RBC Capital Markets maintained Arthur J Gallagher & Co (NYSE:AJG) rating on Friday, July 28. The firm owned 245,172 shares of the financial services provider's stock after selling 129,400 shares during the period. Lpl Fincl Limited Liability Com invested 0.01% in Arthur J Gallagher & Co (NYSE:AJG).
Investors are a little more bullish on shares of the company recently if you put credence in the decrease in short interest.
Arthur J. Gallagher & Co. Victory Capital Management Inc. now owns 3,598,595 shares of the financial services provider's stock valued at $206,020,000 after acquiring an additional 325,405 shares during the period. Also, the number of investment managers holding Gallagher Arthur J & Co in their top 10 stock positions decreased from 4 to 2 for a decrease of 2. Raymond James Financial Services Advisors Inc. now owns 6,688 shares of the financial services provider's stock worth $378,000 after acquiring an additional 305 shares during the period. The original version of this news story can be read at https://www.truebluetribune.com/2017/10/12/langen-mcalenn-equities-analysts-lower-earnings-estimates-for-arthur-j-gallagher-co-ajg.html. 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. The dividend was $0.390 per share for the quarter which is $1.56 annualized. Archford Capital Strategies LLC now owns 19,332 shares of the financial services provider's stock valued at $1,004,000 after buying an additional 4,017 shares during the last quarter. Finally, Alliancebernstein L.P. lifted its holdings in shares of Arthur J. Gallagher & Co.by 12.4% during the 1st quarter. 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. Arthur J Gallagher & Co has a 1-year low of $43.90 and a 1-year high of $57.82.
EXACT Sciences Corporation (EXAS) Valuation According To Analysts
Spark Investment Management Llc decreased Unisys Corp (NYSE:UIS) stake by 112,847 shares to 39,500 valued at $505,000 in 2017Q2. That's a potential -3.23 decrease relative to where Exact Sciences Corporation (NASDAQ:EXAS) has been trading recently.
On 1/25/2017 Arthur J. Gallagher & Co. announced a quarterly dividend of $0.39 2.9% with an ex dividend date of 3/1/2017 which will be payable on 3/17/2017. The firm has a 50-day moving average price of $60.00 and a 200-day moving average price of $57.85. 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 net margin of 7.41% and a return on equity of 13.31%. (NYSE:AJG) last issued its quarterly earnings data on Thursday, July 27th. The financial services provider reported $1.03 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $1.02 by $0.01. The business had revenue of $1.56 billion for the quarter, compared to analyst estimates of $1.54 billion. The business's revenue was up 8.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.34 EPS. After posting $1.03 EPS for the previous quarter, Arthur J Gallagher & Co's analysts now forecast -22.33 % negative EPS growth.
The business also recently declared a quarterly dividend, which will be paid on Friday, June 16th. With short interest at 2,810,619 and short average daily volume at 856,771, the short-interest ratio is 3.0 and the percentage of shorted shares is 0.02% as of September 29. The ex-dividend date is Wednesday, May 31st. Natl Bank Of Montreal Can has invested 0.01% in Arthur J Gallagher & Co (NYSE:AJG). Art Advsr Ltd Liability Corp has 0.01% invested in Arthur J Gallagher & Co (NYSE:AJG). If you are reading this story on another publication, it was illegally stolen and reposted in violation of worldwide copyright and trademark law. Eaton Vance Mngmt invested 0.02% in Arthur J Gallagher & Co (NYSE:AJG). Following the sale, the insider now directly owns 4,055 shares of the company's stock, valued at $234,297.90.
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. Following the sale, the chief financial officer now directly owns 47,767 shares of the company's stock, valued at approximately $2,865,064.66. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. On Thursday, October 29 the stock rating was maintained by RBC Capital Markets with "Sector Perform". The shares were sold at an average price of $56.95, for a total value of $1,140,879.35. The disclosure for this sale can be found here. $231,696 worth of stock was sold by Pietrucha Susan E on Monday, May 22. (NYSE:AJG) has insider ownership of 1.60% and institutional ownership of 81.29%.
Rose McGowan's Twitter account reactivated
McGowan shared a snapshot of the message from Twitter to her Instagram account, detailing the suspension's terms and conditions. In an Instagram post , McGowan said she was facing a 12-hour ban from the social media site for violating Twitter's rules .
Several equities analysts recently commented on the stock. Deutsche Bank AG cut Arthur J. Gallagher & Co. from a "buy" rating to a "hold" rating and set a $64.00 price objective for the company.in a research note on Wednesday, October 4th.
Among 12 analysts covering Arthur J. Gallagher (NYSE:AJG), 5 have Buy rating, 1 Sell and 6 Hold.
Ratings analysis reveals 42% of Arthur J. Gallagher's analysts are positive. Zacks Investment Research raised Arthur J. Gallagher & Co. from a "sell" rating to a "hold" rating in a research note on Wednesday, August 2nd. The firm has "Sell" rating given on Tuesday, November 15 by Goldman Sachs.
Crown Castle International Corporation (CCI) Receives Consensus Recommendation of "Buy" from Brokerages
Dynamic Capital Management Ltd holds 0.22% of its portfolio in Regeneron Pharmaceuticals Inc (NASDAQ:REGN) for 2,000 shares. Pushing back over the last quarter, shares are 13.34%. 366,518 are held by Millennium Mngmt Limited Liability Corporation.
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.