Yousif Capital Management LLC Reduces Stake in Marsh & McLennan Companies, Inc. (NYSE:MMC)

Yousif Capital Management LLC lessened its holdings in Marsh & McLennan Companies, Inc. (NYSE:MMC) by 2.5% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 68,497 shares of the financial services provider’s stock after selling 1,725 shares during the period. Yousif Capital Management LLC’s holdings in Marsh & McLennan Companies were worth $14,549,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Carmichael Hill & Associates Inc. boosted its position in shares of Marsh & McLennan Companies by 85.7% during the 3rd quarter. Carmichael Hill & Associates Inc. now owns 130 shares of the financial services provider’s stock valued at $29,000 after acquiring an additional 60 shares during the last quarter. Catalyst Capital Advisors LLC bought a new stake in Marsh & McLennan Companies during the third quarter valued at approximately $31,000. Financial Life Planners bought a new position in shares of Marsh & McLennan Companies in the 4th quarter worth $33,000. Albion Financial Group UT purchased a new position in shares of Marsh & McLennan Companies in the fourth quarter worth about $38,000. Finally, Capital Performance Advisors LLP purchased a new stake in Marsh & McLennan Companies during the 3rd quarter valued at about $41,000. Institutional investors own 87.99% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. The Goldman Sachs Group set a $220.00 price objective on Marsh & McLennan Companies and gave the company a “sell” rating in a research note on Friday, October 18th. Roth Mkm raised their price target on Marsh & McLennan Companies from $220.00 to $230.00 and gave the stock a “neutral” rating in a research note on Friday, October 18th. JPMorgan Chase & Co. boosted their price objective on shares of Marsh & McLennan Companies from $230.00 to $235.00 and gave the company a “neutral” rating in a research report on Friday, January 3rd. Royal Bank of Canada raised shares of Marsh & McLennan Companies from a “sector perform” rating to an “outperform” rating and raised their target price for the stock from $242.00 to $250.00 in a research report on Thursday, December 12th. Finally, UBS Group increased their price target on shares of Marsh & McLennan Companies from $255.00 to $259.00 and gave the stock a “buy” rating in a research note on Tuesday, October 22nd. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $229.13.

Marsh & McLennan Companies Price Performance

Shares of NYSE:MMC opened at $222.99 on Wednesday. The company has a market capitalization of $109.51 billion, a PE ratio of 27.23, a PEG ratio of 2.27 and a beta of 0.96. The business has a fifty day moving average price of $217.42 and a 200-day moving average price of $221.42. Marsh & McLennan Companies, Inc. has a 1-year low of $191.87 and a 1-year high of $235.50. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.13 and a quick ratio of 1.14.

Marsh & McLennan Companies (NYSE:MMC) last issued its earnings results on Thursday, January 30th. The financial services provider reported $1.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.75 by $0.12. Marsh & McLennan Companies had a net margin of 16.60% and a return on equity of 32.60%. As a group, equities analysts expect that Marsh & McLennan Companies, Inc. will post 9.45 EPS for the current fiscal year.

Marsh & McLennan Companies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 14th. Shareholders of record on Thursday, January 30th will be issued a $0.815 dividend. This represents a $3.26 dividend on an annualized basis and a dividend yield of 1.46%. The ex-dividend date of this dividend is Thursday, January 30th. Marsh & McLennan Companies’s payout ratio is 39.80%.

About Marsh & McLennan Companies

Marsh & McLennan Cos., Inc is a professional services firm, which engages in offering clients advice and solutions in risk, strategy, and people. It operates through the Risk and Insurance Services, and Consulting segments. The Risk and Insurance Services segment is involved in risk management activities, as well as insurance and reinsurance broking and services.