Unigestion Holding SA Has $88.07 Million Position in Marsh & McLennan Companies, Inc. (NYSE:MMC)

Unigestion Holding SA grew its holdings in shares of Marsh & McLennan Companies, Inc. (NYSE:MMC) by 34.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 880,261 shares of the financial services provider’s stock after purchasing an additional 225,769 shares during the period. Marsh & McLennan Companies makes up 2.4% of Unigestion Holding SA’s portfolio, making the stock its 6th biggest holding. Unigestion Holding SA owned 0.17% of Marsh & McLennan Companies worth $88,070,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Sterling Capital Management LLC lifted its position in shares of Marsh & McLennan Companies by 1.4% in the second quarter. Sterling Capital Management LLC now owns 7,819 shares of the financial services provider’s stock worth $780,000 after purchasing an additional 111 shares in the last quarter. Cibc Bank USA grew its stake in shares of Marsh & McLennan Companies by 3.8% in the second quarter. Cibc Bank USA now owns 3,131 shares of the financial services provider’s stock worth $312,000 after acquiring an additional 114 shares during the last quarter. Cornerstone Advisors Inc. grew its stake in shares of Marsh & McLennan Companies by 6.4% in the second quarter. Cornerstone Advisors Inc. now owns 1,920 shares of the financial services provider’s stock worth $192,000 after acquiring an additional 116 shares during the last quarter. Buckley Wealth Management LLC grew its stake in shares of Marsh & McLennan Companies by 3.2% in the second quarter. Buckley Wealth Management LLC now owns 3,729 shares of the financial services provider’s stock worth $372,000 after acquiring an additional 116 shares during the last quarter. Finally, Signaturefd LLC grew its stake in shares of Marsh & McLennan Companies by 3.6% in the second quarter. Signaturefd LLC now owns 3,356 shares of the financial services provider’s stock worth $335,000 after acquiring an additional 116 shares during the last quarter. Institutional investors own 86.71% of the company’s stock.

Several equities research analysts have recently issued reports on MMC shares. ValuEngine downgraded shares of Marsh & McLennan Companies from a “buy” rating to a “hold” rating in a research note on Thursday, August 1st. Wells Fargo & Co reiterated a “hold” rating and set a $95.00 price target on shares of Marsh & McLennan Companies in a research note on Tuesday, October 29th. Finally, Morgan Stanley lifted their price target on shares of Marsh & McLennan Companies from $101.00 to $105.00 and gave the stock an “equal weight” rating in a research note on Thursday, August 15th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and two have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $99.33.

Shares of NYSE MMC traded up $0.12 during midday trading on Friday, reaching $103.31. 1,446,719 shares of the company traded hands, compared to its average volume of 1,676,807. The firm has a market cap of $51.32 billion, a PE ratio of 23.75, a PEG ratio of 1.78 and a beta of 0.75. The stock’s 50-day simple moving average is $99.56 and its 200-day simple moving average is $98.50. Marsh & McLennan Companies, Inc. has a 12 month low of $74.30 and a 12 month high of $104.86. The company has a debt-to-equity ratio of 1.47, a quick ratio of 1.14 and a current ratio of 1.14.

Marsh & McLennan Companies (NYSE:MMC) last issued its quarterly earnings data on Tuesday, October 29th. The financial services provider reported $0.77 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.70 by $0.07. The company had revenue of $4 billion during the quarter, compared to analysts’ expectations of $4 billion. Marsh & McLennan Companies had a return on equity of 29.40% and a net margin of 9.34%. The business’s revenue was up 14.2% on a year-over-year basis. During the same period last year, the business earned $0.78 earnings per share. On average, equities research analysts expect that Marsh & McLennan Companies, Inc. will post 4.67 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 15th. Shareholders of record on Friday, October 11th will be issued a dividend of $0.455 per share. The ex-dividend date of this dividend is Thursday, October 10th. This represents a $1.82 dividend on an annualized basis and a dividend yield of 1.76%. Marsh & McLennan Companies’s payout ratio is presently 41.84%.

About Marsh & McLennan Companies

Marsh & McLennan Companies, Inc, a professional services company, provides advice and solutions to clients in the areas of risk, strategy, and people worldwide. It operates in two segments, Risk and Insurance Services, and Consulting. The Risk and Insurance Services segment offers risk management services, such as risk advice, risk transfer, and risk control and mitigation solutions, as well as insurance, reinsurance broking, catastrophe and financial modeling, and related advisory services; and insurance program management services.

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Institutional Ownership by Quarter for Marsh & McLennan Companies (NYSE:MMC)

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