Piedmont Investment Advisors Lowered By $1.60 Million Its Transocean LTD Reg Shs (RIG) Position; Marsh & Mclennan Companies (MMC)’s Sentiment Is 0.95

January 22, 2018 - By Stephen Andrade

Marsh & McLennan Companies, Inc., a professional services firm, provides advice and solutions in the areas of risk, strategy, and people worldwide. The company has market cap of $42.21 billion. It operates through two divisions, Risk and Insurance Services; and Consulting. It has a 22.66 P/E ratio. The Risk and Insurance Services segment offers risk management services, such as risk advice, risk transfer, risk control, and mitigation solutions, as well as insurance, reinsurance broking, catastrophe and financial modeling services, and related advisory services.

Piedmont Investment Advisors Llc decreased Transocean Ltd Reg Shs (RIG) stake by 56.47% reported in 2017Q3 SEC filing. Piedmont Investment Advisors Llc sold 160,053 shares as Transocean Ltd Reg Shs (RIG)’s stock declined 20.06%. The Piedmont Investment Advisors Llc holds 123,401 shares with $1.33M value, down from 283,454 last quarter. Transocean Ltd Reg Shs now has $4.67B valuation. The stock increased 2.84% or $0.33 during the last trading session, reaching $11.93. About 12.72 million shares traded or 12.27% up from the average. Transocean Ltd. (NYSE:RIG) has risen 15.86% since January 22, 2017 and is uptrending. It has underperformed by 0.84% the S&P500.

Analysts await Marsh & McLennan Companies, Inc. (NYSE:MMC) to report earnings on February, 1. They expect $0.95 earnings per share, up 6.74% or $0.06 from last year’s $0.89 per share. MMC’s profit will be $484.84M for 21.77 P/E if the $0.95 EPS becomes a reality. After $0.79 actual earnings per share reported by Marsh & McLennan Companies, Inc. for the previous quarter, Wall Street now forecasts 20.25% EPS growth.

Nippon Life Insurance Co holds 8.29% of its portfolio in Marsh & McLennan Companies, Inc. for 5.27 million shares. Coho Partners Ltd. owns 2.09 million shares or 4.5% of their US portfolio. Moreover, Birch Hill Investment Advisors Llc has 4.44% invested in the company for 609,146 shares. The Japan-based Mu Investments Co. Ltd. has invested 4.26% in the stock. Kdi Capital Partners Llc, a North Carolina-based fund reported 119,329 shares.

Since January 1, 0001, it had 0 insider buys, and 2 insider sales for $53.53 million activity.

Ratings analysis reveals 100% of Marsh McLennan’s analysts are positive. Out of 3 Wall Street analysts rating Marsh McLennan, 3 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. MMC was included in 3 notes of analysts from November 4, 2016. The firm has “Outperform” rating given on Friday, November 4 by BMO Capital Markets. The firm earned “Buy” rating on Monday, November 7 by Sandler O’Neill. The stock of Marsh & McLennan Companies, Inc. (NYSE:MMC) has “Buy” rating given on Friday, January 27 by Bank of America.

The stock increased 0.77% or $0.63 during the last trading session, reaching $82.71. About 1.77 million shares traded. Marsh & McLennan Companies, Inc. (MMC) has risen 16.25% since January 22, 2017 and is uptrending. It has underperformed by 0.45% the S&P500.

Investors sentiment decreased to 0.95 in 2017 Q3. Its down 0.30, from 1.25 in 2017Q2. It turned negative, as 66 investors sold RIG shares while 107 reduced holdings. 54 funds opened positions while 110 raised stakes. 280.42 million shares or 7.79% more from 260.14 million shares in 2017Q2 were reported. Principal Fincl Gp reported 0.03% stake. Bridgeway Cap Management holds 30,000 shares. Ls Investment Advsr Ltd Liability Com reported 0.02% in Transocean Ltd. (NYSE:RIG). Clifford Swan Inv Counsel Ltd Liability Co accumulated 242,753 shares. Federated Invsts Pa owns 188,873 shares or 0.01% of their US portfolio. 381,400 are owned by Art Advsrs Limited Liability Co. Pekin Singer Strauss Asset Il holds 0.02% of its portfolio in Transocean Ltd. (NYSE:RIG) for 10,499 shares. Hodges Capital Management invested 0.02% in Transocean Ltd. (NYSE:RIG). Natl Bank Of Montreal Can invested in 241,779 shares. 1,000 are owned by Rocky Mountain Advisers Limited Liability Com. Aqr Capital Management Limited Liability holds 0% of its portfolio in Transocean Ltd. (NYSE:RIG) for 17,116 shares. State Of New Jersey Common Pension Fund D has 115,700 shares. First Republic Inv Mngmt Inc accumulated 11,065 shares. Commerce Savings Bank invested 0% in Transocean Ltd. (NYSE:RIG). 3,031 are owned by Envestnet Asset Management.

Piedmont Investment Advisors Llc increased Amedisys Inc Com (NASDAQ:AMED) stake by 17,368 shares to 23,422 valued at $1.31M in 2017Q3. It also upped Verizon Communications Inc Com (NYSE:VZ) stake by 8,112 shares and now owns 881,763 shares. United Rentals Inc. (NYSE:URI) was raised too.

Among 40 analysts covering Transocean Ltd (NYSE:RIG), 15 have Buy rating, 10 Sell and 15 Hold. Therefore 38% are positive. Transocean Ltd had 102 analyst reports since August 7, 2015 according to SRatingsIntel. The stock has “Neutral” rating by Seaport Global on Friday, May 13. RBC Capital Markets maintained Transocean Ltd. (NYSE:RIG) on Friday, November 10 with “Hold” rating. The stock of Transocean Ltd. (NYSE:RIG) has “Hold” rating given on Tuesday, August 25 by Zacks. The stock has “Hold” rating by RBC Capital Markets on Thursday, December 21. The firm has “Sell” rating by Citigroup given on Monday, May 16. Jefferies maintained Transocean Ltd. (NYSE:RIG) on Friday, June 30 with “Hold” rating. Bernstein downgraded the shares of RIG in report on Thursday, July 6 to “Market Perform” rating. The rating was upgraded by RBC Capital Markets on Friday, August 25 to “Sector Perform”. The company was maintained on Tuesday, August 15 by Jefferies. The company was maintained on Friday, November 3 by Piper Jaffray.

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