Orion Portfolio Solutions LLC bought a new position in Marsh & McLennan Companies, Inc. (NYSE:MMC) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 1,053 shares of the financial services provider’s stock, valued at approximately $117,000.

Several other institutional investors have also recently added to or reduced their stakes in MMC. FMR LLC lifted its stake in Marsh & McLennan Companies by 4.7% in the fourth quarter. FMR LLC now owns 15,342,313 shares of the financial services provider’s stock valued at $1,709,286,000 after acquiring an additional 695,443 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its stake in shares of Marsh & McLennan Companies by 49.7% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 12,676,660 shares of the financial services provider’s stock worth $1,412,306,000 after buying an additional 4,206,455 shares during the last quarter. UBS Asset Management Americas Inc. lifted its stake in shares of Marsh & McLennan Companies by 6.9% in the fourth quarter. UBS Asset Management Americas Inc. now owns 6,393,873 shares of the financial services provider’s stock worth $712,341,000 after buying an additional 413,913 shares during the last quarter. Artisan Partners Limited Partnership lifted its stake in shares of Marsh & McLennan Companies by 1.7% in the fourth quarter. Artisan Partners Limited Partnership now owns 5,607,418 shares of the financial services provider’s stock worth $624,722,000 after buying an additional 92,578 shares during the last quarter. Finally, Amundi Pioneer Asset Management Inc. lifted its stake in shares of Marsh & McLennan Companies by 21.7% in the fourth quarter. Amundi Pioneer Asset Management Inc. now owns 4,667,258 shares of the financial services provider’s stock worth $519,979,000 after buying an additional 833,612 shares during the last quarter. 88.63% of the stock is currently owned by institutional investors and hedge funds.

In other news, CEO Scott Mcdonald sold 5,972 shares of the stock in a transaction that occurred on Wednesday, February 19th. The stock was sold at an average price of $119.39, for a total value of $712,997.08. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 1.16% of the company’s stock.

NYSE MMC traded down $0.07 during trading hours on Wednesday, reaching $86.86. 3,000,000 shares of the company’s stock were exchanged, compared to its average volume of 2,438,257. The company’s 50-day moving average is $105.82 and its two-hundred day moving average is $105.83. Marsh & McLennan Companies, Inc. has a one year low of $74.33 and a one year high of $119.88. The company has a debt-to-equity ratio of 1.35, a quick ratio of 1.06 and a current ratio of 1.06. The company has a market capitalization of $43.80 billion, a price-to-earnings ratio of 25.55, a price-to-earnings-growth ratio of 1.15 and a beta of 0.74.

Marsh & McLennan Companies (NYSE:MMC) last issued its quarterly earnings results on Thursday, January 30th. The financial services provider reported $1.19 earnings per share for the quarter, topping the consensus estimate of $1.18 by $0.01. The company had revenue of $4.26 billion during the quarter, compared to analysts’ expectations of $4.34 billion. Marsh & McLennan Companies had a net margin of 10.46% and a return on equity of 29.72%. The business’s quarterly revenue was up 14.9% on a year-over-year basis. During the same period last year, the business earned $1.09 EPS. Research analysts predict that Marsh & McLennan Companies, Inc. will post 5.07 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 15th. Stockholders of record on Wednesday, April 8th will be issued a $0.455 dividend. This represents a $1.82 annualized dividend and a dividend yield of 2.10%. The ex-dividend date of this dividend is Tuesday, April 7th. Marsh & McLennan Companies’s payout ratio is presently 39.06%.

A number of analysts have recently weighed in on MMC shares. Morgan Stanley boosted their price objective on shares of Marsh & McLennan Companies from $116.00 to $118.00 and gave the stock an “equal weight” rating in a research note on Friday, February 28th. UBS Group upped their target price on shares of Marsh & McLennan Companies from $104.00 to $117.00 and gave the company a “neutral” rating in a research report on Monday, February 3rd. Citigroup assumed coverage on Marsh & McLennan Companies in a research note on Tuesday, January 21st. They issued a “buy” rating and a $130.00 price target for the company. Finally, Raymond James lowered their price target on Marsh & McLennan Companies from $120.00 to $110.00 and set an “outperform” rating for the company in a research note on Monday. One investment analyst has rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $108.56.

About Marsh & McLennan Companies

Marsh & McLennan Companies, Inc, a professional services company, provides advice and solutions to clients in the areas of risk, strategy, and people worldwide. It operates in two segments, Risk and Insurance Services, and Consulting. The Risk and Insurance Services segment offers risk management services, such as risk advice, risk transfer, and risk control and mitigation solutions, as well as insurance, reinsurance broking, catastrophe and financial modeling, and related advisory services; and insurance program management services.

Featured Story: Institutional Investors

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Institutional Ownership by Quarter for Marsh & McLennan Companies (NYSE:MMC)

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