Somewhat Favorable News Coverage Somewhat Unlikely to Affect Marsh & McLennan Companies (MMC) Stock Price

News articles about Marsh & McLennan Companies (NYSE:MMC) have been trending somewhat positive this week, according to Accern Sentiment. The research group identifies negative and positive press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Marsh & McLennan Companies earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned news coverage about the financial services provider an impact score of 46.6382670826571 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Here are some of the news articles that may have effected Accern Sentiment’s rankings:

A number of research firms have issued reports on MMC. Royal Bank Of Canada reissued a “buy” rating and set a $85.00 price target on shares of Marsh & McLennan Companies in a research report on Friday, July 28th. Keefe, Bruyette & Woods reissued a “buy” rating and set a $83.00 price target on shares of Marsh & McLennan Companies in a research report on Friday, August 18th. Zacks Investment Research raised Marsh & McLennan Companies from a “sell” rating to a “hold” rating and set a $95.00 price target for the company in a research report on Monday, October 2nd. Wells Fargo & Company reissued a “buy” rating on shares of Marsh & McLennan Companies in a research report on Wednesday, August 9th. Finally, Jefferies Group LLC reissued a “hold” rating on shares of Marsh & McLennan Companies in a research report on Sunday, October 29th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and seven have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $84.39.

Shares of Marsh & McLennan Companies (NYSE:MMC) traded down $0.46 during midday trading on Thursday, hitting $83.14. The stock had a trading volume of 1,822,200 shares, compared to its average volume of 1,789,005. Marsh & McLennan Companies has a 52 week low of $66.75 and a 52 week high of $84.90. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.37 and a quick ratio of 1.37. The stock has a market capitalization of $42,490.00, a P/E ratio of 22.23, a price-to-earnings-growth ratio of 1.78 and a beta of 1.01.

Marsh & McLennan Companies (NYSE:MMC) last issued its earnings results on Thursday, October 26th. The financial services provider reported $0.79 earnings per share for the quarter, topping the Thomson Reuters’ 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 company had revenue of $3.34 billion during the quarter, compared to the consensus estimate of $3.31 billion. During the same quarter in the prior year, the business earned $0.69 earnings per share. The company’s revenue was up 6.6% compared to the same quarter last year. sell-side analysts expect that Marsh & McLennan Companies will post 3.82 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 15th. Investors of record on Tuesday, October 10th were paid a $0.375 dividend. This represents a $1.50 annualized dividend and a dividend yield of 1.80%. The ex-dividend date was Friday, October 6th. Marsh & McLennan Companies’s dividend payout ratio (DPR) is 41.10%.

In other Marsh & McLennan Companies news, Director Marc D. Oken purchased 1,235 shares of the business’s stock in a transaction that occurred on Monday, October 30th. The shares were acquired at an average price of $80.89 per share, for a total transaction of $99,899.15. Following the completion of the purchase, 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 SEC, which can be accessed through the SEC website. Also, SVP E Scott Gilbert sold 30,000 shares of the business’s stock in a transaction dated 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 completion of 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. Insiders own 1.46% of the company’s stock.

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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.

Insider Buying and Selling by Quarter for Marsh & McLennan Companies (NYSE:MMC)

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