Media stories about Marsh & McLennan Companies (NYSE:MMC) have trended somewhat positive this week, Accern Sentiment reports. The research group scores the sentiment of press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Marsh & McLennan Companies earned a news sentiment score of 0.11 on Accern’s scale. Accern also gave media headlines about the financial services provider an impact score of 46.7483883707129 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the news stories that may have effected Accern Sentiment’s scoring:
- Brokerages Anticipate Marsh & McLennan Companies (MMC) Will Post Earnings of $1.29 Per Share (americanbankingnews.com)
- Marsh & McLennan Companies’ (MMC) “Buy” Rating Reaffirmed at Wells Fargo (americanbankingnews.com)
- Marsh & McLennan Companies (MMC) Rating Lowered to Hold at BidaskClub (americanbankingnews.com)
- Langen Mcalenn Weighs in on Marsh & McLennan Companies’ FY2018 Earnings (MMC) (americanbankingnews.com)
- MOVES-Insurance broker Marsh names new CEO for UK, Ireland (finance.yahoo.com)
Marsh & McLennan Companies stock traded down $0.02 during trading on Friday, reaching $81.97. The company had a trading volume of 1,384,783 shares, compared to its average volume of 1,657,884. Marsh & McLennan Companies has a 12-month low of $71.79 and a 12-month high of $86.54. The company has a market cap of $41,619.88, a price-to-earnings ratio of 20.91, a PEG ratio of 1.53 and a beta of 0.97. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.31 and a current ratio of 1.30.
Marsh & McLennan Companies (NYSE:MMC) last released its earnings results on Thursday, February 1st. The financial services provider reported $1.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $3.69 billion during the quarter, compared to the consensus estimate of $3.57 billion. During the same period in the previous year, the firm earned $0.89 earnings per share. Marsh & McLennan Companies’s revenue was up 9.5% compared to the same quarter last year. sell-side analysts predict that Marsh & McLennan Companies will post 4.32 EPS for the current 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 issued 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 1.83%. Marsh & McLennan Companies’s payout ratio is 38.27%.
MMC has been the subject of a number of recent research reports. Zacks Investment Research upgraded shares of Marsh & McLennan Companies from a “hold” rating to a “buy” rating and set a $93.00 price target for the company in a report on Tuesday, April 3rd. Citigroup lowered their price target on shares of Marsh & McLennan Companies from $96.00 to $94.00 and set a “buy” rating for the company in a report on Friday, February 9th. Wells Fargo restated a “buy” rating and issued a $91.00 target price on shares of Marsh & McLennan Companies in a report on Thursday, February 1st. Finally, Barclays boosted their target price on shares of Marsh & McLennan Companies from $93.00 to $103.00 and gave the company an “overweight” rating in a report on Tuesday, February 20th. One analyst has rated the stock with a sell rating, six have issued a hold rating and five have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $90.00.
In other Marsh & McLennan Companies news, CEO Julio A. Portalatin sold 10,911 shares of Marsh & McLennan Companies stock in a transaction that occurred on Monday, March 5th. The shares were sold at an average price of $81.87, for a total transaction of $893,283.57. Following the transaction, the chief executive officer now directly owns 59,083 shares of the company’s stock, valued at $4,837,125.21. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Daniel S. Glaser sold 41,504 shares of Marsh & McLennan Companies stock in a transaction that occurred on Monday, March 5th. The shares were sold at an average price of $81.88, for a total transaction of $3,398,347.52. Following the transaction, the insider now directly owns 278,792 shares in the company, valued at $22,827,488.96. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 150,855 shares of company stock valued at $12,395,268. 1.16% of the stock is owned by insiders.
About Marsh & McLennan Companies
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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