Sylvest Advisors LLC Makes New $650,000 Investment in Marsh & McLennan Companies, Inc. $MRSH

Sylvest Advisors LLC acquired a new stake in Marsh & McLennan Companies, Inc. (NYSE:MRSH) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 3,504 shares of the financial services provider’s stock, valued at approximately $650,000.

Other large investors have also added to or reduced their stakes in the company. Pinnacle Bancorp Inc. bought a new stake in Marsh & McLennan Companies in the third quarter worth approximately $25,000. Headlands Technologies LLC acquired a new stake in shares of Marsh & McLennan Companies during the 2nd quarter worth approximately $29,000. Delos Wealth Advisors LLC bought a new stake in shares of Marsh & McLennan Companies in the 2nd quarter valued at $32,000. KERR FINANCIAL PLANNING Corp acquired a new position in shares of Marsh & McLennan Companies during the 3rd quarter valued at $30,000. Finally, Financial Life Planners bought a new position in Marsh & McLennan Companies during the third quarter worth $32,000. Institutional investors and hedge funds own 87.99% of the company’s stock.

Insiders Place Their Bets

In related news, CEO John Q. Doyle sold 16,655 shares of the business’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 transaction, the chief executive officer directly owned 116,811 shares in the company, valued at approximately $21,411,456.30. The trade was a 12.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.35% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have weighed in on MRSH. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $200.00 price target on shares of Marsh & McLennan Companies in a research note on Friday, January 30th. Morgan Stanley raised their target price on Marsh & McLennan Companies from $190.00 to $195.00 and gave the company an “equal weight” rating in a research note on Friday, January 30th. Barclays decreased their target price on Marsh & McLennan Companies from $210.00 to $209.00 and set an “overweight” rating for the company in a research report on Wednesday, March 11th. Evercore cut their price target on Marsh & McLennan Companies from $237.00 to $236.00 and set an “outperform” rating on the stock in a report on Wednesday, January 7th. Finally, Weiss Ratings began coverage on Marsh & McLennan Companies in a report on Thursday, January 29th. They set a “hold (c)” rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $212.06.

Marsh & McLennan Companies Stock Down 0.1%

MRSH stock opened at $174.49 on Friday. The company has a market capitalization of $84.47 billion, a price-to-earnings ratio of 20.70, a PEG ratio of 2.38 and a beta of 0.75. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.20. Marsh & McLennan Companies, Inc. has a twelve month low of $164.89 and a twelve month high of $248.00. The firm has a 50 day moving average of $175.70.

Marsh & McLennan Companies (NYSE:MRSH) last released its quarterly earnings results on Thursday, January 29th. The financial services provider reported $2.12 EPS for the quarter, beating analysts’ consensus estimates of $1.97 by $0.15. Marsh & McLennan Companies had a return on equity of 31.60% and a net margin of 15.42%.The business had revenue of $6.60 billion during the quarter, compared to analyst estimates of $6.52 billion. During the same period in the prior year, the firm posted $1.87 EPS. Marsh & McLennan Companies’s quarterly revenue was up 8.7% compared to the same quarter last year. On average, equities research analysts anticipate that Marsh & McLennan Companies, Inc. will post 9.61 earnings per share for the current fiscal year.

Marsh & McLennan Companies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 15th. Investors of record on Thursday, April 9th will be given a dividend of $0.90 per share. This represents a $3.60 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend is Thursday, April 9th. Marsh & McLennan Companies’s dividend payout ratio (DPR) is presently 42.70%.

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.