Arthur J Gallagher & Co (NYSE:AJG) Director Frank E. Jr. English sold 600 shares of the company’s stock in a transaction on Friday, February 9th. The shares were sold at an average price of $63.71, for a total value of $38,226.00. Following the completion of the transaction, the director now owns 10,000 shares of the company’s stock, valued at $637,100. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Shares of Arthur J Gallagher & Co (AJG) traded up $0.53 on Tuesday, hitting $66.74. The stock had a trading volume of 285,231 shares, compared to its average volume of 1,208,696. Arthur J Gallagher & Co has a twelve month low of $54.50 and a twelve month high of $70.55. The company has a quick ratio of 1.08, a current ratio of 1.05 and a debt-to-equity ratio of 0.65. The firm has a market capitalization of $11,756.67, a price-to-earnings ratio of 21.22, a PEG ratio of 1.64 and a beta of 1.24.

Arthur J Gallagher & Co (NYSE:AJG) last released its earnings results on Thursday, January 25th. The financial services provider reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.75 by $0.07. Arthur J Gallagher & Co had a return on equity of 13.95% and a net margin of 7.52%. The firm had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.48 billion. During the same quarter in the prior year, the firm posted $0.66 earnings per share. The company’s quarterly revenue was up 15.5% on a year-over-year basis. equities analysts predict that Arthur J Gallagher & Co will post 3.57 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 16th. Stockholders of record on Friday, March 2nd will be given a dividend of $0.41 per share. The ex-dividend date of this dividend is Thursday, March 1st. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.46%. This is a positive change from Arthur J Gallagher & Co’s previous quarterly dividend of $0.39. Arthur J Gallagher & Co’s dividend payout ratio (DPR) is currently 61.42%.

A number of analysts have weighed in on AJG shares. Zacks Investment Research upgraded Arthur J Gallagher & Co from a “hold” rating to a “buy” rating and set a $71.00 price target on the stock in a research report on Monday, January 15th. Wells Fargo & Co set a $74.00 target price on Arthur J Gallagher & Co and gave the stock a “buy” rating in a report on Friday, December 8th. Keefe, Bruyette & Woods restated a “buy” rating and set a $77.00 target price on shares of Arthur J Gallagher & Co in a report on Friday, December 22nd. Barclays increased their target price on Arthur J Gallagher & Co from $68.00 to $70.00 and gave the stock an “overweight” rating in a report on Monday, October 16th. Finally, SunTrust Banks restated a “buy” rating and set a $75.00 target price on shares of Arthur J Gallagher & Co in a report on Friday, January 26th. Five investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $71.44.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Intl Fcstone Inc. acquired a new stake in shares of Arthur J Gallagher & Co during the second quarter worth about $325,000. Bank of Hawaii acquired a new stake in shares of Arthur J Gallagher & Co during the third quarter worth about $356,000. Segall Bryant & Hamill LLC acquired a new stake in shares of Arthur J Gallagher & Co during the third quarter worth about $271,000. Nomura Holdings Inc. raised its position in shares of Arthur J Gallagher & Co by 238.9% during the second quarter. Nomura Holdings Inc. now owns 24,160 shares of the financial services provider’s stock worth $1,382,000 after purchasing an additional 17,032 shares during the period. Finally, Bollard Group LLC grew its holdings in shares of Arthur J Gallagher & Co by 5.8% during the third quarter. Bollard Group LLC now owns 46,459 shares of the financial services provider’s stock worth $2,860,000 after buying an additional 2,562 shares in the last quarter. 81.49% of the stock is currently owned by institutional investors.

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Arthur J Gallagher & Co Company Profile

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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