Arthur J. Gallagher & Co. (NYSE:AJG) Director Frank E. Jr. English sold 1,500 shares of the firm’s stock in a transaction that occurred on Friday, November 3rd. The shares were sold at an average price of $63.67, for a total transaction of $95,505.00. Following the transaction, the director now owns 10,600 shares in the company, valued at approximately $674,902. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Arthur J. Gallagher & Co. (AJG) opened at $64.14 on Tuesday. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.08 and a quick ratio of 1.08. The stock has a market cap of $11,515.09, a P/E ratio of 21.96, a price-to-earnings-growth ratio of 2.14 and a beta of 1.22. Arthur J. Gallagher & Co. has a 12-month low of $47.16 and a 12-month high of $64.06.

Arthur J. Gallagher & Co. (NYSE:AJG) last posted its quarterly earnings results on Thursday, October 26th. The financial services provider reported $0.81 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.79 by $0.02. The firm had revenue of $1.58 billion for the quarter, compared to analyst estimates of $1.60 billion. Arthur J. Gallagher & Co. had a net margin of 7.62% and a return on equity of 13.56%. The firm’s quarterly revenue was up 6.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.77 earnings per share. equities analysts forecast that Arthur J. Gallagher & Co. will post 2.99 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, December 1st will be given a $0.39 dividend. The ex-dividend date of this dividend is Thursday, November 30th. This represents a $1.56 annualized dividend and a yield of 2.43%. Arthur J. Gallagher & Co.’s dividend payout ratio (DPR) is 62.40%.

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A number of institutional investors have recently bought and sold shares of AJG. Citadel Advisors LLC boosted its stake in Arthur J. Gallagher & Co. by 785.9% in the 2nd quarter. Citadel Advisors LLC now owns 2,362,782 shares of the financial services provider’s stock worth $135,269,000 after purchasing an additional 2,096,062 shares during the period. Janus Henderson Group PLC boosted its stake in Arthur J. Gallagher & Co. by 8,471.3% in the 2nd quarter. Janus Henderson Group PLC now owns 1,852,944 shares of the financial services provider’s stock worth $106,081,000 after purchasing an additional 1,831,326 shares during the period. American Century Companies Inc. boosted its stake in Arthur J. Gallagher & Co. by 4,730.8% in the 2nd quarter. American Century Companies Inc. now owns 1,550,935 shares of the financial services provider’s stock worth $88,791,000 after purchasing an additional 1,518,830 shares during the period. Principal Financial Group Inc. boosted its stake in Arthur J. Gallagher & Co. by 97.9% in the 2nd quarter. Principal Financial Group Inc. now owns 1,242,484 shares of the financial services provider’s stock worth $71,132,000 after purchasing an additional 614,788 shares during the period. Finally, Vanguard Group Inc. boosted its stake in Arthur J. Gallagher & Co. by 3.2% in the 2nd quarter. Vanguard Group Inc. now owns 18,149,660 shares of the financial services provider’s stock worth $1,039,067,000 after purchasing an additional 571,235 shares during the period. 81.30% of the stock is owned by hedge funds and other institutional investors.

A number of research analysts recently commented on the stock. Zacks Investment Research upgraded shares of Arthur J. Gallagher & Co. from a “sell” rating to a “hold” rating in a research note on Tuesday, October 31st. Credit Suisse Group raised their price objective on shares of Arthur J. Gallagher & Co. from $68.00 to $69.00 and gave the company an “outperform” rating in a research note on Friday, October 27th. Barclays PLC raised their price objective on shares of Arthur J. Gallagher & Co. from $68.00 to $70.00 and gave the company an “overweight” rating in a research note on Monday, October 16th. Deutsche Bank AG lowered shares of Arthur J. Gallagher & Co. from a “buy” rating to a “hold” rating and set a $64.00 price objective on the stock. in a research note on Wednesday, October 4th. Finally, Royal Bank Of Canada reiterated a “hold” rating and set a $59.00 price objective on shares of Arthur J. Gallagher & Co. in a research note on Tuesday, October 10th. One research analyst has rated the stock with a sell rating, five have given a hold rating and six have assigned a buy rating to the stock. Arthur J. Gallagher & Co. presently has an average rating of “Hold” and an average target price of $64.38.

About Arthur J. Gallagher & Co.

Arthur J. Gallagher & Co and its subsidiaries are 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.

Insider Buying and Selling by Quarter for Arthur J. Gallagher & Co. (NYSE:AJG)

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