Mufg Securities Americas Inc. Takes Position in Marsh & McLennan Companies, Inc. $MRSH

Mufg Securities Americas Inc. acquired a new stake in Marsh & McLennan Companies, Inc. (NYSE:MRSH) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 13,198 shares of the financial services provider’s stock, valued at approximately $2,448,000.

Other large investors have also modified their holdings of the company. Solstein Capital LLC acquired a new position in shares of Marsh & McLennan Companies in the fourth quarter valued at $25,000. KERR FINANCIAL PLANNING Corp acquired a new position in shares of Marsh & McLennan Companies in the fourth quarter valued at $27,000. Golden State Wealth Management LLC acquired a new position in shares of Marsh & McLennan Companies in the fourth quarter valued at $27,000. Atlas Capital Advisors Inc. acquired a new position in shares of Marsh & McLennan Companies in the fourth quarter valued at $28,000. Finally, City Holding Co. acquired a new position in shares of Marsh & McLennan Companies in the fourth quarter valued at $29,000. 87.99% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Marsh & McLennan Companies

In other news, CEO John Q. Doyle sold 16,656 shares of the firm’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 completion of the sale, the chief executive officer directly owned 116,811 shares in the company, valued at approximately $18,889,506.81. This trade represents a 12.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.38% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on MRSH. Citigroup upgraded Marsh & McLennan Companies from a “neutral” rating to a “buy” rating and set a $200.00 target price for the company in a research note on Wednesday, May 6th. Bank of America cut their target price on Marsh & McLennan Companies from $181.00 to $174.00 and set an “underperform” rating for the company in a research note on Tuesday, April 14th. Wells Fargo & Company cut their target price 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. Mizuho cut their target price on Marsh & McLennan Companies from $199.00 to $193.00 and set a “neutral” rating for the company in a research note on Monday, April 13th. Finally, Keefe, Bruyette & Woods increased their price objective on Marsh & McLennan Companies from $200.00 to $203.00 and gave the stock a “market perform” rating in a research note on Friday, April 17th. One investment 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 assigned a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $200.19.

Marsh & McLennan Companies Trading Down 0.0%

Marsh & McLennan Companies stock opened at $168.67 on Monday. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.11 and a quick ratio of 1.11. Marsh & McLennan Companies, Inc. has a 52-week low of $156.60 and a 52-week high of $220.32. The firm has a market cap of $81.49 billion, a price-to-earnings ratio of 21.08, a P/E/G ratio of 2.46 and a beta of 0.62.

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 the consensus estimate of $3.21 by $0.08. Marsh & McLennan Companies had a return on equity of 31.87% and a net margin of 14.26%.The firm had revenue of $7.30 billion during the quarter. The company’s quarterly revenue was up 7.6% compared to the same quarter last year. On average, equities research analysts predict that Marsh & McLennan Companies, Inc. will post 10.38 EPS for the current year.

Marsh & McLennan Companies Company 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.