Arthur J. Gallagher & Co. (AJG) Earns Daily Media Sentiment Rating of 0.19
News headlines about Arthur J. Gallagher & Co. (NYSE:AJG) have been trending somewhat positive recently, according to Accern. The research group identifies negative and positive press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Arthur J. Gallagher & Co. earned a coverage optimism score of 0.19 on Accern’s scale. Accern also gave press coverage about the financial services provider an impact score of 46.3577294864732 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Here are some of the news stories that may have impacted Accern’s analysis:
- Arthur J. Gallagher & Co. (AJG) VP Sells $496,204.00 in Stock (americanbankingnews.com)
- Arthur J. Gallagher & Co. (AJG) PT Set at $74.00 by Wells Fargo & Company (americanbankingnews.com)
- Arthur J. Gallagher (AJG) Reports Acquisition of SouthCap Brokerage Group, LLC (streetinsider.com)
- Royal Bank Of Canada Reaffirms Hold Rating for Arthur J. Gallagher & Co. (AJG) (americanbankingnews.com)
- ETFs with exposure to Arthur J. Gallagher & Co. : December 7, 2017 (finance.yahoo.com)
Shares of Arthur J. Gallagher & Co. (NYSE:AJG) traded down $0.21 during trading on Monday, reaching $65.48. 819,867 shares of the company’s stock traded hands, compared to its average volume of 867,482. The stock has a market capitalization of $11,840.00, a price-to-earnings ratio of 22.65, a P/E/G ratio of 2.21 and a beta of 1.23. Arthur J. Gallagher & Co. has a one year low of $50.11 and a one year high of $67.32. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.08 and a quick ratio of 1.08.
Arthur J. Gallagher & Co. (NYSE:AJG) last announced its quarterly earnings results on Thursday, October 26th. The financial services provider reported $0.81 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.79 by $0.02. The company 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 revenue was up 6.9% on a year-over-year basis. During the same period in the prior year, the firm posted $0.77 earnings per share. sell-side analysts predict that Arthur J. Gallagher & Co. will post 2.99 earnings per share for the current year.
The business also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, December 1st will be paid a $0.39 dividend. The ex-dividend date is Thursday, November 30th. This represents a $1.56 annualized dividend and a yield of 2.38%. Arthur J. Gallagher & Co.’s dividend payout ratio is currently 62.15%.
Several analysts recently weighed in on AJG shares. Wells Fargo & Company set a $74.00 target price on shares of Arthur J. Gallagher & Co. and gave the company a “buy” rating in a report on Friday. Zacks Investment Research cut shares of Arthur J. Gallagher & Co. from a “hold” rating to a “sell” rating in a report on Monday, October 2nd. Barclays raised their target price on shares of Arthur J. Gallagher & Co. from $68.00 to $70.00 and gave the company an “overweight” rating in a report on Monday, October 16th. Keefe, Bruyette & Woods reaffirmed a “buy” rating and issued a $62.00 target price on shares of Arthur J. Gallagher & Co. in a report on Friday, August 18th. Finally, ValuEngine cut shares of Arthur J. Gallagher & Co. from a “buy” rating to a “hold” rating in a report on Friday, December 1st. Six investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $66.00.
In other news, CFO Douglas K. Howell sold 9,967 shares of the firm’s stock in a transaction that occurred on Thursday, September 14th. The shares were sold at an average price of $59.98, for a total transaction of $597,820.66. Following the transaction, the chief financial officer now directly owns 47,767 shares in the company, valued at $2,865,064.66. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Frank E. Jr. English sold 1,500 shares of the firm’s stock in a transaction that occurred on Friday, November 3rd. The stock was 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 $674,902. The disclosure for this sale can be found here. Insiders sold 19,067 shares of company stock worth $1,189,530 over the last quarter. 1.60% of the stock is currently owned by insiders.
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.
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