Trivium Point Advisory LLC Has $870,000 Stock Holdings in Marsh & McLennan Companies, Inc. $MMC

Trivium Point Advisory LLC lowered its position in shares of Marsh & McLennan Companies, Inc. (NYSE:MMC) by 5.1% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,980 shares of the financial services provider’s stock after selling 213 shares during the quarter. Trivium Point Advisory LLC’s holdings in Marsh & McLennan Companies were worth $870,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Accent Capital Management LLC bought a new position in shares of Marsh & McLennan Companies in the 1st quarter valued at about $25,000. Knuff & Co LLC bought a new position in Marsh & McLennan Companies in the first quarter valued at approximately $28,000. Activest Wealth Management increased its position in shares of Marsh & McLennan Companies by 2,775.0% during the 1st quarter. Activest Wealth Management now owns 115 shares of the financial services provider’s stock worth $28,000 after purchasing an additional 111 shares during the last quarter. City Holding Co. acquired a new stake in shares of Marsh & McLennan Companies in the 1st quarter valued at approximately $37,000. Finally, Capital Analysts LLC grew its stake in shares of Marsh & McLennan Companies by 61.0% in the first quarter. Capital Analysts LLC now owns 169 shares of the financial services provider’s stock valued at $41,000 after buying an additional 64 shares in the last quarter. Institutional investors own 87.99% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. Cantor Fitzgerald assumed coverage on shares of Marsh & McLennan Companies in a research note on Wednesday, August 13th. They issued an “overweight” rating and a $256.00 price target for the company. Citigroup assumed coverage on Marsh & McLennan Companies in a report on Wednesday, August 13th. They set a “neutral” rating and a $226.00 price target for the company. Wells Fargo & Company dropped their price objective on Marsh & McLennan Companies from $229.00 to $226.00 and set an “equal weight” rating on the stock in a research note on Friday, July 18th. Morgan Stanley cut their price objective on Marsh & McLennan Companies from $225.00 to $220.00 and set an “equal weight” rating for the company in a research report on Monday, August 18th. Finally, UBS Group decreased their target price on Marsh & McLennan Companies from $261.00 to $258.00 and set a “buy” rating on the stock in a report on Monday, July 21st. Six analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, Marsh & McLennan Companies has an average rating of “Hold” and an average target price of $238.76.

Marsh & McLennan Companies Stock Performance

Shares of NYSE MMC opened at $201.65 on Wednesday. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.20 and a quick ratio of 1.20. The firm has a market cap of $99.14 billion, a price-to-earnings ratio of 24.18, a P/E/G ratio of 2.52 and a beta of 0.81. The stock’s fifty day moving average price is $203.48 and its two-hundred day moving average price is $217.29. Marsh & McLennan Companies, Inc. has a one year low of $195.01 and a one year high of $248.00.

Marsh & McLennan Companies (NYSE:MMC) last announced its earnings results on Thursday, July 17th. The financial services provider reported $2.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.66 by $0.06. Marsh & McLennan Companies had a net margin of 16.00% and a return on equity of 31.90%. The company had revenue of $6.97 billion during the quarter, compared to analysts’ expectations of $6.92 billion. During the same quarter in the previous year, the business posted $2.41 earnings per share. Marsh & McLennan Companies’s quarterly revenue was up 12.1% on a year-over-year basis. On average, equities analysts forecast that Marsh & McLennan Companies, Inc. will post 9.61 EPS for the current year.

Marsh & McLennan Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 14th. Stockholders of record on Thursday, October 2nd will be given a $0.90 dividend. This represents a $3.60 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date is Thursday, October 2nd. Marsh & McLennan Companies’s payout ratio is presently 43.17%.

Insider Transactions at Marsh & McLennan Companies

In related news, CEO John Q. Doyle sold 21,079 shares of the stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $205.65, for a total transaction of $4,334,896.35. Following the sale, the chief executive officer owned 87,681 shares of the company’s stock, valued at $18,031,597.65. This represents a 19.38% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.35% of the stock is owned by corporate insiders.

Marsh & McLennan Companies Company Profile

Marsh & McLennan Cos., Inc is a professional services firm, which engages in offering clients advice and solutions in risk, strategy, and people. It operates through the Risk and Insurance Services, and Consulting segments. The Risk and Insurance Services segment is involved in risk management activities, as well as insurance and reinsurance broking and services.