US Bancorp DE Has $26.50 Million Holdings in Marsh & McLennan Companies, Inc. $MRSH

US Bancorp DE cut its holdings in shares of Marsh & McLennan Companies, Inc. (NYSE:MRSH) by 3.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 142,856 shares of the financial services provider’s stock after selling 5,518 shares during the quarter. US Bancorp DE’s holdings in Marsh & McLennan Companies were worth $26,503,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Pinnacle Bancorp Inc. bought a new stake in shares of Marsh & McLennan Companies during the third quarter valued at approximately $25,000. Headlands Technologies LLC bought a new stake in shares of Marsh & McLennan Companies during the second quarter valued at approximately $29,000. City Holding Co. bought a new stake in shares of Marsh & McLennan Companies during the fourth quarter valued at approximately $29,000. KERR FINANCIAL PLANNING Corp bought a new stake in shares of Marsh & McLennan Companies during the third quarter valued at approximately $30,000. Finally, TruNorth Capital Management LLC bought a new stake in shares of Marsh & McLennan Companies during the third quarter valued at approximately $32,000. 87.99% of the stock is currently owned by institutional investors and hedge funds.

Marsh & McLennan Companies Price Performance

Shares of NYSE:MRSH opened at $166.38 on Friday. The company has a fifty day moving average of $173.42. Marsh & McLennan Companies, Inc. has a fifty-two week low of $164.89 and a fifty-two week high of $235.78. The company has a market capitalization of $80.16 billion, a PE ratio of 20.80, a price-to-earnings-growth ratio of 2.45 and a beta of 0.65. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 1.28.

Marsh & McLennan Companies (NYSE:MRSH) last announced its quarterly earnings results on Thursday, April 16th. The financial services provider reported $3.29 earnings per share for the quarter, beating analysts’ consensus estimates of $3.21 by $0.08. The firm had revenue of $7.30 billion for the quarter. Marsh & McLennan Companies had a return on equity of 31.87% and a net margin of 14.26%.The company’s revenue for the quarter was up 7.6% compared to the same quarter last year. Research analysts expect that Marsh & McLennan Companies, Inc. will post 10.36 EPS for the current fiscal year.

Marsh & McLennan Companies Announces Dividend

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

Analyst Ratings Changes

MRSH has been the topic of a number of research reports. Keefe, Bruyette & Woods boosted their price objective on Marsh & McLennan Companies from $200.00 to $203.00 and gave the company a “market perform” rating in a research report on Friday, April 17th. Royal Bank Of Canada restated a “sector perform” rating and set a $200.00 price objective on shares of Marsh & McLennan Companies in a research report on Friday, January 30th. Evercore lowered their price objective on Marsh & McLennan Companies from $237.00 to $236.00 and set an “outperform” rating on the stock in a research report on Wednesday, January 7th. Raymond James Financial upgraded Marsh & McLennan Companies from an “outperform” rating to a “strong-buy” rating and set a $225.00 price target on the stock in a research report on Tuesday, February 17th. Finally, JPMorgan Chase & Co. lowered their price target on Marsh & McLennan Companies from $226.00 to $206.00 and set an “overweight” rating on the stock in a research report on Thursday, April 9th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Marsh & McLennan Companies presently has a consensus rating of “Hold” and an average price target of $205.33.

Insider Buying and Selling

In other Marsh & McLennan Companies news, CEO John Q. Doyle sold 16,655 shares of the business’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $183.30, for a total value of $3,052,861.50. Following the transaction, the chief executive officer owned 116,811 shares of the company’s stock, valued at approximately $21,411,456.30. The trade was a 12.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.38% of the company’s stock.

Marsh & McLennan Companies Company 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.