Town & Country Bank & Trust CO dba First Bankers Trust CO Invests $3.62 Million in Marsh & McLennan Companies, Inc. $MRSH

Town & Country Bank & Trust CO dba First Bankers Trust CO purchased a new stake in shares of Marsh & McLennan Companies, Inc. (NYSE:MRSH) during the 1st quarter, according to its most recent filing with the SEC. The institutional investor purchased 20,840 shares of the financial services provider’s stock, valued at approximately $3,615,000. Marsh & McLennan Companies comprises about 1.2% of Town & Country Bank & Trust CO dba First Bankers Trust CO’s investment portfolio, making the stock its 19th largest holding.

Other institutional investors have also added to or reduced their stakes in the company. Brighton Jones LLC grew its position in Marsh & McLennan Companies by 51.2% in the 4th quarter. Brighton Jones LLC now owns 8,738 shares of the financial services provider’s stock valued at $1,856,000 after acquiring an additional 2,960 shares during the last quarter. Bison Wealth LLC lifted its position in shares of Marsh & McLennan Companies by 39.6% during the fourth quarter. Bison Wealth LLC now owns 3,064 shares of the financial services provider’s stock worth $651,000 after purchasing an additional 869 shares during the last quarter. Glenview Trust co boosted its stake in shares of Marsh & McLennan Companies by 10.8% during the second quarter. Glenview Trust co now owns 3,897 shares of the financial services provider’s stock valued at $852,000 after purchasing an additional 379 shares during the period. Osterweis Capital Management Inc. increased its stake in Marsh & McLennan Companies by 18,440.0% in the 2nd quarter. Osterweis Capital Management Inc. now owns 927 shares of the financial services provider’s stock worth $203,000 after buying an additional 922 shares during the period. Finally, Diversify Advisory Services LLC bought a new stake in Marsh & McLennan Companies during the 2nd quarter valued at about $1,307,000. Institutional investors own 87.99% of the company’s stock.

Insider Transactions at Marsh & McLennan Companies

In other Marsh & McLennan Companies news, CEO John Q. Doyle sold 16,656 shares of the stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $161.71, for a total transaction of $2,693,441.76. Following the sale, 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 position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.38% of the company’s stock.

Marsh & McLennan Companies Stock Performance

NYSE:MRSH opened at $161.96 on Monday. Marsh & McLennan Companies, Inc. has a one year low of $156.60 and a one year high of $220.32. The stock has a market capitalization of $78.24 billion, a PE ratio of 20.25, a price-to-earnings-growth ratio of 2.37 and a beta of 0.62. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.11 and a quick ratio of 1.11.

Marsh & McLennan Companies (NYSE:MRSH) last released its quarterly earnings data on Thursday, April 16th. The financial services provider reported $3.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.21 by $0.08. The firm 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% compared to the same quarter last year. On average, research analysts forecast that Marsh & McLennan Companies, Inc. will post 10.38 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on MRSH shares. Bank of America dropped their target price on shares of Marsh & McLennan Companies from $181.00 to $174.00 and set an “underperform” rating on the stock in a research note on Tuesday, April 14th. Mizuho lowered their price target on Marsh & McLennan Companies from $199.00 to $193.00 and set a “neutral” rating for the company in a report on Monday, April 13th. Weiss Ratings cut Marsh & McLennan Companies from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, May 11th. Keefe, Bruyette & Woods lifted their target price on Marsh & McLennan Companies from $200.00 to $203.00 and gave the company a “market perform” rating in a research report on Friday, April 17th. Finally, 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 report on Wednesday, April 8th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Marsh & McLennan Companies currently has an average rating of “Hold” and a consensus target price of $200.19.

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.