Arthur J. Gallagher & Co

Cornelia Mascio
Ottobre 13, 2017

Langen Mcalenn analyst R. Glasspiegel now anticipates that the financial services provider will earn $0.78 per share for the quarter, down from their prior estimate of $0.80. Mountain Pacific Investment Advisers Inc who had been investing in Arthur J Gallagher & Co for a number of months, seems to be bullish on the $11.09 billion market cap company. The stock of Arthur J Gallagher & Co (NYSE:AJG) has "Buy" rating given on Wednesday, June 7 by Keefe Bruyette & Woods.

Ratings analysis reveals 42% of Arthur J. Gallagher's analysts are positive.

There are 1 sell rating, 4 hold ratings, 4 buy ratings on the stock. Raymond James Financial, Inc. restated a "market perform" rating on shares of Arthur J Gallagher & Co in a report on Tuesday, May 2nd. Arthur J. Gallagher had 36 analyst reports since August 28, 2015 according to SRatingsIntel. Goldman Sachs downgraded the stock to "Sell" rating in Tuesday, November 15 report. Arthur J. Gallagher & Co. presently has an average rating of "Hold" and an average price target of $63.43. BlackRock Inc. now owns 14,173,361 shares of the financial services provider's stock valued at $811,425,000 after acquiring an additional 187,329 shares during the period. If you are reading this story on another publication, it was illegally stolen and reposted in violation of global copyright and trademark law. The correct version of this story can be viewed at https://weekherald.com/2017/10/11/arthur-j-gallagher-co-ajg-expected-to-post-q3-2017-earnings-of-0-78-per-share.html. Jpmorgan Chase And Co holds 9.73 million shares. (AJG) opened at 61.87 on Wednesday.

It is now trading at $62.04 a tad higher than the 50 day moving average of $60.09 and a bit higher than the 200 day moving average of $57.88. Arthur J Gallagher & Co has a 1-year low of $43.90 and a 1-year high of $57.82. Mountain Pacific Investment Advisers Inc bought 104,380 shares as the company's stock declined 2.07% while stock markets rallied.

Arthur J. Gallagher & Co. had a return on equity of 13.68% and a net margin of 7.62%. (NYSE:AJG) traded up 0.15% during midday trading on Thursday, hitting $61.81. The dividend was $0.390 per share for the quarter which is $1.56 annualized. The business had revenue of $1.56 billion for the quarter, compared to analyst estimates of $1.54 billion. The firm's revenue for the quarter was up 9.6% on a year-over-year basis. Analysts forecast earnings per share of $0.80, up exactly $0.03 or 3.90 % from 2014's $0.77 EPS.

The firm also recently announced a quarterly dividend, which was paid on Friday, September 15th. Independent Consultants holds 0.05% or 1,614 shares. This dividend represents a yield of $2.56 which is the dividend as a percentage of the current share price. The ex-dividend date was Wednesday the 30th of August 2017.

ILLEGAL ACTIVITY NOTICE: "Arthur J. Gallagher & Co".

Mountain Pacific Investment Advisers Inc increased its stake in Arthur J Gallagher & Co (AJG) by 75.67% based on its latest 2017Q2 regulatory filing with the SEC. 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. The stock of Arthur J Gallagher & Co (NYSE:AJG) earned "Market Perform" rating by William Blair on Monday, March 21. The shares were sold at an average price of $56.95, for a total value of $1,140,879.35. Following the sale, the insider now directly owns 4,055 shares of the company's stock, valued at $234,297.90. The disclosure for this sale can be found here. Insiders have sold a total of 30,500 shares of company stock valued at $1,804,115 over the last ninety days.

Comm State Bank invested in 124,029 shares. On average, equities research analysts predict that Arthur J. Gallagher & Co. will post $3.02 EPS for the current year. 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. Archford Capital Strategies LLC raised its position in Arthur J Gallagher & Co by 26.2% in the fourth quarter. Thomaspartners owns 3.44 million shares or 1.69% of their U.S. portfolio. Eaton Vance Mngmt invested 0.02% in Arthur J Gallagher & Co (NYSE:AJG). Moreover, Lawson Kroeker Investment Management Inc Ne has 2.79% invested in the company for 145,380 shares. Veritable L.P. lifted its stake in Arthur J. Gallagher & Co.by 0.8% in the second quarter. (NYSE:AJG) has insider ownership of 1.60% and institutional ownership of 81.29%. Natl Bank Of Montreal Can has invested 0.01% in Arthur J Gallagher & Co (NYSE:AJG). LLC now owns 67,866 shares of the financial services provider's stock valued at $3,526,000 after buying an additional 53,650 shares during the last quarter.

Arthur J. Gallagher & Co. and its subsidiaries are engaged in providing insurance brokerage and consulting services, and third-party claims settlement and administration services to both domestic and worldwide entities.

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