Arthur J Gallagher & Co (AJG) Analysts See $1.03 EPS

July 18, 2017 - By Kurt Siggers

 Arthur J Gallagher & Co (AJG) Analysts See $1.03 EPS
Investors sentiment increased to 1.19 in Q4 2016. Its up 0.01, from 1.18 in 2016Q3. It increased, as 38 investors sold Arthur J Gallagher & Co shares while 144 reduced holdings. 65 funds opened positions while 151 raised stakes. 142.24 million shares or 1.41% more from 140.26 million shares in 2016Q3 were reported.
Moreover, Glenmede Trust Na has 0% invested in Arthur J Gallagher & Co (NYSE:AJG) for 9,068 shares. The Illinois-based Hightower Ltd Liability Corporation has invested 0.01% in Arthur J Gallagher & Co (NYSE:AJG). Raymond James Fincl Svcs Advsrs Inc stated it has 6,383 shares. Nordea Mngmt Ab owns 0% invested in Arthur J Gallagher & Co (NYSE:AJG) for 20,581 shares. 65,007 are owned by Verity Verity Lc. Advantus Capital Management holds 0.02% or 17,805 shares. Strategy Asset Managers Ltd Llc reported 0.45% of its portfolio in Arthur J Gallagher & Co (NYSE:AJG). First Interstate Bankshares reported 20 shares. Visionary Asset Mngmt stated it has 1.08% of its portfolio in Arthur J Gallagher & Co (NYSE:AJG). Gemmer Asset Mngmt Lc invested in 195 shares. Employees Retirement Sys Of Texas holds 5,000 shares. Moreover, Ibm Retirement Fund has 0.03% invested in Arthur J Gallagher & Co (NYSE:AJG) for 13,837 shares. Bbva Compass Natl Bank has invested 0.03% of its portfolio in Arthur J Gallagher & Co (NYSE:AJG). Natixis holds 0.01% of its portfolio in Arthur J Gallagher & Co (NYSE:AJG) for 19,909 shares. Evercore Wealth Ltd Llc reported 3,206 shares.

Since January 30, 2017, it had 0 buys, and 12 sales for $5.25 million activity. $540,891 worth of stock was sold by Cavaness Joel D on Monday, February 13. Ziebell William F had sold 7,764 shares worth $439,365 on Wednesday, May 24. McCurdy Kay W also sold $126,175 worth of Arthur J Gallagher & Co (NYSE:AJG) on Monday, January 30. Bay Walter D. sold $166,634 worth of stock or 3,000 shares. DURKIN JAMES W JR sold $384,123 worth of stock or 6,900 shares. Another trade for 3,125 shares valued at $168,563 was sold by JOHNSON DAVID S. The insider HOWELL DOUGLAS K sold 20,000 shares worth $1.18 million.

Wall Street await Arthur J Gallagher & Co (NYSE:AJG) to release earnings on July, 27. Analysts forecast earnings per share of $1.03, up exactly $0.06 or 6.19 % from 2014’s $0.97 EPS. The expected AJG’s profit could reach $185.04 million giving the stock 13.96 P/E in the case that $1.03 earnings per share is reported. After posting $0.40 EPS for the previous quarter, Arthur J Gallagher & Co’s analysts now forecast 157.50 % EPS growth. The stock decreased 0.19% or $0.11 during the last trading session, reaching $57.5. About 790,235 shares traded. Arthur J Gallagher & Co (NYSE:AJG) has risen 17.09% since July 18, 2016 and is uptrending. It has outperformed by 0.39% the S&P500.

Arthur J Gallagher & Co (NYSE:AJG) Ratings Coverage

Among 11 analysts covering Arthur J. Gallagher (NYSE:AJG), 5 have Buy rating, 1 Sell and 5 Hold. Therefore 45% are positive. Arthur J. Gallagher had 27 analyst reports since August 28, 2015 according to SRatingsIntel. RBC Capital Markets maintained Arthur J Gallagher & Co (NYSE:AJG) on Monday, May 1 with “Hold” rating. The firm has “Buy” rating given on Tuesday, June 13 by Wells Fargo. The stock of Arthur J Gallagher & Co (NYSE:AJG) has “Sell” rating given on Tuesday, November 15 by Goldman Sachs. The rating was maintained by Keefe Bruyette & Woods on Wednesday, June 7 with “Buy”. The rating was downgraded by Goldman Sachs on Monday, November 2 to “Neutral”. The stock of Arthur J Gallagher & Co (NYSE:AJG) earned “Buy” rating by Compass Point on Friday, February 5. The firm earned “Outperform” rating on Wednesday, October 14 by Wells Fargo. Compass Point maintained it with “Buy” rating and $59 target in Friday, July 29 report. Citigroup downgraded the stock to “Neutral” rating in Thursday, December 1 report. RBC Capital Markets maintained the stock with “Sector Perform” rating in Thursday, February 4 report.

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 international entities. The company has market cap of $10.33 billion. The Firm operates through three divisions: brokerage, risk management and corporate. It has a 24.25 P/E ratio. The brokerage segment primarily consists of retail and wholesale insurance brokerage operations.

More notable recent Arthur J Gallagher & Co (NYSE:AJG) news were published by: Nasdaq.com which released: “August 18th Options Now Available For Arthur J. Gallagher (AJG)” on June 19, 2017, also Businessinsurance.com with their article: “Top insurance brokers, No. 4: Arthur J. Gallagher & Co.” published on July 03, 2017, Insurancejournal.com published: “Arthur J. Gallagher Launches Crime & Management Liability Cover for UK SMEs” on June 21, 2017. More interesting news about Arthur J Gallagher & Co (NYSE:AJG) were released by: Prnewswire.com and their article: “Arthur J. Gallagher & Co. Announces Second Quarter 2017 Earnings Release And …” published on July 10, 2017 as well as Njbiz.com‘s news article titled: “Arthur J. Gallagher adds exec to private client, personal lines business” with publication date: July 05, 2017.

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