V Square Quantitative Management LLC Buys New Holdings in Marsh & McLennan Companies, Inc. $MRSH

V Square Quantitative Management LLC bought a new position in Marsh & McLennan Companies, Inc. (NYSE:MRSH) in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 9,938 shares of the financial services provider’s stock, valued at approximately $1,724,000.

A number of other hedge funds also recently made changes to their positions in MRSH. Solstein Capital LLC bought a new stake in Marsh & McLennan Companies in the fourth quarter valued at about $25,000. SHP Wealth Management bought a new position in Marsh & McLennan Companies during the fourth quarter worth about $26,000. KERR FINANCIAL PLANNING Corp acquired a new stake in Marsh & McLennan Companies during the fourth quarter valued at approximately $27,000. Golden State Wealth Management LLC acquired a new position in shares of Marsh & McLennan Companies in the 4th quarter worth approximately $27,000. Finally, Pinnacle Bancorp Inc. bought a new position in shares of Marsh & McLennan Companies during the 1st quarter worth approximately $28,000. Institutional investors and hedge funds own 87.99% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have weighed in on MRSH. Bank of America lowered their price target on Marsh & McLennan Companies from $181.00 to $174.00 and set an “underperform” rating on the stock in a research report on Tuesday, April 14th. Wells Fargo & Company reduced their target price on shares of Marsh & McLennan Companies from $203.00 to $178.00 and set an “equal weight” rating on the stock in a research note on Thursday, April 9th. Morgan Stanley dropped their target price on shares of Marsh & McLennan Companies from $195.00 to $190.00 and set an “equal weight” rating for the company in a research report on Monday, April 6th. JPMorgan Chase & Co. reduced 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 research report on Thursday, April 9th. Finally, UBS Group dropped their price objective 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. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $200.19.

Insider Activity at Marsh & McLennan Companies

In related news, CEO John Q. Doyle sold 16,656 shares of the firm’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were 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 owned 116,811 shares of the company’s stock, 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 Stock Performance

Shares of NYSE:MRSH opened at $178.13 on Friday. 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 twelve month low of $156.60 and a twelve month high of $216.32. The firm has a market capitalization of $86.05 billion, a PE ratio of 22.27, a price-to-earnings-growth ratio of 2.60 and a beta of 0.61.

Marsh & McLennan Companies (NYSE:MRSH) last issued its quarterly earnings data on Thursday, April 16th. The financial services provider reported $3.29 EPS for the quarter, topping analysts’ consensus estimates of $3.21 by $0.08. The firm 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%. Marsh & McLennan Companies’s quarterly revenue was up 7.6% on a year-over-year basis. As a group, research analysts forecast that Marsh & McLennan Companies, Inc. will post 10.38 earnings per share for the current year.

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.