EPS for Brown & Brown, Inc. (BRO) Expected At $0.27

June 14, 2018 - By Vivian Currie

Brown & Brown, Inc. (NYSE:BRO) LogoInvestors sentiment increased to 7.35 in Q1 2018. Its up 6.37, from 0.98 in 2017Q4. It is positive, as 13 investors sold Brown & Brown, Inc. shares while 18 reduced holdings. 50 funds opened positions while 178 raised stakes. 384.28 million shares or 295.49% more from 97.17 million shares in 2017Q4 were reported.
Price T Rowe Associates Md accumulated 0.03% or 7.71M shares. Horizon Kinetics Lc invested 0.01% of its portfolio in Brown & Brown, Inc. (NYSE:BRO). 18,420 are owned by State Of Alaska Department Of Revenue. New York-based Alliancebernstein Lp has invested 0.01% in Brown & Brown, Inc. (NYSE:BRO). American Interest Grp Inc holds 457,668 shares or 0.04% of its portfolio. 56 are held by Cornerstone Inc. Stratos Wealth Prtnrs holds 0% of its portfolio in Brown & Brown, Inc. (NYSE:BRO) for 408 shares. Schroder Management Gru invested 0.14% in Brown & Brown, Inc. (NYSE:BRO). Moreover, Prelude Capital Mngmt Lc has 0% invested in Brown & Brown, Inc. (NYSE:BRO) for 464 shares. Signaturefd Lc reported 210 shares. The California-based Wells Fargo And Co Mn has invested 0.09% in Brown & Brown, Inc. (NYSE:BRO). D E Shaw And has 343,623 shares for 0.01% of their portfolio. Diamond Hill invested in 3.11 million shares. Hermes Investment Mgmt Ltd holds 1.95 million shares. Paloma Prns Management has 0.01% invested in Brown & Brown, Inc. (NYSE:BRO) for 14,459 shares.

Since March 13, 2018, it had 0 insider purchases, and 1 insider sale for $7.40 million activity.

Analysts expect Brown & Brown, Inc. (NYSE:BRO) to report $0.27 EPS on July, 16.They anticipate $0.02 EPS change or 8.00 % from last quarter’s $0.25 EPS. BRO’s profit would be $74.58M giving it 26.15 P/E if the $0.27 EPS is correct. After having $0.33 EPS previously, Brown & Brown, Inc.’s analysts see -18.18 % EPS growth. The stock decreased 0.18% or $0.05 during the last trading session, reaching $28.24. About 246,627 shares traded. Brown & Brown, Inc. (NYSE:BRO) has risen 29.47% since June 14, 2017 and is uptrending. It has outperformed by 16.90% the S&P500.

Brown & Brown, Inc. (NYSE:BRO) Ratings Coverage

Among 8 analysts covering Brown & Brown (NYSE:BRO), 2 have Buy rating, 3 Sell and 3 Hold. Therefore 25% are positive. Brown & Brown had 13 analyst reports since December 21, 2017 according to SRatingsIntel. The firm has “Sell” rating by Citigroup given on Friday, February 9. The company was maintained on Thursday, March 29 by Deutsche Bank. The company was maintained on Tuesday, April 24 by SunTrust. Keefe Bruyette & Woods maintained Brown & Brown, Inc. (NYSE:BRO) rating on Thursday, December 21. Keefe Bruyette & Woods has “Hold” rating and $55.0 target. The firm earned “Underweight” rating on Wednesday, March 28 by Morgan Stanley. The company was maintained on Tuesday, April 3 by Morgan Stanley. The firm has “Sell” rating by Citigroup given on Tuesday, May 8. The firm has “Hold” rating given on Tuesday, January 23 by RBC Capital Markets. The rating was maintained by Barclays Capital on Monday, April 2 with “Underweight”. The rating was maintained by Morgan Stanley on Tuesday, May 29 with “Underweight”.

Brown & Brown, Inc. markets and sells insurance services and products primarily in the United States, as well as in England, Bermuda, and the Cayman Islands. The company has market cap of $7.80 billion. The Company’s Retail segment provides property insurance relating to physical damage to property and resultant interruption of business, or extra expense caused by fire, windstorm, or other perils; casualty insurance; fidelity and surety bonds; and life, accident, disability, health, hospitalization, medical, dental, and other ancillary insurance products, as well as risk management and loss control surveys and analysis, consultation, and claims processing services. It has a 19.13 P/E ratio. The companyÂ’s National Programs segment offers professional liability and related package insurance products for professional groups comprising dentists, oral surgeons, hygienists, lawyers, certified public accountants, optometrists, opticians, ophthalmologists, insurance agents, financial advisors, registered representatives, securities broker-dealers, benefit administrators, real estate brokers, real estate title agents, and escrow agents, as well as supplementary insurance products related to weddings, events, medical facilities, and cyber liabilities.

More recent Brown & Brown, Inc. (NYSE:BRO) news were published by: Globenewswire.com which released: “Report: Developing Opportunities within Stifel Financial, Cenovus Energy, Brown & Brown, Dover, Affiliated Managers …” on May 31, 2018. Also Globenewswire.com published the news titled: “Brown & Brown, Inc. Enters Into Agreement to Acquire Servco Pacific Insurance” on June 05, 2018. Bizjournals.com‘s news article titled: “Central Florida insurance giant Brown & Brown strikes a deal” with publication date: June 06, 2018 was also an interesting one.

Brown & Brown, Inc. (NYSE:BRO) Institutional Positions Chart

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