(NYSE:AJG) during the third quarter, Holdings Channel reports. Institutional ownership in the company is 84.10% while the short ratio is 3.56. Arthur J. Gallagher & Co. earned a news impact score of 0.25 on Accern's scale. Dimensional Fund Advisors Lp bolstered its holdings by buying 7,115 shares an increase of 1.0% from 06/30/2017 to 09/30/2017. Langen Mcalenn analyst R. Glasspiegel now forecasts that the financial services provider will earn $0.83 per share for the quarter, down from their previous forecast of $0.86. Ferguson Wellman Capital Mngmt Incorporated has invested 0.25% in Arthur J Gallagher & Co (NYSE:AJG).
News coverage about Arthur J. Gallagher & Co. Ironwood Investment Counsel owns 3,939 shares. Finally, Blair William & Co.
In other Arthur J. Gallagher & Co. news, CFO Douglas K. Howell sold 9,967 shares of the stock in a transaction on Thursday, September 14th.
Arthur J. Gallagher & Co. has a fifty-two week low of $48.97 and a fifty-two week high of $64.45. (AJG) traded down $0.14 during mid-day trading on Monday, reaching $63.94. The company had a trading volume of 589,600 shares, compared to its average volume of 811,547. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 0.66. Arthur J. Gallagher had 40 analyst reports since August 28, 2015 according to SRatingsIntel.
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 global entities. (NYSE:AJG) last posted its earnings results on Thursday, October 26th. The financial services provider reported $0.81 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.79 by $0.02. The company had revenue of $1.58 billion for the quarter, compared to analyst estimates of $1.60 billion. A month ago, they told us to expect earnings of US$0.5 per share while three months ago their EPS consensus estimate was US$0.5. Short interest decreased from 2,705,652 to 2,532,182 over that period.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Its up 0.26, from 1.27 in 2017Q1. The rating was maintained by Morgan Stanley with "Equal-Weight" on Thursday, November 2. The median estimate represents a 2.44% increase from the last price. RBC Capital Markets maintained Arthur J Gallagher & Co (NYSE:AJG) rating on Friday, October 27. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. English sold 1,500 shares of the business's stock in a transaction dated Friday, November 3rd. The shares were sold at an average price of $63.67, for a total value of $95,505.00. Following the sale, the director now owns 10,600 shares of the company's stock, valued at $674,902. The disclosure for this sale can be found here. In the last 90 days, insiders sold 15,068 shares of company stock valued at $901,391.
Since May 22, 2017, it had 0 insider buys, and 4 sales for $1.91 million activity. The original version of this piece of content can be read at https://www.truebluetribune.com/2017/11/15/arthur-j-gallagher-co-ajg-price-target-raised-to-69-00.html. "(AJG)" was published by Week Herald and is the property of of Week Herald. If you are reading this report on another publication, it was illegally copied and reposted in violation of United States and worldwide copyright laws.
Arthur J. Gallagher & Co.
A number of equities research analysts recently weighed in on AJG shares. Barclays PLC raised the price target on October 16 boosting the projection from $68.00 to $70.00 with a "Overweight" recommendation. Citigroup Inc. increased their price target on shares of Arthur J. Gallagher & Co. from $56.00 to $57.00 and gave the company a "buy" rating in a research note on Tuesday, October 11th. Zacks Investment Research raised Arthur J. Gallagher & Co. from a "sell" rating to a "hold" rating in a report on Wednesday, August 2nd. One research analyst has rated the stock with a sell rating, five have issued a hold rating and six have given a buy rating to the stock. The consensus price target of $66.00 also implies significant upside from the current price of $65.10.
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 global entities.
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. The Company operates through three segments: brokerage, risk management and corporate.