Marsh & McLennan Companies, Inc. (NYSE:MMC) Shares Sold by Sava Infond d.o.o.

Sava Infond d.o.o. lessened its stake in shares of Marsh & McLennan Companies, Inc. (NYSE:MMC) by 50.0% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,600 shares of the financial services provider’s stock after selling 1,600 shares during the quarter. Sava Infond d.o.o.’s holdings in Marsh & McLennan Companies were worth $390,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Modera Wealth Management LLC increased its position in shares of Marsh & McLennan Companies by 2.5% during the fourth quarter. Modera Wealth Management LLC now owns 1,885 shares of the financial services provider’s stock worth $400,000 after acquiring an additional 46 shares during the last quarter. Defined Wealth Management LLC increased its position in shares of Marsh & McLennan Companies by 1.5% during the first quarter. Defined Wealth Management LLC now owns 3,198 shares of the financial services provider’s stock worth $780,000 after acquiring an additional 47 shares during the last quarter. DF Dent & Co. Inc. increased its position in shares of Marsh & McLennan Companies by 0.9% during the fourth quarter. DF Dent & Co. Inc. now owns 5,762 shares of the financial services provider’s stock worth $1,224,000 after acquiring an additional 49 shares during the last quarter. Gerber Kawasaki Wealth & Investment Management increased its position in shares of Marsh & McLennan Companies by 4.1% during the fourth quarter. Gerber Kawasaki Wealth & Investment Management now owns 1,260 shares of the financial services provider’s stock worth $268,000 after acquiring an additional 50 shares during the last quarter. Finally, Citizens & Northern Corp increased its position in shares of Marsh & McLennan Companies by 0.6% during the first quarter. Citizens & Northern Corp now owns 8,333 shares of the financial services provider’s stock worth $2,034,000 after acquiring an additional 51 shares during the last quarter. Institutional investors and hedge funds own 87.99% of the company’s stock.

Marsh & McLennan Companies Stock Performance

Shares of MMC stock opened at $219.13 on Tuesday. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 1.32. The business has a 50 day moving average of $224.76 and a two-hundred day moving average of $224.70. Marsh & McLennan Companies, Inc. has a 52 week low of $207.21 and a 52 week high of $248.00. The company has a market cap of $107.97 billion, a P/E ratio of 26.85, a PEG ratio of 2.65 and a beta of 0.83.

Marsh & McLennan Companies (NYSE:MMC) last issued its earnings results on Thursday, April 17th. The financial services provider reported $3.06 EPS for the quarter, beating analysts’ consensus estimates of $3.02 by $0.04. Marsh & McLennan Companies had a return on equity of 32.19% and a net margin of 16.13%. The company had revenue of $6.70 billion during the quarter, compared to the consensus estimate of $7.08 billion. During the same period in the previous year, the firm posted $2.89 earnings per share. As a group, analysts anticipate that Marsh & McLennan Companies, Inc. will post 9.61 EPS for the current year.

Wall Street Analysts Forecast Growth

MMC has been the topic of a number of analyst reports. Wells Fargo & Company lifted their target price on Marsh & McLennan Companies from $223.00 to $232.00 and gave the stock an “equal weight” rating in a research report on Thursday, April 10th. UBS Group lifted their target price on Marsh & McLennan Companies from $259.00 to $261.00 and gave the stock a “buy” rating in a research report on Wednesday, April 9th. Keefe, Bruyette & Woods dropped their target price on Marsh & McLennan Companies from $220.00 to $215.00 and set an “underperform” rating on the stock in a research report on Monday, April 21st. Redburn Atlantic began coverage on Marsh & McLennan Companies in a report on Tuesday, March 25th. They issued a “buy” rating and a $281.00 price objective for the company. Finally, Jefferies Financial Group boosted their price objective on Marsh & McLennan Companies from $237.00 to $244.00 and gave the company a “hold” rating in a report on Friday, April 11th. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $241.93.

Insider Buying and Selling at Marsh & McLennan Companies

In other news, CEO Dean Michael Klisura sold 9,569 shares of the business’s stock in a transaction that occurred on Monday, March 31st. The stock was sold at an average price of $245.00, for a total transaction of $2,344,405.00. Following the completion of the transaction, the chief executive officer now directly owns 20,935 shares in the company, valued at approximately $5,129,075. The trade was a 31.37% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP Paul Beswick sold 2,237 shares of the business’s stock in a transaction that occurred on Thursday, April 3rd. The stock was sold at an average price of $246.00, for a total value of $550,302.00. Following the transaction, the senior vice president now owns 13,522 shares of the company’s stock, valued at approximately $3,326,412. This represents a 14.20% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.35% of the stock is currently owned by insiders.

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.