38,323 Shares in Marsh & McLennan Companies, Inc. $MRSH Acquired by Diversified Trust Co

Diversified Trust Co bought a new stake in shares of Marsh & McLennan Companies, Inc. (NYSE:MRSH) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 38,323 shares of the financial services provider’s stock, valued at approximately $6,647,000.

Several other institutional investors and hedge funds have also modified their holdings of MRSH. Headlands Technologies LLC bought a new position in Marsh & McLennan Companies in the 2nd quarter worth $29,000. Solstein Capital LLC bought a new stake in Marsh & McLennan Companies during the fourth quarter valued at about $25,000. SHP Wealth Management purchased a new stake in Marsh & McLennan Companies in the fourth quarter worth about $26,000. KERR FINANCIAL PLANNING Corp bought a new position in shares of Marsh & McLennan Companies in the fourth quarter worth about $27,000. Finally, Golden State Wealth Management LLC purchased a new position in shares of Marsh & McLennan Companies during the 4th quarter valued at about $27,000. Hedge funds and other institutional investors own 87.99% of the company’s stock.

Analyst Upgrades and Downgrades

MRSH has been the subject of several analyst reports. UBS Group reduced their target price on shares of Marsh & McLennan Companies from $230.00 to $203.00 and set a “buy” rating for the company in a report on Tuesday, June 9th. JPMorgan Chase & Co. lowered their price target on shares of Marsh & McLennan Companies from $226.00 to $206.00 and set an “overweight” rating on the stock in a report on Thursday, April 9th. Morgan Stanley reduced their price objective on shares of Marsh & McLennan Companies from $195.00 to $190.00 and set an “equal weight” rating for the company in a research note on Monday, April 6th. Keefe, Bruyette & Woods raised their price objective on shares of Marsh & McLennan Companies from $200.00 to $203.00 and gave the company a “market perform” rating in a research report on Friday, April 17th. Finally, Citigroup upgraded shares of Marsh & McLennan Companies from a “neutral” rating to a “buy” rating and set a $200.00 target price on the stock in a research note on Wednesday, May 6th. One 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 stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $200.19.

Marsh & McLennan Companies Price Performance

MRSH stock opened at $161.96 on Friday. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 1.28. Marsh & McLennan Companies, Inc. has a one year low of $156.60 and a one year high of $220.32. The firm has a market capitalization of $78.24 billion, a PE ratio of 20.25, a P/E/G ratio of 2.37 and a beta of 0.62.

Marsh & McLennan Companies (NYSE:MRSH) last posted its earnings results on Thursday, April 16th. The financial services provider reported $3.29 earnings per share for the quarter, beating the consensus estimate of $3.21 by $0.08. The company had revenue of $7.30 billion during the quarter. Marsh & McLennan Companies had a net margin of 14.26% and a return on equity of 31.87%. The firm’s revenue for the quarter was up 7.6% compared to the same quarter last year. As a group, analysts anticipate that Marsh & McLennan Companies, Inc. will post 10.38 earnings per share for the current fiscal year.

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 dated Tuesday, June 2nd. The stock was sold at an average price of $161.71, for a total transaction of $2,693,441.76. Following the completion of the transaction, the chief executive officer owned 116,811 shares in the company, valued at $18,889,506.81. This trade represents a 12.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.38% of the stock is owned by company insiders.

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.