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.

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