.

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

Insider Activity at Marsh & McLennan Companies

In other news, CEO John Q. Doyle sold 16,656 shares of the stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $161.71, for a total transaction of $2,693,441.76. Following the transaction, the chief executive officer owned 116,811 shares of the company’s stock, valued at approximately $18,889,506.81. This trade represents a 12.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.38% of the company’s stock.

Analyst Ratings Changes

MRSH has been the subject of several recent analyst reports. Wells Fargo & Company lowered their target price on Marsh & McLennan Companies from $203.00 to $178.00 and set an “equal weight” rating for the company in a research note on Thursday, April 9th. Keefe, Bruyette & Woods raised their target price on Marsh & McLennan Companies from $200.00 to $203.00 and gave the company a “market perform” rating in a research note on Friday, April 17th. Citigroup upgraded Marsh & McLennan Companies from a “neutral” rating to a “buy” rating and set a $200.00 target price for the company in a research note on Wednesday, May 6th. Barclays lowered their target price on Marsh & McLennan Companies from $209.00 to $206.00 and set an “overweight” rating for the company in a research note on Wednesday, April 8th. Finally, Mizuho lowered their target price on Marsh & McLennan Companies from $199.00 to $193.00 and set a “neutral” rating for the company in a research note on Monday, April 13th. One research 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 given a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $203.56.

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.