Inceptionr LLC Has $1.91 Million Stock Position in Marsh & McLennan Companies, Inc. (NYSE:MMC)

Inceptionr LLC lifted its stake in Marsh & McLennan Companies, Inc. (NYSE:MMC) by 147.4% during the 4th quarter, HoldingsChannel reports. The fund owned 8,974 shares of the financial services provider’s stock after buying an additional 5,347 shares during the period. Marsh & McLennan Companies comprises approximately 0.4% of Inceptionr LLC’s portfolio, making the stock its 28th biggest holding. Inceptionr LLC’s holdings in Marsh & McLennan Companies were worth $1,906,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of MMC. Catalyst Capital Advisors LLC acquired a new stake in Marsh & McLennan Companies during the third quarter worth $31,000. Financial Life Planners acquired a new stake in Marsh & McLennan Companies during the fourth quarter worth $33,000. Sierra Ocean LLC acquired a new stake in Marsh & McLennan Companies during the fourth quarter worth $36,000. Albion Financial Group UT acquired a new stake in Marsh & McLennan Companies during the fourth quarter worth $38,000. Finally, Capital Performance Advisors LLP bought a new position in shares of Marsh & McLennan Companies during the third quarter valued at $41,000. Institutional investors and hedge funds own 87.99% of the company’s stock.

Analysts Set New Price Targets

MMC has been the subject of a number of analyst reports. JPMorgan Chase & Co. lifted their price objective on Marsh & McLennan Companies from $230.00 to $235.00 and gave the company a “neutral” rating in a report on Friday, January 3rd. 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 report on Thursday, November 21st. Wells Fargo & Company lifted their price objective on Marsh & McLennan Companies from $212.00 to $223.00 and gave the company an “equal weight” rating in a report on Friday, January 31st. Raymond James reissued an “outperform” rating and set a $250.00 price objective (up from $240.00) on shares of Marsh & McLennan Companies in a report on Thursday, February 6th. Finally, Keefe, Bruyette & Woods cut their price target on Marsh & McLennan Companies from $214.00 to $210.00 and set an “underperform” rating for the company in a report on Monday, February 3rd. Two 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 company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $230.44.

Marsh & McLennan Companies Stock Performance

Shares of NYSE:MMC opened at $237.95 on Thursday. The stock has a market capitalization of $116.86 billion, a P/E ratio of 29.05, a P/E/G ratio of 2.70 and a beta of 0.96. Marsh & McLennan Companies, Inc. has a 1-year low of $196.17 and a 1-year high of $241.84. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 1.44. The business has a 50-day moving average price of $221.95 and a two-hundred day moving average price of $223.18.

Marsh & McLennan Companies (NYSE:MMC) last announced its quarterly earnings data on Thursday, January 30th. The financial services provider reported $1.87 earnings per share for the quarter, topping the consensus estimate of $1.75 by $0.12. Marsh & McLennan Companies had a return on equity of 32.60% and a net margin of 16.60%. Equities analysts predict that Marsh & McLennan Companies, Inc. will post 9.61 earnings per share for the current year.

Marsh & McLennan Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Thursday, January 30th were issued a dividend of $0.815 per share. The ex-dividend date of this dividend was Thursday, January 30th. This represents a $3.26 annualized dividend and a yield of 1.37%. 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.