FWG Holdings LLC Grows Stock Position in Marsh & McLennan Companies, Inc. (NYSE:MMC)

FWG Holdings LLC increased its holdings in Marsh & McLennan Companies, Inc. (NYSE:MMC) by 32.5% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 1,464 shares of the financial services provider’s stock after acquiring an additional 359 shares during the period. FWG Holdings LLC’s holdings in Marsh & McLennan Companies were worth $321,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MMC. Financial Life Planners acquired a new stake in shares of Marsh & McLennan Companies during the 4th quarter worth about $33,000. Sierra Ocean LLC acquired a new stake in shares of Marsh & McLennan Companies during the fourth quarter valued at about $36,000. Albion Financial Group UT purchased a new stake in shares of Marsh & McLennan Companies in the 4th quarter valued at approximately $38,000. Capital Performance Advisors LLP purchased a new position in shares of Marsh & McLennan Companies during the 3rd quarter worth approximately $41,000. Finally, Golden State Wealth Management LLC acquired a new stake in Marsh & McLennan Companies in the 4th quarter valued at approximately $41,000. Hedge funds and other institutional investors own 87.99% of the company’s stock.

Marsh & McLennan Companies Stock Performance

NYSE:MMC opened at $235.40 on Monday. The firm has a market capitalization of $115.61 billion, a PE ratio of 28.74, a price-to-earnings-growth ratio of 2.70 and a beta of 0.95. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.13 and a quick ratio of 1.13. The business’s fifty day moving average price is $222.83 and its 200 day moving average price is $223.35. Marsh & McLennan Companies, Inc. has a 12 month low of $196.17 and a 12 month high of $241.84.

Marsh & McLennan Companies (NYSE:MMC) last issued its earnings results on Thursday, January 30th. The financial services provider reported $1.87 earnings per share for the quarter, topping the consensus estimate 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 anticipate that Marsh & McLennan Companies, Inc. will post 9.61 earnings per share for the current fiscal year.

Marsh & McLennan Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Thursday, January 30th were issued a dividend of $0.815 per share. This represents a $3.26 annualized dividend and a dividend yield of 1.38%. The ex-dividend date of this dividend was Thursday, January 30th. Marsh & McLennan Companies’s payout ratio is 39.80%.

Analyst Ratings Changes

Several research analysts have recently commented on MMC shares. Royal Bank of Canada upgraded Marsh & McLennan Companies from a “sector perform” rating to an “outperform” rating and raised their price target for the stock from $242.00 to $250.00 in a research report on Thursday, December 12th. Keefe, Bruyette & Woods lowered their target price on Marsh & McLennan Companies from $214.00 to $210.00 and set an “underperform” rating for the company in a report on Monday, February 3rd. JPMorgan Chase & Co. boosted their price target on shares of Marsh & McLennan Companies from $230.00 to $235.00 and gave the stock a “neutral” rating in a research note on Friday, January 3rd. Barclays raised their price objective on shares of Marsh & McLennan Companies from $236.00 to $246.00 and gave the company an “equal weight” rating in a research note on Thursday, November 21st. Finally, Evercore ISI reiterated an “outperform” rating and set a $242.00 target price on shares of Marsh & McLennan Companies in a report on Monday, November 25th. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $230.44.

Marsh & McLennan Companies Company 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.