Brokers Set Expectations for Marsh & McLennan Companies, Inc.'s FY2017 Earnings (MMC)

Tracking the RSI levels for Marsh & Mclennan Companies (MMC), the 3-day RSI stands at 33.97, the 7-day sits at 30.13 and the 14-day (most common) is at 39.06. (NYSE:MMC) has been on a run - rising 2.36 percent in just three months. The financial services provider reported $0.79 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.78 by $0.01. Finally, CWM LLC boosted its holdings in Marsh & McLennan Companies by 0.7% during the second quarter.

Among institutions that increased their positions, 71 were new positions. Great Lakes Advisors LLC now owns 8,677 shares of the financial services provider's stock worth $676,000 after acquiring an additional 217 shares in the last quarter. Marsh & McLennan Companies, Inc. Zacks Investment Research lowered Marsh & McLennan Cos. from a "hold" rating to a "sell" rating in a report on Tuesday, September 27th. USS Investment Management Ltd now owns 1,991,547 shares of the financial services provider's stock worth $155,251,000 after buying an additional 1,594,047 shares during the period. The price to earnings ratio for Marsh & McLennan Companies, Inc. Janus Henderson Group PLC now owns 3,501,261 shares of the financial services provider's stock worth $272,958,000 after buying an additional 3,430,257 shares during the period.

Shares of Marsh & McLennan Companies, Inc. (NYSE:MMC) implies that investors are highly hopeful for the organization to create more value from the given set of assets. 420.82 million shares or 1.31% less from 426.39 million shares in 2017Q1 were reported. The firm has a market capitalization of $34.84 billion, a P/E ratio of 20.782 and a beta of 0.85.

The average 1-year price target for Marsh & McLennan Companies, Inc. (NYSE:MMC). Comerica Bancorp owns 0.11% invested in Marsh & McLennan Companies, Inc. The company reported $0.69 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.68 by $0.01. The Higher end of the revenue forecast is $3.62 Billion, while the Lower end of the forecast is $3.51 Billion.

In terms of CCI levels, Marsh & Mclennan Companies (MMC) now has a 14-day Commodity Channel Index (CCI) of -125.72. Marsh & McLennan Companies's revenue for the quarter was up 6.6% compared to the same quarter a year ago. During the same period previous year, the firm posted $0.69 earnings per share. On average, analysts expect that Marsh & McLennan Cos. will post $3.37 EPS for the current year. Stockholders of record on Tuesday, October 11th will be paid a dividend of $0.34 per share. The first value is calculated by adding the dividend yield to the percentage of repurchased shares. The ex-dividend date is Friday the 6th of October 2017. Marsh & Mclennan Cos Inc now has $41.48 billion valuation.

MMC has been the subject of several other research reports.

On October 16 Barclays held the company rating at "Overweight" and raised the price expectation from $77.00 to $93.00. Wells Fargo maintained the shares of MMC in report on Thursday, July 27 with "Buy" rating. On October 4 the stock rating was downgraded from "Buy" to "Hold" in a report issued by Deutsche Bank.

Several other hedge funds have also recently modified their holdings of MMC. One analyst has rated the stock with a sell rating, five have assigned a hold rating and nine have assigned a buy rating to the company's stock.

The target payout ratio for Marsh & McLennan Companies, now measuring at 37.10%, outlining what size the company's dividends should be.

The Price to book ratio is the current share price of a company divided by the book value per share. Following the completion of the transaction, the senior vice president now owns 68,427 shares of the company's stock, valued at approximately $5,290,091.37. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Lourd Capital LLC raised its stake in Marsh & McLennan Companies by 1.2% in the second quarter. If you are accessing this piece of content on another site, it was stolen and republished in violation of worldwide copyright and trademark law. The ROIC Quality of Marsh & McLennan Companies, Inc. It conducts business through two divisions: Risk and Insurance Services, which includes risk management activities, as well as insurance and reinsurance broking and services, and Consulting includes health, retirement, talent and investments consulting services and products, and specialized management, economic and brand consulting services.

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