Marsh & McLennan Companies, Inc. (MMC) Shares Sold by Fuller & Thaler Asset Management Inc.

Fuller & Thaler Asset Management Inc. lowered its holdings in Marsh & McLennan Companies, Inc. (NYSE:MMC) by 29.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,900 shares of the financial services provider’s stock after selling 800 shares during the period. Fuller & Thaler Asset Management Inc.’s holdings in Marsh & McLennan Companies were worth $159,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. IFP Advisors Inc boosted its position in Marsh & McLennan Companies by 0.3% in the second quarter. IFP Advisors Inc now owns 5,578 shares of the financial services provider’s stock worth $435,000 after purchasing an additional 18 shares during the last quarter. Wetherby Asset Management Inc. lifted its position in shares of Marsh & McLennan Companies by 0.4% during the 2nd quarter. Wetherby Asset Management Inc. now owns 5,038 shares of the financial services provider’s stock valued at $393,000 after buying an additional 19 shares during the last quarter. Lourd Capital LLC lifted its position in shares of Marsh & McLennan Companies by 1.2% during the 2nd quarter. Lourd Capital LLC now owns 2,840 shares of the financial services provider’s stock valued at $221,000 after buying an additional 35 shares during the last quarter. Glenview Trust Co lifted its position in shares of Marsh & McLennan Companies by 1.4% during the 2nd quarter. Glenview Trust Co now owns 3,582 shares of the financial services provider’s stock valued at $279,000 after buying an additional 50 shares during the last quarter. Finally, TRUE Private Wealth Advisors lifted its position in shares of Marsh & McLennan Companies by 1.5% during the 2nd quarter. TRUE Private Wealth Advisors now owns 4,336 shares of the financial services provider’s stock valued at $338,000 after buying an additional 66 shares during the last quarter. 85.04% of the stock is currently owned by institutional investors and hedge funds.

Marsh & McLennan Companies, Inc. (NYSE MMC) traded down $0.31 during trading hours on Monday, hitting $82.34. The company had a trading volume of 445,400 shares, compared to its average volume of 1,770,618. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.37 and a current ratio of 1.37. Marsh & McLennan Companies, Inc. has a 12 month low of $66.75 and a 12 month high of $84.90. The company has a market cap of $42,020.00, a price-to-earnings ratio of 21.90, a price-to-earnings-growth ratio of 1.75 and a beta of 1.01.

Marsh & McLennan Companies (NYSE:MMC) last released its quarterly earnings data on Thursday, October 26th. The financial services provider reported $0.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.78 by $0.01. Marsh & McLennan Companies had a return on equity of 28.88% and a net margin of 13.86%. The company had revenue of $3.34 billion for the quarter, compared to analyst estimates of $3.31 billion. During the same period in the previous year, the company posted $0.69 EPS. The firm’s revenue for the quarter was up 6.6% compared to the same quarter last year. sell-side analysts predict that Marsh & McLennan Companies, Inc. will post 3.82 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, November 15th. Investors of record on Tuesday, October 10th were paid a dividend of $0.375 per share. The ex-dividend date was Friday, October 6th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 1.82%. Marsh & McLennan Companies’s payout ratio is 41.10%.

In related news, Director Marc D. Oken acquired 1,235 shares of the firm’s stock in a transaction that occurred on Monday, October 30th. The shares were bought at an average cost of $80.89 per share, for a total transaction of $99,899.15. Following the purchase, the director now owns 40,120 shares in the company, valued at approximately $3,245,306.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 1.46% of the company’s stock.

A number of research analysts have recently commented on the company. Zacks Investment Research raised Marsh & McLennan Companies from a “sell” rating to a “hold” rating and set a $95.00 price target on the stock in a research report on Monday, October 2nd. Wells Fargo & Company reaffirmed a “buy” rating on shares of Marsh & McLennan Companies in a research report on Wednesday, August 9th. Keefe, Bruyette & Woods reaffirmed a “buy” rating and set a $83.00 price target on shares of Marsh & McLennan Companies in a research report on Friday, August 18th. BidaskClub cut Marsh & McLennan Companies from a “buy” rating to a “hold” rating in a research report on Monday, July 31st. Finally, Jefferies Group LLC reaffirmed a “hold” rating on shares of Marsh & McLennan Companies in a research report on Sunday, October 29th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and seven have given a buy rating to the stock. Marsh & McLennan Companies currently has an average rating of “Hold” and a consensus target price of $84.39.

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Marsh & McLennan Companies Company Profile

Marsh & McLennan Companies, Inc is a professional services firm offering clients advice and solutions in risk, strategy and people. The Company is the parent company of various risk advisors and specialty consultants, including Marsh, the insurance broker; Guy Carpenter, the risk and reinsurance specialist; Mercer, the provider of human resource and investment related financial advice and services, and Oliver Wyman Group, the management and economic consultancy.

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

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