Qsemble Capital Management LP Purchases Shares of 19,894 Marsh & McLennan Companies, Inc. $MRSH

Qsemble Capital Management LP acquired a new position in Marsh & McLennan Companies, Inc. (NYSE:MRSH) during the 4th quarter, Holdings Channel reports. The firm acquired 19,894 shares of the financial services provider’s stock, valued at approximately $3,691,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in MRSH. Brighton Jones LLC increased its stake in shares of Marsh & McLennan Companies by 51.2% in the 4th quarter. Brighton Jones LLC now owns 8,738 shares of the financial services provider’s stock worth $1,856,000 after purchasing an additional 2,960 shares in the last quarter. Bison Wealth LLC raised its stake in shares of Marsh & McLennan Companies by 39.6% in the fourth quarter. Bison Wealth LLC now owns 3,064 shares of the financial services provider’s stock worth $651,000 after buying an additional 869 shares during the period. Glenview Trust co increased its holdings in Marsh & McLennan Companies by 10.8% in the 2nd quarter. Glenview Trust co now owns 3,897 shares of the financial services provider’s stock worth $852,000 after acquiring an additional 379 shares in the last quarter. Osterweis Capital Management Inc. raised its stake in Marsh & McLennan Companies by 18,440.0% during the 2nd quarter. Osterweis Capital Management Inc. now owns 927 shares of the financial services provider’s stock worth $203,000 after acquiring an additional 922 shares during the period. Finally, Diversify Advisory Services LLC purchased a new position in Marsh & McLennan Companies during the second quarter valued at approximately $1,307,000. 87.99% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages have recently commented on MRSH. Morgan Stanley decreased their price objective on shares of Marsh & McLennan Companies from $195.00 to $190.00 and set an “equal weight” rating on the stock in a research report on Monday, April 6th. Royal Bank Of Canada reissued a “sector perform” rating and set a $200.00 price target on shares of Marsh & McLennan Companies in a report on Friday, January 30th. Raymond James Financial raised Marsh & McLennan Companies from an “outperform” rating to a “strong-buy” rating and set a $225.00 price objective for the company in a research note on Tuesday, February 17th. Keefe, Bruyette & Woods lifted their target price on Marsh & McLennan Companies from $200.00 to $203.00 and gave the company a “market perform” rating in a research note on Friday, April 17th. Finally, Wells Fargo & Company dropped their price target on Marsh & McLennan Companies from $203.00 to $178.00 and set an “equal weight” rating for the company in a research note on Thursday, April 9th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Marsh & McLennan Companies currently has an average rating of “Hold” and a consensus target price of $205.00.

Marsh & McLennan Companies Trading Up 0.7%

NYSE:MRSH opened at $161.07 on Friday. The stock has a market capitalization of $77.60 billion, a P/E ratio of 20.13, a P/E/G ratio of 2.35 and a beta of 0.65. The stock has a 50-day moving average price of $169.60. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 1.28. Marsh & McLennan Companies, Inc. has a 12 month low of $158.16 and a 12 month high of $235.78.

Marsh & McLennan Companies (NYSE:MRSH) last released its quarterly earnings data on Thursday, April 16th. The financial services provider reported $3.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.21 by $0.08. The business had revenue of $7.30 billion for the quarter. Marsh & McLennan Companies had a return on equity of 31.87% and a net margin of 14.26%.The firm’s revenue for the quarter was up 7.6% on a year-over-year basis. On average, research analysts forecast that Marsh & McLennan Companies, Inc. will post 10.37 earnings per share for the current year.

Marsh & McLennan Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Thursday, April 9th were paid a $0.90 dividend. This represents a $3.60 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend was Thursday, April 9th. Marsh & McLennan Companies’s dividend payout ratio (DPR) is presently 45.00%.

Key Headlines Impacting Marsh & McLennan Companies

Here are the key news stories impacting Marsh & McLennan Companies this week:

• Positive Sentiment: Goldman Sachs issued a positive report on Marsh & McLennan, reinforcing constructive Wall Street sentiment toward the stock.
• Positive Sentiment: Analyst estimates and ratings data show a generally optimistic stance on MRSH, despite its underperformance over the past 52 weeks. Article Title
• Neutral Sentiment: Recent earnings were better than expected, with quarterly EPS of $3.29 beating consensus and revenue rising 7.6% year over year, which may help provide support but is not a new catalyst.
• Neutral Sentiment: The stock has underperformed the broader market over the past year, which may limit enthusiasm even as analysts stay upbeat.

Insider Buying and Selling at Marsh & McLennan Companies

In other news, CEO John Q. Doyle sold 16,655 shares of the company’s stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $183.30, for a total transaction of $3,052,861.50. Following the sale, the chief executive officer directly owned 116,811 shares in the company, valued at approximately $21,411,456.30. This represents a 12.48% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.38% of the stock is currently owned by company insiders.

Marsh & McLennan Companies Profile

Marsh & McLennan Companies (NYSE: MMC) is a global professional services firm headquartered in New York City that provides advice and solutions in the areas of risk, strategy and people. Founded in 1905, the company has grown into a diversified group of businesses focused on insurance brokerage and risk management, reinsurance, human capital and investment consulting, and management consulting. Its long history and scale position it as a prominent adviser to corporations, governments and other institutions seeking to manage risk and optimize human and financial capital.

The firm operates through several well-known subsidiaries and business units that specialize in distinct services.