WINTON GROUP Ltd Buys New Stake in Marsh & McLennan Companies, Inc. $MRSH

WINTON GROUP Ltd bought a new stake in Marsh & McLennan Companies, Inc. (NYSE:MRSH) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 37,235 shares of the financial services provider’s stock, valued at approximately $6,908,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. EULAV Asset Management purchased a new stake in Marsh & McLennan Companies in the 4th quarter valued at approximately $24,489,000. Prestige Wealth Management Group LLC purchased a new stake in Marsh & McLennan Companies in the 4th quarter valued at approximately $260,000. Horizon Bancorp Inc. IN purchased a new stake in Marsh & McLennan Companies in the 4th quarter valued at approximately $183,000. Livforsakringsbolaget Skandia Omsesidigt purchased a new stake in Marsh & McLennan Companies in the 4th quarter valued at approximately $619,000. Finally, SlateStone Wealth LLC acquired a new position in Marsh & McLennan Companies in the 4th quarter valued at $287,000. Hedge funds and other institutional investors own 87.99% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on MRSH shares. Citigroup upgraded Marsh & McLennan Companies from a “neutral” rating to a “buy” rating and set a $200.00 price target for the company in a report on Wednesday, May 6th. Barclays cut their price target on Marsh & McLennan Companies from $209.00 to $206.00 and set an “overweight” rating for the company in a report on Wednesday, April 8th. Mizuho cut their price target 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. Morgan Stanley cut their price target on Marsh & McLennan Companies from $195.00 to $190.00 and set an “equal weight” rating for the company in a report on Monday, April 6th. Finally, Bank of America cut their price target on Marsh & McLennan Companies from $181.00 to $174.00 and set an “underperform” rating for the company in a report on Tuesday, April 14th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $203.56.

Marsh & McLennan Companies Stock Performance

MRSH stock opened at $165.37 on Friday. The firm has a market cap of $79.89 billion, a PE ratio of 20.67, a PEG ratio of 2.35 and a beta of 0.62. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.11 and a quick ratio of 1.11. Marsh & McLennan Companies, Inc. has a 52 week low of $156.60 and a 52 week high of $231.36.

Marsh & McLennan Companies (NYSE:MRSH) last released its quarterly earnings data on Thursday, April 16th. The financial services provider reported $3.29 EPS for the quarter, topping analysts’ consensus estimates of $3.21 by $0.08. The business had revenue of $7.30 billion during the quarter. Marsh & McLennan Companies had a return on equity of 31.87% and a net margin of 14.26%.The business’s revenue for the quarter was up 7.6% on a year-over-year basis. Research analysts expect that Marsh & McLennan Companies, Inc. will post 10.38 EPS for the current year.

Insider Activity at Marsh & McLennan Companies

In other news, CEO John Q. Doyle sold 16,656 shares of the company’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $161.71, for a total transaction of $2,693,441.76. Following the completion of the sale, the chief executive officer directly owned 116,811 shares in the company, valued at $18,889,506.81. This represents a 12.48% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.38% of the stock is currently owned by insiders.

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.