Bryn Mawr Capital Management LLC Sells 6,052 Shares of Marsh & McLennan Companies, Inc. (NYSE:MMC)

Bryn Mawr Capital Management LLC lessened its stake in Marsh & McLennan Companies, Inc. (NYSE:MMC) by 83.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,168 shares of the financial services provider’s stock after selling 6,052 shares during the period. Bryn Mawr Capital Management LLC’s holdings in Marsh & McLennan Companies were worth $248,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of MMC. AMF Tjanstepension AB boosted its holdings in Marsh & McLennan Companies by 16.8% during the 3rd quarter. AMF Tjanstepension AB now owns 132,205 shares of the financial services provider’s stock valued at $29,507,000 after acquiring an additional 19,024 shares during the period. Foundations Investment Advisors LLC boosted its holdings in Marsh & McLennan Companies by 10.3% during the 3rd quarter. Foundations Investment Advisors LLC now owns 3,156 shares of the financial services provider’s stock valued at $704,000 after acquiring an additional 296 shares during the period. Lecap Asset Management Ltd. purchased a new stake in Marsh & McLennan Companies during the 3rd quarter valued at about $520,000. McAdam LLC boosted its holdings in Marsh & McLennan Companies by 2.5% during the 3rd quarter. McAdam LLC now owns 3,774 shares of the financial services provider’s stock valued at $842,000 after acquiring an additional 91 shares during the period. Finally, International Assets Investment Management LLC boosted its holdings in Marsh & McLennan Companies by 31,846.5% during the 3rd quarter. International Assets Investment Management LLC now owns 427,764 shares of the financial services provider’s stock valued at $95,430,000 after acquiring an additional 426,425 shares during the period. 87.99% of the stock is currently owned by hedge funds and other institutional investors.

Marsh & McLennan Companies Stock Down 0.2 %

MMC stock opened at $230.05 on Friday. Marsh & McLennan Companies, Inc. has a twelve month low of $196.17 and a twelve month high of $235.50. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 1.44. The firm has a market cap of $112.98 billion, a PE ratio of 28.09, a price-to-earnings-growth ratio of 2.63 and a beta of 0.96. The business has a 50 day moving average of $218.22 and a 200 day moving average of $222.25.

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

Marsh & McLennan Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 14th. Investors of record on Thursday, January 30th were given a dividend of $0.815 per share. This represents a $3.26 dividend on an annualized basis and a yield of 1.42%. The ex-dividend date of this dividend was Thursday, January 30th. Marsh & McLennan Companies’s dividend payout ratio (DPR) is presently 39.80%.

Analyst Upgrades and Downgrades

A number of research analysts have commented on MMC shares. Barclays upped their price target on Marsh & McLennan Companies from $236.00 to $246.00 and gave the company an “equal weight” rating in a research report on Thursday, November 21st. Royal Bank of Canada raised Marsh & McLennan Companies from a “sector perform” rating to an “outperform” rating and upped their price target for the company from $242.00 to $250.00 in a research report on Thursday, December 12th. Wells Fargo & Company upped their price target on Marsh & McLennan Companies from $212.00 to $223.00 and gave the company an “equal weight” rating in a research report on Friday, January 31st. Evercore ISI reaffirmed an “outperform” rating and set a $242.00 price target on shares of Marsh & McLennan Companies in a research report on Monday, November 25th. Finally, Raymond James reaffirmed an “outperform” rating and set a $250.00 price target (up previously from $240.00) on shares of Marsh & McLennan Companies in a research report on Thursday, February 6th. Two analysts have rated the stock with a sell rating, ten have issued a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, Marsh & McLennan Companies currently has a consensus rating of “Hold” and a consensus target price 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.