Bryn Mawr Capital Management LLC Lowers Stake in Marsh & McLennan Companies, Inc. (NYSE:MMC)

Bryn Mawr Capital Management LLC lowered its stake in shares of Marsh & McLennan Companies, Inc. (NYSE:MMC) by 5.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 6,847 shares of the financial services provider’s stock after selling 373 shares during the quarter. Bryn Mawr Capital Management LLC’s holdings in Marsh & McLennan Companies were worth $1,454,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in MMC. Carmichael Hill & Associates Inc. raised its position in shares of Marsh & McLennan Companies by 85.7% during the 3rd quarter. Carmichael Hill & Associates Inc. now owns 130 shares of the financial services provider’s stock valued at $29,000 after buying an additional 60 shares in the last quarter. Catalyst Capital Advisors LLC bought a new position in shares of Marsh & McLennan Companies during the 3rd quarter valued at $31,000. Financial Life Planners bought a new position in shares of Marsh & McLennan Companies during the 4th quarter valued at $33,000. Sierra Ocean LLC bought a new position in shares of Marsh & McLennan Companies during the 4th quarter valued at $36,000. Finally, Albion Financial Group UT bought a new position in shares of Marsh & McLennan Companies during the 4th quarter valued at $38,000. Hedge funds and other institutional investors own 87.99% of the company’s stock.

Marsh & McLennan Companies Trading Down 1.2 %

Shares of MMC opened at $231.49 on Thursday. Marsh & McLennan Companies, Inc. has a 1-year low of $196.17 and a 1-year high of $235.50. The firm has a market capitalization of $113.69 billion, a price-to-earnings ratio of 28.26, a PEG ratio of 2.70 and a beta of 0.96. The firm’s 50-day moving average price is $219.46 and its 200-day moving average price is $222.57. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 1.44.

Marsh & McLennan Companies (NYSE:MMC) last issued its quarterly earnings results on Thursday, January 30th. The financial services provider reported $1.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.75 by $0.12. Marsh & McLennan Companies had a net margin of 16.60% and a return on equity of 32.60%. Sell-side analysts anticipate that Marsh & McLennan Companies, Inc. will post 9.61 EPS for the current year.

Marsh & McLennan Companies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Thursday, January 30th were issued a $0.815 dividend. The ex-dividend date was Thursday, January 30th. This represents a $3.26 annualized dividend and a yield of 1.41%. Marsh & McLennan Companies’s dividend payout ratio (DPR) is presently 39.80%.

Wall Street Analysts Forecast Growth

Several research firms recently commented on MMC. Royal Bank of Canada raised shares of Marsh & McLennan Companies from a “sector perform” rating to an “outperform” rating and increased their target price for the company from $242.00 to $250.00 in a report on Thursday, December 12th. Raymond James reaffirmed an “outperform” rating and set a $250.00 target price (up previously from $240.00) on shares of Marsh & McLennan Companies in a report on Thursday, February 6th. Keefe, Bruyette & Woods cut their price target on shares of Marsh & McLennan Companies from $214.00 to $210.00 and set an “underperform” rating on the stock in a report on Monday, February 3rd. Evercore ISI reissued an “outperform” rating and issued a $242.00 price target on shares of Marsh & McLennan Companies in a report on Monday, November 25th. Finally, Wells Fargo & Company raised their price target on shares of Marsh & McLennan Companies from $212.00 to $223.00 and gave the stock an “equal weight” rating in a report on Friday, January 31st. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, Marsh & McLennan Companies currently has a consensus rating of “Hold” and an average price target of $230.44.

Marsh & McLennan Companies 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.