News headlines about Marsh & McLennan Companies (NYSE:MMC) have trended somewhat positive on Saturday, Accern Sentiment Analysis reports. Accern rates the sentiment of press coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Marsh & McLennan Companies earned a media sentiment score of 0.09 on Accern’s scale. Accern also assigned media headlines about the financial services provider an impact score of 46.414862665487 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the news stories that may have effected Accern’s rankings:
Shares of MMC stock traded down $1.42 during trading hours on Friday, reaching $80.72. The stock had a trading volume of 1,915,953 shares, compared to its average volume of 1,685,397. The company has a quick ratio of 1.31, a current ratio of 1.30 and a debt-to-equity ratio of 0.70. Marsh & McLennan Companies has a twelve month low of $71.79 and a twelve month high of $86.54. The stock has a market cap of $41,696.02, a PE ratio of 20.59, a price-to-earnings-growth ratio of 1.48 and a beta of 0.97.
Marsh & McLennan Companies (NYSE:MMC) last released its quarterly earnings data on Thursday, February 1st. The financial services provider reported $1.05 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.95 by $0.10. Marsh & McLennan Companies had a net margin of 10.64% and a return on equity of 28.80%. The business had revenue of $3.69 billion for the quarter, compared to analysts’ expectations of $3.57 billion. During the same quarter last year, the company earned $0.89 EPS. The company’s revenue for the quarter was up 9.5% compared to the same quarter last year. equities analysts forecast that Marsh & McLennan Companies will post 4.33 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Tuesday, May 15th. Investors of record on Tuesday, April 10th will be given a $0.375 dividend. The ex-dividend date of this dividend is Monday, April 9th. This represents a $1.50 dividend on an annualized basis and a yield of 1.86%. Marsh & McLennan Companies’s dividend payout ratio is presently 38.27%.
A number of analysts have weighed in on MMC shares. Royal Bank of Canada reissued a “buy” rating and set a $93.00 target price on shares of Marsh & McLennan Companies in a report on Friday, December 8th. Barclays increased their price objective on shares of Marsh & McLennan Companies from $93.00 to $103.00 and gave the stock an “overweight” rating in a report on Tuesday, February 20th. Zacks Investment Research raised shares of Marsh & McLennan Companies from a “hold” rating to a “buy” rating and set a $90.00 price objective on the stock in a report on Wednesday, December 27th. Wells Fargo reaffirmed a “buy” rating and issued a $91.00 price objective on shares of Marsh & McLennan Companies in a report on Thursday, February 1st. Finally, Citigroup dropped their price objective on shares of Marsh & McLennan Companies from $96.00 to $94.00 and set a “buy” rating on the stock in a report on Friday, February 9th. One research analyst has rated the stock with a sell rating, six have given a hold rating and five have issued a buy rating to the company’s stock. Marsh & McLennan Companies currently has an average rating of “Hold” and a consensus target price of $90.00.
In related news, insider Daniel S. Glaser sold 41,504 shares of the stock in a transaction dated Monday, March 5th. The shares were sold at an average price of $81.88, for a total value of $3,398,347.52. Following the completion of the transaction, the insider now owns 278,792 shares in the company, valued at approximately $22,827,488.96. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP E Scott Gilbert sold 52,782 shares of the stock in a transaction dated Friday, March 2nd. The shares were sold at an average price of $81.33, for a total transaction of $4,292,760.06. Following the completion of the transaction, the senior vice president now owns 95,979 shares of the company’s stock, valued at approximately $7,805,972.07. The disclosure for this sale can be found here. Insiders sold a total of 150,855 shares of company stock valued at $12,395,268 in the last quarter. 1.46% of the stock is currently owned by insiders.
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Marsh & McLennan Companies Company Profile
Marsh & McLennan Companies, Inc, a professional services firm, provides advice and solutions in the areas of risk, strategy, and people worldwide. It operates in two segments, Risk and Insurance Services, and Consulting. The Risk and Insurance Services segment offers risk management services, such as risk advice, risk transfer, and risk control and mitigation solutions, as well as insurance, reinsurance broking, catastrophe and financial modeling, and related advisory services.
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