Marsh & McLennan Companies (NYSE:MMC) Getting Somewhat Positive Press Coverage, Accern Reports

Press coverage about Marsh & McLennan Companies (NYSE:MMC) has trended somewhat positive on Friday, according to Accern. Accern rates the sentiment of news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Marsh & McLennan Companies earned a news impact score of 0.17 on Accern’s scale. Accern also assigned media stories about the financial services provider an impact score of 46.044167120987 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

These are some of the media stories that may have impacted Accern Sentiment Analysis’s analysis:

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Several brokerages recently issued reports on MMC. Royal Bank of Canada reiterated a “buy” rating and issued a $93.00 price objective on shares of Marsh & McLennan Companies in a research report on Friday, December 8th. Zacks Investment Research lowered Marsh & McLennan Companies from a “buy” rating to a “hold” rating in a research report on Wednesday. Wells Fargo reiterated a “buy” rating and issued a $91.00 price objective on shares of Marsh & McLennan Companies in a research report on Thursday, February 1st. Citigroup decreased their price objective on Marsh & McLennan Companies from $96.00 to $94.00 and set a “buy” rating for the company in a research report on Friday, February 9th. Finally, Barclays boosted their price objective on Marsh & McLennan Companies from $93.00 to $103.00 and gave the company an “overweight” rating in a research report on Tuesday, February 20th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and five have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $90.00.

NYSE:MMC opened at $82.14 on Friday. Marsh & McLennan Companies has a twelve month low of $71.79 and a twelve month high of $86.54. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.30 and a quick ratio of 1.31. The company has a market cap of $41,614.80, a price-to-earnings ratio of 20.91, a PEG ratio of 1.47 and a beta of 0.97.

Marsh & McLennan Companies (NYSE:MMC) last released its quarterly earnings results on Thursday, February 1st. The financial services provider reported $1.05 earnings per share for the quarter, topping analysts’ consensus estimates of $0.95 by $0.10. Marsh & McLennan Companies had a return on equity of 28.80% and a net margin of 10.64%. The firm had revenue of $3.69 billion during the quarter, compared to the consensus estimate of $3.57 billion. During the same quarter in the prior year, the firm posted $0.89 EPS. The business’s revenue was up 9.5% on a year-over-year basis. sell-side analysts forecast that Marsh & McLennan Companies will post 4.33 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 15th. Stockholders of record on Tuesday, April 10th will be paid a dividend of $0.375 per share. This represents a $1.50 dividend on an annualized basis and a dividend yield of 1.83%. The ex-dividend date of this dividend is Monday, April 9th. Marsh & McLennan Companies’s dividend payout ratio is currently 38.27%.

In other news, insider Scott Mcdonald sold 11,418 shares of the company’s stock in a transaction that occurred on Monday, February 5th. The stock was sold at an average price of $84.86, for a total transaction of $968,931.48. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Stacy Mills sold 1,145 shares of the company’s stock in a transaction that occurred on Monday, March 5th. The stock was sold at an average price of $82.95, for a total value of $94,977.75. Following the sale, the vice president now owns 2,923 shares in the company, valued at approximately $242,462.85. The disclosure for this sale can be found here. In the last quarter, insiders have sold 150,855 shares of company stock worth $12,395,268. Company insiders own 1.46% of the company’s stock.

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Marsh & McLennan Companies Company Profile

Marsh & McLennan Companies, Inc, a professional services firm, provides advice and solutions 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.

Insider Buying and Selling by Quarter for Marsh & McLennan Companies (NYSE:MMC)

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