Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Marsh & McLennan Companies (MMC) Stock Price
Press coverage about Marsh & McLennan Companies (NYSE:MMC) has been trending somewhat positive recently, according to Accern Sentiment. The research firm scores the sentiment of press coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Marsh & McLennan Companies earned a daily sentiment score of 0.15 on Accern’s scale. Accern also gave news articles about the financial services provider an impact score of 46.3307206282002 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the news articles that may have impacted Accern Sentiment Analysis’s rankings:
- Is The Stock A Good Investment?: Marsh & McLennan Companies Inc (NYSE: MMC) – Alpha Beta Stock (alphabetastock.com)
- ETFs with exposure to Marsh & McLennan Cos., Inc. : November 1, 2017 (finance.yahoo.com)
- Marsh & McLennan Companies, Inc. (MMC) Director Buys $99,899.15 in Stock (americanbankingnews.com)
- Dean Aloise Re-Joins Mercer’s Pittsburgh Office as Growth Team Leader (finance.yahoo.com)
- Mercer and Oliver Wyman Join Forces to Prepare Workforces for the Digital Era (finance.yahoo.com)
Several research firms have commented on MMC. Royal Bank Of Canada reissued a “buy” rating and issued a $85.00 price objective on shares of Marsh & McLennan Companies in a research report on Tuesday, October 3rd. Wells Fargo & Company set a $91.00 price objective on Marsh & McLennan Companies and gave the company a “buy” rating in a research report on Thursday, October 26th. Deutsche Bank AG lowered Marsh & McLennan Companies from a “buy” rating to a “hold” rating and set a $83.00 price objective on the stock. in a research report on Wednesday, October 4th. Barclays PLC raised their price objective on Marsh & McLennan Companies from $92.00 to $93.00 and gave the company an “overweight” rating in a research report on Monday, October 16th. Finally, Zacks Investment Research raised Marsh & McLennan Companies from a “sell” rating to a “hold” rating and set a $95.00 price objective on the stock in a research report on Monday, October 2nd. One analyst has rated the stock with a sell rating, five have given a hold rating and nine have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $83.75.
Shares of Marsh & McLennan Companies (NYSE:MMC) opened at $82.38 on Friday. The company has a market cap of $42.70 billion, a price-to-earnings ratio of 22.25, a PEG ratio of 1.78 and a beta of 1.01. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.37 and a quick ratio of 1.42.
Marsh & McLennan Companies (NYSE:MMC) last announced its quarterly earnings data on Thursday, October 26th. The financial services provider reported $0.79 EPS for the quarter, topping the Zacks’ consensus estimate of $0.78 by $0.01. Marsh & McLennan Companies had a return on equity of 28.88% and a net margin of 13.86%. The firm had revenue of $3.34 billion for the quarter, compared to the consensus estimate of $3.31 billion. During the same quarter last year, the business posted $0.69 earnings per share. The firm’s revenue was up 6.6% compared to the same quarter last year. research analysts forecast that Marsh & McLennan Companies will post 3.82 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 15th. Investors of record on Tuesday, October 10th will be given a dividend of $0.375 per share. The ex-dividend date of this dividend is Friday, October 6th. This represents a $1.50 dividend on an annualized basis and a yield of 1.82%. Marsh & McLennan Companies’s payout ratio is 41.10%.
In related news, Director Marc D. Oken acquired 1,235 shares of Marsh & McLennan Companies stock in a transaction that occurred on Monday, October 30th. The shares were purchased at an average price of $80.89 per share, for a total transaction of $99,899.15. Following the completion of the transaction, the director now owns 40,120 shares in the company, valued at approximately $3,245,306.80. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP E Scott Gilbert sold 30,000 shares of Marsh & McLennan Companies stock in a transaction that occurred on Monday, August 21st. The stock was sold at an average price of $77.31, for a total value of $2,319,300.00. Following the transaction, the senior vice president now owns 68,427 shares in the company, valued at approximately $5,290,091.37. The disclosure for this sale can be found here. Company insiders own 1.46% of the company’s stock.
About Marsh & McLennan Companies
Marsh & McLennan Companies, Inc is a professional services firm offering clients advice and solutions in risk, strategy and people. The Company is the parent company of various risk advisors and specialty consultants, including Marsh, the insurance broker; Guy Carpenter, the risk and reinsurance specialist; Mercer, the provider of human resource and investment related financial advice and services, and Oliver Wyman Group, the management and economic consultancy.
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