Traders sold shares of Arthur J. Gallagher & Co. (NYSE:AJG) on strength during trading hours on Friday. $12.95 million flowed into the stock on the tick-up and $105.75 million flowed out of the stock on the tick-down, for a money net flow of $92.80 million out of the stock. Of all stocks tracked, Arthur J. Gallagher & Co. had the 0th highest net out-flow for the day. Arthur J. Gallagher & Co. traded up $0.02 for the day and closed at $48.54

Several research firms have commented on AJG. Keefe, Bruyette & Woods lifted their target price on shares of Arthur J. Gallagher & Co. from $55.00 to $57.00 and gave the stock an “outperform” rating in a research report on Monday, August 1st. JPMorgan Chase & Co. reaffirmed a “sell” rating and issued a $45.00 price target on shares of Arthur J. Gallagher & Co. in a report on Friday, July 29th. Compass Point lifted their price target on shares of Arthur J. Gallagher & Co. from $51.00 to $59.00 and gave the stock a “buy” rating in a report on Friday, July 29th. BMO Capital Markets reaffirmed an “outperform” rating and issued a $58.00 price target (up previously from $52.00) on shares of Arthur J. Gallagher & Co. in a report on Tuesday, July 12th. Finally, Wells Fargo & Co. reaffirmed a “buy” rating on shares of Arthur J. Gallagher & Co. in a report on Wednesday, June 15th. One analyst has rated the stock with a sell rating, four have issued a hold rating and eleven have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $50.21.

The stock has a market capitalization of $8.59 billion and a PE ratio of 22.00. The company’s 50-day moving average price is $48.95 and its 200-day moving average price is $45.43.

Arthur J. Gallagher & Co. (NYSE:AJG) last posted its quarterly earnings results on Thursday, July 28th. The company reported $0.97 EPS for the quarter, beating the Zacks’ consensus estimate of $0.96 by $0.01. The firm had revenue of $1.43 billion for the quarter, compared to analysts’ expectations of $1.44 billion. During the same quarter in the previous year, the company earned $0.93 EPS. The company’s quarterly revenue was up 4.1% compared to the same quarter last year. Equities research analysts anticipate that Arthur J. Gallagher & Co. will post $2.78 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, September 16th. Stockholders of record on Friday, September 2nd will be issued a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a dividend yield of 3.13%. The ex-dividend date of this dividend is Wednesday, August 31st.

In related news, Director Norman L. Rosenthal sold 9,375 shares of the firm’s stock in a transaction that occurred on Friday, August 5th. The shares were sold at an average price of $49.26, for a total value of $461,812.50. Following the sale, the director now owns 28,399 shares in the company, valued at $1,398,934.74. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director David S. Johnson sold 3,125 shares of the firm’s stock in a transaction that occurred on Tuesday, August 9th. The stock was sold at an average price of $49.69, for a total transaction of $155,281.25. Following the completion of the sale, the director now owns 49,003 shares in the company, valued at approximately $2,434,959.07. The disclosure for this sale can be found here.

Other large investors recently modified their holdings of the company. Airain ltd boosted its stake in shares of Arthur J. Gallagher & Co. by 751.2% in the fourth quarter. Airain ltd now owns 82,037 shares of the company’s stock valued at $3,359,000 after buying an additional 72,399 shares in the last quarter. Victory Capital Management Inc. boosted its stake in shares of Arthur J. Gallagher & Co. by 19.8% in the fourth quarter. Victory Capital Management Inc. now owns 74,196 shares of the company’s stock valued at $3,038,000 after buying an additional 12,278 shares in the last quarter. Advisors Asset Management Inc. boosted its stake in shares of Arthur J. Gallagher & Co. by 23.3% in the fourth quarter. Advisors Asset Management Inc. now owns 32,766 shares of the company’s stock valued at $1,341,000 after buying an additional 6,197 shares in the last quarter. Finally, Suntrust Banks Inc. boosted its stake in shares of Arthur J. Gallagher & Co. by 17.3% in the fourth quarter. Suntrust Banks Inc. now owns 31,093 shares of the company’s stock valued at $1,272,000 after buying an additional 4,580 shares in the last quarter.

Arthur J. Gallagher & Co is engaged in providing insurance brokerage and consulting services and third-party claims settlement and administration services to both domestic and international entities. The Company operates through three segments: brokerage, risk management and corporate. The Company provides insurance, brokerage and risk management services to a range of commercial, industrial, institutional and governmental organizations through its operating segments.

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