Robeco Institutional Asset Management B.V. Boosts Stake in Marsh & McLennan Companies, Inc. (NYSE:MMC)

Robeco Institutional Asset Management B.V. increased its holdings in Marsh & McLennan Companies, Inc. (NYSE:MMC) by 1.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,673,831 shares of the financial services provider’s stock after acquiring an additional 23,395 shares during the quarter. Marsh & McLennan Companies makes up 0.7% of Robeco Institutional Asset Management B.V.’s portfolio, making the stock its 28th biggest position. Robeco Institutional Asset Management B.V. owned 0.34% of Marsh & McLennan Companies worth $355,538,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Carmichael Hill & Associates Inc. lifted its holdings in Marsh & McLennan Companies by 85.7% during the 3rd quarter. Carmichael Hill & Associates Inc. now owns 130 shares of the financial services provider’s stock worth $29,000 after buying an additional 60 shares during the last quarter. Catalyst Capital Advisors LLC acquired a new stake in shares of Marsh & McLennan Companies during the 3rd quarter valued at approximately $31,000. Albion Financial Group UT acquired a new position in Marsh & McLennan Companies in the fourth quarter worth $38,000. Capital Performance Advisors LLP bought a new stake in Marsh & McLennan Companies during the third quarter valued at $41,000. Finally, Bangor Savings Bank acquired a new stake in shares of Marsh & McLennan Companies during the third quarter worth $46,000. Hedge funds and other institutional investors own 87.99% of the company’s stock.

Marsh & McLennan Companies Price Performance

NYSE MMC opened at $220.84 on Wednesday. The firm has a market capitalization of $108.46 billion, a PE ratio of 27.20, a P/E/G ratio of 2.27 and a beta of 0.96. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.14 and a quick ratio of 1.14. Marsh & McLennan Companies, Inc. has a 12 month low of $189.90 and a 12 month high of $235.50. The company’s 50 day simple moving average is $218.01 and its 200 day simple moving average is $221.41.

Marsh & McLennan Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 14th. Shareholders of record on Thursday, January 30th will be given a $0.815 dividend. This represents a $3.26 annualized dividend and a yield of 1.48%. The ex-dividend date is Thursday, January 30th. Marsh & McLennan Companies’s dividend payout ratio (DPR) is presently 40.15%.

Analyst Ratings Changes

MMC has been the subject of a number of recent research reports. JPMorgan Chase & Co. boosted their price objective on shares of Marsh & McLennan Companies from $230.00 to $235.00 and gave the company a “neutral” rating in a research report on Friday, January 3rd. Roth Mkm upped their target price on Marsh & McLennan Companies from $220.00 to $230.00 and gave the company a “neutral” rating in a report on Friday, October 18th. The Goldman Sachs Group set a $220.00 price objective on Marsh & McLennan Companies and gave the company a “sell” rating in a research report on Friday, October 18th. Evercore ISI reaffirmed an “outperform” rating and issued a $242.00 target price on shares of Marsh & McLennan Companies in a research report on Monday, November 25th. Finally, Bank of America upped their price target on shares of Marsh & McLennan Companies from $248.00 to $250.00 and gave the stock a “neutral” rating in a research report on Thursday, October 10th. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $228.60.

Marsh & McLennan Companies Company 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.