Arthur J. Gallagher & CO (NYSE:AJG) Just Reported Decreased Shorts

February 21, 2018 - By Maria Brooks

 Arthur J. Gallagher & CO (NYSE:AJG) Just Reported Decreased Shorts

Investors sentiment decreased to 1.08 in 2017 Q3. Its down 0.45, from 1.53 in 2017Q2. It fall, 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.
Moreover, Warren Averett Asset Mngmt Limited Liability Company has 0.1% invested in Arthur J. Gallagher & Co. (NYSE:AJG) for 7,238 shares. The North Carolina-based Bb&T has invested 0.04% in Arthur J. Gallagher & Co. (NYSE:AJG). Wells Fargo Mn invested in 0.01% or 488,992 shares. Natl Asset holds 0.05% or 4,869 shares in its portfolio. Mountain Pacific Inv Advisers Id stated it has 257,718 shares. Moreover, Sumitomo Mitsui Asset Mgmt Limited has 0.01% invested in Arthur J. Gallagher & Co. (NYSE:AJG). Raymond James Associate invested in 417,705 shares. Manufacturers Life The holds 0.12% of its portfolio in Arthur J. Gallagher & Co. (NYSE:AJG) for 1.64 million shares. Kornitzer Cap Ks has 584,989 shares. 637 are held by Acadian Asset Mgmt Ltd Liability Corp. Pension holds 0.07% or 207,539 shares in its portfolio. Schroder Inv Mngmt Gp owns 1.28M shares. X Management Com Ltd Com holds 9,216 shares. Dynamic Solutions Ltd Llc owns 7,839 shares. State Of Alaska Department Of Revenue reported 0.11% in Arthur J. Gallagher & Co. (NYSE:AJG).

Since August 31, 2017, it had 0 buys, and 8 insider sales for $3.02 million activity. Another trade for 1,500 shares valued at $105,220 was made by Bay Walter D. on Friday, November 3. HOWELL DOUGLAS K also sold $354,484 worth of Arthur J. Gallagher & Co. (NYSE:AJG) on Wednesday, February 14. $98,163 worth of Arthur J. Gallagher & Co. (NYSE:AJG) shares were sold by HAND ELBERT O. The insider GALLAGHER THOMAS JOSEPH sold 11,500 shares worth $802,700. The insider Pietrucha Susan E sold 3,601 shares worth $208,066. DURKIN JAMES W JR had sold 11,670 shares worth $815,733.

The stock of Arthur J. Gallagher & CO (NYSE:AJG) registered a decrease of 15.41% in short interest. AJG’s total short interest was 2.88 million shares in February as published by FINRA. Its down 15.41% from 3.41 million shares, reported previously. With 1.28M shares average volume, it will take short sellers 2 days to cover their AJG’s short positions. The short interest to Arthur J. Gallagher & CO’s float is 1.61%.

The stock increased 0.66% or $0.455 during the last trading session, reaching $69.765. About 535,822 shares traded. Arthur J. Gallagher & Co. (NYSE:AJG) has risen 17.09% since February 21, 2017 and is uptrending. It has outperformed by 0.39% the S&P500.

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 $12.66 billion. The Company’s Brokerage segment consists of retail and wholesale insurance brokerage operations. It has a 27.47 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.

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 48 analyst reports since August 28, 2015 according to SRatingsIntel. The stock of Arthur J. Gallagher & Co. (NYSE:AJG) has “Buy” rating given on Wednesday, June 7 by Keefe Bruyette & Woods. Citigroup maintained it with “Neutral” rating and $62 target in Monday, August 7 report. Compass Point maintained the stock with “Buy” rating in Friday, July 29 report. The rating was maintained by RBC Capital Markets on Friday, July 28 with “Hold”. The firm earned “Hold” rating on Monday, October 9 by RBC Capital Markets. The firm earned “Buy” rating on Thursday, December 21 by Keefe Bruyette & Woods. The firm earned “Buy” rating on Friday, December 8 by Wells Fargo. RBC Capital Markets maintained Arthur J. Gallagher & Co. (NYSE:AJG) on Monday, May 1 with “Hold” rating. The firm earned “Neutral” rating on Thursday, July 13 by Citigroup. The rating was maintained by RBC Capital Markets with “Sector Perform” on Thursday, October 29.

More notable recent Arthur J. Gallagher & Co. (NYSE:AJG) news were published by: Prnewswire.com which released: “Arthur J. Gallagher & Co. Increases Quarterly Cash Dividend To $0.41 Per Share” on January 24, 2018, also Prnewswire.com with their article: “Arthur J. Gallagher & Co. Acquires Williams Insurance Agency, Inc.” published on February 06, 2018, Reuters.com published: “BRIEF-Arthur J. Gallagher Acquires Williams Insurance Agency” on February 06, 2018. More interesting news about Arthur J. Gallagher & Co. (NYSE:AJG) were released by: Finance.Yahoo.com and their article: “Arthur J. Gallagher (AJG) Beats on Q4 Earnings and Revenues” published on January 26, 2018 as well as Seekingalpha.com‘s news article titled: “Arthur J. Gallagher’s (AJG) CEO Patrick Gallagher on Q4 2017 Results …” with publication date: January 26, 2018.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.