5,221 Shares in Marsh & McLennan Companies, Inc. (MMC) Acquired by Actinver Wealth Management Inc.

Actinver Wealth Management Inc. bought a new position in shares of Marsh & McLennan Companies, Inc. (NYSE:MMC) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 5,221 shares of the financial services provider’s stock, valued at approximately $407,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. BlackRock Inc. grew its position in shares of Marsh & McLennan Companies by 7.0% in the fourth quarter. BlackRock Inc. now owns 42,432,232 shares of the financial services provider’s stock valued at $3,383,971,000 after purchasing an additional 2,758,761 shares during the last quarter. Vanguard Group Inc. grew its position in shares of Marsh & McLennan Companies by 0.6% in the third quarter. Vanguard Group Inc. now owns 36,874,092 shares of the financial services provider’s stock valued at $3,050,224,000 after purchasing an additional 218,725 shares during the last quarter. Vanguard Group Inc grew its position in shares of Marsh & McLennan Companies by 0.6% in the third quarter. Vanguard Group Inc now owns 36,874,092 shares of the financial services provider’s stock valued at $3,050,224,000 after purchasing an additional 218,725 shares during the last quarter. Capital International Investors grew its position in shares of Marsh & McLennan Companies by 54.5% in the third quarter. Capital International Investors now owns 19,177,774 shares of the financial services provider’s stock valued at $1,586,385,000 after purchasing an additional 6,762,637 shares during the last quarter. Finally, Oregon Public Employees Retirement Fund grew its position in shares of Marsh & McLennan Companies by 7,364.1% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 9,053,539 shares of the financial services provider’s stock valued at $114,000 after purchasing an additional 8,932,244 shares during the last quarter. Institutional investors own 87.05% of the company’s stock.

NYSE MMC traded down $0.69 during mid-day trading on Friday, reaching $93.72. 2,286,743 shares of the stock were exchanged, compared to its average volume of 1,416,456. Marsh & McLennan Companies, Inc. has a 1-year low of $74.30 and a 1-year high of $95.82. The firm has a market cap of $47.34 billion, a P/E ratio of 21.54, a price-to-earnings-growth ratio of 1.71 and a beta of 0.88. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.21 and a current ratio of 1.21.

Marsh & McLennan Companies (NYSE:MMC) last announced its earnings results on Thursday, January 31st. The financial services provider reported $1.09 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.03 by $0.06. Marsh & McLennan Companies had a net margin of 11.04% and a return on equity of 28.76%. The firm had revenue of $3.71 billion for the quarter, compared to analyst estimates of $3.72 billion. As a group, equities analysts predict that Marsh & McLennan Companies, Inc. will post 4.62 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, May 15th. Investors of record on Wednesday, April 10th will be given a dividend of $0.415 per share. The ex-dividend date is Tuesday, April 9th. This represents a $1.66 dividend on an annualized basis and a yield of 1.77%. Marsh & McLennan Companies’s dividend payout ratio (DPR) is currently 38.16%.

Several analysts have recently commented on the stock. Wells Fargo & Co reiterated a “market perform” rating and issued a $95.00 price target on shares of Marsh & McLennan Companies in a research report on Friday, April 5th. Zacks Investment Research lowered shares of Marsh & McLennan Companies from a “buy” rating to a “hold” rating in a research report on Tuesday, April 2nd. Goldman Sachs Group assumed coverage on shares of Marsh & McLennan Companies in a research report on Monday, April 8th. They issued a “neutral” rating and a $98.00 price target on the stock. Citigroup set a $99.00 price target on shares of Marsh & McLennan Companies and gave the company a “buy” rating in a research report on Saturday, February 2nd. Finally, Compass Point initiated coverage on shares of Marsh & McLennan Companies in a research report on Tuesday, January 15th. They issued a “neutral” rating and a $86.00 price target on the stock. One research analyst has rated the stock with a sell rating, nine have given a hold rating and one has assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $93.60.

In other Marsh & McLennan Companies news, insider Scott Mcdonald sold 11,245 shares of the stock in a transaction that occurred on Monday, February 4th. The shares were sold at an average price of $90.34, for a total transaction of $1,015,873.30. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CFO Mark C. Mcgivney sold 6,519 shares of the stock in a transaction that occurred on Tuesday, March 5th. The stock was sold at an average price of $92.63, for a total transaction of $603,854.97. Following the transaction, the chief financial officer now directly owns 33,678 shares in the company, valued at approximately $3,119,593.14. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 223,725 shares of company stock worth $20,508,280. 1.16% of the stock is owned by company insiders.

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About Marsh & McLennan Companies

Marsh & McLennan Companies, Inc, a professional services company, provides advice and solutions to clients in the areas of risk, strategy, and people worldwide. It operates in two segments, Risk and Insurance Services, and Consulting. The Risk and Insurance Services segment offers risk management services, such as risk advice, risk transfer, and risk control and mitigation solutions, as well as insurance, reinsurance broking, catastrophe and financial modeling, and related advisory services; and insurance program management services.

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

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