Compagnie Lombard Odier SCmA Has $35.78 Million Position in Marsh & McLennan Companies, Inc. $MRSH

Compagnie Lombard Odier SCmA lifted its stake in Marsh & McLennan Companies, Inc. (NYSE:MRSH) by 11.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 192,881 shares of the financial services provider’s stock after buying an additional 19,769 shares during the period. Compagnie Lombard Odier SCmA’s holdings in Marsh & McLennan Companies were worth $35,783,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Assenagon Asset Management S.A. raised its holdings in Marsh & McLennan Companies by 9,455.4% in the 4th quarter. Assenagon Asset Management S.A. now owns 1,520,164 shares of the financial services provider’s stock valued at $282,021,000 after acquiring an additional 1,504,255 shares in the last quarter. Amundi raised its stake in shares of Marsh & McLennan Companies by 89.2% in the second quarter. Amundi now owns 2,892,576 shares of the financial services provider’s stock valued at $615,309,000 after purchasing an additional 1,363,706 shares in the last quarter. Wellington Management Group LLP lifted its position in Marsh & McLennan Companies by 9.1% in the third quarter. Wellington Management Group LLP now owns 15,091,478 shares of the financial services provider’s stock worth $3,041,386,000 after purchasing an additional 1,260,434 shares during the period. Arrowstreet Capital Limited Partnership boosted its stake in Marsh & McLennan Companies by 654.7% during the third quarter. Arrowstreet Capital Limited Partnership now owns 1,419,104 shares of the financial services provider’s stock worth $285,992,000 after buying an additional 1,231,059 shares in the last quarter. Finally, Invesco Ltd. raised its stake in shares of Marsh & McLennan Companies by 29.7% in the 3rd quarter. Invesco Ltd. now owns 3,293,188 shares of the financial services provider’s stock valued at $663,676,000 after buying an additional 753,828 shares in the last quarter. 87.99% of the stock is currently owned by institutional investors.

Insider Activity

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

Marsh & McLennan Companies Trading Up 0.1%

Shares of MRSH stock opened at $171.96 on Thursday. Marsh & McLennan Companies, Inc. has a 1 year low of $164.89 and a 1 year high of $248.00. The company has a debt-to-equity ratio of 1.20, a current ratio of 1.10 and a quick ratio of 1.10. The business’s 50 day moving average is $176.05. The firm has a market capitalization of $83.25 billion, a price-to-earnings ratio of 20.40, a price-to-earnings-growth ratio of 2.36 and a beta of 0.75.

Marsh & McLennan Companies (NYSE:MRSH) last issued its quarterly earnings results on Thursday, January 29th. The financial services provider reported $2.12 earnings per share for the quarter, beating 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 business had revenue of $6.60 billion during the quarter, compared to analyst estimates of $6.52 billion. During the same quarter last year, the business posted $1.87 earnings per share. Marsh & McLennan Companies’s revenue for the quarter was up 8.7% compared to the same quarter last year. On average, equities research analysts forecast that Marsh & McLennan Companies, Inc. will post 9.61 earnings per share for the current fiscal year.

Marsh & McLennan Companies Dividend Announcement

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

Wall Street Analyst Weigh In

A number of analysts recently weighed in on MRSH shares. Evercore lowered 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 note on Wednesday, January 7th. Morgan Stanley lifted their price objective on Marsh & McLennan Companies from $190.00 to $195.00 and gave the company an “equal weight” rating in a report on Friday, January 30th. Cantor Fitzgerald increased their target price on Marsh & McLennan Companies from $208.00 to $212.00 and gave the stock an “overweight” rating in a report on Monday, February 2nd. Citigroup upped their price target on Marsh & McLennan Companies from $201.00 to $205.00 and gave the company a “neutral” rating in a research report on Tuesday, February 3rd. Finally, Barclays cut their price objective on Marsh & McLennan Companies from $210.00 to $209.00 and set an “overweight” rating for the company in a report on Wednesday, March 11th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $212.06.

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.