Media headlines about Marsh & McLennan Companies (NYSE:MMC) have trended somewhat positive on Friday, Accern Sentiment reports. The research group scores the sentiment of media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Marsh & McLennan Companies earned a media sentiment score of 0.17 on Accern’s scale. Accern also assigned media coverage about the financial services provider an impact score of 46.0268277727383 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Here are some of the media stories that may have impacted Accern Sentiment’s analysis:
- Marsh & McLennan Companies (MMC) Downgraded by Zacks Investment Research (americanbankingnews.com)
- Is It Time To Sell Marsh & McLennan Companies Inc (NYSE:MMC) Based Off Its PE Ratio? (finance.yahoo.com)
- Oliver Wyman Boosts Digital Offering with Acquisition of Draw (finance.yahoo.com)
- FEMA signs pact with reinsurers to take on $1.46 billion in flood risk (investing.com)
MMC has been the subject of several recent research reports. Wells Fargo & Co set a $91.00 price target on Marsh & McLennan Companies and gave the company a “buy” rating in a research report on Thursday, October 26th. Royal Bank of Canada reiterated a “buy” rating and set a $93.00 price target on shares of Marsh & McLennan Companies in a research report on Friday, December 8th. UBS Group cut Marsh & McLennan Companies from a “buy” rating to a “neutral” rating in a research report on Wednesday, December 6th. Deutsche Bank cut Marsh & McLennan Companies from a “buy” rating to a “hold” rating and set a $83.00 price target for the company. in a research report on Wednesday, October 4th. Finally, Barclays lifted their price target on Marsh & McLennan Companies from $92.00 to $93.00 and gave the company an “overweight” rating in a research report on Monday, October 16th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and six have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $86.00.
Marsh & McLennan Companies (NYSE:MMC) last announced its quarterly earnings results on Thursday, October 26th. The financial services provider reported $0.79 earnings per share for the quarter, beating the 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 analysts’ expectations of $3.31 billion. During the same period last year, the business earned $0.69 earnings per share. Marsh & McLennan Companies’s quarterly revenue was up 6.6% on a year-over-year basis. research analysts anticipate that Marsh & McLennan Companies will post 3.82 EPS for the current year.
In other Marsh & McLennan Companies news, insider Daniel S. Glaser sold 618,557 shares of the firm’s stock in a transaction that occurred on Tuesday, December 19th. The stock was sold at an average price of $82.80, for a total value of $51,216,519.60. Following the sale, the insider now directly owns 279,367 shares of the company’s stock, valued at $23,131,587.60. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Marc D. Oken acquired 1,235 shares of the company’s stock in a transaction on Monday, October 30th. The stock was acquired at an average cost of $80.89 per share, for a total transaction of $99,899.15. Following the completion of the acquisition, the director now owns 40,120 shares of the company’s stock, valued at approximately $3,245,306.80. The disclosure for this purchase can be found here. 1.46% of the stock is currently owned by company insiders.
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Marsh & McLennan Companies Company Profile
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.
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