Stephens Inc. AR Sells 143 Shares of Marsh & McLennan Companies, Inc. (NYSE:MMC)

Stephens Inc. AR cut its holdings in Marsh & McLennan Companies, Inc. (NYSE:MMC) by 3.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 3,724 shares of the financial services provider’s stock after selling 143 shares during the quarter. Stephens Inc. AR’s holdings in Marsh & McLennan Companies were worth $791,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. FMR LLC boosted its stake in Marsh & McLennan Companies by 2.5% in the third quarter. FMR LLC now owns 21,445,110 shares of the financial services provider’s stock valued at $4,784,190,000 after acquiring an additional 518,185 shares during the last quarter. Geode Capital Management LLC boosted its stake in Marsh & McLennan Companies by 2.2% in the third quarter. Geode Capital Management LLC now owns 11,905,431 shares of the financial services provider’s stock valued at $2,648,304,000 after acquiring an additional 251,361 shares during the last quarter. Parnassus Investments LLC boosted its stake in Marsh & McLennan Companies by 2.0% in the third quarter. Parnassus Investments LLC now owns 4,274,880 shares of the financial services provider’s stock valued at $953,683,000 after acquiring an additional 85,754 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in Marsh & McLennan Companies by 4.8% in the third quarter. JPMorgan Chase & Co. now owns 3,999,771 shares of the financial services provider’s stock valued at $892,309,000 after acquiring an additional 184,239 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its stake in Marsh & McLennan Companies by 1.1% in the third quarter. Charles Schwab Investment Management Inc. now owns 2,703,862 shares of the financial services provider’s stock valued at $603,205,000 after acquiring an additional 30,367 shares during the last quarter. 87.99% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

MMC has been the topic of a number of recent analyst reports. Keefe, Bruyette & Woods reduced their price target on shares of Marsh & McLennan Companies from $214.00 to $210.00 and set an “underperform” rating on the stock in a research report on Monday, February 3rd. JPMorgan Chase & Co. lifted 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 report on Friday, January 3rd. Wells Fargo & Company lifted their price target on shares of Marsh & McLennan Companies from $212.00 to $223.00 and gave the stock an “equal weight” rating in a research report on Friday, January 31st. Barclays lifted their price target on shares of 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. Finally, BMO Capital Markets lifted their price target on shares of Marsh & McLennan Companies from $217.00 to $228.00 and gave the stock a “market perform” rating in a research report on Tuesday, October 22nd. Two analysts have rated the stock with a sell rating, ten have given a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $230.44.

Marsh & McLennan Companies Stock Up 0.9 %

Shares of MMC stock opened at $231.06 on Friday. 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 1 year low of $195.99 and a 1 year high of $235.50. The firm’s fifty day moving average price is $216.66 and its two-hundred day moving average price is $221.83. The firm has a market capitalization of $113.48 billion, a P/E ratio of 28.21, a PEG ratio of 2.35 and a beta of 0.96.

Marsh & McLennan Companies (NYSE:MMC) last issued its quarterly earnings results on Thursday, January 30th. The financial services provider reported $1.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.75 by $0.12. Marsh & McLennan Companies had a net margin of 16.60% and a return on equity of 32.60%. On average, equities analysts predict that Marsh & McLennan Companies, Inc. will post 9.54 EPS for the current fiscal year.

Marsh & McLennan Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 14th. Stockholders of record on Thursday, January 30th will be paid a dividend of $0.815 per share. The ex-dividend date of this dividend is Thursday, January 30th. This represents a $3.26 annualized dividend and a dividend yield of 1.41%. Marsh & McLennan Companies’s dividend payout ratio is presently 39.80%.

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.