Natixis Advisors LLC Has $167.53 Million Holdings in Marsh & McLennan Companies, Inc. (NYSE:MMC)

Natixis Advisors LLC boosted its stake in Marsh & McLennan Companies, Inc. (NYSE:MMC) by 3.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 788,731 shares of the financial services provider’s stock after purchasing an additional 29,431 shares during the quarter. Natixis Advisors LLC owned about 0.16% of Marsh & McLennan Companies worth $167,534,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the stock. FMR LLC grew its holdings in Marsh & McLennan Companies by 2.5% in the third quarter. FMR LLC now owns 21,445,110 shares of the financial services provider’s stock worth $4,784,190,000 after purchasing an additional 518,185 shares during the period. Geode Capital Management LLC lifted its stake in shares of Marsh & McLennan Companies by 2.2% in the third quarter. Geode Capital Management LLC now owns 11,905,431 shares of the financial services provider’s stock valued at $2,648,304,000 after buying an additional 251,361 shares in the last quarter. Parnassus Investments LLC lifted its stake in shares of Marsh & McLennan Companies by 2.0% in the third quarter. Parnassus Investments LLC now owns 4,274,880 shares of the financial services provider’s stock valued at $953,683,000 after buying an additional 85,754 shares in the last quarter. Amundi lifted its position in shares of Marsh & McLennan Companies by 81.1% during the fourth quarter. Amundi now owns 4,072,976 shares of the financial services provider’s stock valued at $860,824,000 after purchasing an additional 1,823,807 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its position in shares of Marsh & McLennan Companies by 4.8% during the third quarter. JPMorgan Chase & Co. now owns 3,999,771 shares of the financial services provider’s stock valued at $892,309,000 after purchasing an additional 184,239 shares in the last quarter. 87.99% of the stock is currently owned by institutional investors and hedge funds.

Marsh & McLennan Companies Price Performance

Shares of NYSE:MMC opened at $231.71 on Friday. The firm’s 50 day moving average price is $224.84 and its 200-day moving average price is $223.62. The stock has a market capitalization of $113.80 billion, a PE ratio of 28.29, a price-to-earnings-growth ratio of 2.70 and a beta of 0.95. Marsh & McLennan Companies, Inc. has a twelve month low of $196.17 and a twelve month high of $241.84. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 1.44.

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

Marsh & McLennan Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 15th. Investors of record on Thursday, April 3rd will be issued a $0.815 dividend. The ex-dividend date is Thursday, April 3rd. This represents a $3.26 annualized dividend and a dividend yield of 1.41%. Marsh & McLennan Companies’s payout ratio is currently 39.80%.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the stock. Wells Fargo & Company raised their price target on shares of Marsh & McLennan Companies from $212.00 to $223.00 and gave the company an “equal weight” rating in a research report on Friday, January 31st. Barclays lifted their target price on shares of Marsh & McLennan Companies from $236.00 to $246.00 and gave the stock an “equal weight” rating in a research note on Thursday, November 21st. Raymond James restated an “outperform” rating and issued a $250.00 price objective (up from $240.00) on shares of Marsh & McLennan Companies in a report on Thursday, February 6th. Keefe, Bruyette & Woods lowered their price target on shares of Marsh & McLennan Companies from $214.00 to $210.00 and set an “underperform” rating for the company in a report on Monday, February 3rd. Finally, Evercore ISI reiterated an “outperform” rating and set a $242.00 price target on shares of Marsh & McLennan Companies in a report on Monday, November 25th. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, Marsh & McLennan Companies has an average rating of “Hold” and a consensus price target of $230.44.

Insider Activity at Marsh & McLennan Companies

In other Marsh & McLennan Companies news, CEO Nicholas Mark Studer sold 49,390 shares of Marsh & McLennan Companies stock in a transaction dated Wednesday, March 12th. The stock was sold at an average price of $230.16, for a total value of $11,367,602.40. Following the transaction, the chief executive officer now owns 28,329 shares in the company, valued at $6,520,202.64. The trade was a 63.55 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Stacy Mills sold 1,317 shares of the business’s stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of $234.97, for a total value of $309,455.49. Following the completion of the transaction, the vice president now directly owns 2,923 shares of the company’s stock, valued at $686,817.31. The trade was a 31.06 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 57,828 shares of company stock worth $13,350,279 over the last three months. 0.30% of the stock is owned by corporate insiders.

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.