Azimuth Capital Management LLC Lowered Its Marsh & Mclennan (MMC) Stake by $3.31 Million as Valuation Rose

Marsh & McLennan Companies, Inc. (NYSE:MMC) LogoInvestors sentiment increased to 1 in Q2 2018. Its up 0.16, from 0.84 in 2018Q1. It increased, as 47 investors sold MMC shares while 209 reduced holdings. 56 funds opened positions while 201 raised stakes. 416.99 million shares or 0.11% less from 417.43 million shares in 2018Q1 were reported. Voya Invest Management Ltd Liability Co stated it has 0.03% of its portfolio in Marsh & McLennan Companies, Inc. (NYSE:MMC). Signaturefd Ltd owns 3,336 shares or 0.03% of their US portfolio. Da Davidson & has invested 0.02% of its portfolio in Marsh & McLennan Companies, Inc. (NYSE:MMC). Wafra Incorporated invested 0.57% of its portfolio in Marsh & McLennan Companies, Inc. (NYSE:MMC). Bartlett And Communications Ltd reported 5,518 shares. Raymond James Ser Advsrs has 0.02% invested in Marsh & McLennan Companies, Inc. (NYSE:MMC). Ycg Ltd Liability accumulated 169,799 shares. X Management Co has 0.01% invested in Marsh & McLennan Companies, Inc. (NYSE:MMC) for 7,368 shares. Waverton Investment Mgmt Ltd holds 3.48% of its portfolio in Marsh & McLennan Companies, Inc. (NYSE:MMC) for 82 shares. World Asset Mngmt has 0.13% invested in Marsh & McLennan Companies, Inc. (NYSE:MMC). Gemmer Asset Mgmt Ltd Liability Corp invested in 406 shares. Jcic Asset Mgmt has invested 0% in Marsh & McLennan Companies, Inc. (NYSE:MMC). Btim accumulated 238,761 shares. Alliancebernstein Lp has 0.08% invested in Marsh & McLennan Companies, Inc. (NYSE:MMC) for 1.39M shares. Prudential Financial reported 0.07% stake.

Since August 29, 2018, it had 0 buys, and 1 insider sale for $6.83 million activity.

Azimuth Capital Management Llc decreased its stake in Marsh & Mclennan (MMC) by 27.61% based on its latest 2018Q2 regulatory filing with the SEC. Azimuth Capital Management Llc sold 40,839 shares as the company’s stock rose 4.33% with the market. The institutional investor held 107,091 shares of the finance company at the end of 2018Q2, valued at $8.78M, down from 147,930 at the end of the previous reported quarter. Azimuth Capital Management Llc who had been investing in Marsh & Mclennan for a number of months, seems to be less bullish one the $44.68B market cap company. The stock increased 1.76% or $1.53 during the last trading session, reaching $88.7. About 3.60 million shares traded or 90.95% up from the average. Marsh & McLennan Companies, Inc. (NYSE:MMC) has risen 4.87% since December 2, 2017 and is uptrending. It has underperformed by 10.75% the S&P500.

More important recent Marsh & McLennan Companies, Inc. (NYSE:MMC) news were published by: Globenewswire.com which released: “Market Trends Toward New Normal in Helix Energy, Pure Storage, Leidos, DTE Energy, Booz Allen Hamilton Holding, and Marsh & McLennan Companies — Emerging Consolidated Expectations, Analyst Ratings – GlobeNewswire” on November 05, 2018, also Businesswire.com published article titled: “Guy Carpenter Names Ross Howard Vice Chairman – Business Wire”, Businesswire.com published: “Mercer Launches HRTech Incubator – Business Wire” on November 12, 2018. More interesting news about Marsh & McLennan Companies, Inc. (NYSE:MMC) was released by: Businesswire.com and their article: “Mercer Completes Acquisition of Summit Strategies Group – Business Wire” with publication date: November 19, 2018.

Marsh & McLennan Companies, Inc. (NYSE:MMC) Ratings Coverage

Among 6 analysts covering Marsh \u0026 McLennan (NYSE:MMC), 1 have Buy rating, 1 Sell and 4 Hold. Therefore 17% are positive. Marsh \u0026 McLennan has $98 highest and $86 lowest target. $91.40’s average target is 3.04% above currents $88.7 stock price. Marsh \u0026 McLennan had 7 analyst reports since July 12, 2018 according to SRatingsIntel. Bank of America downgraded Marsh & McLennan Companies, Inc. (NYSE:MMC) on Thursday, July 26 to “Neutral” rating. UBS maintained the shares of MMC in report on Monday, October 15 with “Neutral” rating. On Tuesday, September 25 the stock rating was downgraded by Raymond James to “Underperform”. The company was maintained on Thursday, September 20 by Citigroup. Citigroup maintained the stock with “Buy” rating in Thursday, July 12 report. The stock of Marsh & McLennan Companies, Inc. (NYSE:MMC) has “Equal-Weight” rating given on Wednesday, November 14 by Morgan Stanley.

Marsh & McLennan Companies, Inc. (NYSE:MMC) Institutional Positions Chart

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