YHB Investment Advisors Inc. Sells 49 Shares of Marsh & McLennan Companies, Inc. (NYSE:MMC)

YHB Investment Advisors Inc. lowered its holdings in shares of Marsh & McLennan Companies, Inc. (NYSE:MMC) by 3.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,340 shares of the financial services provider’s stock after selling 49 shares during the quarter. YHB Investment Advisors Inc.’s holdings in Marsh & McLennan Companies were worth $285,000 as of its most recent SEC filing.

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

Marsh & McLennan Companies Trading Down 1.3 %

Shares of Marsh & McLennan Companies stock opened at $220.84 on Wednesday. Marsh & McLennan Companies, Inc. has a 12-month low of $189.90 and a 12-month high of $235.50. The firm’s 50 day simple moving average is $218.00 and its two-hundred day simple moving average is $221.40. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.89. The firm has a market capitalization of $108.46 billion, a price-to-earnings ratio of 27.20, a PEG ratio of 2.27 and a beta of 0.96.

Marsh & McLennan Companies Announces Dividend

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

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. Jefferies Financial Group lifted their price objective on Marsh & McLennan Companies from $219.00 to $222.00 and gave the company a “hold” rating in a report on Wednesday, October 9th. The Goldman Sachs Group set a $220.00 price target on shares of Marsh & McLennan Companies and gave the stock a “sell” rating in a research report on Friday, October 18th. BMO Capital Markets lifted their price objective on shares of Marsh & McLennan Companies from $217.00 to $228.00 and gave the company a “market perform” rating in a report on Tuesday, October 22nd. JPMorgan Chase & Co. upped their target price on Marsh & McLennan Companies from $230.00 to $235.00 and gave the stock a “neutral” rating in a report on Friday, January 3rd. Finally, Wells Fargo & Company cut their price target on Marsh & McLennan Companies from $212.00 to $211.00 and set an “equal weight” rating on the stock in a report on Thursday, October 10th. Two analysts have rated the stock with a sell rating, ten have given a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $228.60.

About Marsh & McLennan Companies

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.