Commerzbank Aktiengesellschaft FI Purchases 6,379 Shares of Marsh & McLennan Companies, Inc. $MRSH

Commerzbank Aktiengesellschaft FI lifted its position in Marsh & McLennan Companies, Inc. (NYSE:MRSH) by 112.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 12,038 shares of the financial services provider’s stock after buying an additional 6,379 shares during the period. Commerzbank Aktiengesellschaft FI’s holdings in Marsh & McLennan Companies were worth $2,233,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Headlands Technologies LLC bought a new position in shares of Marsh & McLennan Companies in the second quarter worth approximately $29,000. KERR FINANCIAL PLANNING Corp purchased a new position in shares of Marsh & McLennan Companies during the third quarter valued at approximately $30,000. Financial Life Planners purchased a new position in shares of Marsh & McLennan Companies during the third quarter valued at approximately $32,000. City Holding Co. purchased a new position in shares of Marsh & McLennan Companies during the fourth quarter valued at approximately $29,000. Finally, JPL Wealth Management LLC purchased a new position in shares of Marsh & McLennan Companies during the third quarter valued at approximately $35,000. Institutional investors own 87.99% of the company’s stock.

Marsh & McLennan Companies Price Performance

Shares of NYSE MRSH opened at $161.07 on Friday. The stock has a fifty day moving average price of $169.60. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 1.28. The stock has a market capitalization of $77.60 billion, a PE ratio of 20.13, a PEG ratio of 2.35 and a beta of 0.65. Marsh & McLennan Companies, Inc. has a 1 year low of $158.16 and a 1 year high of $235.78.

Marsh & McLennan Companies (NYSE:MRSH) last announced its quarterly earnings data on Thursday, April 16th. The financial services provider reported $3.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.21 by $0.08. The firm had revenue of $7.30 billion during the quarter. Marsh & McLennan Companies had a net margin of 14.26% and a return on equity of 31.87%. Marsh & McLennan Companies’s revenue was up 7.6% compared to the same quarter last year. On average, research analysts expect that Marsh & McLennan Companies, Inc. will post 10.37 EPS for the current year.

Marsh & McLennan Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Thursday, April 9th were paid a $0.90 dividend. The ex-dividend date of this dividend was Thursday, April 9th. This represents a $3.60 dividend on an annualized basis and a dividend yield of 2.2%. Marsh & McLennan Companies’s dividend payout ratio is 45.00%.

Trending Headlines about Marsh & McLennan Companies

Here are the key news stories impacting Marsh & McLennan Companies this week:

• Positive Sentiment: Goldman Sachs issued a positive report on Marsh & McLennan, reinforcing constructive Wall Street sentiment toward the stock.
• Positive Sentiment: Analyst estimates and ratings data show a generally optimistic stance on MRSH, despite its underperformance over the past 52 weeks. Article Title
• Neutral Sentiment: Recent earnings were better than expected, with quarterly EPS of $3.29 beating consensus and revenue rising 7.6% year over year, which may help provide support but is not a new catalyst.
• Neutral Sentiment: The stock has underperformed the broader market over the past year, which may limit enthusiasm even as analysts stay upbeat.

Insider Activity

In other news, CEO John Q. Doyle sold 16,655 shares of the stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $183.30, for a total value of $3,052,861.50. Following the completion of the sale, the chief executive officer directly owned 116,811 shares of the company’s stock, valued at $21,411,456.30. This represents a 12.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.38% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. Mizuho decreased their price objective on shares of Marsh & McLennan Companies from $199.00 to $193.00 and set a “neutral” rating for the company in a report on Monday, April 13th. Royal Bank Of Canada reissued a “sector perform” rating and set a $200.00 price objective on shares of Marsh & McLennan Companies in a report on Friday, January 30th. Weiss Ratings cut shares of Marsh & McLennan Companies from a “hold (c)” rating to a “hold (c-)” rating in a report on Monday, May 11th. Barclays decreased their price objective on shares of Marsh & McLennan Companies from $209.00 to $206.00 and set an “overweight” rating for the company in a report on Wednesday, April 8th. Finally, Morgan Stanley decreased their price objective on shares of Marsh & McLennan Companies from $195.00 to $190.00 and set an “equal weight” rating for the company in a report on Monday, April 6th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Marsh & McLennan Companies presently has an average rating of “Hold” and an average price target of $205.00.

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.