MainStreet Funding Advisors LLC purchased a brand new place in Marsh & McLennan Firms, Inc. (NYSE:MMC – Free Report) within the 2nd quarter, in accordance with the corporate in its most up-to-date 13F submitting with the SEC. The agency purchased 1,171 shares of the monetary providers supplier’s inventory, valued at roughly $247,000.
Quite a few different massive traders have additionally just lately modified their holdings of the enterprise. Drive Wealth Administration LLC boosted its place in shares of Marsh & McLennan Firms by 3.7% in the course of the 2nd quarter. Drive Wealth Administration LLC now owns 1,382 shares of the monetary providers supplier’s inventory valued at $291,000 after buying a further 49 shares over the past quarter. Ritholtz Wealth Administration boosted its place in shares of Marsh & McLennan Firms by 0.6% in the course of the 2nd quarter. Ritholtz Wealth Administration now owns 8,953 shares of the monetary providers supplier’s inventory valued at $1,887,000 after buying a further 51 shares over the past quarter. Evoke Wealth LLC boosted its place in shares of Marsh & McLennan Firms by 4.4% in the course of the 4th quarter. Evoke Wealth LLC now owns 1,258 shares of the monetary providers supplier’s inventory valued at $238,000 after buying a further 53 shares over the past quarter. RDA Monetary Community boosted its place in shares of Marsh & McLennan Firms by 3.1% in the course of the 1st quarter. RDA Monetary Community now owns 1,762 shares of the monetary providers supplier’s inventory valued at $363,000 after buying a further 53 shares over the past quarter. Lastly, Optas LLC boosted its place in shares of Marsh & McLennan Firms by 2.9% in the course of the 1st quarter. Optas LLC now owns 1,880 shares of the monetary providers supplier’s inventory valued at $387,000 after buying a further 53 shares over the past quarter. Institutional traders personal 87.99% of the corporate’s inventory.
Marsh & McLennan Firms Worth Efficiency
Shares of MMC inventory opened at $227.85 on Monday. The agency has a market cap of $112.05 billion, a P/E ratio of 28.91, a P/E/G ratio of three.18 and a beta of 0.94. Marsh & McLennan Firms, Inc. has a fifty-two week low of $184.02 and a fifty-two week excessive of $232.32. The enterprise’s 50 day transferring common value is $220.38 and its 200-day transferring common value is $210.65. The corporate has a debt-to-equity ratio of 0.91, a fast ratio of 1.17 and a present ratio of 1.17.
Marsh & McLennan Firms (NYSE:MMC – Get Free Report) final issued its quarterly earnings information on Thursday, July 18th. The monetary providers supplier reported $2.41 earnings per share for the quarter, topping analysts’ consensus estimates of $2.40 by $0.01. The agency had income of $6.22 billion for the quarter, in comparison with analyst estimates of $6.31 billion. Marsh & McLennan Firms had a return on fairness of 33.92% and a web margin of 16.97%. The enterprise’s quarterly income was up 5.9% in comparison with the identical quarter final 12 months. Throughout the identical interval final 12 months, the corporate earned $2.20 EPS. On common, equities analysis analysts anticipate that Marsh & McLennan Firms, Inc. will put up 8.74 earnings per share for the present 12 months.
Marsh & McLennan Firms Will increase Dividend
The corporate additionally just lately declared a quarterly dividend, which was paid on Thursday, August fifteenth. Traders of report on Monday, July fifteenth got a dividend of $0.815 per share. The ex-dividend date was Thursday, July twenty fifth. This can be a constructive change from Marsh & McLennan Firms’s earlier quarterly dividend of $0.71. This represents a $3.26 annualized dividend and a dividend yield of 1.43%. Marsh & McLennan Firms’s payout ratio is at present 41.37%.
Insider Exercise at Marsh & McLennan Firms
In associated information, VP Stacy Mills bought 4,101 shares of Marsh & McLennan Firms inventory in a transaction that occurred on Friday, August 2nd. The inventory was bought at a mean value of $225.77, for a complete transaction of $925,882.77. Following the sale, the vice chairman now immediately owns 2,923 shares within the firm, valued at $659,925.71. The transaction was disclosed in a submitting with the Securities & Change Fee, which is offered at the SEC web site. In associated information, VP Stacy Mills bought 4,101 shares of Marsh & McLennan Firms inventory in a transaction that occurred on Friday, August 2nd. The inventory was bought at a mean value of $225.77, for a complete transaction of $925,882.77. Following the sale, the vice chairman now immediately owns 2,923 shares within the firm, valued at $659,925.71. The transaction was disclosed in a submitting with the Securities & Change Fee, which is offered at the SEC web site. Additionally, SVP Paul Beswick bought 2,169 shares of the enterprise’s inventory in a transaction on Tuesday, July sixteenth. The inventory was bought at a mean value of $220.00, for a complete worth of $477,180.00. Following the completion of the sale, the senior vice chairman now immediately owns 11,861 shares within the firm, valued at $2,609,420. The disclosure for this sale could be discovered right here. Insiders have bought 27,735 shares of firm inventory price $6,151,377 during the last ninety days. 0.30% of the inventory is owned by company insiders.
Wall Avenue Analysts Forecast Development
MMC has been the subject of various analysis stories. Royal Financial institution of Canada raised their value goal on Marsh & McLennan Firms from $228.00 to $232.00 and gave the corporate a “sector carry out” score in a report on Friday, July nineteenth. Financial institution of America raised their value goal on Marsh & McLennan Firms from $223.00 to $233.00 and gave the corporate a “impartial” score in a report on Wednesday, Might twenty second. Barclays initiated protection on Marsh & McLennan Firms in a report on Wednesday, September 4th. They set an “equal weight” score and a $236.00 value goal on the inventory. Roth Mkm raised their value goal on Marsh & McLennan Firms from $200.00 to $220.00 and gave the corporate a “impartial” score in a report on Friday, July nineteenth. Lastly, JPMorgan Chase & Co. raised their value goal on Marsh & McLennan Firms from $210.00 to $230.00 and gave the corporate a “impartial” score in a report on Thursday, July eleventh. Two equities analysis analysts have rated the inventory with a promote score, twelve have issued a maintain score and 4 have issued a purchase score to the corporate’s inventory. In accordance with MarketBeat, the inventory has a mean score of “Maintain” and a mean value goal of $215.53.
View Our Newest Evaluation on MMC
Marsh & McLennan Firms Profile
Marsh & McLennan Firms, Inc, knowledgeable providers firm, gives recommendation and options to shoppers within the areas of danger, technique, and other people worldwide. It operates by way of Danger and Insurance coverage Providers, and Consulting segments. The Danger and Insurance coverage Providers phase affords danger administration providers, reminiscent of danger recommendation, danger switch, and danger management and mitigation options, in addition to insurance coverage and reinsurance broking, strategic advisory providers, and analytics options, and insurance coverage program administration providers.
Really useful Tales
Need to see what different hedge funds are holding MMC? Go to HoldingsChannel.com to get the most recent 13F filings and insider trades for Marsh & McLennan Firms, Inc. (NYSE:MMC – Free Report).
Obtain Information & Rankings for Marsh & McLennan Firms Each day – Enter your e-mail tackle under to obtain a concise day by day abstract of the most recent information and analysts’ scores for Marsh & McLennan Firms and associated corporations with MarketBeat.com’s FREE day by day e-mail publication.