1,134 Shares in Marsh & McLennan Companies, Inc. (NYSE:MMC) Purchased by Sivia Capital Partners LLC

Sivia Capital Partners LLC bought a new position in Marsh & McLennan Companies, Inc. (NYSE:MMC) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 1,134 shares of the financial services provider’s stock, valued at approximately $215,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Valley National Advisers Inc. grew its position in Marsh & McLennan Companies by 343.3% in the 4th quarter. Valley National Advisers Inc. now owns 133 shares of the financial services provider’s stock worth $25,000 after purchasing an additional 103 shares in the last quarter. Private Wealth Management Group LLC bought a new stake in Marsh & McLennan Companies in the 4th quarter worth about $26,000. Altshuler Shaham Ltd bought a new stake in Marsh & McLennan Companies in the 3rd quarter worth about $27,000. Headinvest LLC bought a new stake in Marsh & McLennan Companies in the 3rd quarter worth about $28,000. Finally, Cordant Inc. bought a new stake in Marsh & McLennan Companies in the 4th quarter worth about $28,000. Institutional investors and hedge funds own 87.99% of the company’s stock.

Insiders Place Their Bets

In other Marsh & McLennan Companies news, SVP Paul Beswick sold 2,169 shares of the business’s stock in a transaction dated Friday, May 17th. The shares were sold at an average price of $210.13, for a total value of $455,771.97. Following the transaction, the senior vice president now owns 13,030 shares in the company, valued at $2,737,993.90. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, Director Oscar Fanjul sold 6,000 shares of the company’s stock in a transaction that occurred on Thursday, June 13th. The shares were sold at an average price of $209.01, for a total value of $1,254,060.00. Following the transaction, the director now owns 53,393 shares in the company, valued at $11,159,670.93. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Paul Beswick sold 2,169 shares of the stock in a transaction that occurred on Friday, May 17th. The shares were sold at an average price of $210.13, for a total transaction of $455,771.97. Following the transaction, the senior vice president now owns 13,030 shares in the company, valued at approximately $2,737,993.90. The disclosure for this sale can be found here. 0.35% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on MMC shares. Wells Fargo & Company increased their target price on shares of Marsh & McLennan Companies from $212.00 to $213.00 and gave the company an “equal weight” rating in a research report on Friday, April 19th. Jefferies Financial Group increased their target price on shares of Marsh & McLennan Companies from $197.00 to $208.00 and gave the company a “hold” rating in a research report on Friday, April 19th. Keefe, Bruyette & Woods increased their target price on shares of Marsh & McLennan Companies from $185.00 to $188.00 and gave the company an “underperform” rating in a research report on Wednesday, April 10th. Bank of America lifted their price objective on shares of Marsh & McLennan Companies from $223.00 to $233.00 and gave the company a “neutral” rating in a research note on Wednesday, May 22nd. Finally, TD Cowen lifted their price objective on shares of Marsh & McLennan Companies from $189.00 to $201.00 and gave the company a “hold” rating in a research note on Monday, April 22nd. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $210.27.

Marsh & McLennan Companies Stock Performance

NYSE MMC opened at $211.57 on Tuesday. Marsh & McLennan Companies, Inc. has a 52-week low of $179.35 and a 52-week high of $212.00. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.14 and a current ratio of 1.14. The company has a market capitalization of $104.24 billion, a P/E ratio of 26.85, a P/E/G ratio of 2.96 and a beta of 0.93. The company has a fifty day moving average of $204.52 and a 200-day moving average of $200.24.

Marsh & McLennan Companies (NYSE:MMC) last posted its quarterly earnings results on Thursday, April 18th. The financial services provider reported $2.89 earnings per share for the quarter, topping the consensus estimate of $2.80 by $0.09. The business had revenue of $6.50 billion during the quarter, compared to the consensus estimate of $6.38 billion. Marsh & McLennan Companies had a net margin of 16.84% and a return on equity of 34.14%. The firm’s revenue for the quarter was up 9.7% on a year-over-year basis. During the same period in the previous year, the firm posted $2.53 earnings per share. As a group, equities research analysts predict that Marsh & McLennan Companies, Inc. will post 8.68 EPS for the current fiscal year.

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 through Risk and Insurance Services, and Consulting segments. 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 and reinsurance broking, strategic advisory services, and analytics solutions, and insurance program management services.