O Shaughnessy Asset Management LLC Makes New Investment in Marsh & McLennan Companies, Inc. $MRSH

O Shaughnessy Asset Management LLC bought a new stake in shares of Marsh & McLennan Companies, Inc. (NYSE:MRSH) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 77,786 shares of the financial services provider’s stock, valued at approximately $14,431,000.

Several other institutional investors have also modified their holdings of MRSH. Headlands Technologies LLC acquired a new stake in shares of Marsh & McLennan Companies during the 2nd quarter worth approximately $29,000. KERR FINANCIAL PLANNING Corp acquired a new position in Marsh & McLennan Companies during the 4th quarter valued at approximately $27,000. Financial Life Planners bought a new position in Marsh & McLennan Companies during the 3rd quarter worth $32,000. City Holding Co. acquired a new stake in Marsh & McLennan Companies in the fourth quarter worth $29,000. Finally, JPL Wealth Management LLC bought a new stake in Marsh & McLennan Companies in the third quarter valued at $35,000. Institutional investors and hedge funds own 87.99% of the company’s stock.

Insider Activity at Marsh & McLennan Companies

In other news, CEO John Q. Doyle sold 16,656 shares of the business’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $161.71, for a total value of $2,693,441.76. Following the sale, the chief executive officer owned 116,811 shares of the company’s stock, valued at approximately $18,889,506.81. The trade was a 12.48% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.38% of the company’s stock.

Marsh & McLennan Companies Stock Performance

MRSH stock opened at $165.52 on Wednesday. The company has a debt-to-equity ratio of 1.28, a quick ratio of 1.11 and a current ratio of 1.11. The stock has a market cap of $79.96 billion, a price-to-earnings ratio of 20.69, a P/E/G ratio of 2.37 and a beta of 0.62. Marsh & McLennan Companies, Inc. has a 52 week low of $156.60 and a 52 week high of $222.57.

Marsh & McLennan Companies (NYSE:MRSH) last posted its quarterly earnings data on Thursday, April 16th. The financial services provider reported $3.29 EPS for the quarter, beating 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 net margin of 14.26% and a return on equity of 31.87%. The company’s revenue was up 7.6% compared to the same quarter last year. Equities analysts anticipate that Marsh & McLennan Companies, Inc. will post 10.38 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Citigroup raised shares of Marsh & McLennan Companies from a “neutral” rating to a “buy” rating and set a $200.00 price objective on the stock in a report on Wednesday, May 6th. Bank of America decreased their target price on shares of Marsh & McLennan Companies from $181.00 to $174.00 and set an “underperform” rating for the company in a research report on Tuesday, April 14th. Weiss Ratings downgraded Marsh & McLennan Companies from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday, May 11th. UBS Group lowered their target price on Marsh & McLennan Companies from $230.00 to $203.00 and set a “buy” rating on the stock in a research report on Tuesday. Finally, JPMorgan Chase & Co. cut their target price on Marsh & McLennan Companies from $226.00 to $206.00 and set an “overweight” rating on the stock in a research note on Thursday, April 9th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Marsh & McLennan Companies has an average rating of “Hold” and an average price target of $200.19.

About Marsh & McLennan Companies

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.