Atria Investments Inc lessened its position in Marsh & McLennan Companies, Inc. (NYSE:MRSH – Free Report) by 9.3% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 72,591 shares of the financial services provider’s stock after selling 7,413 shares during the period. Atria Investments Inc’s holdings in Marsh & McLennan Companies were worth $13,467,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Headlands Technologies LLC acquired a new position in Marsh & McLennan Companies during the 2nd quarter worth about $29,000. KERR FINANCIAL PLANNING Corp acquired a new position in Marsh & McLennan Companies during the 3rd quarter worth about $30,000. Financial Life Planners acquired a new position in Marsh & McLennan Companies during the 3rd quarter worth about $32,000. City Holding Co. acquired a new position in Marsh & McLennan Companies during the 4th quarter worth about $29,000. Finally, JPL Wealth Management LLC acquired a new position in Marsh & McLennan Companies during the 3rd quarter worth about $35,000. Institutional investors and hedge funds own 87.99% of the company’s stock.
Marsh & McLennan Companies Price Performance
Shares of MRSH stock opened at $159.99 on Friday. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 1.28. The company has a market cap of $77.08 billion, a PE ratio of 20.00, a PEG ratio of 2.32 and a beta of 0.65. The company has a 50-day moving average of $170.18. Marsh & McLennan Companies, Inc. has a one year low of $158.16 and a one year high of $235.78.
Marsh & McLennan Companies Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 15th. Investors of record on Thursday, April 9th will be given a $0.90 dividend. The ex-dividend date is Thursday, April 9th. This represents a $3.60 annualized dividend and a dividend yield of 2.3%. Marsh & McLennan Companies’s payout ratio is currently 45.00%.
Key Marsh & McLennan Companies News
Here are the key news stories impacting Marsh & McLennan Companies this week:
- Positive Sentiment: Marsh & McLennan reported strong first-quarter results earlier this year, beating EPS expectations and posting 7.6% revenue growth, which supports the company’s fundamentals and may help limit downside.
- Neutral Sentiment: No major new operating update or earnings release for MRSH was included in the latest news batch, so today’s move appears more tied to broader trading dynamics than to a fresh company announcement.
- Negative Sentiment: The stock is trading close to its 12-month low and remains below its 50-day moving average, which can signal weak technical momentum and may weigh on investor sentiment.
Insider Activity
In related news, CEO John Q. Doyle sold 16,655 shares of the business’s stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $183.30, for a total value of $3,052,861.50. Following the completion of the transaction, the chief executive officer directly owned 116,811 shares in the company, valued at approximately $21,411,456.30. The trade was a 12.48% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.38% of the company’s stock.
Wall Street Analysts Forecast Growth
MRSH has been the topic of several research reports. JPMorgan Chase & Co. reduced their price target on shares of Marsh & McLennan Companies from $226.00 to $206.00 and set an “overweight” rating on the stock in a research report on Thursday, April 9th. Barclays reduced their price target on shares of Marsh & McLennan Companies from $209.00 to $206.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 8th. Wells Fargo & Company reduced 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 report on Thursday, April 9th. Citigroup raised Marsh & McLennan Companies from a “neutral” rating to a “buy” rating and set a $200.00 price objective for the company in a report on Wednesday, May 6th. Finally, Mizuho dropped their price objective on Marsh & McLennan Companies from $199.00 to $193.00 and set a “neutral” rating for the company in a report on Monday, April 13th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, nine have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Marsh & McLennan Companies has a consensus rating of “Hold” and an average price target of $205.00.
Read Our Latest Report on MRSH
Marsh & McLennan Companies 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.
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