Stock is up at $62.04 (AJG) Arthur J. Gallagher & Co. Announces…

The correct version of this story can be viewed at https://weekherald.com/2017/10/11/arthur-j-gallagher-co-ajg-expected-to-post-q3-2017-earnings-of-0-78-per-share.html. During the same quarter in the prior year, the firm posted $0.96 EPS. Langen Mcalenn also issued estimates for Arthur J. Gallagher & Co.'s FY2017 earnings at $2.98 EPS. It increased, as 20 investors sold AJG shares while 130 reduced holdings. Barclays PLC lifted their price objective on shares of Arthur J. Gallagher & Co. from $61.00 to $66.00 and gave the company an "overweight" rating in a research note on Monday, July 3rd. Keefe Bruyette & Woods maintained Arthur J Gallagher & Co (NYSE:AJG) on Thursday, October 5 with "Buy" rating. Finally, Royal Bank Of Canada reiterated a "hold" rating and issued a $54.00 price objective on shares of Arthur J. Gallagher & Co.in a research note on Wednesday, July 12th.

On 7/27/2016 Arthur J. Gallagher & Co. announced a quarterly dividend of $0.38 3.08% with an ex dividend date of 8/31/2016 which will be payable on 9/16/2016.

10/4/2017-Deutsche Bank AG was Downgraded by analysts at Deutsche Bank AG from a "Buy " rating to a " Hold" rating. (NYSE:AJG) is Hold (Score: 2.33) with a consensus target price of $63.43 per share, a potential 2.52% upside.

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Investors wait Arthur J Gallagher & Co (NYSE:AJG) to report on October, 26. its quarterly earnings Wall Street analysts expect $0.80 earnings per share, up $0.03 or 3.90 % from last year's $0.77 same quarter earnings. The stock of Arthur J Gallagher & Co (NYSE:AJG) earned "Hold" rating by RBC Capital Markets on Monday, July 10. The stock has a market capitalization of $11.12 billion, a P/E ratio of 24.89 and a beta of 1.21.

It is now trading at $62.04 a tad higher than the 50 day moving average of $60.09 and a bit higher than the 200 day moving average of $57.88. Arthur J. Gallagher has $68 highest and $44 lowest target. $439,365 worth of Arthur J Gallagher & Co (NYSE:AJG) was sold by Ziebell William F on Wednesday, May 24. (NYSE:AJG) traded up 0.15% during midday trading on Thursday, hitting $61.81. The business had revenue of $1.56 billion for the quarter, compared to the consensus estimate of $1.54 billion. Visionary Asset Management has invested 0.97% in Arthur J Gallagher & Co (NYSE:AJG).

Comm State Bank invested in 124,029 shares.

Recent Insider Trading Activity For Arthur J. Gallagher & Co.

About 44,450 shares traded. Moreover, Trust Of Toledo Na Oh has 0.44% invested in Arthur J Gallagher & Co (NYSE:AJG). Pacer Advisors Inc. now owns 3,176 shares of the financial services provider's stock worth $180,000 after acquiring an additional 99 shares during the period. State Street Corp grew its stake in Arthur J. Gallagher & Co.by 2.5% in the first quarter. Following the completion of the transaction, the insider now owns 112 shares of the company's stock, valued at approximately $6,278.72. Victory Capital Management Inc. grew its stake in Arthur J. Gallagher & Co.by 9.9% in the second quarter. Victory Capital Management Inc. now owns 3,598,595 shares of the financial services provider's stock valued at $206,020,000 after acquiring an additional 325,405 shares during the period. Epoch Investment Partners Inc. now owns 2,758,657 shares of the financial services provider's stock valued at $157,933,000 after acquiring an additional 201,141 shares during the period.

On 9/14/2017 Douglas K Howell, CFO, sold 9,967 with an average share price of $59.98 per share and the total transaction amounting to $597,820.66. Following the completion of the transaction, the chief financial officer now directly owns 47,767 shares of the company's stock, valued at $2,865,064.66. The sale was disclosed in a filing with the SEC, which is available at this link. As per Monday, August 7, the company rating was maintained by Citigroup. The stock has "Neutral" rating by Citigroup on Thursday, December 1. The disclosure for this sale can be found here.

On 8/1/2017 Susan E Pietrucha, Insider, sold 6,932 with an average share price of $59.28 per share and the total transaction amounting to $410,928.96. The institutional investor held 242,323 shares of the specialty insurers company at the end of 2017Q2, valued at $13.87 million, up from 137,943 at the end of the previous reported quarter.

The firm also recently announced a quarterly dividend, which was paid on Friday, September 15th. Shareholders of record on Friday, June 2nd will be issued a $0.39 dividend. The ex-dividend date is Wednesday, May 31st. This dividend represents a yield of $2.56 which is the dividend as a percentage of the current share price. Art Advsr Ltd Liability Corp has 0.01% invested in Arthur J Gallagher & Co (NYSE:AJG).