Analysts See $0.75 EPS for Arthur J. Gallagher & Co. (AJG)

January 18, 2018 - By Nellie Frank

 Analysts See $0.75 EPS for Arthur J. Gallagher & Co. (AJG)
Investors sentiment decreased to 1.08 in 2017 Q3. Its down 0.45, from 1.53 in 2017Q2. It turned negative, as 33 investors sold Arthur J. Gallagher & Co. shares while 153 reduced holdings. 59 funds opened positions while 141 raised stakes. 143.95 million shares or 0.70% more from 142.95 million shares in 2017Q2 were reported.
Hartford Management, Connecticut-based fund reported 56,904 shares. Rhumbline Advisers accumulated 360,611 shares. Cleararc Capital invested 0.04% in Arthur J. Gallagher & Co. (NYSE:AJG). Crawford Inv Counsel reported 11,460 shares. Tru Of Toledo Na Oh owns 28,727 shares. Liberty Mutual Gru Asset Mngmt Incorporated accumulated 7,268 shares. Yorktown Management Research Com Incorporated holds 4,100 shares. Utah Retirement Systems invested in 0.05% or 32,589 shares. 584,989 were reported by Kornitzer Mgmt Ks. Alpine Woods Cap Invsts Limited Co holds 7,200 shares. 7,114 were reported by Pitcairn Com. Tiaa Cref Management Limited Liability Company holds 0.01% or 325,312 shares in its portfolio. Brown Advisory Incorporated holds 0.03% or 139,968 shares in its portfolio. Amalgamated Bank holds 0.07% of its portfolio in Arthur J. Gallagher & Co. (NYSE:AJG) for 36,049 shares. Fil Ltd, a Bermuda-based fund reported 324,086 shares.

Since August 1, 2017, it had 0 insider buys, and 4 insider sales for $1.80 million activity. $597,821 worth of Arthur J. Gallagher & Co. (NYSE:AJG) was sold by HOWELL DOUGLAS K on Thursday, September 14. Cavaness Joel D also sold $587,300 worth of Arthur J. Gallagher & Co. (NYSE:AJG) on Thursday, August 3.

Analysts expect Arthur J. Gallagher & Co. (NYSE:AJG) to report $0.75 EPS on January, 25.They anticipate $0.09 EPS change or 13.64 % from last quarter’s $0.66 EPS. AJG’s profit would be $135.60M giving it 21.25 P/E if the $0.75 EPS is correct. After having $0.81 EPS previously, Arthur J. Gallagher & Co.’s analysts see -7.41 % EPS growth. The stock decreased 0.45% or $0.29 during the last trading session, reaching $63.76. About 248,486 shares traded. Arthur J. Gallagher & Co. (NYSE:AJG) has risen 17.09% since January 18, 2017 and is uptrending. It has outperformed by 0.39% the S&P500.

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

Among 14 analysts covering Arthur J. Gallagher (NYSE:AJG), 7 have Buy rating, 1 Sell and 6 Hold. Therefore 50% are positive. Arthur J. Gallagher had 44 analyst reports since August 28, 2015 according to SRatingsIntel. The rating was downgraded by Raymond James to “Market Perform” on Tuesday, May 2. The rating was maintained by RBC Capital Markets on Monday, July 10 with “Hold”. RBC Capital Markets maintained the stock with “Hold” rating in Friday, October 27 report. Keefe Bruyette & Woods maintained Arthur J. Gallagher & Co. (NYSE:AJG) on Thursday, August 17 with “Buy” rating. The rating was maintained by Wells Fargo with “Buy” on Friday, April 28. The firm has “Sell” rating given on Tuesday, November 15 by Goldman Sachs. As per Thursday, December 1, the company rating was downgraded by Citigroup. On Monday, August 7 the stock rating was maintained by Citigroup with “Neutral”. The rating was maintained by RBC Capital Markets with “Sector Perform” on Thursday, October 29. The firm earned “Market Perform” rating on Monday, March 21 by William Blair.

Arthur J. Gallagher & Co., together with its subsidiaries, provides insurance brokerage and risk management services in the United States and internationally. The company has market cap of $11.53 billion. The Company’s Brokerage segment consists of retail and wholesale insurance brokerage operations. It has a 25.48 P/E ratio. The companyÂ’s retail brokerage activities negotiate and place property/casualty, employer-provided health and welfare insurance, and healthcare exchange and retirement solutions primarily for middle-market commercial, industrial, public entity, religious, and not-for-profit entities.

More notable recent Arthur J. Gallagher & Co. (NYSE:AJG) news were published by: Prnewswire.com which released: “Arthur J. Gallagher & Co. Announces Fourth Quarter 2017 Earnings Release And …” on January 12, 2018, also Nasdaq.com with their article: “Arthur J. Gallagher (AJG) Looks Promising: Time to Add?” published on December 28, 2017, Dailyherald.com published: “Arthur J. Gallagher acquires The Daniels Group” on January 16, 2018. More interesting news about Arthur J. Gallagher & Co. (NYSE:AJG) were released by: Prnewswire.com and their article: “Arthur J. Gallagher & Co. Acquires The Daniels Group, Inc.” published on January 15, 2018 as well as Insurancejournal.com‘s news article titled: “Arthur J. Gallagher & Co. Acquires New Jersey’s The Daniels Group” with publication date: January 18, 2018.

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