Marsh & McLennan Companies, Inc. (MMC) Forms $81.28 Double Top; W P Carey (WPC) Sentiment Is 1.32

February 14, 2018 - By Jerrie Dane

Marsh & McLennan Companies, Inc. (MMC) formed double top with $88.60 target or 9.00% above today’s $81.28 share price. Marsh & McLennan Companies, Inc. (MMC) has $41.37 billion valuation. The stock increased 0.30% or $0.24 during the last trading session, reaching $81.28. About 1.70M shares traded. Marsh & McLennan Companies, Inc. (NYSE:MMC) has risen 16.25% since February 14, 2017 and is uptrending. It has underperformed by 0.45% the S&P500.

W. P. Carey Inc. is an independent equity real estate investment trust. The company has market cap of $6.54 billion. The firm also provides long-term sale-leaseback and build-to-suit financing for companies. It has a 26.45 P/E ratio. It invests in the real estate markets across the globe.

Since August 21, 2017, it had 0 buys, and 3 selling transactions for $54.50 million activity. 618,557 Marsh & McLennan Companies, Inc. (NYSE:MMC) shares with value of $51.21 million were sold by Glaser Daniel S. Another trade for 11,418 shares valued at $968,940 was sold by McDonald Scott. The insider Gilbert E Scott sold 30,000 shares worth $2.32M.

Investors sentiment decreased to 0.95 in Q3 2017. Its down 0.02, from 0.97 in 2017Q2. It worsened, as 56 investors sold Marsh & McLennan Companies, Inc. shares while 215 reduced holdings. 61 funds opened positions while 196 raised stakes. 425.59 million shares or 1.13% more from 420.82 million shares in 2017Q2 were reported. 146,000 are owned by Employees Retirement Systems Of Texas. Toronto Dominion National Bank & Trust invested in 209,442 shares. Auxier Asset Mngmt holds 0.7% or 41,387 shares in its portfolio. Stifel reported 114,166 shares. 24,685 were reported by Bokf Na. Davis Selected Advisers holds 510,212 shares. 1.08 million were accumulated by Hsbc Public Limited Company. Tarbox Family Office stated it has 299 shares. 1832 Asset Mgmt L P reported 3,026 shares or 0% of all its holdings. Hall Laurie J Trustee stated it has 2,700 shares. Bainco Int reported 1.14% stake. 1.34 million were reported by Dimensional Fund Advisors L P. Btim reported 206,785 shares. Ashfield Capital Prns Limited Liability holds 0.06% or 5,348 shares. Moreover, Int Ca has 0.72% invested in Marsh & McLennan Companies, Inc. (NYSE:MMC) for 58,700 shares.

Among 15 analysts covering Marsh & McLennan (NYSE:MMC), 8 have Buy rating, 0 Sell and 7 Hold. Therefore 53% are positive. Marsh & McLennan had 37 analyst reports since September 8, 2015 according to SRatingsIntel. The stock of Marsh & McLennan Companies, Inc. (NYSE:MMC) earned “Neutral” rating by Credit Suisse on Monday, January 11. The stock of Marsh & McLennan Companies, Inc. (NYSE:MMC) earned “Buy” rating by Bank of America on Friday, January 27. Keefe Bruyette & Woods upgraded it to “Outperform” rating and $61 target in Wednesday, January 13 report. The rating was maintained by RBC Capital Markets on Thursday, July 27 with “Buy”. As per Monday, October 16, the company rating was maintained by Barclays Capital. The stock of Marsh & McLennan Companies, Inc. (NYSE:MMC) has “Outperform” rating given on Friday, February 5 by RBC Capital Markets. The firm has “Buy” rating by RBC Capital Markets given on Friday, February 2. Keefe Bruyette & Woods maintained the stock with “Buy” rating in Thursday, August 17 report. The stock of Marsh & McLennan Companies, Inc. (NYSE:MMC) has “Hold” rating given on Tuesday, September 5 by Jefferies. Jefferies maintained it with “Hold” rating and $91.0 target in Monday, February 5 report.

Analysts await W. P. Carey Inc. (NYSE:WPC) to report earnings on February, 22. They expect $1.13 EPS, down 7.38% or $0.09 from last year’s $1.22 per share. WPC’s profit will be $120.82 million for 13.53 P/E if the $1.13 EPS becomes a reality. After $1.37 actual EPS reported by W. P. Carey Inc. for the previous quarter, Wall Street now forecasts -17.52% negative EPS growth.

Gruss & Co Inc holds 4.2% of its portfolio in W. P. Carey Inc. for 55,277 shares. Rock Point Advisors Llc owns 122,282 shares or 3.84% of their US portfolio. Moreover, Karpas Strategies Llc has 2.28% invested in the company for 77,050 shares. The California-based Pring Turner Capital Group Inc has invested 2.28% in the stock. Rench Wealth Management Inc., a Texas-based fund reported 46,345 shares.

The stock increased 0.10% or $0.06 during the last trading session, reaching $61.16. About 352,637 shares traded or 5.52% up from the average. W. P. Carey Inc. (WPC) has risen 2.82% since February 14, 2017 and is uptrending. It has underperformed by 13.88% the S&P500.