Marsh & McLennan Companies (MMC) : Dsm Capital Partners reduced its stake in Marsh & McLennan Companies by 0.05% during the most recent quarter end. The investment management company now holds a total of 44,405 shares of Marsh & McLennan Companies which is valued at $2,992,453 after selling 20 shares in Marsh & McLennan Companies , the firm said in a disclosure report filed with the SEC on Aug 15, 2016.Marsh & McLennan Companies makes up approximately 0.05% of Dsm Capital Partners’s portfolio.
Other Hedge Funds, Including , Two Sigma Securities added MMC to its portfolio by purchasing 3,065 company shares during the most recent quarter which is valued at $206,550. Marsh & McLennan Companies makes up approx 0.11% of Two Sigma Securities’s portfolio.Blackrock Institutional Trust Company N.a. boosted its stake in MMC in the latest quarter, The investment management firm added 305,913 additional shares and now holds a total of 14,505,069 shares of Marsh & McLennan Companies which is valued at $977,496,600. Marsh & McLennan Companies makes up approx 0.15% of Blackrock Institutional Trust Company N.a.’s portfolio.Ruffer Llp reduced its stake in MMC by selling 725 shares or 9.57% in the most recent quarter. The Hedge Fund company now holds 6,850 shares of MMC which is valued at $461,485. Marsh & McLennan Companies makes up approx 0.02% of Ruffer Llp’s portfolio.Schaper Benz Wise Investment Counsel Incwi reduced its stake in MMC by selling 1,308 shares or 2.75% in the most recent quarter. The Hedge Fund company now holds 46,330 shares of MMC which is valued at $3,065,656. Marsh & McLennan Companies makes up approx 0.54% of Schaper Benz Wise Investment Counsel Incwi’s portfolio.
Marsh & McLennan Companies closed down -0.1 points or -0.15% at $68.08 with 1,779,054 shares getting traded on Wednesday. Post opening the session at $67.93, the shares hit an intraday low of $67.925 and an intraday high of $68.191 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
On the company’s financial health, Marsh & McLennan Companies reported $0.91 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Jul 28, 2016. Analyst had a consensus of $0.90. The company had revenue of $3376.00 million for the quarter, compared to analysts expectations of $3370.66 million. The company’s revenue was up 4.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.80 EPS.
Marsh and McLennan Companies Inc. is a professional services firm. The Company operates as two business segments: Risk and Insurance Services and Consulting. The Risk and Insurance Services segment provides risk management activities and insurance broking reinsurance broking and insurance program management services for businesses public entities insurance companies associations professional services organizations and private clients. The Company conducts business in this segment through Marsh and Guy Carpenter. The Company conducts business in its Consulting segment through two main business groups: Mercer provides consulting expertise advice services and solutions in the areas of health retirement talent and investments and Oliver Wyman Group provides specialized management and economic and brand consulting services.