Strategic Blueprint LLC elevated its place in Marsh & McLennan Corporations, Inc. (NYSE:MMC – Free Report) by 7.8% within the second quarter, in line with the corporate in its most up-to-date Kind 13F submitting with the Securities and Change Fee (SEC). The fund owned 3,677 shares of the monetary companies supplier’s inventory after shopping for an extra 266 shares throughout the interval. Strategic Blueprint LLC’s holdings in Marsh & McLennan Corporations have been value $775,000 as of its most up-to-date SEC submitting.
Different institutional traders additionally just lately purchased and offered shares of the corporate. Parnassus Investments LLC lifted its holdings in shares of Marsh & McLennan Corporations by 0.3% throughout the 4th quarter. Parnassus Investments LLC now owns 4,259,567 shares of the monetary companies supplier’s inventory value $807,060,000 after buying an extra 11,459 shares throughout the interval. Raymond James & Associates raised its place in shares of Marsh & McLennan Corporations by 2.6% within the 2nd quarter. Raymond James & Associates now owns 925,411 shares of the monetary companies supplier’s inventory value $195,003,000 after shopping for an extra 23,133 shares throughout the interval. Veritas Funding Companions UK Ltd. boosted its holdings in Marsh & McLennan Corporations by 16.9% within the fourth quarter. Veritas Funding Companions UK Ltd. now owns 1,404,598 shares of the monetary companies supplier’s inventory valued at $266,134,000 after buying an extra 203,017 shares over the last quarter. Nordea Funding Administration AB elevated its stake in Marsh & McLennan Corporations by 12.4% throughout the first quarter. Nordea Funding Administration AB now owns 906,976 shares of the monetary companies supplier’s inventory value $187,218,000 after buying an extra 100,378 shares over the last quarter. Lastly, Weiss Asset Administration LP acquired a brand new place in shares of Marsh & McLennan Corporations within the 4th quarter valued at about $3,465,000. 87.99% of the inventory is presently owned by institutional traders and hedge funds.
Insider Shopping for and Promoting at Marsh & McLennan Corporations
In associated information, CFO Mark C. Mcgivney offered 10,265 shares of the enterprise’s inventory in a transaction that occurred on Friday, August 2nd. The shares have been offered at a median value of $226.41, for a complete worth of $2,324,098.65. Following the sale, the chief monetary officer now straight owns 33,678 shares within the firm, valued at roughly $7,625,035.98. The transaction was disclosed in a authorized submitting with the Securities & Change Fee, which could be accessed via the SEC web site. In associated information, CFO Mark C. Mcgivney offered 10,265 shares of the enterprise’s inventory in a transaction that occurred on Friday, August 2nd. The shares have been offered at a median value of $226.41, for a complete worth of $2,324,098.65. Following the sale, the chief monetary officer now straight owns 33,678 shares within the firm, valued at roughly $7,625,035.98. The transaction was disclosed in a authorized submitting with the Securities & Change Fee, which could be accessed via the SEC web site. Additionally, Director Oscar Fanjul offered 6,000 shares of the enterprise’s inventory in a transaction that occurred on Thursday, June thirteenth. The inventory was offered at a median value of $209.01, for a complete transaction of $1,254,060.00. Following the completion of the sale, the director now owns 53,393 shares within the firm, valued at $11,159,670.93. The disclosure for this sale could be discovered right here. Within the final 90 days, insiders have offered 27,735 shares of firm inventory valued at $6,151,377. Firm insiders personal 0.30% of the corporate’s inventory.
Marsh & McLennan Corporations Inventory Up 0.5 %
MMC inventory opened at $227.06 on Friday. The corporate has a fast ratio of 1.17, a present ratio of 1.17 and a debt-to-equity ratio of 0.91. Marsh & McLennan Corporations, Inc. has a fifty-two week low of $184.02 and a fifty-two week excessive of $228.47. The agency’s 50-day easy shifting common is $218.20 and its 200 day easy shifting common is $209.14. The inventory has a market cap of $111.88 billion, a PE ratio of 28.81, a price-to-earnings-growth ratio of three.20 and a beta of 0.94.
Marsh & McLennan Corporations (NYSE:MMC – Get Free Report) final launched its earnings outcomes on Thursday, July 18th. The monetary companies supplier reported $2.41 EPS for the quarter, beating the consensus estimate of $2.40 by $0.01. The agency had income of $6.22 billion for the quarter, in comparison with analysts’ expectations of $6.31 billion. Marsh & McLennan Corporations had a web margin of 16.97% and a return on fairness of 33.92%. Marsh & McLennan Corporations’s quarterly income was up 5.9% on a year-over-year foundation. Throughout the identical quarter final yr, the corporate earned $2.20 EPS. As a bunch, sell-side analysts predict that Marsh & McLennan Corporations, Inc. will submit 8.73 EPS for the present yr.
Marsh & McLennan Corporations Will increase Dividend
The enterprise additionally just lately introduced a quarterly dividend, which was paid on Thursday, August fifteenth. Shareholders of report on Monday, July fifteenth have been paid a dividend of $0.815 per share. This can be a increase from Marsh & McLennan Corporations’s earlier quarterly dividend of $0.71. The ex-dividend date was Thursday, July twenty fifth. This represents a $3.26 annualized dividend and a yield of 1.44%. Marsh & McLennan Corporations’s dividend payout ratio (DPR) is presently 41.37%.
Analyst Upgrades and Downgrades
MMC has been the topic of quite a lot of analysis analyst stories. Royal Financial institution of Canada elevated their goal value on shares of Marsh & McLennan Corporations from $228.00 to $232.00 and gave the inventory a “sector carry out” ranking in a analysis report on Friday, July nineteenth. Financial institution of America lifted their goal value on shares of Marsh & McLennan Corporations from $223.00 to $233.00 and gave the corporate a “impartial” ranking in a report on Wednesday, Could twenty second. Roth Mkm raised their value goal on Marsh & McLennan Corporations from $200.00 to $220.00 and gave the corporate a “impartial” ranking in a analysis report on Friday, July nineteenth. Lastly, JPMorgan Chase & Co. elevated their goal value on Marsh & McLennan Corporations from $210.00 to $230.00 and gave the corporate a “impartial” ranking in a analysis word on Thursday, July eleventh. Two equities analysis analysts have rated the inventory with a promote ranking, eleven have issued a maintain ranking and 4 have issued a purchase ranking to the corporate. Primarily based on information from MarketBeat.com, the corporate has a consensus ranking of “Maintain” and a median goal value of $214.25.
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About Marsh & McLennan Corporations
Marsh & McLennan Corporations, Inc, an expert companies firm, supplies recommendation and options to purchasers within the areas of threat, technique, and folks worldwide. It operates via Danger and Insurance coverage Companies, and Consulting segments. The Danger and Insurance coverage Companies phase provides threat administration companies, comparable to threat recommendation, threat switch, and threat management and mitigation options, in addition to insurance coverage and reinsurance broking, strategic advisory companies, and analytics options, and insurance coverage program administration companies.
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