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Capital International boosted its Marsh & McLennan stake by 20.7% in Q3, now holding 667,621 shares valued at $134.5 million.
Capital International Inc. increased its stake in Marsh & McLennan (MRSH) by 20.7% in Q3, now holding 667,621 shares worth $134.5 million, making it the company’s 22nd largest position.
MRSH reported strong Q4 earnings on January 29, with $2.12 EPS, beating estimates by $0.15, and $6.60 billion in revenue, up 8.7% year-over-year.
The stock trades at $179.92, has a market cap of $87.1 billion, and a 2.0% dividend yield.
CEO Michael Cherkasky sold 16,655 shares on March 4, reducing his stake by 12.48%.
Institutional investors own 87.99% of the company.
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Capital International aumentó su participación en Marsh & McLennan en un 20.7% en el tercer trimestre, ahora con 667.621 acciones valoradas en $ 134.5 millones.