Yousif Capital Management LLC Cuts Stock Holdings in Marsh & McLennan Companies, Inc. $MRSH

Yousif Capital Management LLC trimmed its stake in shares of Marsh & McLennan Companies, Inc. (NYSE:MRSH) by 6.1% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 59,779 shares of the financial services provider’s stock after selling 3,909 shares during the period. Yousif Capital Management LLC’s holdings in Marsh & McLennan Companies were worth $10,820,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Hanson & Doremus Investment Management lifted its position in Marsh & McLennan Companies by 31.3% during the third quarter. Hanson & Doremus Investment Management now owns 214 shares of the financial services provider’s stock valued at $43,000 after purchasing an additional 51 shares during the last quarter. D.A. Davidson & CO. lifted its holdings in shares of Marsh & McLennan Companies by 1.2% in the 3rd quarter. D.A. Davidson & CO. now owns 4,514 shares of the financial services provider’s stock worth $910,000 after acquiring an additional 54 shares during the last quarter. Procyon Advisors LLC lifted its holdings in shares of Marsh & McLennan Companies by 2.5% in the 4th quarter. Procyon Advisors LLC now owns 2,279 shares of the financial services provider’s stock worth $423,000 after acquiring an additional 56 shares during the last quarter. Lindenwold Advisors INC lifted its holdings in shares of Marsh & McLennan Companies by 0.4% in the 3rd quarter. Lindenwold Advisors INC now owns 14,994 shares of the financial services provider’s stock worth $3,022,000 after acquiring an additional 62 shares during the last quarter. Finally, Ashton Thomas Securities LLC lifted its holdings in shares of Marsh & McLennan Companies by 1.8% in the 3rd quarter. Ashton Thomas Securities LLC now owns 3,663 shares of the financial services provider’s stock worth $736,000 after acquiring an additional 63 shares during the last quarter. 87.99% of the stock is owned by hedge funds and other institutional investors.

Marsh & McLennan Companies Stock Up 0.4%

Shares of Marsh & McLennan Companies stock opened at $175.55 on Thursday. The stock has a 50 day moving average price of $174.39. The company has a debt-to-equity ratio of 1.20, a quick ratio of 1.10 and a current ratio of 1.10. Marsh & McLennan Companies, Inc. has a 52-week low of $164.89 and a 52-week high of $239.34. The stock has a market cap of $84.99 billion, a P/E ratio of 20.82, a P/E/G ratio of 2.38 and a beta of 0.75.

Marsh & McLennan Companies (NYSE:MRSH) last issued its quarterly earnings data on Thursday, January 29th. The financial services provider reported $2.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.97 by $0.15. Marsh & McLennan Companies had a net margin of 15.42% and a return on equity of 31.60%. The firm had revenue of $6.60 billion for the quarter, compared to the consensus estimate of $6.52 billion. During the same quarter in the previous year, the firm earned $1.87 EPS. The company’s quarterly revenue was up 8.7% compared to the same quarter last year. As a group, equities research analysts forecast that Marsh & McLennan Companies, Inc. will post 9.61 EPS for the current fiscal year.

Marsh & McLennan Companies Announces Dividend

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

Insider Buying and Selling

In other news, CEO John Q. Doyle sold 16,655 shares of the company’s stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $183.30, for a total value of $3,052,861.50. Following the sale, the chief executive officer directly owned 116,811 shares of the company’s stock, valued at $21,411,456.30. This represents a 12.48% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.35% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

MRSH has been the subject of several analyst reports. Cantor Fitzgerald raised their target price on shares of Marsh & McLennan Companies from $208.00 to $212.00 and gave the stock an “overweight” rating in a report on Monday, February 2nd. Wells Fargo & Company raised their price target on shares of Marsh & McLennan Companies from $199.00 to $203.00 and gave the stock an “equal weight” rating in a research note on Friday, January 30th. Raymond James Financial raised shares of Marsh & McLennan Companies from an “outperform” rating to a “strong-buy” rating and set a $225.00 price target on the stock in a research note on Tuesday, February 17th. 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. Finally, Evercore cut their target price on shares of Marsh & McLennan Companies from $237.00 to $236.00 and set an “outperform” rating on the stock in a research report on Wednesday, January 7th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Marsh & McLennan Companies has a consensus rating of “Hold” and an average price target of $211.19.

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.