Focus Partners Advisor Solutions LLC Has $2.43 Million Stake in Marsh & McLennan Companies, Inc. $MRSH

Focus Partners Advisor Solutions LLC boosted its holdings in shares of Marsh & McLennan Companies, Inc. (NYSE:MRSH) by 99.1% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,047 shares of the financial services provider’s stock after buying an additional 5,997 shares during the period. Focus Partners Advisor Solutions LLC’s holdings in Marsh & McLennan Companies were worth $2,428,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in MRSH. Brighton Jones LLC increased its stake in Marsh & McLennan Companies by 51.2% in the fourth quarter. Brighton Jones LLC now owns 8,738 shares of the financial services provider’s stock valued at $1,856,000 after acquiring an additional 2,960 shares during the period. Bison Wealth LLC boosted its holdings in Marsh & McLennan Companies by 39.6% during the fourth quarter. Bison Wealth LLC now owns 3,064 shares of the financial services provider’s stock valued at $651,000 after purchasing an additional 869 shares in the last quarter. Sigma Planning Corp grew its stake in shares of Marsh & McLennan Companies by 12.2% in the 2nd quarter. Sigma Planning Corp now owns 2,529 shares of the financial services provider’s stock valued at $553,000 after purchasing an additional 275 shares during the period. Westside Investment Management Inc. raised its holdings in shares of Marsh & McLennan Companies by 363.3% in the 2nd quarter. Westside Investment Management Inc. now owns 139 shares of the financial services provider’s stock worth $30,000 after buying an additional 109 shares in the last quarter. Finally, Huntington National Bank lifted its position in shares of Marsh & McLennan Companies by 0.8% during the 2nd quarter. Huntington National Bank now owns 39,013 shares of the financial services provider’s stock worth $8,530,000 after buying an additional 311 shares during the period. Institutional investors and hedge funds own 87.99% of the company’s stock.

Marsh & McLennan Companies Trading Down 0.1%

Shares of NYSE MRSH opened at $184.62 on Thursday. Marsh & McLennan Companies, Inc. has a 12-month low of $170.37 and a 12-month high of $248.00. The company has a debt-to-equity ratio of 1.20, a quick ratio of 1.10 and a current ratio of 1.10. The stock has a market cap of $89.38 billion, a P/E ratio of 21.90, a P/E/G ratio of 2.59 and a beta of 0.74.

Marsh & McLennan Companies (NYSE:MRSH) last announced its earnings results on Thursday, January 29th. The financial services provider reported $2.12 earnings per share for the quarter, topping analysts’ consensus estimates of $1.97 by $0.15. Marsh & McLennan Companies had a net margin of 15.42% and a return on equity of 31.60%. The company had revenue of $6.60 billion during the quarter, compared to the consensus estimate of $6.52 billion. During the same period in the previous year, the firm posted $1.87 earnings per share. The company’s revenue was up 8.7% on a year-over-year basis. Research analysts expect that Marsh & McLennan Companies, Inc. will post 9.61 EPS for the current fiscal year.

Marsh & McLennan Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 15th. Shareholders of record on Thursday, April 9th will be given a $0.90 dividend. This represents a $3.60 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date is Thursday, April 9th. Marsh & McLennan Companies’s dividend payout ratio (DPR) is presently 42.70%.

Analysts Set New Price Targets

MRSH has been the topic of a number of analyst reports. Keefe, Bruyette & Woods upped their price target on Marsh & McLennan Companies from $205.00 to $206.00 and gave the company a “market perform” rating in a research report on Monday, February 2nd. Weiss Ratings assumed coverage on shares of Marsh & McLennan Companies in a research note on Thursday, January 29th. They issued a “hold (c)” rating on the stock. Mizuho reiterated a “neutral” rating and set a $199.00 target price (down from $213.00) on shares of Marsh & McLennan Companies in a research report on Friday, February 27th. Wells Fargo & Company boosted their price target on shares of Marsh & McLennan Companies from $199.00 to $203.00 and gave the company an “equal weight” rating in a research report on Friday, January 30th. Finally, Cantor Fitzgerald upped their price objective on shares of Marsh & McLennan Companies from $208.00 to $212.00 and gave the stock an “overweight” rating in a research note on Monday, February 2nd. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $216.18.

Marsh & McLennan Companies Company 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.