1,128 Shares in Marsh & McLennan Companies, Inc. (NYSE:MMC) Acquired by Advyzon Investment Management LLC

Advyzon Investment Management LLC bought a new stake in Marsh & McLennan Companies, Inc. (NYSE:MMC) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 1,128 shares of the financial services provider’s stock, valued at approximately $240,000.

Several other large investors have also modified their holdings of MMC. Carmichael Hill & Associates Inc. raised its holdings in Marsh & McLennan Companies by 85.7% in the 3rd quarter. Carmichael Hill & Associates Inc. now owns 130 shares of the financial services provider’s stock valued at $29,000 after buying an additional 60 shares during the period. Catalyst Capital Advisors LLC purchased a new stake in shares of Marsh & McLennan Companies in the 3rd quarter valued at approximately $31,000. Financial Life Planners acquired a new position in shares of Marsh & McLennan Companies in the 4th quarter worth approximately $33,000. Sierra Ocean LLC purchased a new position in shares of Marsh & McLennan Companies during the 4th quarter worth approximately $36,000. Finally, Albion Financial Group UT purchased a new stake in Marsh & McLennan Companies in the fourth quarter valued at approximately $38,000. Institutional investors and hedge funds own 87.99% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on MMC shares. Barclays lifted their price objective on Marsh & McLennan Companies from $236.00 to $246.00 and gave the company an “equal weight” rating in a research note on Thursday, November 21st. Evercore ISI restated an “outperform” rating and issued a $242.00 price objective on shares of Marsh & McLennan Companies in a report on Monday, November 25th. Keefe, Bruyette & Woods cut their price target on Marsh & McLennan Companies from $214.00 to $210.00 and set an “underperform” rating on the stock in a report on Monday, February 3rd. Royal Bank of Canada upgraded Marsh & McLennan Companies from a “sector perform” rating to an “outperform” rating and lifted their price objective for the company from $242.00 to $250.00 in a research note on Thursday, December 12th. Finally, Raymond James restated an “outperform” rating and set a $250.00 target price (up from $240.00) on shares of Marsh & McLennan Companies in a research note on Thursday, February 6th. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, Marsh & McLennan Companies has a consensus rating of “Hold” and a consensus price target of $230.44.

Marsh & McLennan Companies Price Performance

Shares of NYSE:MMC opened at $230.63 on Friday. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.13 and a current ratio of 1.13. Marsh & McLennan Companies, Inc. has a one year low of $196.17 and a one year high of $235.50. The company has a 50-day simple moving average of $217.92 and a 200-day simple moving average of $222.15. The stock has a market capitalization of $113.27 billion, a price-to-earnings ratio of 28.16, a PEG ratio of 2.37 and a beta of 0.96.

Marsh & McLennan Companies (NYSE:MMC) last posted its quarterly earnings data on Thursday, January 30th. The financial services provider reported $1.87 earnings per share for the quarter, topping analysts’ consensus estimates of $1.75 by $0.12. Marsh & McLennan Companies had a return on equity of 32.60% and a net margin of 16.60%. On average, analysts predict that Marsh & McLennan Companies, Inc. will post 9.62 EPS for the current year.

Marsh & McLennan Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Thursday, January 30th were paid a $0.815 dividend. The ex-dividend date of this dividend was Thursday, January 30th. This represents a $3.26 annualized dividend and a yield of 1.41%. Marsh & McLennan Companies’s dividend payout ratio is currently 39.80%.

Marsh & McLennan Companies Profile

Marsh & McLennan Cos., Inc is a professional services firm, which engages in offering clients advice and solutions in risk, strategy, and people. It operates through the Risk and Insurance Services, and Consulting segments. The Risk and Insurance Services segment is involved in risk management activities, as well as insurance and reinsurance broking and services.