Arwa LLC Makes New $1.23 Million Investment in Marsh & McLennan Companies, Inc. $MRSH

Arwa LLC bought a new stake in shares of Marsh & McLennan Companies, Inc. (NYSE:MRSH) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 6,626 shares of the financial services provider’s stock, valued at approximately $1,229,000.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Groupama Asset Managment acquired a new position in shares of Marsh & McLennan Companies in the 4th quarter valued at $415,000. Tempo Wealth LLC bought a new stake in Marsh & McLennan Companies in the 4th quarter valued at $322,000. MidFirst Bank acquired a new stake in shares of Marsh & McLennan Companies during the 4th quarter worth approximately $41,000. Chelsea Counsel Co. bought a new position in shares of Marsh & McLennan Companies during the 4th quarter worth approximately $56,000. Finally, Pacer Advisors Inc. bought a new stake in Marsh & McLennan Companies during the fourth quarter worth about $8,140,000. 87.99% of the stock is currently owned by institutional investors.

Insider Transactions at Marsh & McLennan Companies

In related news, CEO John Q. Doyle sold 16,656 shares of the business’s stock in a transaction 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 transaction, the chief executive officer owned 116,811 shares in the company, valued at $18,889,506.81. The trade was a 12.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.38% of the stock is currently owned by insiders.

Marsh & McLennan Companies Stock Down 0.3%

Shares of MRSH opened at $161.96 on Friday. Marsh & McLennan Companies, Inc. has a 12 month low of $156.60 and a 12 month high of $220.32. The stock has a market cap of $78.24 billion, a price-to-earnings ratio of 20.25, a P/E/G ratio of 2.37 and a beta of 0.62. The company has a debt-to-equity ratio of 1.28, a quick ratio of 1.11 and a current ratio of 1.11.

Marsh & McLennan Companies (NYSE:MRSH) last issued its quarterly earnings results on Thursday, April 16th. The financial services provider reported $3.29 earnings per share for the quarter, beating the consensus estimate of $3.21 by $0.08. The company had revenue of $7.30 billion during the quarter. Marsh & McLennan Companies had a return on equity of 31.87% and a net margin of 14.26%.Marsh & McLennan Companies’s revenue for the quarter was up 7.6% compared to the same quarter last year. As a group, research analysts anticipate that Marsh & McLennan Companies, Inc. will post 10.38 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. 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 research report on Tuesday, June 9th. Barclays decreased their price target on shares of Marsh & McLennan Companies from $209.00 to $206.00 and set an “overweight” rating for the company in a report on Wednesday, April 8th. Morgan Stanley cut their target price on Marsh & McLennan Companies from $195.00 to $190.00 and set an “equal weight” rating on the stock in a research note on Monday, April 6th. Mizuho decreased their price target on Marsh & McLennan Companies from $199.00 to $193.00 and set a “neutral” rating for the company in a research note on Monday, April 13th. Finally, Wells Fargo & Company cut their price objective on Marsh & McLennan Companies from $203.00 to $178.00 and set an “equal weight” rating for the company in a research report on Thursday, April 9th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $200.19.

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.