Arthur J. Gallagher & Co. (AJG) Stake Decreased by Arrowstreet Capital Limited Partnership

The stock of Arthur J Gallagher & Co (NYSE:AJG) earned "Market Perform" rating by William Blair on Monday, March 21.

Several research firms recently weighed in on AJG. Wells Fargo maintained the shares of AJG in report on Friday, April 28 with "Buy" rating. The Bell State Bank & Trust holds 25,539 shares with $1.72 million value, up from 20,681 last quarter. About shares traded. Arthur J Gallagher & Co (NYSE:AJG) has risen 17.09% since October 10, 2016 and is uptrending. The Texas-based Rench Wealth Management Inc. has invested 2.7% in the stock. Langen Mcalenn also issued estimates for Arthur J. Gallagher & Co.'s FY2017 earnings at $2.98 EPS. Pacer Advisors Inc. lifted its holdings in shares of Arthur J. Gallagher & Co.by 3.2% during the 1st quarter. "(AJG) Expected to Post Q3 2017 Earnings of $0.78 Per Share" was reported by Week Herald and is owned by of Week Herald. Private Advisory Group LLC now owns 4,747 shares of the financial services provider's stock worth $268,000 after purchasing an additional 32 shares during the last quarter.

There are 1 sell rating, 4 hold ratings, 4 buy ratings on the stock. Alliancebernstein L.P. now owns 359,154 shares of the financial services provider's stock worth $20,307,000 after acquiring an additional 39,632 shares during the period. Quantitative Systematic Strategies Ltd Liability Corporation has invested 0.13% in Arthur J Gallagher & Co (NYSE:AJG). (NYSE:AJG) traded up 0.15% during midday trading on Thursday, hitting $61.81. Vanguard Group Inc. now owns 18,149,660 shares of the financial services provider's stock valued at $1,039,067,000 after acquiring an additional 571,235 shares during the period. Arthur J. Gallagher & Co.'s revenue was up 9.6% compared to the same quarter a year ago. The company has a market capitalization of $11.14 billion, a price-to-earnings ratio of 24.92 and a beta of 1.21.

Arthur J. Gallagher & Co. had a net margin of 7.62% and a return on equity of 13.68%. (NYSE:AJG) last issued its quarterly earnings data on Thursday, July 27th. Langen Mcalenn analyst R. Glasspiegel now anticipates that the financial services provider will post earnings per share of $0.78 for the quarter, down from their prior estimate of $0.80. The firm had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.40 billion. The firm's revenue for the quarter was up 9.6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.34 EPS.

On 4/26/2017 Arthur J. Gallagher & Co. announced a quarterly dividend of $0.39 2.75% with an ex dividend date of 5/31/2017 which will be payable on 6/16/2017.

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 15th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 2.52%. The ex-dividend date was Wednesday, August 30th. Victory Capital Management Inc. grew its stake in Arthur J. Gallagher & Co.by 9.9% in the second quarter. Arthur J. Gallagher & Co.'s dividend payout ratio is now 62.90%. Stonebridge Capital Mngmt reported 0.75% stake. If you are viewing this news story on another site, it was illegally copied and republished in violation of worldwide copyright law. State Street Corp grew its stake in Arthur J. Gallagher & Co.by 2.5% in the first quarter.

On 9/14/2017 Douglas K Howell, CFO, sold 9,967 with an average share price of $59.98 per share and the total transaction amounting to $597,820.66. Somerset Trust Co now owns 8,698 shares of the financial services provider's stock worth $498,000 after purchasing an additional 22 shares during the last quarter. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

On August 11 Barclays kept the company rating at "Overweight" and moved up the price target from $66.00 to $68.00.

On 8/31/2017 Susan E Pietrucha, Insider, sold 3,601 with an average share price of $57.78 per share and the total transaction amounting to $208,065.78. The disclosure for this sale can be found here. Over the last three months, insiders have sold 30,500 shares of company stock worth $1,804,115. Insiders own 1.60% of the company's stock.

A few Wall Street analysts have released opinions on the company recently. The stock of Arthur J Gallagher & Co (NYSE:AJG) has "Buy" rating given on Wednesday, June 7 by Keefe Bruyette & Woods. Citigroup Inc. lifted their price objective on shares of Arthur J. Gallagher & Co. from $59.00 to $60.00 and gave the company a "neutral" rating in a research note on Thursday, July 13th. The ratio has increased, as 230 institutional investors opened new or increased holdings, while 150 sold and decreased stakes in Gallagher Arthur J & Co.

Dividend information for Arthur J. Gallagher & Co. Finally, Royal Bank Of Canada reiterated a "hold" rating and issued a $54.00 price objective on shares of Arthur J. Gallagher & Co.in a research note on Wednesday, July 12th. As per Monday, November 2, the company rating was downgraded by Goldman Sachs. The company has an average rating of "Hold" and a consensus price target of $55.14.

Notícias recomendadas

  • Dell Technologies investit 1 Md$ dans l'Internet des objets

    Les serveurs Dell EMC PowerEdge C-Series ont été perfectionnés pour l'apprentissage en différé et le machine learning. Dell Technologies dévoile sa nouvelle division et ses solutions pour accompagner les entreprises.
    Stock In Spotlight: Abbott Laboratories (NYSE:ABT)

    Stock In Spotlight: Abbott Laboratories (NYSE:ABT)

    The Firm has ATR of 0.75 that is explaining range of a day's trading is high-low; ATR expands it to yesterday's closing price. Abbott Laboratories (ABT) is an interesting player in the Healthcare space, with a focus on Medical Appliances & Equipment.
    Trump approval hits record-low 32 percent in AP poll

    Trump approval hits record-low 32 percent in AP poll

    According to the poll, 55 percent of voters now say Trump is not fit to serve as president, compared to 56 percent two weeks ago. Among voters 65 and older and white voters, almost two-thirds said they disapprove of the National Football League protests.
  • Furniture Row to field just 1 auto  for Truex in 2018

    Furniture Row to field just 1 auto for Truex in 2018

    With Jones and his sponsor moving to JGR, Furniture Row owner Barney Visser said he will field only one auto in 2018. Truex is the current NASCAR points leader and leads the Cup Series in virtually every category.

    New Tesla voluntary recall applies to 11000 Model X vehicles

    Owners can take their Model X to a dealer for repairs or contact Tesla's mobile fix units. Tesla says that only 3% of the recalled vehicles are affected by the issue.
    Quake  recorded near North Korea's nuclear test site

    Quake recorded near North Korea's nuclear test site

    According to a statement released by the US Geological Survey: "This event occurred in the area of the previous North Korean nuclear tests".
  • Murphy Has Five Times More Cash on Hand Than Guadagno

    Murphy Has Five Times More Cash on Hand Than Guadagno

    Independent committees have injected just $200,000 in spending this summer and fall, a fraction of their primary commitments. Green Party candidate Seth Kaper-Dale is the third-highest fundraiser with just $89,510 raised to date, according to ELEC.

    Multiple casualties as gunman opens fire on market

    Victims are reported to have been found in multiple areas, raising the possibility that there was more than one attack. A gunman has opened fire at a busy marketplace in Sweden , injuring several people, British media reports.
    Attempted prison escape in North Carolina leaves multiple employees injured

    Attempted prison escape in North Carolina leaves multiple employees injured

    The high-security all male prison holds 896 inmates, and has a staff size of 410 employees, according to the prison's website. Peter Sengenberger with Sentara Healthcare said that six people were taken to Sentara Albemarle Medical Center.
  • Governor Signs Jackson Bill for Parental Leave

    Governor Signs Jackson Bill for Parental Leave

    Governor Jerry Brown on Thursday signed legislation that expands job-protected maternity and paternity leave to more Californians. Companies with 50 or more employees are already required to provide 12 weeks of leave.
    Black Man Beaten By White Men During White Supremacists in Charlottesville, Virginia

    Black Man Beaten By White Men During White Supremacists in Charlottesville, Virginia

    The charge stems from an incident at the Market Street parking garage on the day of the Unite the Right rally in the city. The victim went to the magistrate's office, presented the facts of what occurred and attempted to obtain the warrant.
    Stranger Things 2 Teases A Mysterious Message From Eleven

    Stranger Things 2 Teases A Mysterious Message From Eleven

    He explained that the monster would be "tied into this shape that Will sees in the sky". No reports on the titles of the remaining episodes having new names have surfaced yet.

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.