Orange Investment Advisors Inc. Sells 14,375 Shares of Marsh & McLennan Companies, Inc. $MRSH

Orange Investment Advisors Inc. reduced its stake in shares of Marsh & McLennan Companies, Inc. (NYSE:MRSH) by 30.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 32,697 shares of the financial services provider’s stock after selling 14,375 shares during the quarter. Orange Investment Advisors Inc.’s holdings in Marsh & McLennan Companies were worth $6,066,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. City Holding Co. purchased a new stake in Marsh & McLennan Companies in the fourth quarter worth about $29,000. Headlands Technologies LLC purchased a new position in shares of Marsh & McLennan Companies in the 2nd quarter valued at approximately $29,000. KERR FINANCIAL PLANNING Corp purchased a new stake in Marsh & McLennan Companies in the third quarter worth $30,000. Financial Life Planners purchased a new position in Marsh & McLennan Companies during the third quarter valued at $32,000. Finally, Elyxium Wealth LLC purchased a new stake in shares of Marsh & McLennan Companies in the 4th quarter worth about $34,000. Institutional investors own 87.99% of the company’s stock.

Insiders Place Their Bets

In other news, CEO John Q. Doyle sold 16,655 shares of the firm’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $183.30, for a total value of $3,052,861.50. Following the transaction, the chief executive officer directly owned 116,811 shares in the company, valued at $21,411,456.30. This trade represents a 12.48% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 0.38% of the company’s stock.

Marsh & McLennan Companies Trading Up 0.0%

Shares of MRSH opened at $165.17 on Friday. The stock has a market cap of $79.58 billion, a P/E ratio of 20.65, a price-to-earnings-growth ratio of 2.38 and a beta of 0.65. The company’s fifty day simple moving average is $168.53. Marsh & McLennan Companies, Inc. has a 12 month low of $158.16 and a 12 month high of $235.78. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 1.28.

Marsh & McLennan Companies (NYSE:MRSH) last released its quarterly earnings data on Thursday, April 16th. The financial services provider reported $3.29 EPS for the quarter, beating the consensus estimate of $3.21 by $0.08. Marsh & McLennan Companies had a return on equity of 31.87% and a net margin of 14.26%.The company had revenue of $7.30 billion for the quarter. The firm’s revenue was up 7.6% compared to the same quarter last year. As a group, research analysts forecast that Marsh & McLennan Companies, Inc. will post 10.37 EPS for the current year.

Marsh & McLennan Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Thursday, April 9th were given a dividend of $0.90 per share. The ex-dividend date was Thursday, April 9th. This represents a $3.60 dividend on an annualized basis and a yield of 2.2%. Marsh & McLennan Companies’s dividend payout ratio is 45.00%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on MRSH shares. Weiss Ratings lowered shares of Marsh & McLennan Companies from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, May 11th. Cantor Fitzgerald boosted their price target on Marsh & McLennan Companies from $208.00 to $212.00 and gave the stock an “overweight” rating in a research report on Monday, February 2nd. Wells Fargo & Company reduced their price objective on Marsh & McLennan Companies from $203.00 to $178.00 and set an “equal weight” rating for the company in a research report on Thursday, April 9th. Bank of America dropped their target price on Marsh & McLennan Companies from $181.00 to $174.00 and set an “underperform” rating on the stock in a report on Tuesday, April 14th. Finally, Mizuho lowered their price target on Marsh & McLennan Companies from $199.00 to $193.00 and set a “neutral” rating for the company in a research report on Monday, April 13th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Marsh & McLennan Companies has a consensus rating of “Hold” and an average price target of $205.00.

Marsh & McLennan Companies Company Profile

Marsh & McLennan Companies (NYSE: MMC) is a global professional services firm headquartered in New York City that provides advice and solutions in the areas of risk, strategy and people. Founded in 1905, the company has grown into a diversified group of businesses focused on insurance brokerage and risk management, reinsurance, human capital and investment consulting, and management consulting. Its long history and scale position it as a prominent adviser to corporations, governments and other institutions seeking to manage risk and optimize human and financial capital.

The firm operates through several well-known subsidiaries and business units that specialize in distinct services.