Insider Trading at Arthur J

Paterniano Del Favero
Agosto 8, 2017

Fenimore Asset Management Inc. increased its stake in Arthur J. Gallagher & Co. (NYSE:AJG) by 0.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 82.16% of the company's stock.

ILLEGAL ACTIVITY NOTICE: "Arthur J. Gallagher & Co". Ltd.'s holdings in Arthur J. Gallagher & Co. were worth $1,238,000 at the end of the most recent reporting period. Finally, Chevy Chase Trust Holdings Inc. raised its position in Arthur J. Gallagher & Co.by 3.5% in the first quarter. Victory Capital Management Inc now owns 22,130 shares valued at $1,267,000.

11/15/2016 - Arthur J. Gallagher & Co. was downgraded to " by analysts at Goldman Sachs. Advantus Capital Management Inc now owns 17,875 shares of the financial services provider's stock worth $1,011,000 after buying an additional 70 shares in the last quarter. Court Place Advisors LLC purchased a new position in Arthur J. Gallagher & Co. during the first quarter worth approximately $201,000. BB&T Securities LLC now owns 37,437 shares of the financial services provider's stock valued at $2,116,000 after buying an additional 14,029 shares during the period. BB&T Securities LLC raised its stake in Arthur J. Gallagher & Co.by 59.9% in the first quarter. Private Advisory Group LLC now owns 4,747 shares of the financial services provider's stock worth $268,000 after buying an additional 32 shares in the last quarter. (AJG) Stake Raised by Nomura Asset Management Co. Arthur J. Gallagher & Co. accounts for 1.8% of Alley Co LLC's investment portfolio, making the stock its 19th largest position. Westfield Capital Management Co. Charter Trust Co. now owns 9,313 shares of the financial services provider's stock worth $527,000 after buying an additional 88 shares in the last quarter. Arthur J. Gallagher & Co. has a 1-year low of $47.16 and a 1-year high of $59.64. (NYSE:AJG) traded up 0.63% during trading on Friday, hitting $59.02. The 50 day moving average went up by +1.71% whereas the 200 day moving average was up $2.51 or +4.46%.

About Arthur J. Gallagher & Co.

The P/E ratio is now 23.80 and market cap is 10.63B.

Arthur J. Gallagher & Co. had its " rating reiterated by analysts at Barclays. (NYSE:AJG) last released its quarterly earnings data on Thursday, July 27th. The financial services provider reported $1.03 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.02 by $0.01. The company had revenue of $1.56 billion during the quarter, compared to the consensus estimate of $1.54 billion. Janus Capital Management has an ownership of 1,770,280 stocks of the financial services provider's shares valued at $100,092,000 after scooping up an extra 338,651 shares through out the previous quarter, Lastly, Westfield Capital Management boosted its position in Arthur J. Gallagher by 40.4% in the Q1. During the same quarter in the previous year, the business posted $0.96 EPS. Equities research analysts forecast that Arthur J. Gallagher & Co. will post $3.00 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, September 15th. Investors of record on Friday, September 1st will be given a dividend of $0.39 per share. The ex-dividend date of this dividend is Wed, Aug 30th. This represents a $1.56 annualized dividend and a dividend yield of 2.64%. Arthur J. Gallagher & Co.'s dividend payout ratio (DPR) is 62.90%. "(AJG) Announces Earnings Results" was originally posted by Markets Daily and is the sole property of of Markets Daily. If you are reading this news story on another website, it was stolen and republished in violation of US and global trademark and copyright legislation.

Several equities analysts have commented on the company. BidaskClub upgraded shares of Arthur J. Gallagher & Co. from a "hold" rating to a "buy" rating in a research note on Saturday, July 1st.

10/14/2015 - Wells Fargo began new coverage on Arthur J. Gallagher & Co. giving the company a " rating. They noted that the move was a valuation call. Royal Bank Of Canada restated a "hold" rating and set a $54.00 price objective on shares of Arthur J. Gallagher & Co.in a research report on Wednesday, July 12th. One analyst has rated the stock with a sell rating, four have issued a hold rating and six have issued a buy rating to the stock. They now have a United States dollars 66 price target on the stock.

In other Arthur J. Gallagher & Co. news, VP Joel D. Cavaness sold 10,000 shares of the company's stock in a transaction dated Thursday, August 3rd. Following the completion of the sale, the insider now owns 112 shares of the company's stock, valued at $6,278.72. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Susan E. Pietrucha sold 4,133 shares of the company's stock in a transaction that occurred on Monday, May 22nd. The shares were purchased at an average price of $56.59. Following the transaction, the vice president now owns 96,186 shares of the company's stock, valued at $5,649,003.78. The disclosure for this sale can be found here. Following the completion of the transaction, the chief financial officer now owns 47,800 shares of the company's stock, valued at approximately $2,813,030. Corporate insiders own 1.60% of the company's stock.

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. The Company operates through three segments: brokerage, risk management and corporate.

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