AA Financial Advisors LLC Makes New Investment in Marsh & McLennan Companies, Inc. $MRSH

AA Financial Advisors LLC purchased a new position in shares of Marsh & McLennan Companies, Inc. (NYSE:MRSH) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 5,806 shares of the financial services provider’s stock, valued at approximately $1,007,000.

Other hedge funds also recently modified their holdings of the company. Vanguard Group Inc. boosted its position in shares of Marsh & McLennan Companies by 0.8% during the 4th quarter. Vanguard Group Inc. now owns 46,589,633 shares of the financial services provider’s stock worth $8,643,309,000 after purchasing an additional 387,100 shares in the last quarter. State Street Corp bought a new stake in Marsh & McLennan Companies in the 4th quarter valued at about $4,057,682,000. Capital International Investors acquired a new position in Marsh & McLennan Companies during the 4th quarter worth approximately $3,482,557,000. Capital World Investors grew its stake in Marsh & McLennan Companies by 0.5% in the third quarter. Capital World Investors now owns 17,702,898 shares of the financial services provider’s stock valued at $3,567,410,000 after acquiring an additional 92,767 shares during the period. Finally, Wellington Management Group LLP acquired a new position in shares of Marsh & McLennan Companies during the fourth quarter worth approximately $2,967,927,000. Institutional investors own 87.99% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently commented on MRSH shares. UBS Group lowered their price objective on Marsh & McLennan Companies from $230.00 to $203.00 and set a “buy” rating for the company in a research note on Tuesday, June 9th. JPMorgan Chase & Co. dropped their price objective on Marsh & McLennan Companies from $226.00 to $206.00 and set an “overweight” rating on the stock in a research note on Thursday, April 9th. Wells Fargo & Company dropped their price target on shares of Marsh & McLennan Companies from $203.00 to $178.00 and set an “equal weight” rating on the stock in a research note on Thursday, April 9th. Morgan Stanley decreased their price target on Marsh & McLennan Companies from $195.00 to $190.00 and set an “equal weight” rating on the stock in a research report on Monday, April 6th. Finally, Keefe, Bruyette & Woods raised their price objective on shares of Marsh & McLennan Companies from $200.00 to $203.00 and gave the company a “market perform” rating in a research report on Friday, April 17th. 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 assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $200.19.

Marsh & McLennan Companies Stock Performance

Shares of MRSH opened at $162.22 on Friday. Marsh & McLennan Companies, Inc. has a fifty-two week low of $156.60 and a fifty-two week high of $219.71. The company has a market capitalization of $78.37 billion, a PE ratio of 20.28, a price-to-earnings-growth ratio of 2.42 and a beta of 0.62. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.11 and a quick ratio of 1.11.

Marsh & McLennan Companies (NYSE:MRSH) last released its earnings results on Thursday, April 16th. The financial services provider reported $3.29 EPS for the quarter, beating the consensus estimate of $3.21 by $0.08. The company had revenue of $7.30 billion for the quarter. Marsh & McLennan Companies had a net margin of 14.26% and a return on equity of 31.87%. The firm’s quarterly revenue was up 7.6% on a year-over-year basis. Equities analysts expect that Marsh & McLennan Companies, Inc. will post 10.38 earnings per share for the current year.

Insider Activity at Marsh & McLennan Companies

In related news, CEO John Q. Doyle sold 16,656 shares of the company’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $161.71, for a total transaction of $2,693,441.76. Following the completion of the sale, the chief executive officer directly owned 116,811 shares in the company, valued at $18,889,506.81. This represents a 12.48% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 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 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.