Rhumbline Advisers Has $204.21 Million Holdings in Marsh & McLennan Companies, Inc. (NYSE:MMC)

Rhumbline Advisers decreased its position in Marsh & McLennan Companies, Inc. (NYSE:MMC) by 1.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 961,373 shares of the financial services provider’s stock after selling 11,958 shares during the period. Rhumbline Advisers owned approximately 0.20% of Marsh & McLennan Companies worth $204,205,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Carmichael Hill & Associates Inc. boosted 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 purchasing an additional 60 shares in the last quarter. Catalyst Capital Advisors LLC acquired a new position in Marsh & McLennan Companies in the third quarter valued at approximately $31,000. Financial Life Planners acquired a new stake in shares of Marsh & McLennan Companies during the 4th quarter worth approximately $33,000. Albion Financial Group UT bought a new stake in shares of Marsh & McLennan Companies in the 4th quarter valued at $38,000. Finally, Capital Performance Advisors LLP acquired a new position in shares of Marsh & McLennan Companies during the 3rd quarter valued at $41,000. 87.99% of the stock is currently owned by institutional investors and hedge funds.

Marsh & McLennan Companies Stock Down 0.9 %

MMC opened at $228.95 on Friday. The company has a 50 day moving average of $216.71 and a 200 day moving average of $221.90. The company has a current ratio of 1.13, a quick ratio of 1.14 and a debt-to-equity ratio of 1.44. Marsh & McLennan Companies, Inc. has a 12 month low of $196.17 and a 12 month high of $235.50. The company has a market cap of $112.44 billion, a PE ratio of 27.95, a price-to-earnings-growth ratio of 2.35 and a beta of 0.96.

Marsh & McLennan Companies (NYSE:MMC) last released its quarterly earnings data 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 return on equity of 32.60% and a net margin of 16.60%. On average, sell-side analysts expect that Marsh & McLennan Companies, Inc. will post 9.54 EPS for the current year.

Marsh & McLennan Companies Announces Dividend

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

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on MMC shares. The Goldman Sachs Group set a $220.00 price objective on shares of Marsh & McLennan Companies and gave the company a “sell” rating in a report on Friday, October 18th. Wells Fargo & Company increased their price target on Marsh & McLennan Companies from $212.00 to $223.00 and gave the stock an “equal weight” rating in a report on Friday, January 31st. Barclays upped their target price on Marsh & McLennan Companies from $236.00 to $246.00 and gave the stock an “equal weight” rating in a research report on Thursday, November 21st. Raymond James restated an “outperform” rating and set a $250.00 price target (up previously from $240.00) on shares of Marsh & McLennan Companies in a research note on Thursday, February 6th. Finally, UBS Group raised their price objective on shares of Marsh & McLennan Companies from $255.00 to $259.00 and gave the company a “buy” rating in a research note on Tuesday, October 22nd. Two research analysts have rated the stock with a sell rating, ten have given a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $230.44.

About Marsh & McLennan Companies

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.