Marsh & McLennan Companies, Inc. (NYSE:MRSH) Receives Consensus Recommendation of “Hold” from Analysts

Shares of Marsh & McLennan Companies, Inc. (NYSE:MRSH) have been assigned a consensus recommendation of “Hold” from the eighteen ratings firms that are covering the firm, MarketBeat reports. One analyst has rated the stock with a sell rating, ten have assigned a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $203.5625.

Several equities research analysts have issued reports on the stock. Morgan Stanley decreased their price objective on shares of Marsh & McLennan Companies from $195.00 to $190.00 and set an “equal weight” rating for the company in a research note on Monday, April 6th. JPMorgan Chase & Co. decreased their price objective on shares of Marsh & McLennan Companies from $226.00 to $206.00 and set an “overweight” rating for the company in a research note on Thursday, April 9th. Wells Fargo & Company decreased their price objective on shares of Marsh & McLennan Companies from $203.00 to $178.00 and set an “equal weight” rating for the company in a research note on Thursday, April 9th. Raymond James Financial raised shares of Marsh & McLennan Companies from an “outperform” rating to a “strong-buy” rating and set a $225.00 target price on the stock in a research report on Tuesday, February 17th. Finally, Mizuho reduced their target price on shares of Marsh & McLennan Companies from $199.00 to $193.00 and set a “neutral” rating on the stock in a research report on Monday, April 13th.

Marsh & McLennan Companies Stock Performance

Shares of NYSE MRSH opened at $160.70 on Thursday. The company has a market cap of $77.63 billion, a PE ratio of 20.09, a price-to-earnings-growth ratio of 2.36 and a beta of 0.65. Marsh & McLennan Companies has a 12 month low of $158.16 and a 12 month high of $235.78. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.11 and a quick ratio of 1.11. The company has a 50-day simple moving average of $166.27 and a 200-day simple moving average of $172.72.

Marsh & McLennan Companies (NYSE:MRSH) last released its earnings results on Thursday, April 16th. The financial services provider reported $3.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.21 by $0.08. Marsh & McLennan Companies had a net margin of 14.26% and a return on equity of 31.87%. The firm had revenue of $7.30 billion during the quarter. The business’s revenue for the quarter was up 7.6% compared to the same quarter last year. On average, equities analysts anticipate that Marsh & McLennan Companies will post 10.37 earnings per share for the current year.

Insider Activity at Marsh & McLennan Companies

In other news, CEO John Q. Doyle sold 16,655 shares of the business’s stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $183.30, for a total transaction of $3,052,861.50. Following the transaction, the chief executive officer directly owned 116,811 shares of the company’s stock, valued at approximately $21,411,456.30. The trade was a 12.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 0.38% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Solstein Capital LLC acquired a new position in shares of Marsh & McLennan Companies during the fourth quarter worth $25,000. SHP Wealth Management acquired a new position in shares of Marsh & McLennan Companies during the fourth quarter worth $26,000. KERR FINANCIAL PLANNING Corp acquired a new stake in Marsh & McLennan Companies in the fourth quarter valued at $27,000. Golden State Wealth Management LLC acquired a new stake in Marsh & McLennan Companies in the fourth quarter valued at $27,000. Finally, Pinnacle Bancorp Inc. acquired a new stake in Marsh & McLennan Companies in the first quarter valued at $28,000. 87.99% of the stock is owned by institutional investors and hedge funds.

Marsh & McLennan Companies Company 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.